Stonington CT real estate inventory is currently at 195 homes for sale.  That is up from 181 a month ago.  For a complete list of homes for sale, you can use our real estate search feature.  The highest home listed remains the same at $3,490,000 while the average is slightly higher at $728,490 and the median has inched up to $498,800 from the $450,000.  The average and median number of days on the market is trending downward as it usually does when new listings come on the market.  It currently stands at 210 and 133 days on the market.    The average sized home in Stonington is 2554 square feet, again, slightly up from the 2500 last month. 

The following statistics are based on the last 12 months for single family homes for sale, under deposit, or sold within all of the town of Stonington Connecticut.    If you would like a customized market analysis report for your home or for a different segment of the market, contact us directly and we would be happy to provide that to you.

Beds Baths SqFt Listing Price LP$/SqFt Sale Price SP$/SqFt SP/LP ADOM
High 17 17 10,140 $3,490,000 $1,673.23 $0 $0 0% 1,110
Low 0 0 719 $100,000 $0 $0 $0 0% 1
Average 4 2.54 2,554 $728,490 $279.41 $0 $0 0% 210
Median 4 2.1 2,350 $498,800 $213.22 $0 $0 0% 133

As the inventory is increasing, so is the number of homes under deposit in Stonington Connecticut.  There are currently 46 homes under contract.  This is up from 30 last month.  All of the statistics continue to improve as well.  The highest list price for a home under contract is $1,590,000, the average days on the market has gone down 34 days to 125, and the median is down 13 days to 75 days on the market.

Beds Baths SqFt Listing Price LP$/SqFt Sale Price SP$/SqFt SP/LP ADOM
High 6 4.5 4,000 $1,590,000 $429.73 $0 $0 0% 465
Low 2 1 864 $70,000 $68.64 $0 $0 0% 2
Average 3 1.95 2,061 $349,648 $165.6 $0 $0 0% 125
Median 3 2 1,995 $269,900 $166.91 $0 $0 0% 75

The data for closed transactions by real estate agents over the last 12 months shows a slight slowing of the market.  This may be because of a slower winter, however, our rolling count stands at 175 homes sold, down from 181 last month.   The average days on the market is 8 days higher to 116 as the median of 70 stays the same.  The average sales price inches up to $415,029 and the median moves up to $310,000.  The average size of a home stays almost the same at 2270 square feet but the median has risen by 136 square feet to 2008 square feet.  The highest price home in Stonington sold for $2,900,000.  The total number of sales over the last year is still lower than the current inventory so the data says we still have room for improvement and excess inventory.

If you would like to talk with a Stonington Real Estate Agent, give us a call  today.  For additional information about specific parts of Stonington like Mystic, Masons Island, Latimer Point, Lords Point, Stonington Borough, and Pawcatuck, please feel free to visit each of the pages for an updated analysis.

Beds Baths SqFt Listing Price LP$/SqFt Sale Price SP$/SqFt SP/LP ADOM
High 6 7 21,780 $5,000,000 $1,119.57 $2,900,000 $626.96 166.5% 1,084
Low 0 0 520 $49,900 $11.43 $43,000 $10.56 37% 1
Average 3 2.1 2,270 $452,035 $199.23 $415,029 $185.32 95.11% 116
Median 3 2 2,008 $339,900 $171.29 $310,000 $163.35 95.4% 70

All listing information is deemed reliable but should be independently verified.  All analysis and data is provided by the CTMLS as of 4/24.14.  Previous Stonington real estate Statistics.