Within the village of Gales Ferry, there are currently 69 residential properties on the market. These range from a high of $499,000 down to $100,000, excluding mobile homes. These single family residential properties have an average list price of $265k and a lagging median price of $229k. The average days and median days on the market are 144; 106 days. These numbers are higher than the regional averages. The average home in the Gales Ferry part of Ledyard has 3 bedrooms, 1.84 bathrooms, and is 1865 square feet.
| Beds | Baths | SqFt | Listing Price | LP$/SqFt | Sale Price | SP$/SqFt | SP/LP | ADOM | |
|---|---|---|---|---|---|---|---|---|---|
| High | 5 | 4.1 | 4,496 | $499,900 | $291.19 | $0 | $0 | 0% | 517 |
| Low | 2 | 1 | 952 | $100,000 | $95.79 | $0 | $0 | 0% | 15 |
| Average | 3 | 1.84 | 1,865 | $265,386 | $144.84 | $0 | $0 | 0% | 144 |
| Median | 3 | 2 | 1,820 | $229,900 | $142.89 | $0 | $0 | 0% | 106 |
There are currently 18 properties that are under deposit in Gales Ferry. The average list price is $250k and the median is $239k. Active days on the market is significantly lower than the active listings, standing at only 62 days.
| Beds | Baths | SqFt | Listing Price | LP$/SqFt | Sale Price | SP$/SqFt | SP/LP | ADOM | |
|---|---|---|---|---|---|---|---|---|---|
| High | 4 | 3.1 | 3,128 | $508,000 | $188.89 | $0 | $0 | 0% | 195 |
| Low | 3 | 1 | 1,008 | $99,000 | $84.63 | $0 | $0 | 0% | 9 |
| Average | 3 | 1.83 | 1,820 | $250,728 | $136.99 | $0 | $0 | 0% | 62 |
| Median | 3 | 2 | 1,788 | $239,000 | $123.9 | $0 | $0 | 0% | 52 |
Gales Ferry CT has sold more houses within the last year than are currently listed and that is a positive sign. Within the last 12 months, there have been 83 closed sales through real estate agents in Gales Ferry.
| Beds | Baths | SqFt | Listing Price | LP$/SqFt | Sale Price | SP$/SqFt | SP/LP | ADOM | |
|---|---|---|---|---|---|---|---|---|---|
| High | 5 | 3.5 | 3,200 | $409,900 | $252.08 | $409,000 | $231.25 | 107.6% | 455 |
| Low | 2 | 1 | 840 | $65,000 | $49.86 | $55,000 | $45.59 | 71% | 5 |
| Average | 4 | 1.91 | 1,926 | $237,700 | $126.05 | $231,316 | $122.28 | 96.92% | 90 |
| Median | 4 | 2 | 1,872 | $219,900 | $122 | $217,900 | $118.96 | 97.8% | 66 |
If you are looking for properties for sale in Ledyard or if you would like to work with a CT Realtor in this area, please contact us today. We would love to help you buy or sell your next home.
The following statistics were based on the CTMLS as of 8/12/14. Updates to all Gales Ferry Statistics can be found on our G. F. blog by following the link.
