Gower Road Colonial Sells for $2 Million

The following property transfers also were recorded last week in the Town Clerk’s office. For more information about each property from the assessor, click on the street address. To get the history of a New Canaan street name, click here. ***

Oct. 17

153 Proprietors Crossing

$1,750,000
Betsy Berger to Sebastian Lenze

Oct.

Jelliff Mill Road Colonial Sells for $1,250,000

The following property transfers also were recorded last week in the Town Clerk’s office. For more information about each property from the assessor, click on the street address. To get the history of a New Canaan street name, click here. ***

Oct. 10

68 Indian Waters Drive

$882,000
Bette Chachkes to Howard Crisp

165 Jelliff Mill Road

$1,250,000
Walter Stearns to VInay Jha

Oct.

‘A $500 Fine Is Ridiculous’: Town Officials Eye Stiffer Penalties for Unpermitted Demolitions

In the wake of a widely discussed unpermitted demolition on White Oak Shade Road, members of New Canaan’s legislative body say they’re looking to go beyond the rather soft penalties dictated by state law for such actions. The owners of a rare pre-American Revolutionary War-era house at 251 White Oak Shade Road faced only a $500 fine after removing the top half of the home in February without authorization to do so—less than they would have paid in fees for a legal demolition permit. 

Last week, the co-chair of a Town Council committee that oversees ordinances in New Canaan said it’s important to “figure out how to not have that happen again.”

“Here is somebody that went in and tore off half of a house without any kind of notice or permit—and that was an antique house, it was built in the 1700s,” Steve Karl said at a meeting of the Council’s Bylaws and Ordinances Committee, held Oct. 1 at Town Hall. “They did something really, really bad and a $500 fine is ridiculous,” Karl said. “There has to be something more than that, when you do something that egregious.

Data: New Canaan Home Sales Slowed in September

Sales of single-family homes in New Canaan declined by more than 50 percent year-over-year in September, according to new data. The month saw a 56 percent drop to 11 homes sold versus 25 in 2017, and the median price also fell 16 percent, from $1.6 million to $1,350,000, according to the New Canaan Board of Realtors. “There is a lot of uncertainty in the market,” said Janis Hennessy, president of the New Canaan Board of Realtors and MLS. “We have seen peaks and valleys throughout the year, just like other Fairfield County towns.”

In September, no New Canaan homes sold for up to $1 million, whereas seven sold in that range one year ago. 

Here’s a look at the numbers:

 

In a small sample size, sales of condominiums also saw a year-over-year decline, from three in September 2017 to just one last month, according to the data. 

Year-to-date, the median sale price of single-family homes in New Canaan has declined from $1.5 million to $1.4 million, according to the Board of Realtors. Inventory was about the same in September this year, with 317 single-family homes on the market compared to 312 in 2017.