Occasionally I like to compare Ledyard stats with other towns in the area. Last week I took a look at what was happening in East Lyme and discovered that Ledyard is doing quite well in comparison. This week I researched Montville.
While Ledyard has 71 closed sales as of this date, Montville has 62. They also have 5 fewer pending sales at this time. Montville's active inventory stands at 132 while Ledyard has 122 active residential listings.
East Lyme and Montville are probably the most similar in the region as far as housing stock, although East Lyme has more larger and expensive homes than Montville and Ledyard. However, Ledyard is certainly holding its own in the region as far as the number of real estate home sales.
Below you will find a link to Ledyard Real Estate statistics provided by Real Market Reports. This report includes all Ledyard Home Sales as reported to the Connecticut Multiple Listing Service during the past 6 months.
On June 17th, Ledyard Real Market Reports show a total of 76 contracts have closed in the last 6 months with an average sold price of $220,193 and average days on market of 101. The average list price (asking price) of homes currently on the market is $270,901.
The $150,000 - $250,000 price range contains the highest # of sold listings during the past 6 months. A total of 58 listings have expired in that same time period. The $250,000 - $300,000 price range has the highest number of expired listings at 17 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.
Number of Homes Sold in 2012 - 69
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 home to sell in 2012: $392,000
There were 8 new listings, 5 pending sales and closed sales reported in the past 7 days.
Photo above is my new listing at 757 Long Cove Road in Gales Ferry.
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.