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        <Summary>Ledyard and Gales Ferry Homes for Sale, Pending and Sold</Summary>
        <Description>&lt;p&gt;One of the most fascinating things I found as I reviewed statistics for Ledyard real estate in 2007 concerned building lots.&amp;nbsp; &lt;strong&gt;There were only 4 building lots sold in Ledyard in 2007&lt;/strong&gt;.&amp;nbsp; These represent only those listed through the Multiple Listing Service but it is still surprising none the less.&amp;nbsp; All 4 lots were multi-acre and sold from $59,900 - $99,000.&amp;nbsp; In 2006 there were 15 lots sold with a median price of $105,000.&lt;/p&gt;&lt;p&gt;This week, listing inventory remained the same as last&amp;nbsp;with &lt;strong&gt;91 active listings for sale in Town of Ledyard.&amp;nbsp; &lt;/strong&gt;The most disappointing news (AGAIN) is that there is only 1 pending sale to report.&amp;nbsp; Pending sales in Ledyard now number only 13.&lt;/p&gt;&lt;p&gt;&lt;strong&gt;There were 6 price reductions (several significant) since my last report.&amp;nbsp; 3 homes closed last week.&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;&lt;strong&gt;&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;&lt;strong&gt;&lt;u&gt;Ledyard Snapshot:&lt;/u&gt;&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;&lt;strong&gt;Number of Ledyard Homes for Sale:&amp;nbsp; 91 &lt;/strong&gt;(Last week 91) &lt;/p&gt;&lt;p&gt;&lt;strong&gt;Number of Homes with Price Reductions this week:&amp;nbsp; 6&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;&lt;strong&gt;Number of Ledyard Homes Currently Pending:&amp;nbsp; 13&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;&lt;strong&gt;Number of Homes Sold in 2008:&amp;nbsp; 10&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;&lt;strong&gt;The highest priced home to sell in Ledyard this year:&amp;nbsp; $459,997&lt;/strong&gt;&lt;/p&gt;</Description>
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