The spring real estate market has not reached Mystic just yet.  Inventory of active listings for sale is ticking up to 102 single family homes.  The average price of these homes is $565,599, down from $569k.  The average and median days on the market have moved slightly up to 160 and 149.  You can search all Mystic real estate on our website in addition to Groton and Stonington Real Estate.  Masons Island is included within the Mystic Real Estate market report but will also have a separate although smaller pool of statistics.  The highest listed home in Mystic is $3,490,000 and the lowest entry level single family home is $149,000.  The following statistics is for the 06355 zip code of Groton and Stonington.

Beds Baths SqFt Listing Price LP$/SqFt Sale Price SP$/SqFt SP/LP ADOM
High 6 4.5 5,142 $3,490,000 $1,673.23 $0 $0 0% 833
Low 1 0 517 $149,000 $73.06 $0 $0 0% 3
Average 3 2.14 2,134 $565,599 $267.12 $0 $0 0% 160
Median 3 2.1 2,123 $399,950 $201.12 $0 $0 0% 149

There are currently 24 homes under deposit or under an “under deposit, continue to show” status.  This number has stayed the same over the last few weeks.  The highest list price home under deposit has gone down to $562,000 along with the average losing $40k to $251,600 and the median lost $14k to end at $237,500.  The “Active Days on the Market” average and median both stayed about the same at 95 and 61 days.

Beds Baths SqFt Listing Price LP$/SqFt Sale Price SP$/SqFt SP/LP ADOM
High 5 4.1 4,400 $562,000 $363.46 $0 $0 0% 323
Low 1 1 520 $74,500 $57.26 $0 $0 0% 2
Average 3 1.75 1,671 $251,600 $159.46 $0 $0 0% 95
Median 3 2 1,656 $237,500 $156.08 $0 $0 0% 61

Within the last 12 months, Mystic real estate agents have closed 141 transactions.  This is staying steady from what it was two weeks ago.  Some of the statistics and data have changed.  The average is $372,961 and the median is $299,000.  The average home in Mystic is a 3 bedroom, 2 bathroom home with 1953 square feet.  The active days on the market was 101 and the median was 67.

Beds Baths SqFt Listing Price LP$/SqFt Sale Price SP$/SqFt SP/LP ADOM
High 10 8 10,349 $2,950,000 $756.05 $2,850,000 $685.48 110.2% 468
Low 1 1 672 $89,000 $71.77 $70,000 $56.45 61.5% 1
Average 3 2.04 1,953 $372,961 $188.98 $349,784 $178.04 94.7% 101
Median 3 2 1,823 $299,000 $173.83 $285,000 $166.08 96.1% 67

The following information is based on the CTMLS as of 3/25/14 and over the last 12 months.