New Canaan Market Report: June 2013

The overall positive trend in the housing market has not missed New Canaan. A premium continues to be paid for turn key, recently renovated, well-decorated homes and new luxury construction. New Canaan continues to attract buyers from Manhattan, relocations and neighboring towns for its relative … [Read more...]

New Canaan Market Report: May 2013

Year-Over-Year looking UP: A good indication of the energy in the market right now is the year-over-year increase in total houses sold, up for the month of April and the first four months of the year (see chart). An even better indication is the amount of pendings—properties that are currently under … [Read more...]

Darien Market Report: April 2013

Darien house sales in the first quarter were very strong and similar in sales totals and median price to 2012 (see chart). Pendings in March also revealed high energy. Perhaps the most significant change in the Darien market this year vs. last is the decrease in inventory. There were 123 houses on … [Read more...]

New Canaan Market Report: April 2013

First Quarter:The market picked up in the first three months of 2013 with particular strength in the under $1.5 million price point. Total house closings are up 16% vs. the same time period in 2012. The number of house closings under $1.5 million is up over 90% (21 in the first quarter this year vs. … [Read more...]

Darien Market Report: January 2013

Darien real estate market had a very strong 2012. The 280 sold houses is the highest year-end total we’ve seen since 2007, with momentum growing through the year. The first half of 2012 saw a 14% increase in sales vs. 2011, the second half a 36% increase. While all price points under $2.5 million … [Read more...]

New Canaan Market Report: March 2013

Solds: While February saw a similar amount of house closings in 2013 as 2012, there was a big difference in the median (and average) sale price: $850,000 for February 2013 vs. $1,526,000 for Feb. 2012, a 44.3% decrease. Yet, over the past three months the median sold price for houses is $1,326,000 … [Read more...]

New Canaan Market Report: February 2013

January: We started off 2013 very similar to 2012. This past January we had 12 sold houses vs. 13 in January of 2012; the median sold price was $1,328,000 vs. $1,350,000 in the first month of 2012. One noticeable difference was in the list-to-sale price ratio: 96.3% this past month vs. 92.2% in … [Read more...]

Darien Market Report: June 2011

There have been 75 sold houses in the first 5 months of 2011, ranging in price from $7,450,000 to $448,000, with an average sale price of $1,775,000. The 183 active houses on the market as of June 8 range in price from $13,200,000 to $424,900, with an average list price of $2,260,000. Download … [Read more...]

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