Greenwich, CT Real Estate Market Report – May 2024

Monthly update on residential property sales activity in Greenwich, CT

Single-Family Home Sales Trends in Greenwich, CT

Single-family Residential Closings

46

-8% vs. May 2023

Median Sale Price of Single-family Home

$2,938,150

+5% vs. May 2023

Average Days on Market for Single-family Home

53

-58% vs. May 2023

New Single-family Homes on Market

101

+20% vs. May 2023

Active Inventory of Single-family Homes

179

-11% vs. May 2023

List Price to Sale Price Ratio for Single-family Homes

101.0%

+1% vs. May 2023

Condo/Co-op Sales Trends in Greenwich, CT

Condo/Co-op Residential Closings

18

+38% vs. May 2023

Median Sale Price of Condo/Co-op Home

$1,227,500

+40% vs. May 2023

Average Days on Market for Condo/Co-op Home

89

+141% vs. May 2023

New Condo/Co-op Homes on Market

18

-14% vs. May 2023

Active Inventory of Condo/Co-op Homes

41

-16% vs. May 2023

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

102.4%

All data courtesy of Greenwich Association of REALTORS® .

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