A serious and factual look into the housing market and homes for sale in New Canaan, Ct by Denise Gannalo,an experienced, trusted and knowledgable professional and Top Producer of William Raveis Real Estate for 15 years.
In analyzing the sales statistics for the year to date, it is no surprise that New Canaan’s numbers are not as stellar as they were in past years. The number of residential sales so far this year add up to 52 closings. Compared to the past years, this is the tally:
Clearly, the number of transactions are significantly lower than one year ago and more than 50% lower than 4 years ago in the year 2004. However, the average sales price to date this year remains at the lofty level of $2,444,716 and the median price tops out at $2,025,000. While these numbers reflect the solid base of New Canaan real estate values, it is important not to paint a false picture. Homes that are priced well are the homes that have sold. Even though the average price to date this year is at a record level, it reflects transactions of homes that would have sold at much higher levels in the several years past. Crucial to selling your home in the current marketplace is pricing. In New Canaan, every home will sell, but only at the right price and the right price is a delicate balance of value, location and condition.
30 Summer St $695,000 115 River St $699,000 82 Lakewind Rd $1,225,000 868 Silvermine Rd $1,390,000 185 Silvermine Rd $1,395,000 143 Old Stamford Rd $1,425,000 89 South Bald Hill Rd $1,995,000 68 Running Brook La $2,199,000 81 Ramhorne Rd $2,950,000 52 Parade Hill La $2,995,000 284 Hawks Hill Rd $3,249,000 198 Bridle Path La $6,200,000
366 Ponus Ridge Rd $1,189,000 39 Grace St $1,250,000 571 Cheesespring Rd $1,295,000 34 Brookwood La $1,399,000 109 Beech Rd $1,544,250 499 Country Club Rd W $1,595,000 29 Myanos Rd $1,890,225 82 Canoe Hill Rd $3,095,000 362 South Ave $4,695,000