NEW CANAAN - SINGLE FAMILY
APRIL 2020 MARKET REPORT

NEW CANAAN - SINGLE FAMILY

APR 2020 CHANGE FROM
MAR 2020
CHANGE FROM
APR 2019
MEDIAN SALE PRICE $1,250,000   10.6%  2.9%
AVERAGE SALE PRICE $1,713,096   18.8%  16.6%
HOMES SOLD 24   4.3%  26.3%
AVERAGE DAYS ON MARKET 226   4.1%  22.2%
% OF SALES PRICE 91.71   -4.0%  -0.6%
HOMES FOR SALE 172   -5.5%  -45.7%
MONTHS OF INVENTORY 7.17   -9.4%  -57.0%

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 04/30/2020

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 214 223 279 243 243 184 250 209 226 264
2% 4% 25% 13% 0% 24% 36% 16% 8% 17%
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 $1,250,000
9% 13% 2% 18% 7% 4% 1% 9% 3% 7%
Data Source: NCB, Property Type: Single Family. Information believed to be accurate but not warranted.
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