New Canaan, CT Housing Market & Real Estate

Strong seller's market+25.6% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in New Canaan, CT is $1.51M, up 25.6% year-over-year. Homes sell in an average of 20 days with 16 active listings. The market is currently a strong seller's market.

$1.51Mmedian sale price

Is New Canaan a buyer's or seller's market?

Strong seller's market2.7 months of supply20 avg. days on market

New Canaan, CT is currently a strong seller's market, based on 2.7 months of supply and homes selling in about 20 days. How we determine this →

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

New Canaan, CT market data

Current housing market statistics for New Canaan, CT
MetricValue
Median sale price$1.51M
Median list price$1.70M
Year-over-year price change+25.6%
Average days on market20 days
Active inventory16 listings
Months of supply2.7 months
Sale-to-list price ratio111.3%
Market conditionStrong seller's market

Source: Redfin · Updated weekly

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

Homes for sale in New Canaan

There are currently 16 homes listed for sale in New Canaan, Connecticut. The median listing price is $1.7M.

Active listings

16

Homes on market

Median list price

$1.7M

Avg. days on market

20

Days until sale

New this week

9

Newly listed

Sale-to-list:111.3%

Top public schools in New Canaan

5 schools tracked · 4,094 students

The largest public schools serving New Canaan, CT by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Saxe Middle School

Grades 5-8 · 1,261 students

Public

New Canaan High School

Grades 8-12 · 1,257 students

Public

East School

Grades K-4 · 570 students

Public

South School

Grades K-4 · 507 students

Public

West School

Grades PK-4 · 499 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

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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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