According to Fannie Mae economists the national outlook is still looking up in spite of some 'bumps in the road.' Prices are expected to rise boosting household net worth and offset fiscal tightening. Trulia.com reports that the median sales price for homes in Stonington CT for Dec 12 to Feb 13 was $320,000. This represents a decline of 20.4%, or $82,000, compared to the prior quarter and a decrease of 0.8% compared to the prior year. Sales prices have depreciated 43.2% over the last 5 years in Stonington. The average listing price for Stonington homes for sale on Trulia was $735,319 for the week ending Mar 13, which represents a decline of 0.8%, or $5,848, compared to the prior week and an increase of 2%, or $14,290, compared to the week ending Feb 20. Average price per square foot for Stonington CT was $240, an increase of 40.4% compared to the same period last year. The median sales price for homes in Stonington CT for Dec 12 to Feb 13 was $320,000. This represents a decline of 20.4%, or $82,000, compared to the prior quarter and a decrease of 0.8% compared to the prior year. Sales prices have depreciated 43.2% over the last 5 years in Stonington. The average listing price for Stonington homes for sale on Trulia was $735,319 for the week ending Mar 13, which represents a decline of 0.8%, or $5,848, compared to the prior week and an increase of 2%, or $14,290, compared to the week ending Feb 20. Average price per square foot for Stonington CT was $240, an increase of 40.4% compared to the same period last year.
