Monday, November 30, 2009

New Canaan Real Estate Activity November 2009


MEAD PARK ON NOVEMBER 29, 2009


To sum up how the month fared, I am noting a gradual increase in activity with 13 closed sales as compared to November 2008. The average sales price this past month was $1,836,555 which is a decrease of 6% over last November's average sales price of $1,921,000. Compared to the third quarter 2009, which marked a decrease of 20% over third quarter 2008, the 6% shows an improving trend. The average days on the market for closed sales was 237 days and the list to sales ratio is 90.8%, fairly consistant with November 2008 ratio of 90.9%.

The following is the list of closed residential transactions for November

817 New Norwalk Rd $669,000
60 Fawn Lane $890,000
73 Bridle Path $1,105,000
161 Skyview Lane $1,260,000
6 Parish Rd $1,305,000
161 Bowery Rd $1,411,000
128 Dunning Rd $1,500,000
184 Lukes Wood Rd $1,900,000 (HOORAY!!!!!!!!!!!)
928 Ponus Ridge Rd $1,920,000
68 Ludlowe Rd $2,300,000
253 Oenoke Ridge Rd $2,400,000
78 Thurton Dr $3,110,000
119 Clearview Lane $3,975,000


In addition there are 9 pending transactions awaiting closing

129 Weed St $697,000
4 Village Dr $857,000
124 Farm Rd $875,000
103 South Ave $1,145,000
31 Thurton Dr $1,695,000
1313 Smith Ridge Rd $1,749,000
327 Frogtown Rd $2,395,000 (HOORAH!!!!!!!!!!!)
31 Beacon Hill Rd $2,695,000
945 Oenoke Ridge Rd $3,875,000

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