June 8, 2026 (Greenwich, CT) - The Greenwich Association of REALTORS® announces the statistics for home sales for the month of May 2026 according to figures provided by the Greenwich Multiple Listing Service, Inc. The Greenwich MLS and greenwich.realestate is the most accurate and comprehensive resource of active inventory and property listing data across all five zip codes of the Town of Greenwich. Single-Family Home Sales  There were 50 single-family residential closings reported across all areas of Greenwich during the month of May 2026. This figure decreased 15.25%, compared to May 2025 when there were 59 closings. The Median Sale Price for a single-family home increased 16.67% to $3,150,000 from the median sales price in May 2025, which was $2,700,000. The average Days On Market (DOM) for residential homes was 69 days; which was a 23.21% increase from 56 days in May 2025. There were 77 new single-family listings brought to the market in May 2026, which is a 10.47% decrease in New Listings when compared to May 2025 when there were 86. At month-end, Active single-family inventory totaled 114 units, which is a 36.3% decrease from May 2025 when there were 179 units available. Condominium and Co-op Sales There were 11 condo/co-op residential closings reported across all areas of Greenwich during the month of May 2026. This figure decreased 35.29%, compared to May 2025 when there were 17 closings. The Median Sale Price for a condo/co-op increased 32.91% to $1,050,000 from the median sales price in May 2025, which was $790,000. The average Days On Market (DOM) for condo/co-op residential homes was 27, which was a 55% decrease from 60 days in May 2025. There were 21 new condo/co-op units brought to the market in May 2026, which is an increase of 10.53%, compared to May 2025 when there were 19. At month-end, Active condo/co-op inventory totaled 32 units, which is a 27.3% decrease from May 2025 when there were 44 units available. For the latest data and detailed breakdowns, click here to view the full market statistics reports. "May 2026 data highlights a market defined by continued price growth and tightening inventory," stated Brian Amen, GAR 2026 President. "With single-family median prices rising 16.67% and condo/co-op prices jumping 32.91%, buyer competition remains strong despite a reduction in sales volume. This demand continues to limit available housing stock, necessitating a proactive and swift approach from buyers in the current environment."

Interview with State Representative Tina Courpas