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Norwich Market Trends

Today, December 23, 2009

Median Sales Price in Norwich

Embed Info
1 yr 5 yr Max
Norwich median sales prices
Number of sold homes in Norwich
No. BedroomsSep - Nov '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms$157,500+5.0%$138,500$150,000$141,450
3 bedrooms$149,950+1.0%$179,000$148,500$181,000
4 bedrooms$100,000-46.8%$195,000$188,000$182,750
All properties$150,000-5.7%$168,000$159,000$166,500
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Norwich Summary

The median sales price for homes in Norwich CT for Sep 09 to Nov 09 was $150,000. This represents a decline of 10.7%, or $18,000, compared to the prior quarter and a decrease of 5.7% compared to the prior year. Sales prices have depreciated 9.9% over the last 5 years in Norwich.

The average listing price for Norwich homes for sale on Trulia was $202,961 for the week ending Dec 16, which represents a decline of 1.1%, or $2,236, compared to the prior week and a decline of 1.7%, or $3,559, compared to the week ending Nov 25. Average price per square foot for Norwich CT was $110, a decrease of 5.2% compared to the same period last year.

 

Average Listing Price in Norwich

Embed Info
1 yr 5 yr Max
Norwich average property price
Norwich – number of properties
No. BedroomsWeek ending
Dec 16
w-o-wWeek ending
Dec 9
Week ending
Dec 2
Week ending
Nov 25
1 bedroom$97,386-2.4%$99,768$100,811$98,757
2 bedrooms$166,733-0.8%$168,114$168,699$168,997
3 bedrooms$210,398+0.2%$209,928$207,733$204,864
4 bedrooms$252,141-2.7%$259,116$273,192$282,047
All properties$202,961-1.1%$205,197$206,699$206,520
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Average Price Per Sqft for Homes in Norwich

Embed Info
1 yr 5 yr Max
Norwich average price per square foot
No. BedroomsSep - Nov '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms$133+10.8%$139$120$138
3 bedrooms$112+1.8%$129$110$133
4 bedrooms$63-55.6%$103$142$98
All properties$110-5.2%$119$116$121
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Homes for Sale in Norwich

189 Broadway, Norwich CT
189 Broadw…
$449,900
6 br  2 ½ ba
19 Bailey Heights, Norwich CT
19 Bailey…
$439,000
5 br  3 ba
4 Forestview Drive, Norwich CT
4 Forestvi…
$185,900
2 br  2 ½ ba
141 Hickory Street, Norwich CT
141 Hickory…
$44,900
 
75 Whittington Avenue, Norwich CT
75 Whittin…
$237,000
3 br  1 ba
161 Canterbury Turnpike, Norwich CT
161 Canter…
$204,900
2 br  1 ba
View all Norwich Homes for Sale
 
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Norwich

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Nearby Cities

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Median
sales price
Average
listing price
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$183,500
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Advice

Recent Q&A in Norwich, CT

Q: I am new to the home staging business and need to build my portfolio. How can I find homes to stage for free in the Norwich/New London area? 3 answers
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Our real estate market trends page gives you a valuable overview of the Norwich real estate market. Find Norwich properties, sales statistics, real estate price trends, and real estate market activity. Find detailed information on Norwich 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 Norwich housing statistics are available for each Norwich, 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.