FALLS VILLAGE — By the end of summer only four sales were recorded in Canaan/Falls Village in August and September — half the number of the previous two months. Falls Village is a small market with only 15 sales per year recently — down significantly from the two plus homes a month during 2021. Although median home prices reached a high of $721,000 in December 2023, the current 12 month median is $675,000 and headed upward. All four property transfers recorded in August and September were sold by non-Canaan residents.
As of Oct. 23 there were six residential properties for sale all listed above $600,000, plus four parcels of land, and the Falls Village post office with one furnished seasonal rental.
Transactions
166 Rod Road — 3 bedroom/3 bath home sold by Margaret Rice to Thomas G. Watson for $860,000.
77 Belden St. — 4 bedroom/3 bath home on 3.17 acres sold by Joel Harper Nash to Elizabeth Inman Monsen on Aug. 6 for $1,495,000.
161 Belden St. — 2 bedroom/2 bath ranch on 44.21 acres with a riding arena, stable and barns sold by Stephanie Chego Janis to Robert Jeremey Noiseux Jr. in a private sale recorded on Aug. 7 for $1.26 million.
55 Beebe Hill Road — 3 bedroom/1.5 bath sold by Thomas Phillip Watkins to Barbara Lobdell on Sept. 30 for $749,000.
* Town of Canaan real estate transfers recorded as sold between Aug. 1, 2024, and Sept. 30, 2024, provided by the Canaan Town Clerk. Transfers without consideration are not included. Current market listings from Smart MLS. Compiled by Christine Bates, Real Estate Salesperson with William Pitt Sotheby’s International Realty, Licensed in CT and NY.
