Single-family home sales in Stonington declined to 12 in June, compared with 32 in June 2018, according to the latest report from The Warren Group, publisher of The Commercial Record. The figures, gathered from deeds, showed that the median price also fell from a year ago, to $359,950, compared to $391,500.
On a year-to-date basis, home sales in Stonington were down 35.5%, from 110 in the first half of 2018 to 71 in 2019, while the year-to-date median price rose from $300,000 to $372,000. There were 2 condominium sales in Stonington in June, compared with 8 the preceding June. Year-to-date, condo sales in town were down 59%, from 22 in the first half of 2018 to 9 in the same period this year.
In North Stonington, 4 homes were sold in June, one fewer than June 2018, and the median price was $350,609, compared with $207,500 a year earlier. Year to date through June, 21 homes changed hands, compared with 29 in June 2018.
Statewide in Connecticut, June single-family home sales totaled 3,516 transactions, a 7.1% decrease from June 2018 and the 11th consecutive month of year-over-year declines. In New London County, sales were down 18.6% for the month, to 246, compared with 301 sales in June 2018.