It is mid-January and we have only 1 closed residential sale in Ledyard to report for 2012, but that isn't the total picture. Showings are up significantly and that is a very good thing. Whether it is due to ridiculously low interest rates or dropping home prices, buyers ARE looking.
The Eastern CT Association of Realtors has compiled their annual New London County 2011 Sales by Town for single family homes. You will find it below and can compare Ledyard’s real estate statistics to other area towns.
Ledyard Real Estate Statistics
Below you will find Ledyard Real Estate statistics provided by Real Market Reports. This report, dated January 9, 2012, includes all residential home sales in Ledyard as reported to the MLS.
Ledyard Real Market reports that a total of 55 contracts have closed in the last 6 months with an average sold price of $218,671 and average days on market of 102. The average list price (asking price) of homes currently on the market is $256,974.
The $150,000 - $200,000 price range contains the highest # of sold listings. A total of 75 listings have expired in that same time period. The $250,000 - $300,000 price range has the highest number of expired listings at 18 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.
Ledyard Snapshot
Number of Homes Sold in 2012 – 1
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.
There were 4 new listings, 3 pending sales and 1 closed sale in the past 7 days.
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.
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