WESTERLY REAL ESTATE MARKET REPORT 6/25/13

The Westerly Real Estate Market Report is a monthly statement of the median sales price for homes, the number of sales, the average price per square foot for homes, the number of homes for sale, and the average listing price of Westerly homes for sale

Bridget Morrissey is a 2012-13 Woman of FIRE (Finance/Insurance/Real Estate) Recipient awarded by the Warren Group and The Commercial Record of Boston, MA and presented by LT GOV Nancy Wyman.

According to trulia.com, 

• The median sales price for homes in ZIP code 02891 in Westerly from Mar 13 to May 13 was $195,000 based on 45 sales. 
• Compared to the same period one year ago, the median sales price decreased 17%, or $40,000, and the number of sales decreased 4.3%. 
• Average price per square foot for homes in 02891 was $175, a decrease of 7.9% compared to the same period last year. 
• There are currently 440 resale and new homes in ZIP code 02891 on Trulia, including 5 open houses, as well as 34 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. 
• The average listing price for homes for sale in 02891 was $797,035 for the week ending Jun 12, which represents an increase of 1.3%, or $10,597, compared to the prior week.
•  Popular ZIP codes in Westerly include 02891 and 02808, with average listing prices of $797,035 and $307,829.  
• Sales prices have depreciated 25.7% over the last 5 years in 02891, Westerly.

Click here for graphs of the WESTERLY REAL ESTATE MARKET REPORT.

Bridget Morrissey                            

RE/MAX Property Consultants

500 Bridge Street

Groton CT 06340

Call/Text: (860) 857-5165

Fax: (800) 928-0230

Email:  bridgetmorrissey@remax.net

Website: www.bridgetmorrissey.com

Facebook: www.fb.com/mystichomes