Excerpt from:  Simply Ledyard
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January 13, 2008

Ledyard and Gales Ferry Real Estate Update

Ledyard and Gales Ferry Homes for Sale, Pending and Sold

After dropping 4 weeks in a row, the number of residential real estate listings in Ledyard nudged up a bit but inventory is still at a much lower level than a year ago. There are now 85 residential single family homes on the market.

The most disappointing news this week is there are no pending sales to report. This follows a week where there was only 1 pending sale reported.  Despite this news, showings seemed to have increased this week. 

There were 8 price reductions since my last report as serious sellers attempt to attract buyers.  4 homes closed this week in Ledyard.

Ledyard Snapshot:

Number of Ledyard Homes for Sale: 85 (Last week 79) One year ago there were 106 residential listings in Ledyard.

Number of homes with price reductions this week:  8

Number of Ledyard Homes Currently Pending: 13

Number of Homes Sold in 2008:  5

The highest priced home to sell in Ledyard this year:  $459,997

by Linda Davis
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