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®.
August 5, 2025 (Greenwich, CT) - The Greenwich Association of REALTORS® announces the statistics for home sales for the month of July 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 72 single-family residential closings reported across all areas of Greenwich during the month of July 2025. This figure increased, compared to July 2024 when there were 60 closings. The Median Sale Price for a single-family home increased 12.64% to $3,514,490 from the median sales price in July 2024, which was $3,120,000. The average Days On Market (DOM) for residential homes was 50 days; which was a 27.54% decrease from 69 days in July 2024. There were 39 new single-family listings brought to the market in July 2025, which is a 32.76% decrease in New Listings when compared to July 2024 when there were 58. At month-end, Active single-family inventory totaled 118 units, which is a 37.9% decrease from July 2024 when there were 190 units available. Condominium and Co-op Sales There were 15 condo/co-op residential closings reported across all areas of Greenwich during the month of July 2025. This was a decrease, compared to July 2024 when there were 19 closings. The Median Sale Price for a condo/co-op decreased 1.52% to $1,100,000 from the median sales price in July 2024, which was $1,117,000. The average Days On Market (DOM) for condo/co-op residential homes was 37, which was a 11.90% decrease from 42 days in July 2024. There were 21 new condo/co-op units brought to the market in July 2025, which is an increase of 5%, compared to July 2024 when there were 20. At month-end, Active condo/co-op inventory totaled 41 units, which is a 20.6% increase from July 2024 when there were 34 units available. For the latest data and detailed breakdowns, click here to view the full market statistics reports. "July 2025 reflected continued strength in the Greenwich real estate market, with single-family home closings seeing a notable year-over-year increase, accompanied by a significant rise in the median sale price, and a decrease in average days on market. While new listings and overall inventory in the single-family sector experienced a decline, the condominium and co-op segment recorded growth in both of those categories. Overall, the market continues to show dynamic movement and evolving trends across different property types," stated Brian Amen, 2025 President of the Greenwich Association of REALTORS®. Real Estate Report | Brian Amen, GAR 2025 President & BK Bates, GAR Board of Director
July 2, 2025 (Greenwich, CT) - The Greenwich Association of REALTORS® announces the 2025 Second Quarter statistics for home sales in The Town of Greenwich, CT. Single-Family Home Sales There were 158 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 increased compared to Q2 2024 when there were 149 closings. The median sale price for a single-family home increased to $3,175,000 from the median sales price in Q2 2024, which was $2,620,000. The average days on the market (DOM) for residential homes was 54 days; which was a decrease from 58 days in Q2 2024. Condominium and Co-op Home Sales There were 46 condo/co-op residential closings reported during this time period; which was a decrease from Q2 2024 when there were 57 closings. The median sale price for a condo/co-op decreased to $895,000 from the median sales price in Q2 2024, which was $1,144,880. The average days on the market (DOM) for condo/co-op residential homes was 45; which was a decrease from 57 days in Q2 2024.
July 2, 2025 (Greenwich, CT) - The Greenwich Association of REALTORS® announces the statistics for home sales for the month of June 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 59 single-family residential closings reported across all areas of Greenwich during the month of June 2025. This figure decreased, compared to June 2024 when there were 63 closings. The Median Sale Price for a single-family home increased 56% to $3,900,000 from the median sales price in June 2024, which was $2,500,000. The average Days On Market (DOM) for residential homes was 48 days; which was a 14.29% increase from 42 days in June 2024. There were 58 new single-family listings brought to the market in May 2025, which is a 12.12% decrease in New Listings when compared to June 2024 when there were 66. At month-end, Active single-family inventory totaled 141 units, which is a 28.8% decrease from June 2024 when there were 198 units available. Condominium and Co-op Home Sales There were 14 condo/co-op residential closings reported across all areas of Greenwich during the month of June 2025. This was a decrease, compared to June 2024 when there were 18 closings. The Median Sale Price for a condo/co-op decreased 28.57% to $787,500 from the median sales price in June 2024, which was $1,102,440. The average Days On Market (DOM) for condo/co-op residential homes was 39, which was a 7.14% decrease from 42 days in June 2024. There were 18 new condo/co-op units brought to the market in June 2025, which is an increase of 20%, compared to June 2024 when there were 15. At month-end, Active condo/co-op inventory totaled 33 units, which is a 5.7% decrease from June 2024 when there were 35 units available. For the latest data and detailed breakdowns, click here to view the full market statistics reports. "The Greenwich real estate market showed mixed trends in June. While single-family home closings saw a slight decrease, the median sale price rose significantly, indicating stronger demand for properties in the $4M+ range. We also observed a decrease in active single-family inventory as compared to 2024. Closings also decreased for condos and co-ops, and the median sale price declined. New Condo/Co-op listings increased for the month, yet active inventory was still down compared to the year prior. The market continues to evolve, reflecting various dynamics across different property types," stated Brian Amen, 2025 President of the Greenwich Association of REALTORS®.
June 5, 2025 (Greenwich, CT) - The Greenwich Association of REALTORS® announces the statistics for home sales for the month of May 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 59 single-family residential closings reported across all areas of Greenwich during the month of May 2025. This figure increased, compared to May 2024 when there were 46 closings. The Median Sale Price for a single-family home decreased 8.11% to $2,700,000 from the median sales price in May 2024, which was $2,938,150. The average Days On Market (DOM) for residential homes was 56 days; which was a 5.66% increase from 53 days in May 2024. There were 86 new single-family listings brought to the market in May 2025, which is a 14% decrease in New Listings when compared to May 2024 when there were 100. At month-end, Active single-family inventory totaled 175 units, which is a 8.4% decrease from May 2024 when there were 191 units available. Condominium and Co-op Sales There were 17 condo/co-op residential closings reported across all areas of Greenwich during the month of May 2025. This was a decrease, compared to May 2024 when there were 18 closings. The Median Sale Price for a condo/co-op decreased 35.64% to $790,000 from the median sales price in May 2024, which was $1,227,500. The average Days On Market (DOM) for condo/co-op residential homes was 60, which was a 32.58% decrease from 89 days in May 2024. There were 19 new condo/co-op units brought to the market in May 2025, which is an increase of 5.56%, compared to May 2024 when there were 18. At month-end, Active condo/co-op inventory totaled 41 units, which is a 0% increase from May 2024 when there were also 41 units available. "The May 2025 data reveals a dynamic market. We observed an increase in single-family home closings despite a decrease in inventory, indicating continued strong buyer demand for Greenwich real estate. Separately, the condo and co-op market remains consistent from the year prior from a unit sales and inventory standpoint. Market times for both Single Family and Condo Units are at or below 60 days, which points to efficient transactions for newly added inventory in the spring market," stated Brian Amen, 2025 President of the Greenwich Association of REALTORS®. Pending closings as of Wednesday, June 18th for Single Family homes were 87 and 18 for Condo/Co-Op sales.
May 5, 2025 (Greenwich, CT) - The Greenwich Association of REALTORS® announces the statistics for home sales for the month of April 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 40 single-family residential closings reported across all areas of Greenwich during the month of April 2025. This figure remained the same, compared to April 2024 when there were 40 closings. The Median Sale Price for a single-family home increased 41.69% to $3,250,000 from the median sales price in April 2024, which was $2,293,675. The average Days On Market (DOM) for residential homes was 61 days; which was a 32.22% decrease from 90 days in April 2024. There were 93 new single-family listings brought to the market in April 2025, which is a 3.13% decrease in New Listings when compared to April 2024 when there were 96. At month-end, Active single-family inventory totaled 145 units, which is a 7.1% decrease from April 2024 when there were 156 units available. Condominium and Co-op Sales There were 15 condo/co-op residential closings reported across all areas of Greenwich during the month of April 2025. This was a decrease, compared to April 2024 when there were 21 closings. The Median Sale Price for a condo/co-op increased 2.14% to $955,000 from the median sales price in April 2024, which was $935,000. The average Days On Market (DOM) for condo/co-op residential homes was 33, which was a 72.27% decrease from 119 days in April 2024. There were 29 new condo/co-op units brought to the market in April 2025, which is an increase of 31.82% compared to April 2024 when there were 22. At month-end, Active condo/co-op inventory totaled 43 units, which is a 38.7% increase from April 2024 when there were 31 units available. "April 2025 shows a robust Greenwich real estate market with notable shifts in both single-family and condo/co-op sectors. The significant increase in median sale price for single-family homes, coupled with shorter days on market for both property types, reflects a vibrant and competitive environment", stated Brian Amen, 2025 President of the Greenwich Association of REALTORS®.
April 4, 2025 (Greenwich, CT) - The Greenwich Association of REALTORS® announces the 2025 First Quarter statistics for home sales in The Town of Greenwich, CT. There were 74 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 Q1 2024 when there were 77 closings. The median sale price for a single-family home increased to $3,853,000 from the median sales price in Q1 2024, which was $3,051,922. The average days on the market (DOM) for residential homes was 23 days; which was an increase from 16 days in Q1 2024. There were 31 condo/co-op residential closings reported during this time period; which was a decrease from Q1 2024 when there were 39 closings. The median sale price for a condo/co-op increased to $1,130,000 from the median sales price in Q1 2024, which was $810,000. The average days on the market (DOM) for condo/co-op residential homes was 24; which was a decrease from 29 days in Q1 2024.
March 5, 2025 (Greenwich, CT) - The Greenwich Association of REALTORS® announces the statistics for home sales for the month of February 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 25 single-family residential closings reported across all areas of Greenwich during the month of February 2025. This was an increase, compared to February 2024 when there were 17 closings. The Median Sale Price for a single-family home increased 12.43% to $3,800,000 from the median sales price in February 2024, which was $3,350,000. The average Days On Market (DOM) for residential homes was 77 days; which was a 35.09% increase from 57 days in February 2024. There were 52 new single-family listings brought to the market in February 2025, which is a 7.14% decrease in New Listings when compared to February 2024 when there were 56. At month-end, Active single-family inventory totaled 113 units, which is a 25.2% decrease from February 2024 when there were 151 units available. Condominium and Co-op Sales There were 13 condo/co-op residential closings reported across all areas of Greenwich during the month of February 2025. This was an increase, compared to February 2024 when there were 10 closings. The Median Sale Price for a condo/co-op increased 5.11% to $875,000 from the median sales price in February 2024, which was $832,500. The average Days On Market (DOM) for condo/co-op residential homes was 75, which was a 134.38% increase from 32 days in February 2024. There were 22 new condo/co-op units brought to the market in February 2025, which is a 57.1% increase of new listings compared to February 2024 when there were 14. At month-end, Active condo/co-op inventory totaled 34 units, which is a 17.2% increase from February 2024 when there were 29 units available. "The Greenwich housing market is showing growth in early 2025. We're seeing increased sales and rising median sale prices for both single-family homes and condos/co-ops, indicating a robust market," stated Brian Amen, 2025 President of the Greenwich Association of REALTORS®.
February 5, 2025 (Greenwich, CT) - The Greenwich Association of REALTORS® announces the statistics for home sales for the month of January 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 30 single-family residential closings reported across all areas of Greenwich during the month of January 2025. This was an increase, compared to January 2024 when there were 28 closings. The Median Sale Price for a single-family home increased 2.31% to $4,003,000 from the median sales price in January 2024, which was $3,912,500. The average Days On Market (DOM) for residential homes was 100 days; which was a 29.08% decrease from 141 days in January 2024. There were 33 new single-family listings brought to the market in January 2025, which is a 23.26% decrease in New Listings when compared to January 2024 when there were 43. At month-end, Active single-family inventory totaled 102 units, which is a 28.2% decrease from January 2024 when there were 142 units available. Condominium and Co-op Sales There were 7 condo/co-op residential closings reported across all areas of Greenwich during the month of January 2025. This was a decrease, compared to January 2024 when there were 16 closings. The Median Sale Price for a condo/co-op increased 5.52% to $860,000 from the median sales price in January 2024, which was $815,000. The average Days On Market (DOM) for condo/co-op residential homes was 59, which was a 18.06% decrease from 72 days in January 2024. There were 11 new condo/co-op units brought to the market in January 2025, which is a decrease of new listings compared to January 2024 when there were 19. At month-end, Active condo/co-op inventory totaled 32 units, which is a 5.9% decrease from January 2024 when there were 34 units available. "The 2025 housing market is off to a strong start, with steady growth in value. Single-family home sales are up and inventory is down, indicating that buyers are eager to invest in Greenwich real estate," stated Brian Amen, 2025 President of the Greenwich Association of REALTORS® Pending closings as of Wednesday, February 19th for Single Family homes were 38 and 14 for Condo/Co-Op sales.
April 4, 2025 (Greenwich, CT) - The Greenwich Association of REALTORS® announces the statistics for home sales for the month of March 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 19 single-family residential closings reported across all areas of Greenwich during the month of March 2025. This was a decrease, compared to March 2024 when there were 32 closings. The Median Sale Price for a single-family home increased 65.69% to 4,204,500 from the median sales price in March 2024, which was $2,537,500. The average Days On Market (DOM) for residential homes was 149 days; which was a 119.12% increase from 68 days in March 2024. There were 78 new single-family listings brought to the market in March 2025, which is a 21.88% increase in New Listings when compared to March 2024 when there were 64. At month-end, Active single-family inventory totaled 135 units, which is a 11.2% decrease from March 2024 when there were 152 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 March 2025. This was a decrease, compared to March 2024 when there were 13 closings. The Median Sale Price for a condo/co-op increased 112.78% to $1,500,000 from the median sales price in March 2024, which was $705,000. The average Days On Market (DOM) for condo/co-op residential homes was 63, which was a 28.57% increase from 49 days in March 2024. There were 16 new condo/co-op units brought to the market in March 2025, which is a decrease of 11.11% compared to March 2024 when there were 18. At month-end, Active condo/co-op inventory totaled 28 units, which remains the same from March 2024 when there were 28 units available. "While we saw a slight decrease in the number of closings for both single-family homes and condos/co-ops in March 2025 compared to last year, the significant increases in median sale prices for both segments indicate a strong market demand. We're also seeing more new single-family listings, suggesting increased market activity," stated Brian Amen, 2025 President of the Greenwich Association of REALTORS®. Pending Sales Pending closings as of Wednesday, April 16th for Single Family homes were 84 and 19 for Condo/Co-Op sales.
March 5, 2025 (Greenwich, CT) - The Greenwich Association of REALTORS® announces the statistics for home sales for the month of February 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 25 single-family residential closings reported across all areas of Greenwich during the month of February 2025. This was an increase, compared to February 2024 when there were 17 closings. The Median Sale Price for a single-family home increased 12.43% to $3,800,000 from the median sales price in February 2024, which was $3,350,000. The average Days On Market (DOM) for residential homes was 77 days; which was a 35.09% increase from 57 days in February 2024. There were 52 new single-family listings brought to the market in February 2025, which is a 7.14% decrease in New Listings when compared to February 2024 when there were 56. At month-end, Active single-family inventory totaled 113 units, which is a 25.2% decrease from February 2024 when there were 151 units available. Condominium and Co-op Sales There were 13 condo/co-op residential closings reported across all areas of Greenwich during the month of February 2025. This was an increase, compared to February 2024 when there were 10 closings. The Median Sale Price for a condo/co-op increased 5.11% to $875,000 from the median sales price in February 2024, which was $832,500. The average Days On Market (DOM) for condo/co-op residential homes was 75, which was a 134.38% increase from 32 days in February 2024. There were 22 new condo/co-op units brought to the market in February 2025, which is a 57.1% increase of new listings compared to February 2024 when there were 14. At month-end, Active condo/co-op inventory totaled 34 units, which is a 17.2% increase from February 2024 when there were 29 units available. "The Greenwich housing market is showing growth in early 2025. We're seeing increased sales and rising median sale prices for both single-family homes and condos/co-ops, indicating a robust market," stated Brian Amen, 2025 President of the Greenwich Association of REALTORS®.
February 5, 2025 (Greenwich, CT) - The Greenwich Association of REALTORS® announces the statistics for home sales for the month of January 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 30 single-family residential closings reported across all areas of Greenwich during the month of January 2025. This was an increase, compared to January 2024 when there were 28 closings. The Median Sale Price for a single-family home increased 2.31% to $4,003,000 from the median sales price in January 2024, which was $3,912,500. The average Days On Market (DOM) for residential homes was 100 days; which was a 29.08% decrease from 141 days in January 2024. There were 33 new single-family listings brought to the market in January 2025, which is a 23.26% decrease in New Listings when compared to January 2024 when there were 43. At month-end, Active single-family inventory totaled 102 units, which is a 28.2% decrease from January 2024 when there were 142 units available. Condominium and Co-op Sales There were 7 condo/co-op residential closings reported across all areas of Greenwich during the month of January 2025. This was a decrease, compared to January 2024 when there were 16 closings. The Median Sale Price for a condo/co-op increased 5.52% to $860,000 from the median sales price in January 2024, which was $815,000. The average Days On Market (DOM) for condo/co-op residential homes was 59, which was a 18.06% decrease from 72 days in January 2024. There were 11 new condo/co-op units brought to the market in January 2025, which is a decrease of new listings compared to January 2024 when there were 19. At month-end, Active condo/co-op inventory totaled 32 units, which is a 5.9% decrease from January 2024 when there were 34 units available. "The 2025 housing market is off to a strong start, with steady growth in value. Single-family home sales are up and inventory is down, indicating that buyers are eager to invest in Greenwich real estate," stated Brian Amen, 2025 President of the Greenwich Association of REALTORS® Pending closings as of Wednesday, February 19th for Single Family homes were 38 and 14 for Condo/Co-Op sales.
January 6, 2025 (Greenwich, CT) - The Greenwich Association of REALTORS® announces the 2024 Fourth Quarter statistics for home sales in The Town of Greenwich, CT. There were 115 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 Q4 2023 when there were 110 closings. The median sale price for a single-family home increased to $2,800,000 from the median sales price in Q4 2023, which was $2,200,000. The average days on the market (DOM) for residential homes was 72 days; which was a decrease from 87 days in Q4 2023. There were 40 condo/co-op residential closings reported during this time period; which was an increase from Q4 2023 when there were 34 closings. The median sale price for a condo/co-op increased to $1,157,500 from the median sales price in Q4 2023, which was $1,030,084. The average days on the market (DOM) for condo/co-op residential homes was 43; which remained the same at 43 days in Q4 2023.
January 7, 2025 (Greenwich, CT) - The Greenwich Association of REALTORS® announces the statistics for home sales for the month of December 2024 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 41 single-family residential closings reported across all areas of Greenwich during the month of December 2024. This was an increase, compared to December 2023 when there were 32 closings. The Median Sale Price for a single-family home increased 30.34% to $2,900,000 from the median sales price in December 2023, which was $2,225,000. The average Days On Market (DOM) for residential homes was 51 days; which was a 32.89% decrease from 76 days in December 2023. There were 16 new single-family listings brought to the market in December 2024, which is a 33.33% increase in New Listings when compared to December 2023 when there were 12. At month-end, Active single-family inventory totaled 98 units, which is a 21.6% decrease from December 2023 when there were 125 units available. Condominium and Co-op Sales There were 10 condo/co-op residential closings reported across all areas of Greenwich during the month of December 2024. This was an increase, compared to December 2023 when there were 7 closings. The Median Sale Price for a condo/co-op decreased 18.33% to $825,000 from the median sales price in December 2023, which was $1,010,168. The average Days On Market (DOM) for condo/co-op residential homes was 36, which was a 70% decrease from 120 days in December 2023. There were 6 new condo/co-op units brought to the market in December 2024, which is an increase of new listings compared to December 2023 when there were 4. At month-end, Active condo/co-op inventory totaled 25 units, which is a 19.4% decrease from December 2023 when there were 31 units available. "Greenwich's real estate market experienced significant activity in December 2024, with a 30% increase in the median sale price for single-family homes and a 70% decrease in average days on market for condos and co-ops. Both single-family homes and condos/co-ops saw an increase in sales, with 41 and 10 closings respectively. Active inventory decreased for both property types, indicating a dynamic and fast-paced market.”, stated Brian Amen, 2025 President of the Greenwich Association of REALTORS®.
December 5, 2024 (Greenwich, CT) - The Greenwich Association of REALTORS® announces the statistics for home sales for the month of November 2024 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 39 single-family residential closings reported across all areas of Greenwich during the month of November 2024. This was a decrease, compared to November 2023 when there were 40 closings. The Median Sale Price for a single-family home increased 13.03% to $2,255,000 from the median sales price in November 2023, which was $1,995,000. The average Days On Market (DOM) for residential homes was 65 days; which was a 17.72% decrease from 79 days in November 2023. There were 14 new single-family listings brought to the market in November 2024, which is a 48.15% decrease in New Listings when compared to November 2023 when there were 27. At month-end, Active single-family inventory totaled 131 units, which is a 12.7% decrease from November 2023 when there were 150 units available. Condominium and Co-op Sales There were 17 condo/co-op residential closings reported across all areas of Greenwich during the month of November 2024. This was an increase, compared to November 2023 when there were 15 closings. The Median Sale Price for a condo/co-op increased 11.43% to $1,170,000 from the median sales price in November 2023, which was $1,050,000. The average Days On Market (DOM) for condo/co-op residential homes was 44, which was a 16.98% decrease from 53 days in November 2023. There were 12 new condo/co-op units brought to the market in November 2024, which is a decrease of new listings compared to November 2023 when there were 15. At month-end, Active condo/co-op inventory totaled 31 units, which is a 16.2% decrease from November 2023 when there were 37 units available. "Greenwich's real estate market is currently undergoing a dynamic transformation. While single-family home prices have surged, the condo and co-op sectors have experienced more tempered price adjustments. A key driver of this shift is the notable decline in available listings across both property types, which is reshaping market trends. In this evolving environment, partnering with an experienced Realtor can be invaluable for both buyers and sellers, helping them navigate the complexities and seize opportunities for success.”, stated Bryan Tunney, 2024 President of the Greenwich Association of REALTORS®.
November 5, 2024 (Greenwich, CT) - The Greenwich Association of REALTORS® announces the statistics for home sales for the month of October 2024 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 34 single-family residential closings reported across all areas of Greenwich during the month of October 2024. This was a decrease, compared to October 2023 when there were 38 closings. The Median Sale Price for a single-family home increased 32.59% to $3,397,500 from the median sales price in October 2023, which was $2,562,500. The average Days On Market (DOM) for residential homes was 106 days; which was a 1.92% increase from 104 days in October 2023. There were 57 new single-family listings brought to the market in October 2024, which is a 3.64% increase in New Listings when compared to October 2023 when there were 55. At month-end, Active single-family inventory totaled 167 units, which is a 2.3% decrease from October 2023 when there were 171 units available. Condominium and Co-op Sales There were 13 condo/co-op residential closings reported across all areas of Greenwich during the month of October 2024. This was an increase, compared to October 2023 when there were 12 closings. The Median Sale Price for a condo/co-op increased 35.06% to $1,300,000 from the median sales price in October 2023, which was $962,500. The average Days On Market (DOM) for condo/co-op residential homes was 49, which was a 48.96% decrease from 96 days in October 2023. There were 20 new condo/co-op units brought to the market in October 2024, which is a increase of new listings compared to October 2023 when there were 15. At month-end, Active condo/co-op inventory totaled 33 units, which is a 17.5% decrease from October 2023 when there were 40 units available. "The Greenwich residential market saw interesting shifts in October. Single-family home prices surged, while condo/co-op prices moderated. Inventory remains a key factor, with active listings down for both property types. It's a dynamic market, and buyers and sellers should work with a Realtor to navigate the complexities”, stated Bryan Tunney, 2024 President of the Greenwich Association of REALTORS®.
October 4, 2024 (Greenwich, CT) - The Greenwich Association of REALTORS® announces the 2024 Third Quarter statistics for home sales in The Town of Greenwich, CT. There were 158 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 Q3 2023 when there were 166 closings. The median sale price for a single-family home increased to $3,045,051 from the median sales price in Q3 2023, which was $2,502,500. The average days on the market (DOM) for residential homes was 59 days; which was a decrease from 88 days in Q3 2023. There were 56 condo/co-op residential closings reported during this time period; which was an increase from Q3 2023 when there were 45 closings. The median sale price for a condo/co-op increased to $993,500 from the median sales price in Q3 2023, which was $914,000. The average days on the market (DOM) for condo/co-op residential homes was 49; which was a decrease from 55 days in Q3 2023.
October 4, 2024 (Greenwich, CT) - The Greenwich Association of REALTORS® announces the statistics for home sales for the month of September 2024 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 37 single-family residential closings reported across all areas of Greenwich during the month of September 2024. This was a decrease, compared to September 2023 when there were 43 closings. The Median Sale Price for a single-family home increased 1.969% to $3,305,000 from the median sales price in September 2023, which was $3,250,000. The average Days On Market (DOM) for residential homes was 79 days; which was a 21% decrease from 100 days in September 2023. There were 71 new single-family listings brought to the market in September 2024, which is a 9.23% increase in New Listings when compared to September 2023 when there were 65. At month-end, Active single-family inventory totaled 182 units, which is a 10.3% increase from September 2023 when there were 165 units available. Condominium and Co-op Sales There were 17 condo/co-op residential closings reported across all areas of Greenwich during the month of September 2024. This was an increase, compared to September 2023 when there were 11 closings. The Median Sale Price for a condo/co-op decreased 5.91% to $860,000 from the median sales price in September 2023, which was $914,000. The average Days On Market (DOM) for condo/co-op residential homes was 30, which was a 73.91% decrease from 115 days in September 2023. There were 16 new condo/co-op units brought to the market in September 2024, which is a decrease of new listings compared to September 2023 when there were 23. At month-end, Active condo/co-op inventory totaled 31 units, which is a 36.7% decrease from September 2023 when there were 40 units available. "In September, we saw a decrease in single-family home sales compared to last year, with 37 closings. However, the Median Sale Price for single-family homes increased to $3,305,000, showing continued strength in the market. We also observed a significant decrease in Days On Market, indicating a faster pace of sales. The condo/co-op market performed well, with an increase in closings and a Median Sale Price of $860,000. Overall, the Greenwich market remains active and dynamic, with these numbers reflecting both stability and areas of growth,” stated Bryan Tunney, 2024 President of the Greenwich Association of REALTORS®.
September 5, 2024 (Greenwich, CT) - The Greenwich Association of REALTORS® announces the statistics for home sales for the month of August 2024 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 62 single-family residential closings reported across all areas of Greenwich during the month of August 2024. This was a decrease, compared to August 2023 when there were 64 closings. The Median Sale Price for a single-family home increased 6.98% to $2,800,000 from the median sales price in August 2023, which was $2,617,250. The average Days On Market (DOM) for residential homes was 38 days; which was a 50.65% decrease from 77 days in August 2023. There were 37 new single-family listings brought to the market in August 2024, which is a 7.50% decrease in New Listings when compared to August 2023 when there were 40. At month-end, Active single-family inventory totaled 153 units, which is a 1.3% decrease from August 2023 when there were 155 units available. Condominium and Co-op Sales There were 21 condo/co-op residential closings reported across all areas of Greenwich during the month of August 2024. This was an increase, compared to August 2023 when there were 21 closings. The Median Sale Price for a condo/co-op increased 26.03% to $1,150,000 from the median sales price in August 2023, which was $912,500. The average Days On Market (DOM) for condo/co-op residential homes was 72, which was an 67.44% increase from 43 days in August 2023. There were 16 new condo/co-op units brought to the market in August 2024, which is an increase of new listings compared to August 2023 when there were 13. At month-end, Active condo/co-op inventory totaled 36 units, which is a 10% decrease from August 2023 when there were 40 units available. "In August, the Median Sales Price for both Single Family homes, as well as Condo/Co-op’s have seen an increase. The Median Sales Price for Single Family homes in August was $2,800,000, a 6.98% increase compared to August 2023, which was $2,617,2500. The Median Sales Price for Condo/Co-op’s in August was $1,150,000, a 26.03% increase compared to August 2023, which was $912,500. The Dollar Volume for Single Family homes was $203,667,852 and for Condo/Co-op’s it was $36,435,300", stated Bryan Tunney, 2024 President of the Greenwich Association of REALTORS®.
August 5, 2024 (Greenwich, CT) - The Greenwich Association of REALTORS® announces the statistics for home sales for the month of July 2024 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 59 single-family residential closings reported across all areas of Greenwich during the month of July 2024. This figure remained the same compared to July 2023 when there were 59 closings. The Median Sale Price for a single-family home increased 43.51% to $3,150,000 from the median sales price in July 2023, which was $2,195,000. The average Days On Market (DOM) for residential homes was 70 days; which was a 23.08% decrease from 91 days in July 2023. There were 59 new single-family listings brought to the market in July 2024, which is a 7.27% increase in New Listings when compared to July 2023 when there were 55. At month-end, Active single-family inventory totaled 174 units, which is a 3% increase from July 2023 when there were 169 units available. Condominium and Co-op Sales There were 18 condo/co-op residential closings reported across all areas of Greenwich during the month of July 2024. This was an increase, compared to July 2023 when there were 13 closings. The Median Sale Price for a condo/co-op increased 42.15% to $1,158,500 from the median sales price in July 2023, which was $815,000. The average Days On Market (DOM) for condo/co-op residential homes was 41, which was an 86.36% increase from 22 days in July 2023. There were 19 new condo/co-op units brought to the market in July 2024, which is an increase of new listings compared to July 2023 when there were 11. At month-end, Active condo/co-op inventory totaled 35 units, which is a 23.9% decrease from July 2024 when there were 46 units available. "In July, the Median Sales Price for both Single Family homes, as well as Condo/Co-op’s have seen an increase. The Median Sales Price for Single Family homes in July was $3,150,000, a 43.51% increase compared to July 2023, which was $2,195,000. The Median Sales Price for Condo/Co-op’s in July was $1,158,500, a 42.15% increase compared to July 2023, which was $815,000" stated Bryan Tunney, 2024 President of the Greenwich Association of REALTORS®.
July 2, 2024 (Greenwich, CT) - The Greenwich Association of REALTORS® announces the 2024 Second Quarter statistics for home sales in The Town of Greenwich, CT. There were 150 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 Q2 2023 when there were 167 closings. The median sale price for a single-family home increased to $2,622,500 from the median sales price in Q2 2023, which was $2,600,000. The average days on the market (DOM) for residential homes was 59 days; which was a decrease from 97 days in Q2 2023. There were 57 condo/co-op residential closings reported during this time period; which was an increase from Q2 2023 when there were 47 closings. The median sale price for a condo/co-op increased to $1,144,880 from the median sales price in Q2 2023, which was $925,000. The average days on the market (DOM) for condo/co-op residential homes was 85; which was an increase from 49 days in Q2 2023.
July 2, 2024 (Greenwich, CT) - The Greenwich Association of REALTORS® announces the statistics for home sales for the month of June 2024 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 64 single-family residential closings reported across all areas of Greenwich during the month of June 2024. This figure decreased compared to June 2023 when there were 77 closings. The Median Sale Price for a single-family home increased 0.39% to $2,560,000 from the median sales price in June 2023, which was $2,550,000. The average Days On Market (DOM) for residential homes was 44 days; which was a 50% decrease from 88 days in June 2023. There were 66 new single-family listings brought to the market in June 2024, which is a 13.79% increase in New Listings when compared to June 2023 when there were 58. At month-end, Active single-family inventory totaled 187 units, which is a 4.5% increase from June 2023 when there were 179 units available. Condominium and Co-op Sales There were 18 condo/co-op residential closings reported across all areas of Greenwich during the month of June 2024. This figure remained the same as compared to June 2023 when there were 18 closings. The Median Sale Price for a condo/co-op increased 2.55% to $1,102,440 from the median sales price in June 2023, which was $1,075,000. The average Days On Market (DOM) for condo/co-op residential homes was 42, which was a 2.44% increase from 41 days in June 2023. There were 15 new condo/co-op units brought to the market in June 2024, which is a decrease of new listings compared to June 2023 when there were 21. At month-end, Active condo/co-op inventory totaled 37 units, which is a 35.1% decrease from June 2024 when there were 57 units available. "In June, the Median Sales Price for both Single Family homes, as well as Condo/Co-op’s have seen an increase. The Median Sales Price for Single Family homes in June was $2,560,000, a 0.39% increase compared to June 2023, which was $2,560,000. The Median Sales Price for Condo/Co-op’s in June was $1,102,440, a 2.55% increase compared to June 2023, which was $1,075,000" stated Bryan Tunney, 2024 President of the Greenwich Association of REALTORS®.
June 5, 2024 (Greenwich, CT) - The Greenwich Association of REALTORS® announces the statistics for home sales for the month of May 2024 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 46 single-family residential closings reported across all areas of Greenwich during the month of May 2024. This figure decreased compared to May 2023 when there were 50 closings. The Median Sale Price for a single-family home increased 4.97% to $2,938,150 from the median sales price in May 2023, which was $2,799,000. The average Days On Market (DOM) for residential homes was 53 days; which was an 58.27% decrease from 127 days in May 2023. There were 101 new single-family listings brought to the market in May 2024, which is a 20.24% increase in New Listings when compared to May 2023 when there were 84. At month-end, Active single-family inventory totaled 179 units, which is a 10.5% decrease from May 2023 when there were 200 units available. Condominium and Co-op Sales There were 18 condo/co-op residential closings reported across all areas of Greenwich during the month of May 2024. This figure increased 38.46% as compared to May 2023 when there were 13 closings. The Median Sale Price for a condo/co-op increased 40.29% to $1,227,500 from the median sales price in May 2023, which was $875,000. The average Days On Market (DOM) for condo/co-op residential homes was 89, which was a 140.54% increase from 37 days in May 2023. There were 18 new condo/co-op units brought to the market in May 2024, which is a decrease of new listings compared to May 2023 when there were 21. At month-end, Active condo/co-op inventory totaled 41 units, which is a 16.3% decrease from May 2024 when there were 49 units available. "In May, there were 18 condo/co-op residential closings reported across all areas of Greenwich. This signifies a 38% increase from the year prior. The Median Sale Price for a condo/co-op also increased to 40.29% to $1,227,500" stated Bryan Tunney, 2024 President of the Greenwich Association of REALTORS®.
May 6, 2024 (Greenwich, CT) - The Greenwich Association of REALTORS® announces the statistics for home sales for the month of April 2024 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 40 single-family residential closings reported across all areas of Greenwich during the month of April 2024. This figure remained the same, as compared to April 2023 when there were 40 closings. The Median Sale Price for a single-family home decreased 12.33% to $2,293,675 from the median sales price in April 2023, which was $2,616,250. The average Days On Market (DOM) for residential homes was 90 days; which was an 18.42% increase from 76 days in April 2023. There were 96 new single-family listings brought to the market in April 2024, which is a 7.87% increase in New Listings when compared to April 2023 when there were 89. At month-end, Active single-family inventory totaled 167 units, which is a 20.9% decrease from April 2023 when there were 211 units available. Condominium and Co-op Sales There were 21 condo/co-op residential closings reported across all areas of Greenwich during the month of April 2024. This figure increased 31.25% as compared to April 2023 when there were 16 closings. The Median Sale Price for a condo/co-op increased 16.15% to $935,000 from the median sales price in April 2023, which was $805,000. The average Days On Market (DOM) for condo/co-op residential homes was 119, which was a 357.69% increase from 26 days in April 2023. There were 22 new condo/co-op units brought to the market in April 2024, which is an increase of new listings compared to April 2023 when there were 15. At month-end, Active condo/co-op inventory totaled 34 units, which is a 35.8% decrease from April 2024 when there were 53 units available. "In April, there were 167 active single-family units on the market across all areas of Greenwich. This signifies a 17% increase from the month prior, but a 20% decrease from the same time year-prior. Buyers are still facing tight inventory conditions and should be prepared to act quickly to stay competitive in the current market," stated Bryan Tunney, 2024 President of the Greenwich Association of REALTORS®.
April 9, 2024 (Greenwich, CT) - The Greenwich Association of REALTORS® announces the 2024 First Quarter statistics for home sales in The Town of Greenwich, CT. There were 77 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 Q1 2023 when there were 84 closings. The median sale price for a single-family home increased to $3,051,922 from the median sales price in Q1 2023, which was $2,517,750. The average days on the market (DOM) for residential homes was 92 days; which was a decrease from 104 days in Q1 2023. There were 38 condo/co-op residential closings reported during this time period; which was a decrease from Q1 2023 when there were 54 closings. The median sale price for a condo/co-op decreased to $815,000 from the median sales price in Q1 2023, which was $817,500. The average days on the market (DOM) for condo/co-op residential homes was 82; which was an increase from 74 days in Q1 2023.
April 5, 2024 (Greenwich, CT) - The Greenwich Association of REALTORS® announces the statistics for home sales for the month of March 2024 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 32 single-family residential closings reported across all areas of Greenwich during the month of March 2024. This figure decreased 17.95% as compared to March 2023 when there were 39 closings. The Median Sale Price for a single-family home increased 1% to $2,537,500 from the median sales price in March 2023, which was $2,500,000. The average Days On Market (DOM) for residential homes was 68 days; which was a 26% decrease from 93 days in March 2023. There were 64 new single-family listings brought to the market in March 2024, which is a 20% decrease in New Listings when compared to March 2023 when there were 80. At month-end, Active single-family inventory totaled 136 units, which is a 26.5% decrease from March 2023 when there were 185 units available. Condominium and Co-op Sales There were 13 condo/co-op residential closings reported across all areas of Greenwich during the month of March 2024. This figure decreased 48% as compared to March 2023 when there were 25 closings. The Median Sale Price for a condo/co-op decreased 21.67% to $705,000 from the median sales price in March 2023, which was $900,000. The average Days On Market (DOM) for condo/co-op residential homes was 49, which was a 34% decrease from 75 days in March 2023. There were 18 new condo/co-op units brought to the market in March 2024, which is a decrease of new listings compared to March 2023 when there were 27. At month-end, Active condo/co-op inventory totaled 28 units, which is a 46.2% decrease from March 2023 when there were 52 units available. "In March, there were 136 active single-family units on the market across all areas of Greenwich. This signifies a 2% decrease from the month prior, but a 26% decrease from the same time year-prior. Buyers are continuing to feel the crunch on inventory, and must be ready to act swiftly to be competitive in this market," stated Bryan Tunney, 2024 President of the Greenwich Association of REALTORS®.
March 5, 2024 (Greenwich, CT) - The Greenwich Association of REALTORS® announces the statistics for home sales for the month of February 2024 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 17 single-family residential closings reported across all areas of Greenwich during the month of February 2024. This figure increased 13.3% as compared to February 2023 when there were 15 closings. The Median Sale Price for a single-family home increased 40% to $3,350,000 from the median sales price in February 2023, which was $2,376,000. The average Days On Market (DOM) for residential homes was 57 days; which was a 60% decrease from 144 days in February 2023. There were 56 new single-family listings brought to the market in February 2024, which is a 19% increase in New Listings when compared to February 2023 when there were 47. At month-end, Active single-family inventory totaled 136 units, which is a 26.9% decrease from February 2023 when there were 186 units available. Condominium and Co-op Sales There were 10 condo/co-op residential closings reported across all areas of Greenwich during the month of February 2024. This figure decreased 41% as compared to February 2023 when there were 14 closings. The Median Sale Price for a condo/co-op increased 18.9% to $832,500 from the median sales price in February 2023, which was $700,000. The average Days On Market (DOM) for condo/co-op residential homes was 32, which was a 52% decrease from 68 days in February 2023. There were 14 new condo/co-op units brought to the market in February 2024, which is the same number of new listings when compared to February 2023. At month-end, Active condo/co-op inventory totaled 29 units, which is a 39.6% decrease from February 2023 when there were 48 units available. "In terms of median price, single family homes in the Town of Greenwich saw a 40% increase throughout February 2024, ending the month at $3,350,000, as compared to the same month year prior $2,376,000. Condo/Co-op median price saw an increase of 18%, finishing the month at $832,500, as compared to the same month year prior $700,000” stated Bryan Tunney, 2024 President of the Greenwich Association of REALTORS®.
February 5, 2024 (Greenwich, CT) - The Greenwich Association of REALTORS® announces the statistics for home sales for the month of January 2023 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 28 single-family residential closings reported across all areas of Greenwich during the month of January 2024. This figure decreased 6.67% as compared to January 2023 when there were 30 closings. The Median Sale Price for a single-family home increased 52% to $3,912,500 from the median sales price in January 2023, which was $2,567,500. The average Days On Market (DOM) for residential homes was 141 days; which was a 43% increase from 98 days in January 2023. There were 44 new single-family listings brought to the market in January 2024, which is a 12% increase in New Listings when compared to January 2023 when there were 39. At month-end, Active single-family inventory totaled 122 units, which is a 32.6% decrease from January 2023 when there were 181 units available. Condominium and Co-op Sales There were 15 condo/co-op residential closings reported across all areas of Greenwich during the month of January 2024. This figure increased 25% as compared to January 2023 when there were 12 closings. The Median Sale Price for a condo/co-op decreased 3.87% to $820,00 from the median sales price in January 2023, which was $853,000. The average Days On Market (DOM) for condo/co-op residential homes was 71, which was a 21% decrease from 90 days in January 2023. There were 18 new condo/co-op units brought to the market in January 2024, which is a 37% increase in new listings when compared to January 2023 when there were 29 units added. At month-end, Active condo/co-op inventory totaled 33 units, which is a 41.1% decrease from January 2023 when there were 56 units available. "In terms of median price, single family homes in the Town of Greenwich saw a 52% increase throughout January 2023, ending the month at $3,912,500, as compared to both the month and year prior $2,567,500. Condo/Co-op single family home sales saw an increase of 25%, finishing the month with 15 sales, as compared to both the month and year prior of 12 sales” stated Bryan Tunney, 2023 President of the Greenwich Association of REALTORS®.
January 8, 2024 (Greenwich, CT) - The Greenwich Association of REALTORS® announces the 2023 Fourth Quarter statistics for home sales in The Town of Greenwich, CT. There were 110 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 increased compared to Q4 2022 when there were 101 closings. The median sale price for a single-family home decreased to $2,200,000 from the median sales price in Q4 2022, which was $2,375,000. The average days on the market (DOM) for residential homes was 87 days; which was an increase from 61 days in Q4 2022. There were 34 condo/co-op residential closings reported during this time period; which was a decrease from Q4 2022 when there were 57 closings. The median sale price for a condo/co-op increased to $1,030,084 from the median sales price in Q4 2022, which was $785,000. The average days on the market (DOM) for condo/co-op residential homes was 82; which was an increase from 60 days in Q4 2022.
January 5, 2024 (Greenwich, CT) - The Greenwich Association of REALTORS® announces the statistics for home sales for the month of December 2023 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 32 single-family residential closings reported across all areas of Greenwich during the month of December 2023. This figure decreased 5.88% as compared to December 2022 when there were 34 closings. The Median Sale Price for a single-family home increased 7% to $2,225,000 from the median sales price in December 2022, which was $2,072,500. The average Days On Market (DOM) for residential homes was 76 days; which was a 7% decrease from 82 days in December 2022. There were 12 new single-family listings brought to the market in December 2023, which is a 29% decrease in New Listings when compared to December 2022 when there were 17. At month-end, Active single-family inventory totaled 108 units, which is a 38.3% decrease from December 2022 when there were 175 units available. Condominium and Co-op Sales There were 7 condo/co-op residential closings reported across all areas of Greenwich during the month of December 2023. This figure decreased 66% as compared to December 2022 when there were 21 closings. The Median Sale Price for a condo/co-op increased 66.9% to $1,010,168 from the median sales price in December 2022, which was $605,000. The average Days On Market (DOM) for condo/co-op residential homes was 120, which was a 126% increase from 53 days in December 2022. There were 4 new condo/co-op units brought to the market in December 2023, which is a 42% decrease in new listings when compared to December 2022 when there were 8 units added. At month-end, Active condo/co-op inventory totaled 29 units, which is a 39.6% decrease from December 2022 when there were 48 units available. "In terms of median price, single family homes in the Town of Greenwich saw a 7% increase throughout December 2023, ending the month at $2,225,000, as compared to both the month and year prior $2,072500. Condo/Co-op median sales saw an increase of 66%, finishing the month at $1,010,168, as compared to both the month and year prior with a median sales price of $605,000” stated Bryan Tunney, 2023 President of the Greenwich Association of REALTORS®.
December 5, 2023 (Greenwich, CT) - The Greenwich Association of REALTORS® announces the statistics for home sales for the month of November 2023 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 40 single-family residential closings reported across all areas of Greenwich during the month of November 2023. This figure increased 8.11% as compared to November 2022 when there were 37 closings. The Median Sale Price for a single-family home decreased 18% to $1,995,000 from the median sales price in November 2022, which was $2,450,000. The average Days On Market (DOM) for residential homes was 81 days; which was a 26% increase from 64 days in November 2022. There were 27 new single-family listings brought to the market in November 2023, which is a 8% increase in New Listings when compared to November 2022 when there were 25. At month-end, Active single-family inventory totaled 129 units, which is a 41.1% decrease from November 2022 when there were 220 units available. Condominium and Co-op Sales There were 15 condo/co-op residential closings reported across all areas of Greenwich during the month of November 2023. This figure decreased 21% as compared to November 2022 when there were 21 closings. The Median Sale Price for a condo/co-op increased 16.8% to $1,050,000 from the median sales price in November 2022, which was $899,000. The average Days On Market (DOM) for condo/co-op residential homes was 53, which was just over a 5% decrease from 56 days in November 2022. There were 15 new condo/co-op units brought to the market in November 2023, which is a 28% decrease in new listings when compared to November 2022 when there were 21 units added. At month-end, Active condo/co-op inventory totaled 36 units, which is a 37.9% decrease from November 2022 when there were 58 units available. "In terms of sales, single family homes in the Town of Greenwich saw a 9% increase throughout November 2023, ending the month at 24 closings, as compared to both the month and year prior with 22 closings. Condo/Co-op median sales saw an increase of 16%, finishing the month at $1,050,000, as compared to both the month and year prior with a median sales price of $899,000” stated Bryan Tunney, 2023 President of the Greenwich Association of REALTORS®
November 6, 2023 (Greenwich, CT) - The Greenwich Association of REALTORS® announces the statistics for home sales for the month of October 2023 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 38 single-family residential closings reported across all areas of Greenwich during the month of October 2023. This figure increased 26.6% as compared to October 2022 when there were 30 closings. The Median Sale Price for a single-family home increased 6% to $2,562,500 from the median sales price in October 2022, which was $2,402,500. The average Days On Market (DOM) for residential homes was 104 days; which was a 197% increase from 35 days in October 2022. There were 55 new single-family listings brought to the market in October 2023, which is a 1% decrease in New Listings when compared to October 2022 when there were 56. At month-end, Active single-family inventory totaled 154 units, which is a 39.6% decrease from October 2022 when there were 255 units available. Condominium and Co-op Sales There were 12 condo/co-op residential closings reported across all areas of Greenwich during the month of October 2023. This figure decreased 20% as compared to October 2022 when there were 15 closings. The Median Sale Price for a condo/co-op increased 37.7% to $962,500 from the median sales price in October 2022, which was $699,000. The average Days On Market (DOM) for condo/co-op residential homes was 96, which was just over a 10% decrease from 77 days in October 2022. There were 15 new condo/co-op units brought to the market in October2023, which is a 6.2% decrease in new listings when compared to October 2022 when there were 16 units added. At month-end, Active condo/co-op inventory totaled 36 units, which is a 47.1% decrease from October 2022 when there were 68 units available. "In terms of sales, single family homes in the Town of Greenwich saw a 26% increase throughout October 2023, ending the month at 38 closings, as compared to both the month and year prior with 30 closings. Condo/Co-op median sales saw an increase of 37%, finishing the month at $962,500, as compared to both the month and year prior with a median sales price of $699,000” stated Bryan Tunney, 2023 President of the Greenwich Association of REALTORS®. Pending closings as of Wednesday, November 15th for Single Family homes were 54 and 15 for Condo/Co-Op sales. Greenwich Real Estate Report | Pam Pagnani & Maria Ruggeberg, GAR Board of Directors
October 5, 2023 (Greenwich, CT) - The Greenwich Association of REALTORS® announces the statistics for home sales for the month of September 2023 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 43 single-family residential closings reported across all areas of Greenwich during the month of September 2023. This figure decreased 23.2% as compared to September 2022 when there were 56 closings. The Median Sale Price for a single-family home increased 54% to $3,250,000 from the median sales price in September 2022, which was $2,100,000. The average Days On Market (DOM) for residential homes was 100 days; which was a 49% increase from 67 days in September 2022. There were 65 new single-family listings brought to the market in September 2023, which is a 12% decrease in New Listings when compared to September 2022 when there were 74. At month-end, Active single-family inventory totaled 150 units, which is a 42.3% decrease from September 2022 when there were 260 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 September 2023. This figure decreased 22% as compared to September 2022 when there were 9 closings. The Median Sale Price for a condo/co-op increased 4.4% to $914,000 from the median sales price in September 2022, which was $875,000. The average Days On Market (DOM) for condo/co-op residential homes was 115, which was just over a 10% decrease from 47 days in September 2022. There were 23 new condo/co-op units brought to the market in September 2023, which is a 9.5% increase in new listings when compared to September 2022 when there were 21 units added. At month-end, Active condo/co-op inventory totaled 47 units, which is a 38.2% decrease from September 2022 when there were 76 units available. "In terms of median sales, single family homes in the Town of Greenwich saw a 54% increase throughout September 2023, ending the month at $3,250,000, as compared to both the month and year prior with a median sales price of $2,100,000. Condo/Co-op median sales also saw an increase of 4%, finishing the month at $914,000, as compared to both the month and year prior with a median sales price of $875,000” stated Bryan Tunney, 2023 President of the Greenwich Association of REALTORS®.
October 5, 2023 (Greenwich, CT) - The Greenwich Association of REALTORS® announces the 2023 Third Quarter statistics for home sales in The Town of Greenwich, CT. There were 166 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 Q3 2022 when there were 204 closings. The median sale price for a single-family home increased to $2,502,500 from the median sales price in Q3 2022, which was $2,411,250. The average days on the market (DOM) for residential homes was 88 days; which was an increase from 60 days in Q3 2022. There were 44 condo/co-op residential closings reported during this time period; which was a decrease from Q2 2022 when there were 45 closings. The median sale price for a condo/co-op increased to $904,500 from the median sales price in Q3 2022, which was $849,000. The average days on the market (DOM) for condo/co-op residential homes was 55; which was an increase from 44 days in Q3 2022.
September 7, 2023 (Greenwich, CT) - The Greenwich Association of REALTORS® announces the statistics for home sales for the month of August 2023 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 64 single-family residential closings reported across all areas of Greenwich during the month of August 2023. This figure decreased 13.5% as compared to August 2022 when there were 74 closings. The Median Sale Price for a single-family home decreased 3% to $2,617,250 from the median sales price in August 2022, which was $2,700,000. The average Days On Market (DOM) for residential homes was 77 days; which was a 24% increase from 62 days in August 2022. There were 40 new single-family listings brought to the market in August 2023, which is a 23% decrease in New Listings when compared to August 2022 when there were 52. At month-end, Active single-family inventory totaled 139 units, which is a 42.6% decrease from August 2022 when there were 242 units available. Condominium and Co-op Sales There were 20 condo/co-op residential closings reported across all areas of Greenwich during the month of August 2023. This figure decreased 9% as compared to August 2022 when there were 22 closings. The Median Sale Price for a condo/co-op increased 7.4% to $912,500 from the median sales price in August 2022, which was $849,500. The average Days On Market (DOM) for condo/co-op residential homes was 43, which was just over a 10% decrease from 48 days in August 2022. There were 13 new condo/co-op units brought to the market in August 2023, which is a 45.8% decrease in new listings when compared to August 2022 when there were 24 units added. At month-end, Active condo/co-op inventory totaled 35 units, which is a 47.8% decrease from August 2022 when there were 67 units available. "In terms of activity on a more local level, Cos Cob saw the greatest percentage increase in sales throughout August 2023 as compared to both the month and year prior with 14 Single Family unit sales for the month, as compared to 6 unit sales in both July 2023 and August 2022. This represents a 133% increase for the month of August, however Single Family unit sales for Cos Cob are still down 18.3% YTD, but that trends slightly ahead of the 21.9% decrease YTD for SF unit sales across all areas of Greenwich.” stated Bryan Tunney, 2023 President of the Greenwich Association of REALTORS®. “This decrease in unit sales year to date is directly attributed to the lack of inventory. As of the end of August, there is 2.2 months supply of inventory. This is among the lowest recorded inventory for the Town of Greenwich, and represents an 18.9% decrease from the previous month, and a 33.6% decrease from August 2022.”
August 7, 2023 (Greenwich, CT) - The Greenwich Association of REALTORS® announces the statistics for home sales for the month of July 2023 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 59 single-family residential closings reported across all areas of Greenwich during the month of July 2023. This figure decreased 20% as compared to July 2022 when there were 74 closings. The Median Sale Price for a single-family home decreased 8.6% to $2,195,000 from the median sales price in July 2022, which was $2,402,500. The average Days On Market (DOM) for residential homes was 91 days; which was a 75% increase from 62 days in July 2022. There were 55 new single-family homes brought to the market in July 2023, which is a 15.3% decrease in New Listings when compared to July 2022 when there were 65. At month-end, Active single-family inventory totaled 156 units, which is a 40.2% decrease from July 2022 when there were 261 units available. Condominium and Co-op Sales There were 13 condo/co-op residential closings reported across all areas of Greenwich during the month of July 2023. This figure decreased 7% as compared to July 2022 when there were 14 closings. The Median Sale Price for a condo/co-op increased 2.3% to $815,000 from the median sales price in July 2022, which was $796,000.. The average Days On Market (DOM) for condo/co-op residential homes was 22, which was a 35.2% decrease from 34 days in July 2022. There were 11 new condo/co-op units brought to the market in July 2023, which is a 60.7% decrease in new listings when compared to July 2022 when there were 28 units added. At month-end, Active condo/co-op inventory totaled 39 units, which is a 23.5% decrease from July 2022 when there were 68 units available. "July 2023 saw a total dollar volume decrease of 20% to $166,689,372 for Single Family Homes across all areas as compared to July 2022. This brings the year-to-date total dollar volume to $958,875,787, which represents a 30.6% decrease for the same period the year prior. Low inventory continues to be a driver for the decrease in unit sales, however significant buyer demand still exists,” stated Bryan Tunney, 2023 President of the Greenwich Association of REALTORS®.
July 6, 2023 (Greenwich, CT) - The Greenwich Association of REALTORS® announces the statistics for home sales for the month of June 2023 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 77 single-family residential closings reported across all areas of Greenwich during the month of June 2023. This figure increased 11.59% as compared to June 2022 when there were 69 closings. The Median Sale Price for a single-family home increased 1.27% to $2,550,000 from the median sales price in June 2022, which was $2,518,000. The average Days On Market (DOM) for residential homes was 88 days; which was a 41.94% increase from 62 days in June 2022. There were 58 new single-family homes brought to the market in June 2023, which is a 49.1% decrease in New Listings when compared to June 2022 when there were 110. At month-end, Active single-family inventory totaled 167 units, which is a 35% decrease from June 2022 when there were 257 units available. Condominium and Co-op Sales There were 16 condo/co-op residential closings reported across all areas of Greenwich during the month of June 2023. This figure decreased 33.33% as compared to June 2022 when there were 24 closings. The Median Sale Price for a condo/co-op increased 22.51% to $1,075,000 from the median sales price in June 2022, which was $877,500. The average Days On Market (DOM) for condo/co-op residential homes was 41, which was a 51.19% decrease from 84 days in June 2022. There were 23 new condo/co-op units brought to the market in June 2023, which is a 37.84% decrease in new listings when compared to June 2023 when there were 37 units added. At month-end, Active condo/co-op inventory totaled 51 units, which is a 19% decrease from June 2022 when there were 63 units available. "June 2023 saw a total dollar volume increase of 11.59% to $246,659,855 for Single Family Homes across all areas as compared to June 2022. This brings the year-to-date total dollar volume to $792,186,415, which represents a 22.9% decrease for the same period the year prior. This low inventory environment coupled with continued demand signals that it’s still a great time to sell,” stated Bryan Tunney, 2023 President of the Greenwich Association of REALTORS®.
June 1, 2023 (Greenwich, CT) - The Greenwich Association of REALTORS® announces the statistics for home sales in The Town of Greenwich, CT for the month of May 2023. There were 50 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 May 2022 when there were 59 closings. The median sale price for a single-family home decreased to $2,799,000 from the median sales price in May 2022, which was $3,109,500. The average days on the market (DOM) for residential homes was 127 days; which was an increase from 92 days in May 2022. There were 13 condo/co-op residential closings reported during this time period; which was a decrease from May 2022 when there were 21 closings. The median sale price for a condo/co-op decreased to $875,000 from the median sales price in May 2022, which was $1,425,000. The average days on the market (DOM) for condo/co-op residential homes was 37, which was a decrease from 109 days in May 2022.
May 5, 2023 (Greenwich, CT) - The Greenwich Association of REALTORS® announces the statistics for home sales in The Town of Greenwich, CT for the month of April 2023. There were 41 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 April 2022 when there were 62 closings. The median sale price for a single-family home increased to $2,495,000 from the median sales price in April 2022, which was $2,153,500. The average days on the market (DOM) for residential homes was 74 days; which was a decrease from 110 days in April 2022. There were 15 condo/co-op residential closings reported during this time period; which was a decrease from April 2022 when there were 19 closings. The median sale price for a condo/co-op decreased to $825,000 from the median sales price in April 2022, which was $900,000. The average days on the market (DOM) for condo/co-op residential homes was 27; which was a decrease from 69 days in April 2022.
April 5, 2023 (Greenwich, CT) - The Greenwich Association of REALTORS® announces the statistics for home sales in The Town of Greenwich, CT for the month of March 2023. There were 39 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 March 2022 when there were 53 closings. The median sale price for a single-family home increased to $2,500,500 from the median sales price in March 2022, which was $2,250,000. The average days on the market (DOM) for residential homes was 93 days; which was a decrease from 152 days in March 2022. There were 25 condo/co-op residential closings reported during this time period; which was an increase from March 2022 when there were 24 closings. The median sale price for a condo/co-op increased to $900,000 from the median sales price in March 2022, which was $772,000. The average days on the market (DOM) for condo/co-op residential homes was 75; which was a decrease from 94 days in March 2022.
April 3, 2023 (Greenwich, CT) - The Greenwich Association of REALTORS® announces the 2023 First Quarter statistics for home sales in The Town of Greenwich, CT. There were 84 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 Q1 2022 when there were 142 closings. The median sale price for a single-family home decreased to $2,517,750 from the median sales price in Q1 2022, which was $2,525,000. The average days on the market (DOM) for residential homes was 104 days; which was a decrease from 137 days in Q1 2022. There were 54 condo/co-op residential closings reported during this time period; which was an increase from Q1 2022 when there were 49 closings. The median sale price for a condo/co-op increased to $817,500 from the median sales price in Q1 2022, which was $716,000. The average days on the market (DOM) for condo/co-op residential homes was 81; which was a decrease from 119 days in Q1 2022.
March 6, 2023 (Greenwich, CT) - The Greenwich Association of REALTORS® announces the statistics for home sales in The Town of Greenwich, CT for the month of February 2023. There were 15 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 February 2022 when there were 39 closings. The median sale price for a single-family home decreased to $2,376,000 from the median sales price in February 2022, which was $2,700,000. The average days on the market (DOM) for residential homes was 144 days; which was a decrease from 166 days in February 2022. There were 17 condo/co-op residential closings reported during this time period; which was an increase from February 2022 when there were 12 closings. The median sale price for a condo/co-op increased to $700,000 from the median sales price in February 2022, which was $695,500. The average days on the market (DOM) for condo/co-op residential homes was 68; which was a decrease from 56 days in February 2022.
February 6, 2023 (Greenwich, CT) - The Greenwich Association of REALTORS® announces the statistics for home sales in The Town of Greenwich, CT for the month of January 2023. There were 30 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 January 2022 when there were 50 closings. The median sale price for a single-family home increased to $2,567,500 from the median sales price in January 2022, which was $2,500,000. The average days on the market (DOM) for residential homes was 98 days; which was the same from 98 days in January 2022. There were 12 condo/co-op residential closings reported during this time period; which was a decrease from January 2022 when there were 13 closings. The median sale price for a condo/co-op increased to $853,000 from the median sales price in January 2022, which was $725,000. The average days on the market (DOM) for condo/co-op residential homes was 90; which was an increase from 79 days in January 2022.
January 10, 2023 (Greenwich, CT) - The Greenwich Association of REALTORS® announces the 2022 Fourth Quarter statistics for home sales in The Town of Greenwich, CT. There were 101 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 Q4 2021 when there were 172 closings. The median sale price for a single-family home increased to $2,375,000 from the median sales price in Q4 2021, which was $2,231,250. The average days on the market (DOM) for residential homes was 61 days; which was a decrease from 113 days in Q4 2021. There were 57 condo/co-op residential closings reported during this time period; which was a decrease from Q4 2021 when there were 55 closings. The median sale price for a condo/co-op decreased to $785,000 from the median sales price in Q4 2021, which was $850,000. The average days on the market (DOM) for condo/co-op residential homes was 60; which was a decrease from 119 days in Q4 2021.
January 5, 2022 (Greenwich, CT) - The Greenwich Association of REALTORS® announces the statistics for home sales in The Town of Greenwich, CT for the month of December 2022. There were 34 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 December 2021 when there were 77 closings. The median sale price for a single-family home decreased to $2,072,500 from the median sales price in December 2021, which was $2,085,000. The average days on the market (DOM) for residential homes was 82 days; which was a decrease from 120 days in December 2021. There were 21 condo/co-op residential closings reported during this time period; which was an increase from December 2021 when there were 18 closings. The median sale price for a condo/co-op decreased to $605,000 from the median sales price in December 2021, which was $745,000. The average days on the market (DOM) for condo/co-op residential homes was 53; which was a decrease from 131 days in December 2021. Pending sales as of Wednesday, January 18th for Single Family homes were 35 and 9 for Condo/Co-Op sales.
