Homes For Sale New Canaan CT 06840- Real Estate Market Report Oct 2014

By
Real Estate Broker/Owner with Dagny's Real Estate

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.

Elm Street in New Canaan, CT 06840

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.

Lutheran Church on God's Acre in New Canaan, CT 06840

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.

Silvermine Arts Center in New Canaan, CT 06840

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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

Homes For Sale New Canaan CT 06840

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Real Estate Market Trends
Location:
Connecticut Fairfield County New Canaan
Tags:
new canaan ct
06840
market trends for homes for sale
oct 2014

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Rainer
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Suzanne De Vita
RISMedia
Online Associate Editor

As someone who used to work in the Silvermine area, I can't say enough good things about New Canaan. Terrific snapshot of the town, Dagny. Well done!

Nov 02, 2014 10:49 PM #1
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Sharon Paxson
Compass - Newport Beach, CA
Newport Beach Real Estate

Hi Dagny - New Canaan CT inFairfield County looks like a beautiful area, and you have done a great job describing it along with the photos and the graphs with price infor and DOM. Happy Monday!

Nov 03, 2014 02:19 AM #2
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Hannah Williams
Re/Max Eastern inc. - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-953-8818

Dagny Eason Wonderful report on New Canaan Your reports show that you are the agent to call when buyers or sellers are thinking of making a move . You are the area expert the GO TO AGENT in NEW CANAAN CT 06840  

Nov 03, 2014 04:12 AM #3
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Dagny Eason - hope the first two graphs are just seasonal impact - because DOM is also going down, which will keep it balanced or still good for sellers.

Nov 03, 2014 08:29 AM #4
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Jim Crawford
Maximum One Executive REALTORS® - Atlanta, GA
Jim Crawford Atlanta Best Listing Agents & REALTOR

Dagny Eason 

Thank you for sharing these real estate market stats!

This information is most beneficial to buyers and sellers alike!

Have a great week ahead!

Nov 03, 2014 10:33 AM #5
Rainer
324,587
Scott Larson
BHHS/Utah Properties - Park City, UT
Park City, Utah Real Estate News

Hi Dagny, great in depth report and love the pictures, really gives your readers  a good sense of the town.

Nov 03, 2014 10:40 AM #6
Rainmaker
51,456
Christi Hacker
Realty ONE Group Sterling - Omaha, NE
Your Omaha Area Real Estate Specialist

Dagny, this a comprehensive report of New Canaan. I'm certain your future clients will appreciate your thoroughness.

Nov 03, 2014 12:52 PM #7
Rainmaker
4,432,826
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

You always provide good information about your real estate market. Home buyers and sellers in your area should call you to be their agent.

Nov 03, 2014 07:38 PM #8
Rainmaker
4,798,519
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Hi Dagny, thanks for the update and information about New Canaan CT.  I've had the pleasure of having visited New Canaan many times in the past.

Nov 03, 2014 07:49 PM #9
Rainmaker
2,329,851
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning Dagny. Excellent report on the New Canaan real estate market. it is easy to understand and yet lots of detail, well done.

Nov 03, 2014 08:08 PM #10
Rainer
1,756,848
Conrad Allen
Re/Max Professional Associates - Webster, MA
Webster, Ma, Realtor

Hi Dagny.  I can't imagine working in a market with those sales prices.  Breath taking.

Nov 03, 2014 08:33 PM #11
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Dagny Eason

Fairfield County CT, CDPE Homes For Sale and Condo
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