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Fewer sales, higher prices in Salisbury

Fewer sales, higher prices in Salisbury

Situated on 1.8 acres this almost 2,000 square foot house on Horseshoe Lane built in 1960 was the least expensive property recorded in November at $625,000. According to MLS records the property was offered for sale at $974,500 in April.

Christine Bates

SALISBURY — There were only four recorded sales of single-family properties in Salisbury in the month of November with only one home closing above a million dollars. The 12-month average median price in November 2024 was $912,500 compared to three years ago in November 2021 when it was $715,000. This increase of 28% is in line with price appreciation in all of Litchfield County in the last three years. During this same period the number of units sold annually has dropped from 89 to 46. Currently there are 15 residences for sale in Salisbury with only four under a million dollars. In contrast there are 17 rentals — 12 furnished seasonal rentals and five unfurnished homes at $3,500 or less.

Transactions

42 Horseshoe Lane — 3 bedroom/2.5 bath home built in 1960 sold by Estate of Dolores Carlson to McBride Builders LLC for $625,000.

40 Canterbury Lane — 4 bedroom/3 bath modern home sold by Naomi Goldstein to Vivian Kimmelman for $1.27 million.

84 Bunker Hill Road — 4 bedroom/4.5 bath home on 8.58 acres sold by Estate of Stephany Warick Haines to Gregory and Dina Meindl for $950,000.

48 Covered Bridge Road — 4 bedroom/2 bath house on 2.15 acres sold by Susan Ward Spring to Brendan Seamus and Lauren Mann Cranna for $725,000.

* Town of Salisbury real estate transfers recorded as sold between Nov. 1 and Nov. 30, 2024, provided by the Salisbury Town Clerk. Transfers without consideration are not included. Current market data courtesy of Smart MLS and InfoSparks. Compiled by Christine Bates, Real Estate Salesperson with William Pitt Sotheby’s International Realty, Licensed in Connecticut and New York.

Christine Bates

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