No Summertime Slowdown for the Market
By G.A. Peck
Summertime is in full swing, and typically when August rolls around, the real estate market quiets, as folks try to squeeze in vacations and overschedule their non-work hours, just to soak in as much of the season as possible, before the kids back to school, before the season changes.
But there are still buyers navigating the market right now, looking for homes across the region, wanting and needing to compete against other buyers. At the same time, homeowners who may have been considering selling see it as an opportune time after a second interest-rate hike. So, this summer sees Realtors hard at work introducing homes to prospective buyers, including by way of open houses. Here are just a few of the open houses planned across the region this weekend:
William Raveis Realtor Mary Beth Cosgrove is the listing agent for 2 Tarry Town Lane in Niantic, a two-bedroom single-family home in a 55+ community. It’s sited on a cul-de-sac, part of a Planned Unit Development (PUD). The home has 1,656 square feet of living space with open-plan design, hardwood floors, and a primary suite with a private bath and walk-in closet. The kitchen is designed with a center island, granite surfaces and stainless appliances.
For outdoor living, dining and entertaining, there’s a deck overlooking the level backyard. This property is close to Niantic’s Main Street, with restaurants, shops and the Niantic Cinemas movie theater. Local beaches and the Niantic boardwalk are also nearby. The seller is asking $575,000 for 2 Tarry Town Lane. Monthly association fees apply. Cosgrove is hosting an open house at the property this Sunday, August 7, from 1 to 3 p.m.
Built in 2004 on 1.23 acres in East Lyme, 6 Aberdeen Court is a four-bedroom colonial with more than 4,000 square feet of living space. It has an endearing covered front porch and a double-height foyer. The aesthetic is bright and inviting, with lightly finished hardwood floors and interior French doors with transom windows, allowing light to flow through the floor plan.
The kitchen has been remodeled, with a center island, stainless appliances, granite surfaces and a complementary pantry. The house has a dedicated home office, and there are additional rooms that could be used for work-at-home or homework space. Outdoors, there’s both a paved patio and a Trex deck. Plus, the house has an attached three-car garage. Realtor Jana Fritz, who is affiliated with Randall Realtors-Compass brokerage, is the seller’s agent. The asking price is $739,900. An open house will be held this Sunday, August 7, from 2 to 4 p.m.
Looking in Ledyard? The four-bedroom colonial at 45 Chriswood Trace is new to market. Listing agent Karyn Collins of Coldwell Banker Realty is hosting an open house at the property this Sunday, August 7, from noon to 3 p.m. The house was built in 1989, with a two-car garage and a 0.95-acre lot. Collins notes to buyers that the 2,834-square-foot floor plan affords some flexibility to a buyer, including options for living and dining areas. The seller has made some improvements to the property, including installing a new boiler and 40-gallon hot-water system in 2015.
Buyers may appreciate the property’s proximity to area employers, and also it’s tucked-away vibe. It’s in a walkable, bikeable neighborhood that comes with the added bonus of being close to the Avery Farm Nature Preserve trails and just a mile to Ledyard’s town center. 45 Chriswood Trace is listed for $425,000.