Sales of single-family homes in New Canaan increased 19% in March compared to the year-ago month, new data show. The rise—from 21 to 25 total sales—was driven mainly by the $2 million to $3 million range, according to data released by the New Canaan Board of Realtors. Here’s a snapshot of sales activity:
The median sales price also rose 57% year-over-year for the month, the data show. Year-to-date, the median sales price is up 33%, from $1,175,000 to $1,567,500, according to the Board’s data. Far fewer homes are on the market.