Excerpt from:  Simply Ledyard
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June 28, 2009

Ledyard and Gales Ferry Real Estate Update

Ledyard Real Estate Statistics for the Week of June 21st

Front

There are 100 active residential listings in Ledyard, priced from a low of $74,900 to a high of $1,644,876 on a historic home on 68 acres in Ledyard. (I bet there is a story about that listing price.) 

As you know, if you've been reading this newsletter for awhile, I get concerned when inventory goes over 100. I expect inventory to drop on July 1st when a number of listings expire on June 30th.

There were 4 pending sales reported this week and only 3 new listings.That is a trend that would be nice to see continued.  There were 3 closed sales reported bringing this years closed sales up to 60. The lowest priced sale reported this year is $103,000 and the highest priced sale was $385,000. To put this in perspective, in 2007, I reported 104 closed sales on this date.  Ouch.

Ledyard and Gales Ferry Real Estate Update

Ledyard Snapshot - June 28, 2009

Number of Ledyard Homes Currently for Sale: 100
Last week there were 102 active listings in Ledyard.

Number of Ledyard Homes Currently Pending:  24

Number of Homes Sold in 2009: 60

There were 143 residential home sales in Ledyard in 2008.
There were 213 residential home sales in Ledyard in 2007.

The highest priced home to sell in Ledyard in 2009:  $385,000
  (The highest price in 2008 was $740,000)

This week’s photo is my new listing at 56 Harvard Terrace in Ledyard. Visit my listing website to find photos of all my current homes for sale.

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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