New Listings 20
Price Changes 27
Contracts Pending 6
Total Homes on Market 237
By Category
Under 1 million 38
1 to 1.5 million 38
1.5 to 2 million 28
2 to 2.5 million 21
2.5 to 3 million 21
2.5 to 3 million 28
3 to 4 million 29
4 to 5 million 13
Over 5 million 31
While there are no closed sales to report, there is an increase in the number of pending contracts. Activity at open houses is very brisk as many buyers are coming out to check out the current inventory to see what is new and stay current with the market. The number of homes for sale under one million represents a much larger selection that we have seen in a very long time. For first time buyers, this may be a window of opportunity to purchase a solid home in New Canaan and still be eligible for the federal tax credit of $8000 which does not have to be repaid.
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