Real Estate Market Data for New Canaan, CT by Dagny Eason of Dagny's Real Estate
The average sale price in 2010 was $1,516,795, in 2011 it was $1,612,295 and 2012's average was $1,467,151.
In the fourth quarter of 2012 there was a sudden rush to sell quickly before all of the tax laws changed. Many made sure that they were in a good position for Uncle Sam when he came knocking.....
New Canaan's 4th quarter was very busy!! The same number of homes sold in 2011 as in 2012 but look, over 20 more house sold in the 4th quarter in 2012. Most price points took advantage of the current tax laws, especially the $700,000-$999,000 price range.
In 2010, 229 homes sold. 2011,248 homes sold. In 2012, 248 homes sold.
Average sale price in December was $1,642,315 and 27 houses sold last month. In 2012, 248 homes sold with an average price of $1,467,151. There are currently 174 active listings and 28 pending in New Canaan.
(These statistics are estimates)