Ledyard Real Estate Market Report 7/23/13

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The Ledyard Real Estate Market Report is a monthly statement of the median sales price for homes, the number of sales, the average price per square foot for homes, the number of homes for sale, and the average listing price of Ledyard homes for sale.

According to trulia.com, the median sales price for homes in Ledyard from Apr 13 to Jun 13 was $121,000 based on 27 sales. Compared to the same period one year ago, the median sales price decreased 40.2%, or $81,250, and the number of sales decreased 10%. Average price per square foot for homes in 06339 was $113, a decrease of 8.1% compared to the same period last year. There are currently 67 resale and new homes in Ledyard on Trulia, including 19 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process.

Average listing price for homes on Trulia in Ledyard was $245,866 for the week ending Jul 10, which represents an increase of 0.1%, or $257 compared to the prior week and an increase of 0.5%, or $1,336, compared to the week ending Jun 19. Sales prices have depreciated 33.5% over the last 5 years in Ledyard.

Bridget Morrissey                            

RE/MAX Property Consultants

500 Bridge Street

Groton CT 06340

Call/Text: (860) 857-5165

Email:  bridgetmorrissey@remax.net

Website: www.bridgetmorrissey.com

Facebook: www.fb.com/mystichomes

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