New Canaan, CT
Housing market overview · Updated weekly
$1.51Mmedian sale price
Homes sold
6
Last 12 weeks
Days on market
20
Fast-moving
Active listings
16
2.7 months supply
Sale-to-list
111.3%
Above asking
The New Canaan housing market is currently classified as a strong seller's market with a median sale price of $1.51M. Prices have risen 25.6% compared to last year, with homes spending an average of 20 days on market, indicating 2.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
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Frequently asked questions
What is the average home price in New Canaan?
The median home sale price in New Canaan is $1.51M, up 25.6% from last year.
How long do homes stay on market in New Canaan?
Homes typically spend 20 days on market before going under contract.
Is New Canaan a buyer's or seller's market?
With 2.7 months of supply, New Canaan is currently a strong seller's market.
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