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Market Conditions in Old Lyme : Real Estate Advice

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  • Home Buying1
  • Home Selling0
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Activity 2
Mon May 19, 2014
francofour answered:
Love Old Lyme,
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. ... more
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Fri Apr 24, 2009
Robin Cavallaro answered:
There were 12 homes that sold in Old Lyme over the last 3 months. The average days on the market is 199 (ranging from 5 to 436). The average selling price is $533, 308 (ranging from $209,000 to $1,300,000) with the average home selling for 92% of the list price at the time of deposit and 83% of the original listing price.

If I can provide you with any additonal information to help you sell, please let me know.

Robin
... more
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