Second Quarter New Canaan Results are in

Well, in spite of the latest weak job and economic reports, the following hard data supports the New Canaan Real Estate market improving.  After the first half of 2011, there is a distinct increase in average price, number of sales and sales volume over the first half of 2010.

The number of sales increased to 136 vs 116 for the first half of the year, a 17% increase.
Total volume increased to $255,314,365 from $183,758,650, a 38% increase.
Average selling price increased to $1,877,311 from $1,597,857 a 17% increase.
Days on the market decreased to 181 from 238, a 23% decrease.

We will be watching this positive trend and see if it continues.  Meanwhile.............................

                        34 Wardwell Drive, New Canaan,  Closing Today

My other June closings............

84 Stonehenge Closed at $1,950,000

58 Lakeview, Closed at $800,000

21 Shady Knoll, Closed at $1,650,000

2 Oakwood Lane, Westport  Closed at $950,000

383 Greenley Road, Closed at $1,975,000

314 Birch Road Fairfield, Closed at $1,475,000