| Beds | Baths | SqFt | Listing Price | LP$/SqFt | Sale Price | SP$/SqFt | SP/LP | ADOM | |
|---|---|---|---|---|---|---|---|---|---|
| High | 6 | 5.1 | 5,300 | $2,750,000 | $1,331.02 | $0 | $0 | 0% | 510 |
| Low | 2 | 1 | 864 | $459,000 | $221.55 | $0 | $0 | 0% | 8 |
| Average | 4 | 2.53 | 2,378 | $1,335,688 | $588.77 | $0 | $0 | 0% | 183 |
| Median | 4 | 2.2 | 2,226 | $1,150,000 | $518.87 | $0 | $0 | 0% | 220 |
2 properties are currently under deposit and pending a closing. With only two homes under deposit, our data pool is really too small to make statistical analysis of the information. The high list price is $1,552,000 and the low is $675,000. It shows that both upper and lower sides of the market have movement. Although, we would like to see more activity with 25 properties on the market.
| Beds | Baths | SqFt | Listing Price | LP$/SqFt | Sale Price | SP$/SqFt | SP/LP | ADOM | |
|---|---|---|---|---|---|---|---|---|---|
| High | 7 | 3.1 | 3,898 | $1,552,000 | $398.15 | $0 | $0 | 0% | 460 |
| Low | 4 | 1.2 | 2,689 | $675,000 | $251.02 | $0 | $0 | 0% | 153 |
| Average | 6 | 2.15 | 3,294 | $1,113,500 | $324.59 | $0 | $0 | 0% | 307 |
| Median | 6 | 2.15 | 3,294 | $1,113,500 | $324.59 | $0 | $0 | 0% | 307 |
10 properties have sold within the last 12 months in Groton Long Point. This is still less than half the current inventory. With the spring market approaching and the expectation that new buyers and new sellers will be coming to GLP, we would like this number to be a higher percentage of listings/sold homes. The average days on the market is shown as 125. Another concern is the list price to sales price ratio. The average for the region is around 95%, GLP is only selling on average at 88% of their list price. If you would like to speak with a Groton Long Point Real Estate Agent about listing your home or about a more accurate competitive market analysis of your home, call us today.
| Beds | Baths | SqFt | Listing Price | LP$/SqFt | Sale Price | SP$/SqFt | SP/LP | ADOM | |
|---|---|---|---|---|---|---|---|---|---|
| High | 7 | 4 | 4,103 | $2,551,000 | $1,124.28 | $2,000,000 | $881.45 | 100% | 490 |
| Low | 2 | 1 | 1,074 | $395,000 | $336.11 | $355,000 | $305.56 | 73.7% | 28 |
| Average | 4 | 2.34 | 2,049 | $1,105,700 | $521.49 | $951,000 | $452.06 | 87.89% | 125 |
| Median | 3 | 2.55 | 1,797 | $872,000 | $444.61 | $797,500 | $378.25 | 89.35% | 81 |
The following statistics are based on only single family residential properties. All information is deemed accurate but should be independently verified. Statistics and data are provided by CTMLS as of 3/9/14.
