Wednesday, December 1, 2010

Some New Canaan Market Stats


I was checking a few things and I noted some points regarding a slight pickup in the market.
The median sales price for homes in New Canaan for Aug 10 to Oct 10 was $1,408,750. This represents an increase of 4.4%, or $58,750, compared to the prior quarter and an increase of 34.2% compared to the prior year. Sales prices have depreciated 2.8% over the last 5 years in 06840, New Canaan.
Average listing price for homes in New Canaan was $2,365,529 for the week ending Nov 24, which represents an increase of 2.2%, or $50,563 compared to the prior week and an increase of 1.9%, or $43,667, compared to the week ending Nov 03. Average price per square foot for homes in 06840 was $460 in the most recent quarter.






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