$8,000,000
12,456 SqFt
6 Beds
•7 Full Baths, 2 Partial
Todd Auslander, Listing Office: Keller Williams Prestige Prop.
Is Greenwich, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Greenwich was a Seller's Market.
Key Takeaway
Greenwich is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Greenwich, CT
How much do homes in Greenwich, CT cost?
Median Sold Price
$1,556,014
$587/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$33,985(-2.1%)
Key Takeaway
Homes in Greenwich have sold for 2.1% less than they did a year ago.
Summary: The median home sold price in Greenwich was $1,556,014 in October 2024, down 2.1% from last year, and the median price per square foot was $587.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $450K | $422.5K | -6.1% |
| 2 Bedrooms | $740K | $825K | +11.5% |
| 3 Bedrooms | $1.1M | $1.2M | 0.4% |
| 4 Bedrooms | $1.6M | $1.8M | +7.0% |
| 5+ Bedrooms | $3.2M | $3.1M | -2.3% |
Summary: Greenwich housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.1%, 2 bedroom homes increased by 11.5%, 3 bedroom homes increased by 0.4%, 4 bedroom homes increased by 7%, and 5+ bedroom homes decreased by 2.3%.
Median Sold Price Compared To Nearby Cities
| Port Chester | $640K | $750K | +17.2% |
| Cos Cob | $1.4M | $1.7M | +16.6% |
| Rye Brook | $932.5K | $999.9K | +7.2% |
| Greenwich | $1.5M | $1.5M | -2.1% |
| Riverside | $2.5M | $1.8M | -27.1% |
Housing Supply in Greenwich, CT
How many homes are available in Greenwich, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 118 | 130 | +10.2% |
Summary: The Greenwich real estate market had 130 homes for sale in October 2024, a 10.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 11 | 11 | 0.0% |
| 3 Bedrooms | 29 | 31 | +6.9% |
| 4 Bedrooms | 24 | 23 | -4.2% |
| 5+ Bedrooms | 50 | 61 | +22.0% |
Summary: The Greenwich housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 6.9%, 4 bedroom homes decreased by 4.2%, and 5+ bedroom homes increased by 22%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 20 | 0.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Greenwich, you may be able to get a good deal. 55% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in Greenwich in October 2024, the same as the previous month. Of the 20 sold homes, 55% were sold under asking, 10% were sold at asking, and 35% were sold over asking.
Days on Market for Greenwich, CT
How long does it take to sell a home in Greenwich, CT?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 45 Days | 25 Days | -44.4% |
Summary: Homes in Greenwich had an average of 25 days on market in Oct 2024, down by 44.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Greenwich are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 20 homes were sold in Greenwich; 10% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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