Greenwich Real Estate Market Report Fall ~ Nov. 2015.
November 12th, 2015
For the month of October in Greenwich, Connecticut 42 single family homes sold with an average sold price of $2,527,490.
For the three months ending October 2015 149 single family homes sold compared to same time in 2014 of 148.
A few other statistics for the2015 three month period ending in October are:
- Home’s average square footage was 4,353.
- Average Sold price to List Price 95%.
- Average sold price per square foot $595.
- Cumulative Days On Market average 172.
The average price for the 2015 three months period was $2,599,322 up from the 2014 average price of $2,508,393. The average size home in 2014 for those three months was 4,033 square feet with an average Cumulative Days On Market of 137.
Currently on the Greenwich MLS there are 572 single family homes for sale that is 11.4 months of housing supply. Currently there are an additional 111 co-ops & condominiums listed on the Greenwich MLS. Single family homes currently for sale range from $419,000 all the way up to $65 million. Condominiums/Co-ops range from $299,000 up to $5.75 million.
Greenwich, Connecticut is the southernmost and western most municipalities in Connecticut and is a 38+ minute Metro North train (express) ride to Grand Central Terminal in Manhattan. The total area is 67.2 square miles with 47.8 sq. mi being land and 19.4 sq. mi being water with a population of 61,171 (2010 census). Greenwich is made up of 5 zip codes:-
06830 ~ Greenwich
06831 ~ Glenville
06870 ~ Old Greenwich
06878 ~ Riverside
06807 ~ Cos Cob
Median Price: is half are below, half are above
Average Price: are all sold prices are added together into a sum; the sum is then divided by the number of houses that sold.
For more information on Home Trends in Fairfield County, Connecticut contact DMK Real Estate. DMK providing step by step real estate assistance for buyers, sellers, builders, landlords and tenants.
*The statistics presented are compiled on figures and data generated by GREENWICH MLS. Due to possible reporting inconsistencies. Property and statistical data is derived from GREENWICH MLS is solely for your personal, non-commercial use in buying or selling a property and is deemed reliable but not guaranteed and should be verified. All representations and warranties regarding the information are disclaimed. Reproduction or any other use is prohibited.
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