Community Corner
Housing Market Cools Off Considerably in August
Property transactions recorded at Town Hall show only four properties sold this week, two in East Lyme and two in Old Lyme
Realtors say it's not uncommon for the market to cool off in August following a flurry of sales in June and July as families strive to move before school starts. This week's property transactions recorded in Old Lyme and East Lyme also suggest that more modest properties are moving. Realtors say they've been seeing an increase in first time home buyers.
East Lyme
Woodridge Condominiums, #7M, King Arthur Drive, Flanders
Find out what's happening in The Lymesfor free with the latest updates from Patch.
Seller: Lan Zhang Hua
Buyer: Amish Shah
Find out what's happening in The Lymesfor free with the latest updates from Patch.
Price: $85,000
Date Recorded: August 16, 2012
Spinnaker, Unit #22, Corey Lane, East Lyme
Seller: Joan and Stephen Ducey
Buyer: Eliza P. Donhauser
Price: $280,000
Date Recorded: August 16, 2012
Old Lyme
52, 55-2, 52-3 Four Mile River Road
Seller: Francis V. Balboni, 1556 Homeschool Court, Manassas, VA.
Buyer: George Strauss and Barbara Payne, 52 Four Mile River Road, Old Lyme
Price: $225,000
Date Recorded: August 14, 2012
54 Hawks Nest Road
Seller: Christine Hennesey Larkin
Buyer: Eugene C. Diorio
Price: $363,500
Date Recorded: August 17, 2012
Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.
