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MAY 2022 MARKET REPORT
NEW CANAAN - SINGLE FAMILY
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MAY 2022 |
CHANGE FROM
APR 2022 |
CHANGE FROM
MAY 2021 |
| MEDIAN SALE PRICE |
$1,750,500
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 -32.0% |
-9.3% |
| AVERAGE SALE PRICE |
$1,792,913
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-24.4% |
-14.0% |
| HOMES SOLD |
26
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 116.7% |
-23.5% |
| AVERAGE DAYS ON MARKET |
46
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-28.1% |
-50.0% |
| % OF SALES PRICE |
103.20
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-3.4% |
1.4% |
| HOMES FOR SALE |
65
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38.3% |
-56.7% |
| MONTHS OF INVENTORY |
2.50
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-36.2% |
-43.3% |
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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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TEN-YEAR MARKET HISTORY
NEW CANAAN - SINGLE FAMILY
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* 2022 year-to-date Units and Median Price are through 05/31/2022
For 2022, units on Full-Year Line Graph are annualized based on actual sales year-to-date
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2013 |
2014 |
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
| 277 |
250 |
251 |
194 |
255 |
217 |
247 |
389 |
431 |
298 |
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 33% |
 10% |
0% |
23% |
31% |
15% |
14% |
57% |
11% |
31% |
| $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 |
$1,812,500 |
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8%
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17%
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9%
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5%
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2%
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9%
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7%
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13%
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22%
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6%
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Data Source: SMRT, Property Type: Single Family. Information believed to be accurate but not warranted.
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