Sought after location..SOLD!!!

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The timeless tradition of this sun filled 5 bedroom center hall colonial offers wonderfully fluid and functional living space inside and out. Approximately 1,100 of additional square footage is found in the finished lower level encompassing a bedroom, full bath, a generous playroom and a study/office with fireplace which access a lovely stone patio and sitting deck. A gentle and elegant home nestled on 1 acre with generous lawn and lovely landscaping is an easy stroll to the village and the playground, tennis courts and other amenities of Mead Park. If you missed this one please email me for homes like it.
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New Canaan Homes for Sale in this Price Range

 

So how’s the New Canaan real estate market now?

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Lurking within the halls of the state governing bodies was the insane piece of legislation that proposed a conveyance tax on the home buyer. This just in from the Connecticut Association of Realtors, Inc:
“Senate Bill 1019, was killed in the State Senate. This bill would have resulted in ANOTHER increase in real estate conveyance taxes – this time on homebuyers! This is good news for consumers and the housing market. Thanks to all who helped protect CT home buyers! We appreciate the Senate not making it harder to buy a home in Connecticut.” Despite a painful and fragile real estate recovery government officials actually thought an additional tax would help matters? Government officials did however raise the existing real estate conveyance tax that home sellers are required to pay.
The New Canaan market continued to churn, albeit a little slower than during our active spring market….holiday weekend, graduations, weddings and summer activities have curtailed some of the momentum. Currently there are 252 homes on the market with 43 pending transactions waiting to close.
[image title=”weekly update 6.10.2011″ size=”large” id=”1168″ align=”none” linkto=”viewer” ]
[image title=”weekly update 6.3.2011″ size=”large” id=”1171″ align=”none” linkto=”viewer” ]