Excerpt from:  Simply Ledyard
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December 23, 2007

Ledyard and Gales Ferry Real Estate Update

Ledyard and Gales Ferry Homes for Sale, Pending and Sold

Listing inventory in Ledyard Drops Again!

That's the same title I have written for the past several weeks.  There are 85 residential homes on the market today in Ledyard.  That is extremely good news.  Closed sales in Ledyard reached 205 to top last years closed count of 188.  We should end the year with a 10% increase in number of sales over last year.

There were no pending sales this week, not unexpected this time of year.  Showings have slowed and that should continue through the end of the year. There were 2 closed sales this week.

Ledyard Snapshot:

Number of Ledyard Homes for Sale:  85 (Last week 87) The high point for 2006/2007 was 141 in October of 2006.

Number of homes with price reductions this week:  5

Number of Ledyard Homes Currently Pending: 25

Number of Homes Sold in 2007:  205 (188 Total Sold in 2006)

The highest priced home to sell in Ledyard this year:  $640,000

by Linda Davis, RE/MAX Realty Group
Email Me | Search for Homes | Send e-Mail Email to a Friend | 860-464-0443

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