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        <Summary>Ledyard and Gales Ferry Homes for Sale, Pending and Sold</Summary>
        <Description>&lt;p&gt;&lt;img alt="Inchcliffe Drive in Gales Ferry" hspace="7" src="http://farm4.static.flickr.com/3261/2560267971_cf83d8365e_m.jpg" align="left" vspace="2" border="0" /&gt;Ledyard/Gales Ferry real estate inventory stands at 143 active residential listings.&amp;nbsp; Last week 8 new listings came on the market.&amp;nbsp; There were 2 pending sales and only 1 closed sale.&amp;nbsp; Price reductions continue to be rather remarkable; there were 12 price reductions this week totaling $176,000.&amp;nbsp; The number of sold homes (50) in 2008 are about half as many as last year at this time. (104)&lt;/p&gt;&lt;p&gt;Although nothing is normal in 2008, the upcoming Fourth of July week is usually quiet with a decrease of showings and pending sales.&amp;nbsp;&amp;nbsp; &lt;/p&gt;&lt;p align="center"&gt;&lt;strong&gt;&lt;/strong&gt;&lt;/p&gt;&lt;p align="center"&gt;&lt;strong&gt;&lt;u&gt;Today's Ledyard Snapshot&lt;/u&gt;&lt;/strong&gt;&lt;/p&gt;&lt;p align="center"&gt;&lt;strong&gt;Number of Ledyard Homes Currently for Sale:&amp;nbsp; 143&lt;/strong&gt;&lt;br /&gt;Last week there were 143 active listings and one year ago there were 116 residential listings in Ledyard.&lt;/p&gt;&lt;p align="center"&gt;&lt;strong&gt;Number of Ledyard Homes Currently Pending:&amp;nbsp; 27&lt;/strong&gt;&lt;br /&gt;One year ago there were 41 pending sales in Ledyard.&lt;/p&gt;&lt;p align="center"&gt;&lt;strong&gt;Number of Homes Sold in 2008:&amp;nbsp;50&lt;/strong&gt;&lt;br /&gt;One year ago there were 104 closed sales in Ledyard.&lt;/p&gt;&lt;p align="center"&gt;&lt;strong&gt;The highest priced home to sell in Ledyard this year&amp;quot;&amp;nbsp; $740,000&lt;/strong&gt;&lt;/p&gt;&lt;p align="center"&gt;There were 12 price reductions this week totaling $176,000.&lt;br /&gt;&lt;/p&gt;</Description>
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