NewCanaanite.com (https://newcanaanite.com/category/real-estate-new-canaan/page/82?print=print-search)
New Canaan property transfers, plans for tear-downs and new construction, building permit applications, open houses and new homes on the market.
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. To get the history of a New Canaan street name, click here. ***
Aug. 21
440 Carter St.
The strong local real estate market is driving higher-than-budgeted revenues in one area at Town Hall, officials said Tuesday. The high number of property transfers in New Canaan is translating into conveyance fees for the municipality, town CFO Lunda Asmani told members of the Board of Selectmen during their regular meeting. Through the first two months of this fiscal year (July and August), conveyance fees collected stand at $524,000 compared to $330,000 for the same period last year and $200,000 for 2018, Asmani said. “So it’s almost double what we have seen historically,” he said during the meeting, held via videoconference.
The comments come as real estate professionals report historically low inventory in New Canaan, and an August where the number of single-family homes more than doubled from the year-ago month. Many have attributed the rise in home sales to young New York City families seeking top public schools and less congestion amid the COVID-19 pandemic.
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. To get the history of a New Canaan street name, click here. ***
Aug. 14
96 Long Lots Road
$1,575,000
Bradley Barber to BGRS LLC
860 Silvermine Road
$1,250,000
Keith Weinberg to Lindsay Bridgham
Aug.
Sales of single-family homes in New Canaan more than doubled in August from one year ago, new data show. The increase, from 27 to 57, was due mainly to a 157% increase in the $1 million to $2 million range, according to Multiple Listing Service data compiled by the New Canaan Board of Realtors. The median sales price also increased year-over-year by 2%, from $1,361,500 to $1,336,772, the data show. Here’s a snapshot of the sales activity:
Board President Melissa Rwambuya said in a statement: “Despite the start of the school year when the market typically slows down, demand remains incredibly high with historically low inventory. Open houses are very well attended with many people still looking to move here from New York City.
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. To get the history of a New Canaan street name, click here. ***
Aug. 7
99 White Birch Road
$869,000
Patrick McCauley, trustee, to David Kast
17 Oak Grove Place
$1.2 million
Rick Reissman to Eric Adler
Aug. 6
1277 Smith Ridge Road
$1,220,000
Michael Robinson to Molly Reich
223 Michigan Road
$1,735,000
Linda Britt to Alexandra Frye
Aug.