June 7, 2025
The New Canaan real estate market continued its strong performance in May 2025, with notable shifts that homeowners and potential sellers should be aware of.
Key Highlights:
Despite a slight dip in the number of closed sales, home values in New Canaan surged, with the median price climbing to $3 million—up nearly 50% year-over-year. Properties are commanding more than their asking prices, confirming the strength of buyer demand in the luxury segment.
However, homes are taking longer to sell, highlighting the need for professional pricing, positioning, and negotiation strategies.
If you're a homeowner considering selling, this is a rare opportunity to capitalize on record-breaking valuations.
Call today (475) 245-4205 Eric Radecki
Register free home valuation ColdwellBankerLuxuryHome.com
Eric Radecki is a Licensed Real Estate Salesperson in Connecticut and New York affiliated with Coldwell Banker Realty LLC
Coldwell Banker 170 Main Street New Canaan, CT 06840
Data provided by SmartMLS
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Eric can assist you with determining property value, crafting a competitive offer, writing and negotiating contracts, and more. Contact him today to get started.