Inventory rose sharply this week to 142 active residential listings. There were 13 new listings to report this week. It appears that Pfizer layoffs may be contributing to the increase of residential listings. There were only 2 pending sales to report and only 2 closed home sales. Those price reductions keep on coming; there were 11 price reductions this week totaling $144,000.
New London County Second Quarter statistics have been released by the Eastern CT Association of Realtors©. The number of sales of single family homes in New London County is down 37.45% from the second quarter of last year. In addition, the average price is down 16.18% while the median price is down 11.69%. Today's Ledyard Snapshot Number of Ledyard Homes Currently for Sale: 142 Last week there were 136 active listings and one year ago there were 122 residential listings in Ledyard. Number of Ledyard Homes Currently Pending: 31 One year ago there were 39 pending sales in Ledyard. Number of Homes Sold in 2008: 55 One year ago there were 111 closed sales in Ledyard. The highest priced home to sell in Ledyard in 2008: $740,000 There were 11 price reductions this week totaling $144,000 This week's photo was taken on Reuven Drive in Ledyard. |