Some market news about pending New Canaan Sales

I have been surprised this year regarding the pending activity of homes for sale (those homes with contracts or accepted offers).
Homes in the 3-4 million dollar range are seeing the biggest slowdown in both showing activity and accepted offers. There are 46 homes available in that bracket as of today and only another 6 are in contract. That price range is hit the hardest. From 4-5 million, there are 20 homes for sale and another 4 are pending and only 1 pending over 5 million with 22 on the market.
The price bracket seeing the most activity is the 1 million to 1.5 million range. There are 52 active homes on the market and another 27 are pending. Definitely the most active range in New Canaan.

Raveis Real Estate Page updated: June 8, 2015 @ 7:57 am | © 2018 Denise Gannalo, Realtor Licensed in the State of Connecticut
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