New Canaan Connecticut Real Estate Market Trends - June 2012

By
Real Estate Agent with William Raveis Real Estate RES.0772823

New Canaan CT Market Trends January 2012

 

NEW CANAAN

Market Trends Report

June 2012

 

New Canaan Real Estate Market Trends May 2012

The New Canaan, Connecticut real estate market enjoyed a good, but not great Spring market. The 3 month trend shows that all indicators are showing signs of a more balanced market.  The number of sales and sale prices are trending upward as is the Average List to Sales Price ratio.   Average Days on Market has decreased.

The amount of inventory that the market can absorb is still very high compared to other Fairfield County towns (of the nine towns we track, only Weston and Easton had slower absorption rates).   We use the 12 month figure to determine inventory absorption, which means that it would take 18.5 months to sell every home currently on the market in New Canaan.

Thinking of buying or selling in New Canaan, Connecticut, call Gail Robinson, REALTOR, at 203-521-0768 for a consultation.

Posted by

 


 

 

 ListingBook     

 

 Active Rain Subscribe to Blog         FaceBook Black Rock CT         Twitter Gail Robinson         Flickr Gail Robinson        ActiveRain Pinterest Icon     ActiveRain YouTube Icon

 

 


 

Ranked in top 7% of agents in Connecticut based on client ratings from Five Star.

 

 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
ActiveRain Community
Location:
Connecticut Fairfield County New Canaan
Tags:
new canaan ct spring market 2012
new canaan ct real estate market trends
new canaan ct real estate market report

Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the lamp to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Rainmaker
806,102

Gail Robinson

REALTOR, GRI, e-PRO, Fairfield County, CT
Let Me Help You With Your Real Estate Needs
*
*
*
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the house to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Additional Information