LEDYARD REAL ESTATE SCOOP: The good news this week is that the number of sold homes in Ledyard are slightly higher than a year ago! On the not so good news report, one year ago there were 76 homes on the market in Ledyard. Today there are 96. It is still a buyer's market in Ledyard and most of Eastern CT.
More good news: Our homebuyer website is really really busy so I'm hoping that once we get through this horrible very bad winter that buyers will get off their computers and out viewing houses.
The average list price (asking price) of the 96 homes currently on the market is $273,176. There are currently 26 homes pending with an average listed price of $208,546. There are an additional 14 homes listed as "show for backup" with an average listed price of $246,700.
There were 17 new listings, 6 pending sales and 12 closed sales
reported since March 1st.
In 2014, we have had 34 closed sales with a median price of $199,651.
The highest priced residential home to sell since 2012: $465,000
Ledyard Real Estate Statistics - Last 6 Months
On March 22nd, the Connecticut Multiple Listing Service shows a total of 85 contracts have closed in the last 6 months with an average sold price of $208,505 and a Median Price of $209,000.
A total of 51 listings have expired in that same time period. 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.
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.