It is different, not for everybody, but it is a piece of tranquility near the water. Great place for boating or grab a ferry in New London to Islands. Take a train to NY from Old Saybrook; lots of nearby opportunities for getaways. But best of all, it is on the river, ocean, back bay. Kayakers, boaters and over all chill people will like Old Lyme. I will be here as long as I can. It is still priced reasonably and has some real deals too. But those people moving in should know that town regulations are archaic, which is probably the reason the town is locked in time...Little to no commercialization.
The market is moving down here on the shoreline. With interest rates at a all time low, it get the buyers off the fence.
We have seen many homes close in all price ranges.
If I can answers any other questions for you please e-mail.
Inventory this last 2 months for my business partner are, 61 Billow sold shy of a million, 65 Centerbeach high 300,000 , 57 Saltaire 450,000 Beechwood closing on Friday price close to asking.
New listing @ POINT O WOODS just shy 2 million.
Have a great evening.