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New London Market Trends

Today, November 24, 2009

Median Sales Price in New London

Embed Info
1 yr 5 yr Max
New London median sales prices
Number of sold homes in New London
No. BedroomsAug - Oct '09y-o-y3 months prior1 year prior5 years prior
1 bedroom--$52,000$430,000$78,000
2 bedrooms$181,500+6.8%$104,500$170,000$155,000
3 bedrooms$125,000-30.6%$160,000$180,000$179,000
4 bedrooms$107,500-45.6%$59,850$197,500$200,000
All properties$109,500-36.5%$91,500$172,500$172,500
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New London Summary

The median sales price for homes in New London CT for Aug 09 to Oct 09 was $109,500. This represents an increase of 19.7%, or $18,000, compared to the prior quarter and a decrease of 36.5% compared to the prior year. Sales prices have depreciated 36.5% over the last 5 years in New London.

The average listing price for New London homes for sale on Trulia was $284,599 for the week ending Nov 18, which represents an increase of 2.7%, or $7,578, compared to the prior week and a decline of 0.4%, or $1,056, compared to the week ending Oct 28. Average price per square foot for New London CT was $75, a decrease of 49.3% compared to the same period last year.

 

Average Listing Price in New London

Embed Info
1 yr 5 yr Max
New London average property price
New London – number of properties
No. BedroomsWeek ending
Nov 18
w-o-wWeek ending
Nov 11
Week ending
Nov 4
Week ending
Oct 28
1 bedroom$140,1850.0%$140,185$134,509$131,535
2 bedrooms$228,905+0.3%$228,187$231,039$228,982
3 bedrooms$263,661+4.6%$251,995$248,626$250,375
4 bedrooms$325,484+4.5%$311,617$321,271$313,798
All properties$284,599+2.7%$277,021$282,720$285,655
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Average Price Per Sqft for Homes in New London

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1 yr 5 yr Max
New London average price per square foot
No. BedroomsAug - Oct '09y-o-y3 months prior1 year prior5 years prior
1 bedroom--$114$717$115
2 bedrooms$161+12.6%$102$143$147
3 bedrooms$88-34.8%$103$135$133
4 bedrooms$58-51.7%$66$120$101
All properties$75-49.3%$80$148$126
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Homes for Sale in New London

161 Ocean Avenue, New London CT
161 Ocean…
$269,900
 
685 Pequot Avenue, New London CT
685 Pequot…
$899,900
4 br  2 ½ ba
404 Pequot Avenue, New London CT
404 Pequot…
$798,000
3 br  2 ba
12 Fowler Court, New London CT
12 Fowler…
$249,000
3 br  2 ½ ba
519 Montauk Avenue, New London CT
519 Montauk…
$259,900
3 br  3 ba
60 Mountain Avenue, New London CT
60 Mountain…
$165,900
 
View all New London Homes for Sale
 
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Nearby Cities

Cities
Median
sales price
Average
listing price
Waterford
$276,000
$405,021
Groton
$171,250
$402,508
Quaker Hill
$218,500
$292,742
Niantic
$255,000
$413,269
Gales Ferry
$243,950
$266,909
East Lyme
$322,500
$558,992
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Advice

Recent Q&A in New London, CT

Q: Where do I find the lists of the sold properties? Be the first to answer
Q: Is Connecticut considered to be in a buyer or seller market? 9 answers
Q: what was 34 prest street sold for in feb 2008 and who bought it? 1 answer
Q: Is there a best time of month to close on a home in New London, Connecticut? 2 answers
Q: Can you find homes under $200,000 in Connecticut? 5 answers

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Nearby Cities Real Estate

  • Waterford Real Estate
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  • Niantic Real Estate
  • Gales Ferry Real Estate
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Nearby Cities Sold Homes

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Nearby Cities Home Prices

  • Waterford Home Prices
  • Groton Home Prices
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  • Niantic Home Prices
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New London Stats & Trends

  • New London Real Estate Overview
  • New London Schools
  • New London Community Info
  • New London Home Prices
  • New London Real Estate
  • New London Recently Sold Homes

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Our real estate market trends page gives you a valuable overview of the New London real estate market. Find New London properties, sales statistics, real estate price trends, and real estate market activity. Find detailed information on New London average and median listing prices, home value trends, and average price per square feet information for single family homes, condos, and other property types. Real estate market data is segmented by the number of bedrooms and New London housing statistics are available for each New London, CT neighborhood.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Price per Square Foot is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.