Tuesday, June 13, 2017

Groton Real Estate Market Report June 2017 from Bridget Morrissey

The Groton 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 Groton homes for sale.

Groton median sales prices
Groton was established in 1705, when it separated from New London, Connecticut.

Number of sold homes in 06340, Groton
The neighborhoods include Burnett's Corner, Center Groton, City of Groton, Groton Heights or Groton Bank, Groton Long Point, Long Hill, Mystic (06355) — primarily in the neighboring town of Stonington, but a small portion (West Mystic) is in Groton, Noank, Old Mystic, Poquonock Bridge, Fort Hill and Conning Towers-Nautilus Park or the Submarine Base area.

06340, Groton average property price
Groton is the home of General Dynamics Electric Boat Division, which has been supplying the Navy with submersibles since 1899. Electric Boat employs thousands in the Groton/New London area.

06340, Groton – number of properties

The Old Mystic Baptist Church, founded in Groton, was the first Baptist church in Connecticut.

06340, Groton average price per square foot

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