Greenwich CT Market Report

If you would like to analyze a specific segment of the market, such as your neighborhood or a group of nearby neighborhoods, you can create a custom market report here.

Have questions about the market? I am always happy to help. Call me at 203-952-7752.

The graphs below are created from SmartMLS data and are updated automatically every month. To see the data for the previous month, hover over the rightmost point on the line graph.

Median Sales Price Graph

The median sales price represents the midpoint of all homes sold during the month. Half of the homes sold for more than this price and half sold for less. Because it focuses on the middle of the market, it helps reduce the impact of unusually high or low sales.

Average Sales Price Graph

The average sales price is calculated by adding together the sale prices of all homes sold during the month and dividing by the total number of sales. This number can be influenced by very high or very low sales, but it helps illustrate overall price trends in the market.

Median Percent of Sales Price Graph

This metric shows the relationship between the final sale price and the original list price. For example, a value of 100 percent means homes sold exactly at their asking price, while values above or below 100 percent indicate whether buyers typically paid above or below asking.

Months of Supply Graph

Months of supply measures how long the current inventory of homes would last if no new homes came on the market. In theory, if no additional homes were listed for sale, this number represents how many months it would take for the existing inventory to sell at the current pace of buyer demand.

Homes for Sale Graph

This graph shows the number of homes that were actively listed for sale at the end of each month. It provides a snapshot of how much inventory buyers had to choose from at that moment in time.

Pending Sales Graph

This graph shows the number of homes that were under contract at the end of each month. A pending sale means the buyer and seller have agreed to terms, but the transaction has not yet closed.

Closed Sales Graph

This graph shows the number of homes that officially closed during the month. A closed sale means the transaction has been completed and ownership of the property has transferred to the buyer.

]

Median Days on Market Graph

Median days on market measures the typical amount of time it takes for a home to go from being listed for sale to going under contract. Using the median helps provide a clearer picture by reducing the impact of unusually fast or slow sales.