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November 2017

Ledyard Meeting Schedule

LEDYARDNEWSThe Ledyard Town Council and other Ledyard Committee and Commission minutes and meeting agendas for the week beginning December 18th can be accessed by going to www.OpenLedyard.com.  Select all meeting groups on the pull down menu on the left or just the meeting you are interested in. Members of the public are welcome to attend all meetings except those held in executive session. Resident and Property Owners are invited to comment  at the start of most regular meetings but are limited to 3 minutes at the Town Council meeting.

After a busy last week, things quiet down before Christmas!  Board of Education meetings can be found at the BOE web portal.

Ledyard Meetings


Ledyard Meeting Schedule

LEDYARDNEWS

The Ledyard Town Council and other Ledyard Committee and Commission minutes and meeting agendas for the week beginning December 11th can be accessed by going to www.OpenLedyard.com.  Select all meeting groups on the pull down menu on the left or just the meeting you are interested in. Members of the public are welcome to attend all meetings except those held in executive session. Resident and Property Owners are invited to comment  at the start of most regular meetings but are limited to 3 minutes at the Town Council meeting.

This week is a busy one!  The Town Council will be meeting on Wednesday night in the Town Hall Annex.  The meeting will be live streamed beginning at 7PM.  Here is a link to the meeting agenda. 

Board of Education meetings can be found at the BOE web portal.

 

Ledyard Meetings


Ledyard Real Estate Quick Stats

LedyardQuick StatsLedyard Real Estate Quick Stats are published each weekend and offer a simple look at Ledyard Real Estate.  Ledyard residential homes offered for sale has begun dropping which is pretty typical this time of year as many sellers prefer to wait until after the holidays to market their home. As far as pricing, Ledyard continues to see a positive real estate market as the median closed sale price has improved by over 10% from 2016 when the median price of residential home sales was $204,000. The median price of the 228 Ledyard residential sales in 2017 is $227,675 with the highest price sale at $550,000. (A contemporary home on the waterfront on Long Pond)

In 2016 there were 247 residential home sales in Ledyard.  At the current pace we will not exceed that number in 2017.

Ledyard Quick Stats


Ledyard Lights Update

2016-12-28 19.16.37Get ready for a decorated Jeep tour of Ledyard Lights!  Decorated Jeeps will gather at Holdridge Farm Nursery starting at 3PM on December 17th.  Judging of the Jeeps will take place at 4:30PM. The Tour of Ledyard Lights begins at 5 PM and the jeep drivers will select their favorite home on the tour.

If you see a display of lights you think we might enjoy, or if you have a nice display but don't want to enter the contest, please send me the location and we will add the home to our "Drive-by" list. We are hoping to have a great list to share with you and for our Jeep Tour drivers.

Deadline to SIGN UP is December 10th.


Town of Ledyard Meeting Schedule

LEDYARDNEWSThe Ledyard Town Council and other Ledyard Committee and Commission minutes and meeting agendas for the week beginning December 4th can be accessed by going to www.OpenLedyard.com.  Select all meeting groups on the pull down menu on the left or just the meeting you are interested in. Members of the public are welcome to attend all meetings except those held in executive session. Resident and Property Owners are invited to comment  at the start of most regular meetings.

Meetings of Note: 

The Swearing in of Mayor Fred Allyn III will take place on Monday at 10AM at the Ledyard Center School. Town Council and Board of Education members will be sworn in that evening at 8PM.

A  joint Finance Committee Meeting of the BOE and Town Council Finance Committees will be held  Thursday,  December 7th at 6PM at the Ledyard Town hall Annex. 

Board of Education meetings can be found at the BOE web portal.

 

Ledyard Meetings


Ledyard Real Estate Update

Main FrontThere were only 10 Ledyard sales reported in November as we head into a typical holiday real estate season. While buyers won't be quite as plentiful over the next 60 days, those looking to find their home for the holidays will be serious in their pursuit.

Inventory remains low with 88 active listings. Continued good news for sellers, the 223 Ledyard closed sales in 2017 have a median sold price of $227,500 a significant increase over the median closed price in 2016 of $204,900. 2017 is on track to be a stellar year for Ledyard Real Estate in terms of median sales price.

Many of you have taken advantage of being individually notified by email on a monthly, weekly or daily basis as listings become available, on deposit or sold in Ledyard or in your neighborhood. If you would like to be added to our automatic MLS search,  fill out this Quick Form or reply to this email with your search criteria.

On the Market

On December 2nd,  there were 88 single family homes on the market In Ledyard with a median price of $249,900. Inventory remains low and buyers don't have a big selection in certain price ranges. While there are 21 home listed under 200,000,  only 15 homes are listed in the popular $250,000 - $300,000 price range throughout Ledyard.  

For a link to receive new listings in Ledyard or just in your neighborhood fill out this Quick Form

Current Pending Sales

On December 2nd there were 33 pending listings with a median list price of $234,900.

There were 4 pending sales but "Show for Backup" with a median list price of $264,900. Homes are often listed as "Show for Backup" when there may be a concern about contract contingencies including financing.
This combined total of 37 pending sales has remained steady over the last several months.

Closed Sales

In 2016, there were 247 closed sales in Ledyard  with a median sales price of $204,000. 

2017 offers positive news with 223 closed sales to date in Ledyard with a median sales price of $227,500. The median sales price number has dropped over the past two months as more lower priced homes have become available and have been purchased but overall it is still very good housing news for Ledyard. As a good example, in November there were 10 Ledyard closed sales with a median sales price of only $197,600.

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 126 homes that have closed in the past 6 months is $225,000 which is trending down slightly from the first 6 months of the year.

The median price of the 126 homes that have sold in the past 6 months is $225,000.

Ledyard Closed Sales 2016

Home pictured above is our new listing at 14 Sherwood Trace.