Homes For Sale New Canaan CT 06840 - Real Estate Market Report Update October 2014
New Canaan CT Real Estate
New Canaan CT is a beautiful and quaint Fairfield County town located along the border of New York.
New Canaan is unique in the design of the center of the town along with the ease of access to two train stations (New Canaan and Talmadge Hill Stations) that link to the larger Metro North New Haven line. New Canaan Ct was incorporated in 1801 and according to the 2010 has a population of 19,700.
The neighborhoods of New Canaan include, New Canaan Center, Talmidge Hill, Ponus Ridge, Smith Ridge, Pinney's Corners and a part of Silvermine which is shared with Wilton CT. The Silvermine area of New Canaan has a wonderful arts center with galleries to browse with your family and friends, a guild of artists for enthusiasts, schools of art and outreach and many special events. The Silvermine Arts Center is located at 1037 Silvermine Rd in New Canaan CT.
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New Canaan Real Estate Market Report Update October 2014
Here we can take a good look at how over the past year New Canaan homes for sale and New Canaan real estate has performed. To do this we took a look at a few ways to how well houses sell, how fast they sell and what they sell for.
First lets take a look at what price on average New Canaan homes for sale are sold for.
This is a graph showing you the average prices for homes sold in New Canaan CT over the past year (October 2013 to September 2014 )
- The average price for homes sold in October of last year was roughly $1,539,600
- The average price for homes sold last month in September 2014 was roughly $1,111,000
Now let's take a look at the number of New Canaan homes actually sold over the past year.
The graph above is showing you the number of homes that have been sold in New Canaan CT over the past year (October 2013 to September 2014)
- 309 homes were sold in New Canaan CT over the past year
Lastly, we know how much and how frequently New Canaan homes sell, now lets see how long on average it takes for those homes to sell and see if you are choosing the right Realtor to represent your home and the experience it has to offer.
The graph above is showing you the average cumulative days on market for homes sold in New Canaan CT. Essentially what the average CDOM is the number of days a home in New Canaan was on market.
- On average the CDOM for homes sold in New Canaan in October last year was roughly 270 days
- As of last month in September the average CDOM improved to 159 days roughly.
If you are interested in selling your home in New Canaan CT or Interested in searching for a home make sure to work with a knowledgeable Realtor who will negotiate your home at the right price. Dagny's Real Estate .
Content created by Dagny Eason of Dagny's Real Estate.
Searching for a knowledgeable Realtor, please contact Dagny Eason of Dagny's Real Estate.
Call 203-858-4853
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