October 7, 2021 (Greenwich, CT) - The Greenwich Association of REALTORS® announces the statistics for home sales in The Town of Greenwich, CT for the month of September 2021.
There were 80 single-family residential closings reported during this period according to figures provided by The Greenwich Multiple Listing Service, Inc., the multiple listing service used by REALTORS® in the Greenwich area.
The number of single-family residential closings decreased compared to September 2020 when there were 118 closings. The median sale price for a single-family home decreased to $2,110,000 from the median sales price in September 2020, which was $2,150,000.
The average days on the market (DOM) for residential homes was 103 days; which was a decrease from 182 days in September 2020.
There were 23 condo/co-op residential closings reported during this time period; which was an increase from September 2020 when there were 19 closings.
The median sale price for a condo/co-op increased to $700,000 from the median sales price in September 2020, which was $595,000.
The average days on the market (DOM) for condo/co-op residential homes was 170; which was a decrease from 227 days in September 2020.
"September 2021 had righty closings with a median sales price of $2,110,000. Greenwich was the sector in town with the most closings, ending September with forty-seven sales. Condo/Co-Op sales had twenty-three closings in September 2021 with a median sales price of $700,000. The Dollar Volume for Single Family homes, September 2021 is $228,023,000. There were forty-three Single Family Price Reductions for September 2021 with a median price change of $264,000. The Dollar Volume for Condo/Co-Op homes, September 2021 is $28,413,475” stated John McAtee, 2021 President of the Greenwich Association of REALTORS®.
Real Estate Radio Report | Stacey Loh, GAR EVP & John McAtee, GAR 2021 President
The Greenwich Association of REALTORS® is the professional board of choice for the real estate industry in Greenwich. Established in 1924, the association provides professional development and services for REALTORS® and represents the concerns and interests of private property and home ownership rights. The association has over 850 members and is headquartered in Greenwich, CT.