Week 23: January Report: New Canaan, Westport, Wilton and Darien. John Engel’s Real Estate Column for the New Canaan Sentinel

Days on Market in New Canaan has ranged from 83 to 100 during the Obama administration, 2013 to 2016, and then from 87 to 120 during the Trump administration, 2016 to 2020. During Biden’s time in office Days on Market has consistently fallen from a high of 120 in Sept 2019 to 26 days on market today. The prediction is that the next election will have absolutely no effect on median Days on Market regardless of who wins.