Sales of single-family homes in New Canaan increased 13% in December, according to new data. The rise from 15 to 17 homes sold year-over-year reflects an increase in the $2 million to $5 million range, according to data released by the New Canaan Board of Realtors. The median sales price also increased 21% in the same period, from about $1.24 million to $1.5 million, the data said. Here’s a snapshot of home sales activity in the month:
Homes had spent an average of 262 days on the market in December, up from 151 days the prior year, according to the Board’s data. Single-family home inventory is down in the same period, from 262 to 199, the data said.