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Ledyard Trunk or Treat

Trunk or Treat jpg

The 4th annual Ledyard Trunk or Treat event will take place this Friday, October 28th. Forty eight vehicles are now registered and the weather looks to be mighty fine for the last days of October. If you are attending Trunk or Treat, you WILL NOT be admitted before 6:00PM. Children with sensory issues and those under 3 may arrive at 5:45 when those with trunks will refrain from using strobe lights, blinking lights, motion activated items, and scary or loud music.

What started out four years ago as a small  event organized by a single parent with only 48 hours notice has grown to a large community event with many businesses and volunteer organizations participating.

IMPORTANT: Parking will be at Ledyard Center School for those not hosting a trunk. Enter by way of the rear entrance as seen in the map below. For safety reasons, please do not park across the street!

Set up time for those with trunks will begin at 4:30.

trunk or treat Ledyard


Town of Ledyard Meeting Schedule

The Ledyard Town Council and other Ledyard Committee and Commission meeting agendas for the week beginning October 23, 2016 can be accessed on the Accela (IQM2) Web Portal 
The Ledyard Town Council Meeting on Wednesday will include discussion on the Project Report of the Committee to Transform the Budget.

Members of the public are welcome to attend all meetings except those held in executive session.

Town of Ledyard Meetings


Town of Ledyard Meeting Schedule

The Ledyard Town Council and other Committee and Commission meeting agendas for the week beginning October 9, 2016 can be accessed on the Accela (IQM2) Web Portal 

The Ledyard Town Council Meeting on Wednesday will include a presentation by the Southeastern Connecticut Regional Resources Recovery Authority (SCRRRA)

Members of the public are welcome to attend all meetings.

REMINDER: Town Hall will be closed on Monday October 10, 2016 For Columbus Day

Ledyard Meetings


Ledyard Real Estate Update

Best FrontFor those of you that have been following my Ledyard Real Estate report for a long time, you know I always say that September and October are good solid months to sell a home. This year is proving no exception. Pending sales reached 36 sales this month, the highest number of "pendings" since June. 

September continues the good news from August as the median sales price eeks slowly higher and the number of active listings drops to the lowest level since January. I have hoped to say this for a long time but I believe our buyer's market has ended in Ledyard!  If the trend continues we may find ourselves in a seller's market next spring. For now, I will cautiously say since we have less than 6 months of inventory, we are in a balanced market* Keep in mind that certain price ranges do sell quicker than others..

*Real estate professionals agree that a 6 month supply of inventory is a balanced market where neither the buyer or the seller holds the advantage. As inventory drops to a 5 month supply, buyers will have fewer homes to choose from, causing prices to rise.

On the Market

Inventory dropped slightly in August and again in September. In fact, inventory is at the lowest level since January. (good news for sellers). There are currently 103 single family homes on the market. The median list price is $275,000. There were 23 new or back on the market listings reported in September. Having shifted from a buyer's market to a balanced market we are beginning to see a small increase in prices.

Current Pending Sales

There are currently 36 pending listings with a median list price of $222,000. There were 13 new pending sales reported in September with a median list price of $168,000.  There are currently 13 pending sales but "Show for Backup" with a median list price of $195,000. Homes are often listed as "Show for Backup" when there may be a concern about contract contingencies including financing. 

Closed Sales

There are currently 190 closed sales in Ledyard with a median sales price of $205,000. There were 24 closed listings in September. 

While it is useful to follow month by month, a 6 month trend is a better indicator of market conditions. The median price of the 148 homes that have closed in the past 6 months is $207,000. This number is trending up and exceeds the median sold price in 2015!

The median price of the 148 homes that have sold in the past 6 months is $207,000.

1 - 2015 Ledyard Home Sales

Real Estate News

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Data to Consider

This LINK will take you to 2015 New London County Market Statistics by Town, including Ledyard as prepared by the Eastern CT Association of Realtors using sales reported by the members of the Connecticut Multiple Listing Service. 

 

About the author:  Linda Davis has been a licensed real estate agent in Ledyard CT for over 35 years. She has a long history of community service and currently serves as Chairman/Deputy Mayor of  the Ledyard Town Council. Linda is the administer of the popular Ledyard Community Forum on Facebook and also teaches and speaks on technology, mostly for beginners. Linda can help with homes for sale in Ledyard as well as homes for sale in Eastern CT including, Groton, Mystic, Stonington, Norwich, Montville, New London, East Lyme, or Waterford.

Listings and sales reported by the members of the CT MLS, Inc and may not represent all sales. Information deemed reliable but not guaranteed.

Photo of 54 Partridge Hollow