Excerpt from:  Simply Ledyard
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September 04, 2006

Gales Ferry/Ledyard Real Estate Update

Home listings and sales in Ledyard during the week of 8/27/06

It was a busy week for listings with 11 new listings this week in Ledyard.  Despite the 11 new listings there were 8 withdrawn or expired and 3 pending sales so inventory remains at 128, amazingly the same number as the past 3 weeks!!!  While we would obviously prefer to see a shrinking inventory, a steady one is the next best thing.  This holiday weekend has been very quiet for showings except for my "handyman" special on Whalehead Road for $150,000 which is bringing out investors and curiosity seekers.  September and October have been traditionally strong months (much better than summer).  I'm hopeful that this trend will continue!

*Statistics from sales reported by the members of the Eastern Connecticut REALTORS® Information Service, Inc. do not represent all sales.  Information deemed realiable but not guaranteed.

by Linda Davis
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