NEW CANAAN - SINGLE FAMILY
OCTOBER 2022 MARKET REPORT

NEW CANAAN - SINGLE FAMILY

OCT 2022 CHANGE FROM
SEP 2022
CHANGE FROM
OCT 2021
MEDIAN SALE PRICE $1,725,000   27.8%  11.7%
AVERAGE SALE PRICE $1,997,222   1.7%  7.3%
HOMES SOLD 18   -5.3%  -21.7%
AVERAGE DAYS ON MARKET 64   25.5%  23.1%
% OF SALES PRICE 100.08   -2.7%  1.2%
HOMES FOR SALE 74   -3.9%  0.0%
MONTHS OF INVENTORY 4.11   1.4%  27.8%

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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* 2022 year-to-date Units and Median Price are through 10/31/2022

For 2022, units on Full-Year Line Graph are annualized based on actual sales year-to-date

2013 2014 2015 2016 2017 2018 2019 2020 2021 2022
HOMES SOLD 277 250 251 194 255 217 247 389 431 270
33% 10% 0% 23% 31% 15% 14% 57% 11% 37%
MEDIAN
PRICE
$1,425,000 $1,662,500 $1,517,500 $1,447,500 $1,475,000 $1,341,500 $1,242,500 $1,399,000 $1,712,500 $1,900,000
8% 17% 9% 5% 2% 9% 7% 13% 22% 11%
Data Source: SMRT, Property Type: Single Family. Information believed to be accurate but not warranted.
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