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Ledyard Real Estate Update

Real Estate in Ledyard continues to offer record low inventory while interest rates remain favorable as we head into what promises to be an active spring real estate market.The median sales price in Ledyard is currently $228,000 a slight uptick from 2017 ($225,500). The number of closed sales is running slightly behind last year.

  • The first home sale over $400,000 in 2018 has closed at $405,000. It was a 2700 square foot colonial located on Oak Hills Trail on two acres.
  • There have only been 2 Ledyard condo sales reported in 2018  (Located on King's Highway in Gales Ferry and Lakeside in Ledyard) There are currently  3 condos on the market.
  • February 2018 saw only 9 closed sales while 20 homes closed in January and 15 closed in March. In 2017, more homes closed in July (30) than any other month. The fewest homes closed in November (11).

Market News

As of today, there are 67 active residential listings on the market with a median list price of $269,900. There are 35 pending listings with a median listed price of $239,000 and 45 closed sales with a median sale price of $228,000.

If you would like to receive a list of active, pending, or sold homes in Ledyard or just your neighborhood, feel free to email me at LindaCDavis@gmail.com.

 

Ledyard Closed Sales 2017

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