Groton Long Point Sign Real Estate

Groton Long Point Real Estate currently has 35 active single family properties listed on the market.  This is slightly lower than the 39 two months ago.  The average price is down $35k for basically the same sized home.  Active days on the market fell 11 on average but the median rose 19 days.  GLP listings tend to fade off the market toward the end of the year simply because it is a summer community.  There should be some adjustment for the time of the year.

Beds Baths SqFt Listing Price LP$/SqFt Sale Price SP$/SqFt SP/LP ADOM
High 6 6.1 5,300 $2,950,000 $1,027 $0 $0 0% 702
Low 2 1 979 $399,900 $211.53 $0 $0 0% 1
Average 4 2.54 2,320 $1,219,226 $537.61 $0 $0 0% 202
Median 4 2.1 1,982 $950,000 $509.45 $0 $0 0% 169

There are currently no properties under deposit in Groton Long Point.

Over the last 12 months, there have been 10 closed transactions from Groton Long Point real estate agents.  This is up by 4 from the rolling period two months ago.  This news was not good for the prices as the average sales price fell $33k and the median fell $145k.  GLP owners were able to, on average, obtain 88% (up 2 tenths) of their asking price after being on the market 240 days.

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 $881.45 103.5% 460
Low 3 1.1 1,440 $450,000 $251.02 $435,000 $236.15 73.7% 72
Average 5 2.32 2,337 $1,144,090 $499.72 $977,780 $424.93 88.1% 240
Median 5 2.25 2,065 $972,500 $418.31 $782,900 $367.6 90.45% 159

If you are looking for Properties for sale in Groton Long Point or if you would like to work with a CT Realtor in this area, please contact us today.  We would love to help you buy or sell your next home.

The following statistics were based on single family residential home and all data is collected from the CTMLS as of 9/17/14.  Updates will be posted to our GLP page.