These are the Stonington Real Estate Statistics for the last 12 months. It includes single family residential real estate only. If you are interested in multi-family or commercial and investment real estate, we would be happy to email that to you. The numbers include all of the town of Stonington, including all the villages within it such as Lords Point, Masons Island, Latimer Point, Pawcatuck, Old Mystic, and half of Mystic.
| 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% | 1,035 |
| Low | 0 | 1 | 719 | $125,000 | $0 | $0 | $0 | 0% | 4 |
| Average | 4 | 2.51 | 2,527 | $682,944 | $254.83 | $0 | $0 | 0% | 235 |
| Median | 3 | 2.1 | 2,321 | $459,000 | $209.04 | $0 | $0 | 0% | 177 |
There are currently 179 properties for sale in Stonington. The highest priced home is $3,490,000 and the lowest is $125,000 (excluding mobile homes). The average list price per square foot is $254 with the median trailing that at $209. The median days on the market for an active listing is 177.
| Beds | Baths | SqFt | Listing Price | LP$/SqFt | Sale Price | SP$/SqFt | SP/LP | ADOM | |
|---|---|---|---|---|---|---|---|---|---|
| High | 4 | 4.5 | 4,774 | $1,995,000 | $527.5 | $0 | $0 | 0% | 1,084 |
| Low | 2 | 1 | 1,056 | $134,000 | $68.64 | $0 | $0 | 0% | 2 |
| Average | 3 | 2.32 | 2,365 | $421,379 | $168.35 | $0 | $0 | 0% | 168 |
| Median | 3 | 2.1 | 2,245 | $362,000 | $165.31 | $0 | $0 | 0% | 102 |
There are currently 24 properties under deposit. The highest list price for a home under contract in Stonington is $1,995,000. The lowest is $134,000. With only 24 homes under deposit and 177 active listings, we will need the spring market to pick up in order to clear out more of the inventory. This will allow the market and prices to continue to move up in price. The average list price for a home under deposit is $421,379 and the median trails again at $362,000.
| Beds | Baths | SqFt | Listing Price | LP$/SqFt | Sale Price | SP$/SqFt | SP/LP | ADOM | |
|---|---|---|---|---|---|---|---|---|---|
| High | 6 | 7 | 21,780 | $5,000,000 | $1,119.57 | $2,900,000 | $685.48 | 166.5% | 1,031 |
| Low | 0 | 0 | 696 | $49,900 | $11.43 | $43,000 | $10.56 | 37% | 1 |
| Average | 3 | 2.07 | 2,188 | $439,118 | $200.85 | $400,006 | $185.53 | 94.42% | 118 |
| Median | 3 | 2 | 1,842 | $325,000 | $171.47 | $302,450 | $162.04 | 95.15% | 70 |
Over the last 12 months, the Stonington CT Real Estate market has had 188 properties sold. It is promising that this number is higher than the current inventory, however, historically, January and February are the lowest for inventory. The most expensive sale in Stonington was $2,900,000. The average statistics were for a 3 bedroom house with 2.07 bathrooms and 2188 square feet and selling at 94% of the list price. The average price was $400,000 with the median almost $100k less at $302,450. Another common question asked is what is the average number of days a house is on the market. Using this information, the average days on the market for a house that sells is 118. This does not include homes that are still on the market. If you do not price your home correctly for its condition and location, it will not sell.
If you are looking for statistics for other towns like North Stonington, Groton, Ledyard, we will be posting them on their pages. For information on specific neighborhoods or villages, (Mystic, Lords Point, Latimer Point, Masons Island, Pawcatuck, Old Mystic, Noank, Mumford Cove, Groton Long Point, Gales Ferry) they will be posted less frequently but available on request through either email or our contact form.
All statistics above are from the CTMLS as of 2/9/2014. Updates to current Stonington Statistics can be found on the Stonington Real Estate Page.
