208685 Resource 125797 125888 125888 1215515713000 1215515921778 Controlled Ledyard and Gales Ferry Real Estate Update Ledyard and Gales Ferry Homes for Sale, Pending and Sold <p><img alt="Gales Ferry School" hspace="7" src="http://farm1.static.flickr.com/176/428797255_e189e24d02_m.jpg" align="left" vspace="2" border="0" />Ledyard/Gales Ferry inventory dropped slightly this week to 136 active residential listings.&nbsp; This is primarily due to a number of listings expiring at the end of June, plus 5 pending sales to report this week!&nbsp; Four new listings came on the market and there were 2 closed sales reported.&nbsp; There were 8 price reductions this week totaling $125,000. The New London Day reported (via The Warren Report) that home prices have been dropping about 1% per month in New London County and predictions are that we still have a way to go. Despite this gloomy outlook, homes are selling if they are aggressively priced and in great condition.&nbsp; <a href="public/item/207419">Average condition</a>&nbsp;isn't good enough! </p><p align="center"><strong><u>Today's Ledyard Snapshot:</u></strong></p><p align="center"><strong>Number of Ledyard Homes Currently for Sale:&nbsp; 136</strong><br />Last week there were 143 Active listings and one year ago there were 117 residential listings in Ledyard.</p><p align="center"><strong>Number of Ledyard Homes Currently Pending:&nbsp; 31</strong><br />One year ago there were 37 pending sales in Ledyard.</p><p align="center"><strong>Number of Homes Sold in 2008:&nbsp; 52<br /></strong>One year ago there were 108 closed sales in Ledyard.</p><p align="center"><strong>The highest priced home to sell in Ledyard this year:&nbsp; $740,000</strong></p><p align="center"><strong>There were 8 price reductions this week totaling $125,000</strong></p><p align="center"><em><a title="Gales Ferry One Room Schoolhouse" href="public/item/163266">Photo of the Gales Ferry One Room School House</a></em></p> 9 application/xml Gales Ferry Homes for Sale Gales Ferry Real Estate Ledyard Homes for Sale Ledyard Real Estate Eastern Connecticut Home Finder Search Homes for Sale in Connecticut http://www.EasternCTHomeFinder.com Ledyard Online A website just for Ledyard http://www.LedyardOnline.com false Mozilla/4.0 (compatible; MSIE 6.0; Windows NT 5.1; SV1; .NET CLR 1.1.4322) 127.0.0.1 127.0.0.1 ldavis 71.235.20.152 false true false false true 205810 false false true false false false true 125797 blog blogsite/CTRelocation/web