NEW LONDON COUNTY
Q4 2017

NEW LONDON COUNTY
Q4 2017

NEW LONDON COUNTY PDF Share Facebook
ALL PROPERTY TYPES  M Q
Bozrah  M  Q
Single Family Homes M Q  
Colchester  M  Q
Single Family Homes M Q   Condo-Townhome M Q  
East Lyme  M  Q
Single Family Homes M Q   Condo-Townhome M Q  
Franklin  M  Q
Single Family Homes M Q  
Griswold  M  Q
Single Family Homes M Q  
Groton  M  Q
Single Family Homes M Q   Condo-Townhome M Q  
Lebanon  M  Q
Single Family Homes M Q  
Ledyard  M  Q
Single Family Homes M Q   Condo-Townhome M Q  
Lisbon  M  Q
Single Family Homes M Q  
Lyme  M  Q
Single Family Homes M Q  
Montville  M  Q
Single Family Homes M Q   Condo-Townhome M Q  
Mystic  M  Q
Single Family Homes M Q   Condo-Townhome M Q  
N Stonington  M  Q
Single Family Homes M Q  
New London  M  Q
Single Family Homes M Q   Condo-Townhome M Q  
Norwich  M  Q
Single Family Homes M Q   Condo-Townhome M Q  
Old Lyme  M  Q
Single Family Homes M Q  
Preston  M  Q
Single Family Homes M Q  
Salem  M  Q
Single Family Homes M Q  
Sprague  M  Q
Single Family Homes M Q  
Stonington  M  Q
Single Family Homes M Q   Condo-Townhome M Q  
M MONTHLY REPORT AVAILABLE FOR SPECIFIED CITY/AREA/NEIGHBORHOOD.
Q QUARTERLY REPORT AVAILABLE FOR SPECIFIED CITY/AREA/NEIGHBORHOOD.
Cities, areas, neighborhoods or property types within a county that are not represented indicate there is not enough sold data to produce a monthly or quarterly report for that specific city. If you are interested in information for a specific city, area, neighborhood and/or property type, please contact us.

TABLE OF CONTENTS CONTINUED
Voluntown  M  Q
Single Family Homes M Q  
Waterford  M  Q
Single Family Homes M Q   Condo-Townhome M Q  
M MONTHLY REPORT AVAILABLE FOR SPECIFIED CITY/AREA/NEIGHBORHOOD.
Q QUARTERLY REPORT AVAILABLE FOR SPECIFIED CITY/AREA/NEIGHBORHOOD.
Cities, areas, neighborhoods or property types within a county that are not represented indicate there is not enough sold data to produce a monthly or quarterly report for that specific city. If you are interested in information for a specific city, area, neighborhood and/or property type, please contact us.


REAL ESTATE SNAPSHOT | Q4 2017
NEW LONDON COUNTY
Market Quarter Year to Date
Summary Q4 2017 Q4 2016 Percent Change Year-To-Date 2017 Year-To-Date 2016 Percent Change
New Listings 1041 1063 -2.07%  5789 5935 -2.46% 
Sold Listings 845 861 -1.86%  3767 3525 6.87% 
Median Listing Price $219,000 $205,000 6.83%  $219,000 $199,950 9.53% 
Median Selling Price $212,000 $199,900 6.05%  $211,000 $195,000 8.21% 
Median Days on Market 63 54 16.67%  48 51 -5.88% 
Average Listing Price $267,341 $260,468 2.64%  $254,135 $244,057 4.13% 
Average Selling Price $257,156 $248,227 3.6%  $244,907 $233,110 5.06% 
Average Days on Market 88 85 3.53%  77 87 -11.49% 
List/Sell Price Ratio 96.3% 95.7% 0.61%  96.6% 95.6% 1% 
Market Area New Listings % Properties Sold % Median Sold Price % Median DOM %
Q4
2017
Q4
2016
Change Q4
2017
Q4
2016
Change Q4
2017
Q4
2016
Change Q4
2017
Q4
2016
Change
Bozrah 13 7 86%  11 3 267%  $171 K $245 K -30%  56 28 100% 
Single Family Homes 13 7 86%  11 3 267%  $171 K $245 K -30%  56 28 100% 
Condo-Townhome 0 0   0 0   $0 $0   0 0  
Colchester 83 100 -17%  55 59 -6.78%  $225 K $250 K -10%  71 38 87% 
Single Family Homes 80 92 -13%  50 53 -5.66%  $224 K $267 K -16%  72 50 44% 
Condo-Townhome 3 8 -63%  5 6 -17%  $335 K $163 K 106%  66 17 288% 
East Lyme 90 68 32%  77 82 -6.10%  $315 K $271 K 16%  66 70 -5.71% 
Single Family Homes 62 50 24%  63 61 3.28%  $324 K $280 K 16%  60 65 -7.69% 
Condo-Townhome 28 18 56%  14 21 -33%  $245 K $245 K 0.00%  85 80 6.25% 
Franklin 8 5 60%  7 4 75%  $224 K $245 K -8.38%  68 22 209% 
Single Family Homes 8 5 60%  7 4 75%  $224 K $245 K -8.38%  68 22 209% 
Condo-Townhome 0 0   0 0   $0 $0   0 0  
Griswold 42 36 17%  43 33 30%  $166 K $150 K 10%  44 42 4.76% 
Single Family Homes 36 34 5.88%  39 30 30%  $175 K $155 K 13%  44 44 0.00% 
Condo-Townhome 6 2 200%  4 3 33%  $68 K $27 K 150%  56 23 143% 
Groton 123 125 -1.60%  100 112 -11%  $198 K $220 K -10%  61 61 0.00% 
Single Family Homes 104 102 1.96%  78 91 -14%  $243 K $235 K 3.19%  60 66 -9.09% 
Condo-Townhome 19 23 -17%  22 21 4.76%  $98 K $129 K -23%  62 49 27% 
Lebanon 21 22 -4.55%  36 28 29%  $230 K $200 K 15%  71 47 51% 
Single Family Homes 21 22 -4.55%  36 28 29%  $230 K $200 K 15%  71 47 51% 
Condo-Townhome 0 0   0 0   $0 $0   0 0  
Ledyard 71 64 11%  53 69 -23%  $200 K $190 K 5.26%  53 48 10% 
Single Family Homes 68 62 9.68%  49 61 -20%  $207 K $195 K 6.15%  63 48 31% 
Condo-Townhome 3 2 50%  4 8 -50%  $104 K $41 K 153%  7 72 -90% 
Lisbon 12 18 -33%  8 13 -38%  $163 K $182 K -11%  63 18 250% 
Single Family Homes 12 18 -33%  8 13 -38%  $163 K $182 K -11%  63 18 250% 
Condo-Townhome 0 0   0 0   $0 $0   0 0  
Lyme 14 14 0.00%  15 14 7.14%  $390 K $425 K -8.24%  115 116 -0.86% 
Single Family Homes 14 14 0.00%  15 14 7.14%  $390 K $425 K -8.24%  115 116 -0.86% 
Condo-Townhome 0 0   0 0   $0 $0   0 0  
Montville 73 69 5.80%  46 67 -31%  $160 K $175 K -8.54%  47 51 -7.84% 
Single Family Homes 68 60 13%  42 64 -34%  $165 K $175 K -5.84%  47 52 -9.62% 
Condo-Townhome 5 9 -44%  4 3 33%  $60 K $75 K -20%  56 22 155% 

REAL ESTATE SNAPSHOT | Q4 2017
NEW LONDON COUNTY
Market Area New Listings % Properties Sold % Median Sold Price % Median DOM %
Q4
2017
Q4
2016
Change Q4
2017
Q4
2016
Change Q4
2017
Q4
2016
Change Q4
2017
Q4
2016
Change
N Stonington 13 20 -35%  15 23 -35%  $250 K $243 K 2.88%  64 55 16% 
Single Family Homes 13 20 -35%  15 23 -35%  $250 K $243 K 2.88%  64 55 16% 
Condo-Townhome 0 0   0 0   $0 $0   0 0  
New London 68 52 31%  43 55 -22%  $144 K $142 K 1.41%  53 64 -17% 
Single Family Homes 55 38 45%  38 43 -12%  $147 K $142 K 3.49%  53 58 -8.62% 
Condo-Townhome 13 14 -7.14%  5 12 -58%  $73 K $140 K -48%  16 83 -81% 
Norwich 143 173 -17%  105 91 15%  $120 K $110 K 9.09%  71 58 22% 
Single Family Homes 117 136 -14%  85 75 13%  $130 K $115 K 13%  67 51 31% 
Condo-Townhome 26 37 -30%  20 16 25%  $85 K $95 K -11%  83 80 3.75% 
Old Lyme 46 48 -4.17%  40 31 29%  $350 K $350 K -0.14%  103 78 32% 
Single Family Homes 46 47 -2.13%  38 30 27%  $350 K $350 K -0.14%  112 82 37% 
Condo-Townhome 0 1   2 1 100%  $350 K $255 K 37%  43 51 -16% 
Preston 23 23 0.00%  23 17 35%  $233 K $212 K 10%  40 55 -27% 
Single Family Homes 23 23 0.00%  23 17 35%  $233 K $212 K 10%  40 55 -27% 
Condo-Townhome 0 0   0 0   $0 $0   0 0  
Salem 12 11 9.09%  24 15 60%  $229 K $250 K -8.36%  66 31 113% 
Single Family Homes 12 9 33%  22 15 47%  $248 K $250 K -0.76%  75 31 142% 
Condo-Townhome 0 2   2 0   $77 K $0   45 0  
Sprague 5 3 67%  8 2 300%  $282 K $179 K 58%  90 106 -15% 
Single Family Homes 5 3 67%  8 2 300%  $282 K $179 K 58%  90 106 -15% 
Condo-Townhome 0 0   0 0   $0 $0   0 0  
Stonington 66 88 -25%  68 60 13%  $361 K $315 K 15%  81 53 53% 
Single Family Homes 58 80 -28%  60 52 15%  $384 K $300 K 28%  81 41 98% 
Condo-Townhome 8 8 0.00%  8 8 0.00%  $241 K $520 K -54%  90 93 -3.23% 
Voluntown 11 14 -21%  5 11 -55%  $61 K $195 K -69%  12 29 -59% 
Single Family Homes 11 14 -21%  5 11 -55%  $61 K $195 K -69%  12 29 -59% 
Condo-Townhome 0 0   0 0   $0 $0   0 0  
Waterford 104 103 0.97%  63 72 -13%  $233 K $213 K 9.26%  66 37 78% 
Single Family Homes 90 94 -4.26%  58 65 -11%  $238 K $220 K 8.00%  66 36 83% 
Condo-Townhome 14 9 56%  5 7 -29%  $125 K $151 K -17%  28 52 -46% 
Total 1041 1063 -2.07%  845 861 -1.86%  $212 K $200 K 6.05%  63 54 17% 
Single Family Homes 916 930 -1.51%  750 755 -0.66%  $220 K $210 K 4.76%  64 54 19% 
Condo-Townhome 125 133 -6.02%  95 106 -10%  $115 K $144 K -20%  62 63 -1.59% 

NEW LONDON COUNTY
AVERAGE SALES PRICE AND AVERAGE DAYS ON MARKET
Q4 2017 | Single Family Homes
Average Sales Price | Average sales price for all properties sold.
Average Days on Market | Average days on market for all properties sold.
AVERAGE SALES PRICE AND AVERAGE DAYS ON MARKET
Q4 2017 | Condo-Townhome
Average Sales Price | Average sales price for all properties sold.
Average Days on Market | Average days on market for all properties sold.

NEW LONDON COUNTY
SALES PRICE AS A PERCENTAGE OF ORIGINAL PRICE & AVERAGE DOM
Q4 2017 | Single Family Homes
Sale Price as a Percentage of Original Price | Average sale price of property as percentage of final list price.
Average Days on Market | Average days on market for all properties sold.
SALES PRICE AS A PERCENTAGE OF ORIGINAL PRICE & AVERAGE DOM
Q4 2017 | Condo-Townhome
Sale Price as a Percentage of Original Price | Average sale price of property as percentage of final list price.
Average Days on Market | Average days on market for all properties sold.

NEW LONDON COUNTY
PROPERTIES FOR SALE AND SOLD PROPERTIES
Q4 2017 | Single Family Homes
Properties for Sale | Number of properties listed for sale at the end of quarter.
Sold Properties | Number of properties sold.
PROPERTIES FOR SALE AND SOLD PROPERTIES
Q4 2017 | Condo-Townhome
Properties for Sale | Number of properties listed for sale at the end of quarter.
Sold Properties | Number of properties sold.

NEW LONDON COUNTY
MONTHS SUPPLY OF INVENTORY
Q4 2017 | Single Family Homes
Months Supply of Inventory | Properties for sale divided by number of properties sold.
Units Listed | Number of properties listed for sale at the end of month.
Units Sold | Number of properties sold.
MONTHS SUPPLY OF INVENTORY
Q4 2017 | Condo-Townhome
Months Supply of Inventory | Properties for sale divided by number of properties sold.
Units Listed | Number of properties listed for sale at the end of month.
Units Sold | Number of properties sold.

NEW LONDON COUNTY
MEDIAN SALE PRICE AND UNITS SOLD
Q4 2017 | Single Family Homes
Median Sale Price vs. Number of Sold Properties each Year
MEDIAN SALE PRICE AND UNITS SOLD
Q4 2017 | Condo-Townhome
Median Sale Price vs. Number of Sold Properties each Year

NEW LONDON COUNTY
PROPERTIES SOLD BY PRICE RANGE (IN THOUSANDS)
Q4 2017 | Single Family Homes
Number of properties sold in the previous two years
PROPERTIES SOLD BY PRICE RANGE (IN THOUSANDS)
Q4 2017 | Condo-Townhome
Number of properties sold in the previous two years

The statistics presented in the Quarterly Market Report are compiled based on figures and data generated by IDC Global and Datafloat for the benefit of BHHS New England Properties. Due to possible reporting inconsistencies, Days on Market (DOM), average prices and rates of appreciation should be used to analyze trends only. All information should be independently reviewed and verified for accuracy. Due to MLS reporting methods and allowable reporting policy, this data is only informational and may not be completely accurate. Data maintained by the MLSs may not reflect all real estate activity in the market. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Copyright ©2018 BHHS New England Properties.
Information not verified or guaranteed. If your home is currently listed with a Broker, this is not intended as a solicitation.