Thursday, May 22, 2008

HAPPY MEMORIAL DAY






Have a wonderful weekend.

New Canaan Memorial Day Parade starts at 9:30AM, Monday May 26






OPEN HOUSE SUNDAY MAY 25 1-4PM




47 SHAGBARK DRIVE
Visit www.newcanaanresidence.com
















Tuesday, May 20, 2008

What is really happening in the New Canaan Real Estate market.


In analyzing the sales statistics for the year to date, it is no surprise that New Canaan’s numbers are not as stellar as they were in past years. The number of residential sales so far this year add up to 52 closings. Compared to the past years, this is the tally:

2008 - 52 closings
2007 - 86 closings
2006 – 81 closings
2005 – 97 closings
2004 – 112 closings

Clearly, the number of transactions are significantly lower than one year ago and more than 50% lower than 4 years ago in the year 2004. However, the average sales price to date this year remains at the lofty level of $2,444,716 and the median price tops out at $2,025,000. While these numbers reflect the solid base of New Canaan real estate values, it is important not to paint a false picture. Homes that are priced well are the homes that have sold. Even though the average price to date this year is at a record level, it reflects transactions of homes that would have sold at much higher levels in the several years past. Crucial to selling your home in the current marketplace is pricing. In New Canaan, every home will sell, but only at the right price and the right price is a delicate balance of value, location and condition.

Sunday, May 18, 2008

New Canaan Real Estate Activity May 12, 2008 through May 18, 2008 (Single Family Residential Only)


New Listings

30 Summer St $695,000
115 River St $699,000
82 Lakewind Rd $1,225,000
868 Silvermine Rd $1,390,000
185 Silvermine Rd $1,395,000
143 Old Stamford Rd $1,425,000
89 South Bald Hill Rd $1,995,000
68 Running Brook La $2,199,000
81 Ramhorne Rd $2,950,000
52 Parade Hill La $2,995,000
284 Hawks Hill Rd $3,249,000
198 Bridle Path La $6,200,000

Pending Contracts

366 Ponus Ridge Rd $1,189,000
39 Grace St $1,250,000
571 Cheesespring Rd $1,295,000
34 Brookwood La $1,399,000
109 Beech Rd $1,544,250
499 Country Club Rd W $1,595,000
29 Myanos Rd $1,890,225
82 Canoe Hill Rd $3,095,000
362 South Ave $4,695,000

Monday, May 12, 2008

HUGE PRICE REDUCTION AND OPEN HOUSE SUNDAY MAY 18, 1-3PM HOYT FARMS NEW CANAAN

JUST REDUCED TO $1,499,000. TREMENDOUS VALUE IN HOYT FARMS
5,000 SQ FT ON TWO ACRES IN TERRIFIC LOCATION. NEW KITCHEN, NEW BATHS AND MUCH MORE.














































New Canaan Real Estate Activity May 5, 2008 through May 11, 2008 (Single Family Residential Only)




New Listings

72 Gerdes La $995,000
8 Evergreen Rd $1,169,000
37 Fox Run Rd $1,299,000
254 South Av $1,600,000
18 Lantern Ridge Rd $1,849,000
62 Marshall Ridge Rd $2,795,000
96 Louises La $3,695,000
267 Cedar La $3,895,000
1343 Smith Ridge Rd $3,995,000

Pending Contracts

32 Colonial Rd $1,295,000
113 Little Brook Rd $1,349,000
35 Thayer Pond $1,395,000
408 South Av $1,695,000
95 Colonial Rd $1,795,000
32 Old Studio Rd $1,839,000
88 Fieldcrest Rd $2,395,000
113 Oenoke La $2,795,000

Homes Sold

17 Fieldcrest Rd $1,037,500
199 West Hills Rd $1,645,000
449 Valley Rd $1,945,000
70 Welles La $3,210,000
565 Oenoke Ridge Rd $4,100,000

Sunday, May 4, 2008

New Canaan Real Estate Activity April 28, 2008 through May 4, 2008 (Single Family Residential Only)


New Listings

834 Valley Rd $1,169,000
26 Drummond La $1,215,000
571 Cheesespring Rd $1,295,000
44 Hickok Rd $1,299,000
35 Thayer Pond Rd $1,375,000
401 Cedar La $1,649,000
1137 Smith Ridge Rd $2,499,000
75 Louises La $2,725,000
82 Canoe Hill Rd $3,095,000
264 Hawks Hill Rd $3,100,000
605 Ponus Ridge Rd $3,350,000
161 Dans Highway $4,899,000
46 Ludlowe Rd $4,995,000


Pending Contracts

412 Main St $689,000
85 Douglas Rd $1,115,000
39 Grace St $1,250,000
277 Country Club Rd $1,549,000

Homes Sold

50 St. Johns Place $1,850,000
42 Mariomi Rd $2,125,000
102 Valley Rd $2,525,000
9 Rippowam Rd $4,875,000

Friday, May 2, 2008

OPEN HOUSE SUNDAY MAY 4, 2008 1-4PM


47 SHAGBARK DRIVE

FABULOUS NEW COLONIAL
7600+ SQ FT
4 FINISHED LEVELS
SOUTH OF THE Y NEIGHBORHOOD
$2,695,000

Sunday, April 27, 2008

New Canaan Real Estate Activity April 21, 2008 through April 27, 2008 (Single Family Residential Only)



New Listings

100 Old Kings Highway $839,000
21 Glen Dr $1,019,000
109 Beech La $1,544,250
95 Colonial Rd $1,795,000
170 Weed St $2,199,000
718 Silvermine Rd $2,250,000
585 Silvermine Rd $2,795,000
Devonwood La $3,900,000
1446 Ponus Ridge Rd $4,195,000
43 Soundview La $4,275,000
68 Woods End Rd $6,795,000

Pending Contracts

85 Douglas Rd $1,115,000
233 Mill Rd $ 1,525,000
131 Soundview La $2,200,000
565 Oenoke Ridge $4,600,000
515 Carter St $5,195,000

Homes Sold

45 Nursery Rd $945,000
4 Dogwood La $2,575,000

Wednesday, April 23, 2008

NEW LISTING CLASSIC NEW CONSTRUCTION 7600 SQ FT OF LIVING SPACE
OPEN HOUSE SUNDAY APRIL 27, 2008 1-4PM
47 SHAGBARK LANE, NEW CANAAN









Monday, April 21, 2008

New Canaan Real Estate Activity April 14, 2008 through April 20, 2008 (Single Family Residential Only)


New Listings

146 Forest St $820,000 (relisted)
40 Deep Valley Rd $1,035,000 (relisted)
469 Old Stamford Rd $1,125,000
1668 Ponus Ridge Rd $1,395,000
163 Skyview La $1,575,000
408 South Ave $1,695,000
114 Rocky Brook Rd $1,795,000 (relisted)
257 Marvin Ridge Rd $1,825,000 (relisted)
24 Twin Pond Rd $2,195,000
503 Silvermine Rd $3,295,000
215 Springwater La $3,395,000
64 Wydendown La $7,795,000 (relisted)
687 Smith Ridge Rd $11,200,000 (relisted)

Pending Contracts

115 Weed St $1,325,000
129 Weed St $1,895,000

Homes Sold

377 Ponus Ridge Rd $2,237,500
313 Elm St $2,775,000
560 Ponus Ridge $5,950,000