Greenwich, CT Real Estate Market Report – August 2023

Monthly update on residential property sales activity in Greenwich, CT

Single-Family Home Sales Trends in Greenwich, CT

Single-family Residential Closings

64

-14% vs. Aug. 2022

Median Sale Price of Single-family Home

$2,617,250

-3% vs. Aug. 2022

Average Days on Market for Single-family Home

77

+24% vs. Aug. 2022

New Single-family Homes on Market

40

-23% vs. Aug. 2022

Active Inventory of Single-family Homes

139

-43% vs. Aug. 2022

List Price to Sale Price Ratio for Single-family Homes

98.8%

Condo/Co-op Sales Trends in Greenwich, CT

Condo/Co-op Residential Closings

20

-9% vs. Aug. 2022

Median Sale Price of Condo/Co-op Home

$912,000

+7% vs. July 2022

Average Days on Market for Condo/Co-op Home

43

-10% vs. Aug. 2022

New Condo/Co-op Homes on Market

13

-46% vs. Aug. 2022

Active Inventory of Condo/Co-op Homes

35

-48% vs. Aug. 2022

List Price to Sale Price Ratio for Condo/Co-op Homes

101.3%

All data courtesy of Greenwich Association of REALTORS® .

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