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New Canaan, CT Real Estate & Property Data

New Canaan Real Estate Market Trends

Last Updated: April 16, 2024

Accurate and comprehensive real estate data is critical for insight into New Canaan, CT. ATTOM’s New Canaan real estate data is updated daily, and current market trends show that in New Canaan, CT a total of 311 residential properties have sold over the past year. With a median home price of $2,525,000 in New Canaan and a total of 2 foreclosures. Get detailed property data for New Canaan, CT instantly. ATTOM is your one-stop-shop for the New Canaan property reports and real estate data you need in New Canaan, CT.

New Canaan Real Estate Market Trends

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Total Residential Properties 6,550

Total Commercial Properties 352

Avg. Home Age (Single Family Home) 54 Years

Avg. Square Feet (Single Family Home) 3,538

Total 2024 Residential Sales (year-to-date) 23

% of Homes Seriously Underwater (Q2 2024) 0.33%

Total 2023 Residential Sales 298

% of Equity Rich Homes (Q2 2024) 30.21%

Effective 2023 Property Tax 0.97%

Total Foreclosure Filings (year-to-date) 3

New Canaan, CT Real Estate Overview

There were 311 residential properties sold in the past year in New Canaan, CT. The median home value in New Canaan, CT is $1,607,750. There are a total of 6,550 residential properties in the New Canaan.

Median Sales Price i

$2,525,000

(Feb 2024)

+46%

year-over-year

y-o-y

February '24 Feb '24 $2,525,000
January '24 Jan '24 $1,500,000
December '23 Dec '23 $1,500,000
November '23 Nov '23 $2,007,000
October '23 Oct '23 $1,525,000
September '23 Sep '23 $1,787,500
August '23 Aug '23 $2,405,000
July '23 Jul '23 $1,860,000
June '23 Jun '23 $1,975,000
May '23 May '23 $1,902,500
April '23 Apr '23 $1,649,000
March '23 Mar '23 $1,890,000

Median Down Payment i

$650,000

(Feb 2024)

+149%

year-over-year

y-o-y

February '24 Feb '24 $650,000
January '24 Jan '24 $424,500
December '23 Dec '23 $337,500
November '23 Nov '23 $529,205
October '23 Oct '23 $464,375
September '23 Sep '23 $533,750
August '23 Aug '23 $899,000
July '23 Jul '23 $446,875
June '23 Jun '23 $577,408
May '23 May '23 $497,500
April '23 Apr '23 $415,000
March '23 Mar '23 $489,000

Number of Homes Sold i

7

(Feb 2024)

-30%

year-over-year

y-o-y

February '24 Feb '24 7
January '24 Jan '24 16
December '23 Dec '23 19
November '23 Nov '23 23
October '23 Oct '23 31
September '23 Sep '23 19
August '23 Aug '23 36
July '23 Jul '23 41
June '23 Jun '23 31
May '23 May '23 30
April '23 Apr '23 26
March '23 Mar '23 22

Number of Purchase Loans i

6

(Feb 2024)

+50%

year-over-year

y-o-y

February '24 Feb '24 6
January '24 Jan '24 9
December '23 Dec '23 8
November '23 Nov '23 12
October '23 Oct '23 20
September '23 Sep '23 9
August '23 Aug '23 20
July '23 Jul '23 32
June '23 Jun '23 21
May '23 May '23 18
April '23 Apr '23 16
March '23 Mar '23 11

Number of REFI Loans i

16

(Feb 2024)

+23.1%

year-over-year

y-o-y

February '24 Feb '24 16
January '24 Jan '24 9
December '23 Dec '23 18
November '23 Nov '23 15
October '23 Oct '23 17
September '23 Sep '23 17
August '23 Aug '23 18
July '23 Jul '23 14
June '23 Jun '23 14
May '23 May '23 26
April '23 Apr '23 20
March '23 Mar '23 17

Number of HELOC Loans i

2

(Feb 2024)

February '24 Feb '24 2
January '24 Jan '24 1
December '23 Dec '23 1
November '23 Nov '23 2
October '23 Oct '23 1
September '23 Sep '23 N/A
August '23 Aug '23 N/A
July '23 Jul '23 5
June '23 Jun '23 N/A
May '23 May '23 N/A
April '23 Apr '23 N/A
March '23 Mar '23 N/A

New Canaan, CT Real Estate Market Overview

Last 30 days

Zip
Median Est. Value

06840
$1,607,750 $454.37/sqft

New Canaan, CT Foreclosure Activity

There were a total of 2 New Canaan, CT properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

2

(Feb 2024)

February '24 Feb '24 2
January '24 Jan '24 1
December '23 Dec '23 1
November '23 Nov '23 2
October '23 Oct '23 2
September '23 Sep '23 1
August '23 Aug '23 N/A
July '23 Jul '23 N/A
June '23 Jun '23 N/A
May '23 May '23 2
April '23 Apr '23 1
March '23 Mar '23 1

Foreclosure Starts i

2

(Feb 2024)

February '24 Feb '24 2
January '24 Jan '24 1
December '23 Dec '23 1
November '23 Nov '23 2
October '23 Oct '23 2
September '23 Sep '23 N/A
August '23 Aug '23 N/A
July '23 Jul '23 N/A
June '23 Jun '23 N/A
May '23 May '23 2
April '23 Apr '23 1
March '23 Mar '23 1

Completed Foreclosures (REOs) i

February '24 Feb '24 N/A
January '24 Jan '24 N/A
December '23 Dec '23 N/A
November '23 Nov '23 N/A
October '23 Oct '23 N/A
September '23 Sep '23 N/A
August '23 Aug '23 N/A
July '23 Jul '23 N/A
June '23 Jun '23 1
May '23 May '23 N/A
April '23 Apr '23 N/A
March '23 Mar '23 1

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