Stonington CT Real Estate Agent Greg BroadbentThe Stonington real estate market currently has 218 homes actively for sale.  Consisting of all the villages and boroughs within Stonington including Mystic, Pawcatuck, Latimer Point, Lords Point, and Masons Island.  These single family homes have an average list price of $760k with the median well below at $476.  The highest being $15M.  This is currently pulling the averages up higher.  The number of listings on the market has fallen by 20 over the last two months but that is to be expected this time of year.  The average days on the market is up by 14 days along with the +18 for the median, resting at 203 and 118 active days on the market.

Beds Baths SqFt Listing Price LP$/SqFt Sale Price SP$/SqFt SP/LP ADOM
High 14 17 10,140 $15,000,000 $1,992.03 $0 $0 0% 1,208
Low 0 0 719 $100,000 $65.93 $0 $0 0% 2
Average 4 2.52 2,533 $760,368 $273.26 $0 $0 0% 203
Median 4 2.1 2,279 $476,250 $212.21 $0 $0 0% 118

There are currently 51 homes under deposit within the town of Stonington.  This is up 8 from 60 days ago and the numbers were pulled up as well.  The average list price rose from $351k to $403k and the median came up from $289k to $315k.  The average days on the market still went up but it is a positive sign that these prices seem to have gone up.

Beds Baths SqFt Listing Price LP$/SqFt Sale Price SP$/SqFt SP/LP ADOM
High 6 4 5,722 $1,795,000 $616.69 $0 $0 0% 549
Low 1 1 477 $64,900 $49.88 $0 $0 0% 2
Average 3 1.98 2,072 $403,412 $185.47 $0 $0 0% 127
Median 3 2.1 1,976 $315,000 $166.3 $0 $0 0% 68

Stonington real estate agents have sold 164 properties within the last 12 months.  That is down by 2 on the rolling 12 month average.  The numbers seem to be trying to go up however, there are still some mixed numbers.  The average sales price went up from $424k to $426k however, the median was down by $10k to $300k.  The sales price to list price average and median both stayed almost flat along with active days on the market.  The average house sold in Stonington was 3 bedrooms, 2 bathrooms, 2,266 square feet, and sold in 123 days.

Beds Baths SqFt Listing Price LP$/SqFt Sale Price SP$/SqFt SP/LP ADOM
High 6 5 21,780 $3,495,000 $1,207.73 $2,900,000 $966.18 166.5% 1,084
Low 0 0 520 $49,900 $11.43 $43,000 $10.56 37% 1
Average 3 2.02 2,266 $458,632 $204.52 $426,414 $190.22 94.54% 123
Median 3 2 2,005 $319,450 $169.38 $300,000 $161.12 95.2% 75

All statistics are based on the CTMLS as of 9/28/14 for single family residential properties.  If you are considering purchasing a home within Stonington, please feel free to call us.  We look forward to helping you find just the right house for you.