Ledyard Real Estate Quick Stats are published each weekend and offer a simple look at Ledyard Real Estate. The number of Ledyard residential homes offered for sale continues to drop which is pretty typical this time of year as many sellers prefer to wait until after the holidays to market their homes. The frigid and snowy weather also tends to deter home sellers. 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 241 Ledyard residential sales in 2017 was $225,500 with the highest priced sale at $550,000. (A contemporary home on the waterfront on Long Pond). I will wait another week to do a final review and market update of 2017 Ledyard Real Estate as agents continue to input closed sales to our CT Multiple Listing Service.
There has only been one closed sale in 2018 but at least we started the year off with a higher priced home sale. It usually takes a month or so for numbers to make more sense and average out.