Saturday, December 5, 2009

Interesting Real Estate Activity in New Canaan this week




New Canaan Holiday Stroll December 4, 2009
The town looked beautiful all decked out in holiday lights and the crowds really enjoyed the evening.


In the last five days there were 4 sales which closed. All of them were definately in the lower end of the market
238 Old Stamford Rd $755,000
124 Farm Rd $804,500
57 Shaker Rd $848,750
8 Hampton Lane $1,100,000

However,contradicting this trend, there were also two pending contracts in the higher end of the market

57 Welles Lane $2,700,000
945 Oenoke Ridge Rd $3,875,000

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