Total Home Sales Down 54% in July While Median Sales Price Rises

A total of 25 single-family homes in New Canaan were sold in July—a figure down 54% from the year-ago month, while the median sales price increased 17%, new data show. The rise in the median sales price, from $1,810,000 to $2,121,000, reflects two homes that sold for $5 million-plus, according to data published by the New Canaan Board of Realtors. “The higher end of the market is up again in both single family homes and condos,” Board President Anne-Lise Brown said in a statement. “I would expect a seasonal slowdown due to August summer holidays. The past year or two were an anomaly and we are returning to a pre-pandemic market with respect to inventory and interest rates.”
Here’s a snapshot of market activity in July:

 
Year-to-date, the median sales price of a single-family home is up 8% year-over-year, from $1,785,500 to $1,933,750, according to the data.

Kimberly Place Cape Sells for $1,865,000

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

July 29

707 West Road

$4.4 million
Gary Holloway, trustee, to 2022 West Road LLC

97 Kimberly Place

$1,865,000
Kristin Jakobsen to Andrew Vanderkerckhove

July 28

312 Elm St. Unit 2

$1.1 million 
Ximena Camus to John Dunn

86 South Ave.

Weed Street Home Sells for $1.4 Million

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

July 21

238 Weed St. $1.4 million
Elizabeth Peters to Maria Dolores Melguizo & Ryan O’Rourk

165 Old Kings Highway

$1,480,000
Joanna Marsh to Bejamin Winter

July 19

42 Forest St.

Ponus Ridge Colonial Sells for $1 Million 

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

July 14

1223 Oenoke Ridge

$2,225,000
Erin Brennan to 1223 Oenoke Ridge LLC

July 13

19 Ponus Ridge

$1 million 
Joseph Wallace to Daniel Orleans

July 12

125A Heritage Hill Road

$430,000
Darcy Jones to John Morgan

58 Knollwood Lane

$1,465,000
Richard Gervase to Daniel Marrone

July 11

431 Valley Road

$3,045,000
Craig Andrew Bloom to Chad McQuay

108 Oak St. $2,850,000
Bjorn Forgang to Adam Sauerteig

White Oak Shade Road Antique Sells for $2.1 Million 

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

July 8

289 New Norwalk Road, Unit 5

$1,011,000
Nancy O. Bowman Declaration of Trust Dated July 1992 to Ahmed Helal

57 Ash Tree Lane

$1,575,000
Andrew Stephen Manguart to Juan Hernandez

164 Ferris Hill Road

$1,491,000
Helen DeBlasi, agent, to Jon Mace

51 White Oak Shade Road (history here)

$2,121,000
David Kammerer to Christopher Baker Jr.

July 6

36 Lukes Wood Road

$3.9 million
William Kennedy to Michael Propst 

921 North Wilton Road

$1,050,000
William Irwin to Deforest Road Developers Inc.

42 Forest st. Unit 4

$2,299,000
42 Forest Street LLC to SCP 2001A-CSF-7 LLC

July 5

15 Church St.