Pending Contracts and Sales in New Canaan are up

156 Old Studio Rd is one of the homes in contract waiting to close. This property was on the market for only one week and was listed by myself at $2,250,000

There has been a 72% increase in closed sales year to date in New Canaan as compared to the same period last year.  So far this year there have been 132 closed sales while there were only 77 sales to date in 2009.  By the same token, pending contracts are up also with 38 homes in contract. The breakdown is as follows:

Pending Contracts
Over 3 million      6
Over 2 million      8
Over 1.5 million   7
Over 1 million     11
Under 1 million    6

The Real Estalker: Let's Talk About Huguette Clark

The Real Estalker: Let's Talk About Huguette Clark: "There has been much brouhaha and ballyhoo in the press in the last couple of days and months regarding a wealthy and reclusive old woman nam..."

6 Month Market Roundup

6 Month Market Update-A Closer Look

As a follow-up to our prior post on quarterly housing numbers, let's also take a look at how the market has fared for the first half of the year. The chart below will illustrate some tremendous gains in key market indicators between the first 6 months of 2010 vs. the first 6 months of 2009:

A look at the Northeast - 1st 6 Months 2010 compared to 1st 6 Months 2009:

Click on the title to read more: