NEW CANAAN - SINGLE FAMILY
FEBRUARY 2020 MARKET REPORT

NEW CANAAN - SINGLE FAMILY

FEB 2020 CHANGE FROM
JAN 2020
CHANGE FROM
FEB 2019
MEDIAN SALE PRICE $1,288,615   6.2%  14.5%
AVERAGE SALE PRICE $1,294,308   -19.9%  18.3%
HOMES SOLD 4   -71.4%  -55.6%
AVERAGE DAYS ON MARKET 104   -50.0%  -54.8%
% OF SALES PRICE 93.88   2.0%  -0.6%
HOMES FOR SALE 217   17.3%  -15.2%
MONTHS OF INVENTORY 54.25   310.5%  90.7%

HOMES FOR SALE

Number of homes listed for sale, end of month

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HOMES FOR SALE BY PRICE RANGE

Number of homes listed for sale at the end of month

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HOMES SOLD

Number of homes sold

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HOMES SOLD BY PRICE RANGE

Number of homes sold in the previous two years

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DAYS ON MARKET - SOLDS

Average days on market for all homes sold

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MEDIAN SALE PRICE

Price of the "middle" home sold -an equal number of sales were above AND below this price

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NEW CANAAN - SINGLE FAMILY
TEN-YEAR MARKET HISTORY

NEW CANAAN - SINGLE FAMILY

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* 2020 year-to-date Units and Median Price are through 02/29/2020

For 2020, units on Full-Year Line Graph are annualized based on actual sales year-to-date

2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
HOMES SOLD 214 223 279 243 243 184 250 209 226 148
2% 4% 25% 13% 0% 24% 36% 16% 8% 35%
MEDIAN
PRICE
$1,600,000 $1,385,000 $1,415,000 $1,675,000 $1,562,500 $1,497,500 $1,517,500 $1,387,000 $1,342,500 $1,213,500
9% 13% 2% 18% 7% 4% 1% 9% 3% 10%
Data Source: NCB, Property Type: Single Family. Information believed to be accurate but not warranted.
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