When my son was in Ledyard Middle School, he walked from Inchcliffe Drive then across Military Highway to wait for the bus at "Cappy's". I doubt the kids would be allowed to make that precarious crossing today. At that time, during the 1980's, the Erickson's had a small general store known as Cappy's, at the waterfront location on Military Highway. The kids loved going there for the penny candy so it was a popular bus stop. During the winter, they could wait inside and helping the elderly Mr. and Mrs. Erickson was part of the deal.
Cappy's, the spelling of which I am guessing at, was purchased by the Town of Ledyard in 2000, and is now the location of Erickson Park, a 2.8 acre site with walking trail, stone barbecue, picnic tables, and a lovely view of Mill Cove and the Thames River, especially at sunset. The Ledyard Park's and Recreation department rents the location for events. This July, they will be holding a Boat Building Camp and 6th-12th graders will be building a 17' plywood Dory and then experience the fun of rowing it in the cove.
The park has come a long way since being a bus stop with a view.
The pace of real estate sales in Ledyard is about the same as a year ago but the average closed sales price is a bit lower. We are just not seeing that boost yet in home prices that is happening around the country. I am watching the average listed price of pending sales and that statistic does look promising. Depending on the actual closed price, we could soon see a nudge in the right direction.
Despite more rain this week, the weekend is just about perfect, even though the grass needs mowed at my place. Happy Father's day to all my clients who celebrate the day. Kick up your feet and let someone else mow the lawn.
Ledyard Snapshot
The average list price (asking price) of the 101 homes currently on the market is $271,981. There are currently 28 homes pending with an average listed price of $249,975. There are an additional 21 homes listed as "show for backup" with an average listed price of $220,686.
There were 6 new listings, 4 pending sales and 4 closed sales reported in the past 7 days
History of Ledyard Home Sales
68 residential homes have sold so far in 2013.
179 residential homes sold in Ledyard in 2012.
127 residential homes sold in Ledyard in 2011.
139 residential homes sold in Ledyard in 2010.
149 residential homes sold in Ledyard in 2009.
143 residential homes sold in Ledyard in 2008.
213 residential homes sold in Ledyard in 2007.
The highest priced residential home to sell in 2012 & 2013: $395,000
Ledyard Real Estate Statistics - Last 6 Months
On June 16th, the Connecticut Multiple Listing Service shows a total of 78 contracts have closed in the last 6 months with an average sold price of $203,261.
A total of 30 listings have expired in that same time period. The $200,000 - $249,999 price range has the highest number of expired listings at 11 properties. 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.
Ledyard Chart of the Week
There were 17 homes in Ledyard that had price reductions in during the past 14 days.Without listing the specific addresses, here is what those reductions look like.
With the Mayor on other Ledyard Town Business, I had the honor this week of presiding over the installation of the officers of the Ledyard Senior Club. The club holds lunches on Wednesdays which are catered and served by different groups and organizations in town. This Wednesday the final lunch before summer was catered by the Knights of Columbus and held at Our Lady of Lourdes Church. I lost count but I think it was a 6 course meal!
Congratulations to the following: President - Jean Watrous; 1st VP - Alayne Treadway; 2VP - Rose O’Lone; Treasurer - Tony Scarpa; Asst Treasurer - Elbert Watrous and Secretary - Phyllis Schrage. Thank you for your service to the senior community!
Senior Club lunches are scheduled throughout the year except for summer. For more information about activities and programs for Ledyard Seniors visit their page on the Ledyard Town Website.
Brian and Julia Cronin own the fabulous Cedar Meadow Farm in Ledyard which specializes in pork products. As a family, we stopped eating sausage and hot dogs awhile back but now they are on the menu again thanks to the purely delightful Cedar Meadow products.
Julia recently mentioned she was looking for old signs to line her chicken coop. I told her I had some old real estate signs that I would give her if she promised to send me a photo of my signs with a few chickens in them. She came though on her promise and then some.
The Ledyard Farmer's Market isn't the largest in the area and in fact, at this time of year, before vegetables become plentiful, it is mighty small. What it lacks in size, it makes up in quality and camaraderie. I attended the opening of the Ledyard Farmer's market last Wednesday and took home a whole bag of really good stuff including eggs from the Full Heart Farm, sausage from Cedar Meadow Farm, and the very best goat cheese from Oak Leaf Dairy. I also bought some homemade bread and sweet stuff that I just couldn’t resist.
The Ledyard Farmer’s Market is opened on Wednesday from 3:30pm – 6:30pm. I saw lots of friends and talked to some folks I met for the first time. It is a real community event and I admit that chatting with people makes it all the more special. For more information about the Farmer’s Market and supporting local farms, visit Ledyard Fresh. I’ll be there again this Wednesday.
One of Ledyard’s newest subdivisions offers classic designs on one acre plus building lots with stone walls and wooded privacy. High quality construction make this building opportunity a solid investment. Other lots and floor plans available. Take the time to explore the possibilities here. Call or email me for more details.
Lot 13 Lambtown Road – $368,300
#13 is located on a 1.62 acre parcel and offers 2100 square feet of living space with great room, formal dining room , eat-in kitchen, and three bedrooms including first floor master suite.
First Floor Plan
Second Floor Plan
Summary of Specifications
Approximately 2,100 sq. ft. finished living space on main floors and 2 stall garage (361 sq. ft.)
3 bedrooms including first floor master suite
Red oak hardwood flooring throughout 1st floor except for master bedroom, bath and laundry area. 2nd floor hallway is also hardwood.
Tile flooring in full baths and laundry areas and carpeting in bedrooms.
Custom hardwood stair system with open rails and newel posts
Forced air 2 zone heating and cooling system (propane fired)
2 ½ baths including master bath
Gas fireplace
Underground utilities, well system and onsite septic sewer
Site work including excavation and preparation for finished landscaping
2x6 framing, plywood sheathing and engineered structural framing
Certain Teed solid clapboard siding
1x4 window and door casing, 1x6 baseboard and solid core 6 panel interior doors
Timberline 30 year architectural roof shingles
Allowances included for kitchen cabinetry, vanities, surfaces and plumbing and lighting fixtures.
Note: Floor plans show possible options – depicted with dotted lines
Development by Cross Shore Building, A Prominent Development Company
Ledyard new construction - One of Ledyard’s newest subdivisions offers classic designs on one acre plus building lots with stone walls and wooded privacy. High quality construction make this building opportunity a solid investment. Other lots and floor plans available. Take the time to explore the possibilities here. Call or email me for more details.
Lot #10 Lambtown Road – $369,500
Located on a 1.3 acre parcel this floor plan offers 2100 square feet of living space with great room, formal dining room , eat-in kitchen, and four bedrooms including master suite.
Summary of Specifications
Approximately 2,100 sq. finished living space on main floors and 2 stall garage (458 sq.)
4 bedrooms including master suite
Red oak hardwood flooring throughout 1st floor and 2nd floor hallway.
Tile flooring in full baths and laundry areas and carpeting in bedrooms.
Custom hardwood stair system with open rails and newel posts
Forced air 2 zone heating and cooling system (propane fired)
2 ½ baths including master bath
Gas fireplace
Underground utilities, well system and onsite septic sewer
Site work including excavation and preparation for finished landscaping
2x6 framing, plywood sheathing and engineered structural framing
Certain Teed solid clapboard siding
1x4 window and door casing, 1x6 baseboard and solid core 6 panel interior doors
Timberline 30 year architectural roof shingles
Allowances included for kitchen cabinetry, vanities, surfaces and plumbing and lighting fixtures.
Development by Cross Shore Building, A Prominent Development Company
The picking is early this year and there is no better (or cheaper) location to pick strawberries than Alden Holdridge’s garden at 1046 Colonel Ledyard Highway. He has a bumper crop and you can get in and out in a matter of minutes. Alden has a sign on the property and provides the containers.
According to the National Weather Service, Gales Ferry set the record for rain in the Northeast with 6.64 inches from storm Andrea. I hope it stayed dry where you are!
I am stopped in the grocery store quite often and asked real estate questions. (Feel free to ask away anytime.) Last week someone asked me when the last time a residential home in Ledyard sold for over $400,000.
It might sound like an odd question but I'm not surprised by it because I do use the $400,000 barrier in my market discussions quite often.The answer: Since 2010, there have only been 7 residential home sales in Ledyard over $400,000.The last was in August of 2011 when a 4686 square foot home at 1 August Meadows sold for $480,000.
Nothing has sold anywhere near that high since. In fact, the highest residential home sale in 2012 or 2013 is a 3600 square foot colonial at 12 Eska Drive in Parsonage Hill which sold for $395,000.
Ledyard Snapshot
The average list price (asking price) of the 100 homes currently on the market is $271,785. There are currently 27 homes pending with an average listed price of $258,178. There are an additional 23 homes listed as "show for backup" with an average listed price of $221,883.
There were 5 new listings, 3 pending sales and 3 closed sales reported in the past 7 days.
History of Ledyard Home Sales
64 residential homes have sold so far in 2013.
179 residential homes sold in Ledyard in 2012.
127 residential homes sold in Ledyard in 2011.
139 residential homes sold in Ledyard in 2010.
149 residential homes sold in Ledyard in 2009.
143 residential homes sold in Ledyard in 2008.
213 residential homes sold in Ledyard in 2007.
The highest priced residential home to sell in 2012 & 2013: $395,000
Ledyard Real Estate Statistics - Last 6 Months
On June 2nd, the Connecticut Multiple Listing Service shows a total of 78 contracts have closed in the last 6 months with an average sold price of $200,739.
A total of 31 listings have expired in that same time period. The $200,000 - $249,999 price range has the highest number of expired listings at 12 properties. 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.
Ledyard Chart of the Week
There are 100 Homes for Sale in Ledyard. An overall view of where they are located.
Photo above of RE/MAX Home Team listing at 19 Huntington Way in Ledyard. More photos HERE.
Ledyard's new Town Clerk, Patricia Riley, was sworn in last week by outgoing Clerk Michael Curley. Patricia previously served as an Assistant Clerk in Preston. Mr. Curley has served as Ledyard's Clerk since January of 2012. We wish Mike all the best and thank him for his service and welcome Patricia as she begins her new responsibilities.
Photo and Post by Mayor John Rodolico on the Ledyard Community Forum on Facebook.
For more information about the Ledyard Town Clerk’s office, visit their WEBSITE, where you will find tons of good town information including this little ditty:
THE CLERK OF THE TOWN* “If you want to get married, or fish in the sea, If you vote by machine, or you vote absentee, Whatever your problem turns out to be, It’s the work of the Clerk of the Town. We’re concerned with such things As the sex of a dog And how many bees in a hive And we file, we record, we attach and attest Anything…. be it dead or alive. Whatever goes on in the Town we record, And we’re ready to help as you enter our door, Though we may become frazzled, we never get bored, Here’s a ‘welcome!’ from your Clerk of the Town”
*Freely adapted and modified from the CT Town Clerks Association, Sept 1978.
