Tuesday, February 13, 2018

Groton Real Estate Market Report from Bridget Morrissey







The Groton Real Estate Market Report is a monthly statement of the average sales price for and number of 2 BR, 3 BR and 4 BR homes sold, the total number of sales, the number of active homes for sale, and the average listing price of Groton homes for sale.

Real Estate Trend Indicator

FEBRUARY 2 BR 3BR 4BR TOTAL ACTIVE
Total Units 10 21 13 44 129
Average Price 196280 296657 373185 296455 554891
YTD 2 BR 3BR 4BR TOTAL ACTIVE
Total Units 12 32 18 62 263


CLICK HERE FOR THE GROTON REAL ESTATE REPORT

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


The neighborhoods include Burnett's Corner, Center Groton, City of Groton, Groton Heights or Groton BankGroton 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.


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.

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



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