Tuesday, January 31, 2012

New Canaan Home Sales: What Sold in 2011?

The median sales price is up 9.4%
The average sales price is up 11.90%

Days on market fell since this time last year, 5.64% average and 7.14% median drop.

And, although not shown on this report, the Absorption rate shows we are down to 12 months of inventory, down from 14.4 months.
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