September 5, 2025 (Greenwich, CT) - The Greenwich Association of REALTORS® announces the statistics for home sales for the month of August 2025 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 58 single-family residential closings reported across all areas of Greenwich during the month of August 2025. This figure decreased, compared to August 2024 when there were 62 closings.
The Median Sale Price for a single-family home decreased 15.20% to $2,800,518 from the median sales price in August 2024, which was $3,302,500.
The average Days On Market (DOM) for residential homes was 55 days; which was a 44.74% increase from 38 days in August 2024.
There were 26 new single-family listings brought to the market in August 2025, which is a 29.73% decrease in New Listings when compared to August 2024 when there were 37.
At month-end, Active single-family inventory totaled 109 units, which is a 36.6% decrease from August 2024 when there were 172 units available.
Condominium and Co-op Sales
There were 19 condo/co-op residential closings reported across all areas of Greenwich during the month of August 2025. This was a decrease, compared to August 2024 when there were 21 closings.
The Median Sale Price for a condo/co-op decreased 10% to $1,035,000 from the median sales price in August 2024, which was $1,150,000.
The average Days On Market (DOM) for condo/co-op residential homes was 51, which was a 29.17% decrease from 72 days in August 2024.
There were 11 new condo/co-op units brought to the market in August 2025, which is a decrease of 31.25%, compared to August 2024 when there were 16.
At month-end, Active condo/co-op inventory totaled 37 units, which is a 5.7% increase from August 2025 when there were 35 units available.
For the latest data and detailed breakdowns, click here to view the full market statistics reports.
“August 2025 brought some shifts in the Greenwich real estate market for both single-family homes and condominiums. While activity levels were slightly lower than last year, these changes present unique opportunities for buyers and sellers alike. For buyers, longer days on market and adjusted pricing can create favorable conditions, while sellers continue to benefit from steady demand in our community. We encourage anyone considering a move to work closely with a local REALTOR® to successfully navigate these evolving market trends,” stated Brian Amen, 2025 President of the Greenwich Association of REALTORS®.
The Greenwich Association of REALTORS® (“GAR”) 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.
Wholly owned and operated by GAR, the Greenwich MLS facilitates the most convenient and efficient marketplace for both REALTORS® and consumers by providing instant exposure to the largest possible pool of potential buyers for sellers, and the greatest number of housing options for buyers, which means sellers will receive top dollar for their home, while buyers benefit from transparency in market value.
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Media Inquiries: Stacey Loh, EVP/CEO
Greenwich Association of REALTORS®/Greenwich Multiple Listing Service, Inc.
40 East Elm Street, Greenwich, CT 06830