LEDYARD REAL ESTATE SCOOP: The good news so far in April is that the number of sold homes in Ledyard is significantly higher than a year ago! Today there are 54 closed sales and a year ago there were 39. Closed sale prices are also sneaking up just a bit. My next report will include statistics from the first 4 months of the year and should arrive in your inbox the first week in May.
More good news: Our homebuyer website is really really busy AND the number of showings on our Ledyard listings has increased.
The average list price (asking price) of the 94 homes currently on the market is $286,626. There are currently 26 homes pending with an average listed price of $242,569. There are an additional 11 homes listed as "show for backup" with an average listed price of $237,330.
There were 25 new listings, 9 pending sales and 9 closed sales reported since April 1st.
In 2014, we have had 54 closed sales with a median price of $194,000
The highest priced residential home to sell since 2012: $465,000
Ledyard Real Estate Statistics - Last 6 Months
On April 20th, the Connecticut Multiple Listing Service shows a total of 89 contracts have closed in the last 6 months with an average sold price of $215,074 and a Median Price of $210,000.
A total of 52 listings have expired in that same time period. Listings may expire for many reasons such as being priced too high,having been inadequately marketed, the property was in poor condition, or perhaps the owner had second thoughts about selling at this particular time.
Listings and sales reported by the members of the CT Multiple Listing Service, Inc and may not represent all sales. Information deemed reliable but not guaranteed.