WESTERLY REAL ESTATE MARKET REPORT 8/20/13

August 20, 2013 · by Bridget Morrissey · in Real Estate News

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.

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.

• The median sales price for homes in Westerly for May 13 to Jul 13 was $252,250. 
• This represents an increase of 31.1%, or $59,800, compared to the prior quarter and a decrease of 8.3% compared to the prior year. 
• Sales prices have appreciated 3% over the last 5 years in 02891, Westerly. 
• Average listing price for homes on Trulia in Westerly was $793,443 for the week ending Aug 07, which represents an increase of 1.4%, or $10,847 compared to the prior week and a decline of 0.9%, or $6,916, compared to the week ending Jul 17. 
• Average price per square foot for homes in Westerly was $247 in the most recent quarter.