Ledyard Meeting Schedule

LEDYARDNEWSThe Ledyard Town Council and other Ledyard Committee and Commission minutes and meeting agendas for the week beginning January 15th can be accessed by going to the meeting portal at  www.OpenLedyard.com.  Select all meeting groups on the pull down menu on the left or just the meeting group 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.

It is a quiet meeting week. The Ledyard Town Council will not be meeting this week and  the Finance Committee of the Council will be meeting next week.  Meetings held this week include the Library Commission  and the Social Services Board.

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

Ledyard Meetings


Ledyard 2017 Real Estate Quick Review

new balloonLedyard and the rest of New London County have experienced a 10 year buyers market. Things may be about to change as inventory in Ledyard throughout 2017 maintained record lows and interest rates remained favorable.  Home values in Ledyard increased 10% over 2016 while New London County saw a 5.39% increase. Continuing the trend of 2016, the number of home sales reached 242, a level not seen since 2005. While I am not ready to call it a seller’s market just yet, things look promising for 2018.

In other data:

  • There were 14 condominium sales with a median sales price of $84,000.
  • Two home sales topped $500,000 while 4 others reached the $400,000 mark.
  • Only 3 building lots were reported as sold in Ledyard with a median sale price of $30,000.
  • More homes closed in July (30) than any other month.  The fewest homes closed in November (11).

Today’s Market News

As of today, there are 72 active residential listings on the market with a median list price of $234,450. There are 21 pending listings with a median price of $213,900 and 10 closed sales with a median sale price of $252,500.

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


Ledyard Real Estate Quick Stats

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 remains very low but quite similar to a year ago  The frigid and snowy weather also tends to deter home sellers and buyers.  As far as pricing, there is not enough data yet in 2018 to make any determination of trends although pending sales reflect a lower segment of the market selling. 

2017 saw over a 10% increase in pricing from the previous year although the second half of the year saw a lower median price.  I am currently working on a final review and market update of 2017 Ledyard Real Estate but it does paint a pretty picture.

Ledyard Quick Stats


Long Island Replica in Ledyard

This home is not one the biggest or most expensive listings I ever had in Ledyard, but is one of my favorites.  I loved this house and the wonderful sellers who owned it. This custom home built in 1999 is a replica of a circa 1810 picturesque home in Long Island, NY where the sellers lived prior to moving to Connecticut.  It offered superior workmanship with attention to the original detail.  It is located on a mostly hidden 9.5 acres in Ledyard.

 

Pumpkin Hill


Ledyard Real Estate Quick Stats

statsLedyard 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 remains very low but quite similar to a year ago  The frigid and snowy weather also tends to deter home sellers and buyers.  As far as pricing, there is not enough data yet in 2018 to make any determination of trends. 

2017 saw over a 10% increase in pricing from the previous year although the second half of the year saw a lower median price.  I have decided to 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.

  Ledyard Quick Stats


Ledyard Meeting Schedule

LEDYARDNEWS
The Ledyard Town Council and other Ledyard Committee and Commission minutes and meeting agendas for the week beginning January 15th can be accessed by going to the meeting portal at  www.OpenLedyard.com.  Select all meeting groups on the pull down menu on the left or just the meeting group 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.

The Ledyard Town Council does not meet this week but the Finance Committee of the Council will hold their regular meeting on the 17th at 5PM.  There will also be another joint meeting of the Town Council and BOE Finance Committees on January 18th.  Other meetings held this week include Pension Board and Zoning Board of Appeals.

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

Ledyard Meetings


Ledyard Town Council Meeting Report

LEDYARDNEWSAt the Ledyard Town Council meeting of January 10th, the Town Council authorized the Mayor to engage in a one-year Marketing Agreement to sell the Ledyard Center School, authorized the Mayor to sign a house lease for Town owned property at 332 Colonel Ledyard Highway acquired through foreclosure and delayed the implementation of Ordinance #146, which would have terminated trash pick up from certain mobile home parks.

The Council also reappointed Board and Commission members whose terms were due to expire and continued discussion on their major project to amend and update the over 130 Ledyard  Town Ordinances (laws).

The Mayor’s Report included that Ledyard has now expended 65% of its winter operations budget.  Also, the Tanko LED street light conversion is waiting construction approval from Eversource which is expected in the next month. Once approved, the project will take 4-6 weeks. Southeastern Connecticut Regional Resource Recovery Authority (SCRRRA)  Fees for Fiscal Year 2018-2019 will remain the same at $58 a ton.


Ledyard Food Pantry January Wish List

Thank you to those who supported the Ledyard Food Pantry throughout the holiday season. For those who would like to continue to donate throughout the year, we provide a Top 5 Wish List every month.

Donations may be dropped off at the Food Pantry (located in the church parking lot across from Valentino's) between 9-11 on Tuesdays, Thursday and Saturdays. Or Thursday from 4-6PM.
You may also drop off donations at Parke's Place, Holdridge's, or Village Market in Ledyard and the Hallway at Gales Ferry Landing and Holmberg's in Gales Ferry.

Too cold to go out?  Donate from the warmth of your living room from out Amazon Wish List

Wish List


Ledyard Residents Reject Zoning 2-1

LEDYARDNEWS

As reported in the Day, Nov. 24, 1962:

“In almost a 2-1 margin, Ledyard townspeople last night again rejected zoning. The final vote announced at the end of the four hour meeting was 139 against establishment of a planning and zoning commission and 73 in favor”

The approximately 700 word article talks in detail about the meeting held 55 years ago and reports that at that time 90% of the people in the state lived in zoned areas. Despite that statistic, Ledyard decided to continue to buck the trend. Some of the argument centered around the state of zoning in Groton. One Ledyard resident who recently moved from Eastern Point Road in Groton spoke of Pfizer and how “They promised up and down that there would be no smell, no noise, no smoke and all the rest,….and now the place stinks.” He added that “one side of Eastern Point Road is zoned for industry while right across the street is an A-1 residential section.”

That argument won the day but zoning would be adopted in Ledyard a year later.


Ledyard Real Estate Quick Stats

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.

Ledyard Quick Stats