New Canaan, CT Year End Average Sales Prices and 4th Quarter Analysis

January 2013

Real Estate Market Data for New Canaan, CT by Dagny Eason of Dagny's Real Estate

Average Sales Prices 3 Year Comparison by Month

Sales Volume shown by PRICE

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.

Number of Homes Sold in the 4th Quarter (Oct., Nov., Dec.)

2009, 2010, 2011, 2012

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.

Number of Homes Sold in New Canaan by Price Point

4th Quarter (Oct., Nov., Dec.)

2009, 2010, 2011 and 2012

Number of Homes Sold

In 2010, 229 homes sold. 2011,248 homes sold. In 2012, 248 homes sold.

New Canaan

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.

New Canaan CT

• Population 20,000
• Median Resident Age 40.2
• Estimated Household Income $171,806
• Median House or Condo Value in 2012 $1,200,000

(These statistics are estimates)