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From the Day - The Heart of Ledyard is Ledyard Center

Ledyard Real Estate Update

Button 2 (Small) Five pending sales in Ledyard is a good week!  Even better news is that the Connecticut Housing Finance Authority interest rate has dropped to 2.75%. There are certain areas of Southeastern CT that are targeted areas which means that the CHFA interest rate for properties in those areas will be 0.25% lower than the CHFA rate for the week.  That's 2.50%, 30-years Fixed!  ALL of New London, as well as specific parts of Groton and Norwich are targeted. You can visit the CHFA website for more information.

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.

Link to Ledyard Real Estate Statistics

On July 30th, Ledyard Real Market Reports show a total of 92 contracts have closed in the last 6 months with an average sold price of $229,748 and average days on market of 109. The average list price (asking price) of homes currently on the market is $269,785.

The $150,000 - $200,000 price range contains the highest # of sold listings during the past 6 months. A total of 46 listings have expired in that same time period. The $250,000 - $300,000 price range has the highest number of expired listings at 14 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 - 96
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:  $395,000

There were 3 new listings, 5 pending sales and 4 closed sales reported 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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