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Friday, November 22, 2024

New London home prices rise in the third quarter of 2017

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The median sale price of a home sold in the third quarter of 2017 in New London rose by $42,500 while total sales decreased by 51.4%, according to BlockShopper.com.

From July through September of 2017, there were 18 homes sold, with a median sale price of $182,500 - a 30.4% increase over the $140,000 median sale price for the same period of the previous year. There were 37 homes sold in New London in the third quarter of 2016.

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