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
Seller: Lan Zhang Hua
Buyer: Amish Shah
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
