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Health & Fitness

New Canaan Real Estate | MARKET STATS & AFFORDABLE HOUSING

A 'numbers' look at New Canaan's real estate market for May 21-27 ... including properties new to market and the status of our current inventory ... plus, A SPRING REVIVAL.

New Canaan Real Estate Market Activity . May 21 - 27

Photos of new market offerings listed during the past week are shown above, and the statistics for market activity are outlined in the weekly charts below.

NEW SINGLE FAMILY Residential Listings 

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# of Properties 6 Listing Property Volume $10,678,000 Listing Property Median $  1,682,000

ACTIVE SINGLE FAMILY Residential Listings

# of Properties 282 Listing Property Volume $693,408,649 Listing Property Median $    1,995,000 Average Days on Market 152

SINGLE FAMILY Residential Listings UNDER CONTRACT

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# of Properties 6 Pending Property Volume $   10,512,000 Pending Property Median $     1,337,000 Average Days on Market 72

SINGLE FAMILY Residential Listings CLOSED

# of Properties    7 Closed Property Volume   $    10,512,000 Closed Property Median $      1,895,000 Average Days on Market 175

7 Single-Family Residential Property Transfers • Week of May 21

List $1,049,000 / Sold $1,010,000 . 131 Mariomi Road . Gardner to McGuire

List $1,175,000 / Sold $1,133,000 . 153 Bridle Path Lane . Karfapoulous to Posner

List $1,195,000 / Sold $1,142,500 . 6 Kimberly Place . Ziotas to Lee

List $1,925,000 / Sold $1,780,000 . 92 Sturbridge Hill Road . Haney to Guinn

List $1,895,000 / Sold $1,800,000 . 297 Smith Ridge Road. Brown to MacAllister

List $1,950,000 / Sold $1,825,000 . 100 Tobys Lane . Hassler to Dunn

List $5,495,000 / Sold $4,800,000 . 441 Brookside Road . 74MatherFarmRdLLC to Riley

Source . NC FLEX MLS

 

 

I came across this article during the week, and found it both conceptualy easy and well-balanced ...

Spring revival for America's housing market

(Reuters) - Kate Carpenter and her husband waited for two years before sensing the time was right to look to buy a home in the suburbs of New York. 

"This is the first time homes are at an affordable point," said the freelance writer, 35.

She hopes to move her two young daughters out of their rented New York City apartment soon, taking advantage of record low mortgage rates and signs the slump is over.

Six years after the housing market began its slide, dragging the U.S. economy into recession, this year's spring season ... is shaping up to be the strongest since the crash.  Read on here ... 

 

Thank you for taking the time to read my 'New Canaan Market Stats' blog on Patch, published Friday mornings.

Throughout the week please tune in to my features blog, brokerbeatNewCanaan, for daily posts with all things real estate, as well as tips for the entrepeneurial spirit and business-related insights.  

My very best, Regina ... bringing real estate to life.

While I specialize in listing and selling New Canaan real estate, please know that all information contained herein is deemed reliable but is not guaranteed and ought to be independently verified. Call/text to 203.644.5025, or email to regina.brokerbeat@gmail.com, should you require assistance with your real estate needs..

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