$10,000 Closing Credit*
$1,450,000
1,200 SqFt
2 Beds
•2 Full Baths
Agi Zwierz, Listing Office: William Raveis Real Estate
Is Greenwich, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Greenwich has remained a Seller's Market.
Key Takeaway
Greenwich is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Greenwich, CT
How much do homes in Greenwich, CT cost?
Median Sold Price
$1,487,500
$600/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$95,000(-6.0%)
Key Takeaway
Homes in Greenwich have sold for 6% less than they did a year ago.
Summary: The median home sold price in Greenwich was $1,487,500 in November 2024, down 6% from last year, and the median price per square foot was $600.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $410K | $422.5K | +3.0% |
| 2 Bedrooms | $745K | $815K | +9.4% |
| 3 Bedrooms | $1.2M | $1.1M | -2.1% |
| 4 Bedrooms | $1.7M | $1.7M | +5.1% |
| 5+ Bedrooms | $3.2M | $3.1M | -4.4% |
Summary: Greenwich housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3%, 2 bedroom homes increased by 9.4%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes decreased by 4.4%.
Median Sold Price Compared To Nearby Cities
| Port Chester | $638.7K | $757K | +18.5% |
| Rye Brook | $932.5K | $999.4K | +7.2% |
| Greenwich | $1.5M | $1.4M | -6.0% |
| Riverside | $2.4M | $1.9M | -20.9% |
Housing Supply in Greenwich, CT
How many homes are available in Greenwich, CT?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 127 | 109 | -14.2% |
Summary: The Greenwich real estate market had 109 homes for sale in November 2024, a 14.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 3 | -25.0% |
| 2 Bedrooms | 11 | 10 | -9.1% |
| 3 Bedrooms | 30 | 20 | -33.3% |
| 4 Bedrooms | 22 | 19 | -13.6% |
| 5+ Bedrooms | 60 | 57 | -5.0% |
Summary: The Greenwich housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 9.1%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 13.6%, and 5+ bedroom homes decreased by 5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 20 | 26 | +30.0% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Greenwich, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.
Summary: A total of 26 homes were sold or pending in Greenwich in November 2024, up by 30.0% month-over-month. Of the 26 sold homes, 46% were sold under asking, 8% were sold at asking, and 46% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 52 Days | 102 Days | +94.6% |
Summary: Homes in Greenwich had an average of 102 days on market in Nov 2024, up by 94.6% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Greenwich has remained consistent over time.
Summary: During November 2024, 26 homes were sold in Greenwich; 0% of homes were sold within 30 days, 4% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
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