Excerpt from:  Simply Ledyard
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February 24, 2008

Ledyard and Gales Ferry Real Estate Update

Ledyard and Gales Ferry Homes for Sale, Pending and Sold

Ledyard Real EstateThere are exactly 100 active residential listings in Ledyard.  A year ago, that number was 107.  What followed in 2007, was a rush of Pfizer employees relocating from Michigan.  The rush is over so we'll need to look for a new source of buyers to reduce Ledyard inventory. 

Interest rates remain favorable which is a good thing!

We haven't broken the streak yet....since the beginning of the year, only one or two homes have sold per week in Ledyard and this week is no exception with only 2 pending sales.  One of these homes was on the market for only 6 days, proof again that if priced right, and in outstanding condition, a quick sale is possible.

Today's Ledyard Snapshot

Number of Ledyard Homes Currently for Sale:  100
Last week there were 102 and one year ago there were 107 residential listings in Ledyard.

Number of homes with price reductions this week:  3

Number of homes currently pending:  17

Number of homes sold in 2008:  15

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

 

by Linda Davis
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