$7,119 Closing Credit*
$599,500
905 SqFt
2 Beds
•1 Full Bath
Shashi Dayal, Listing Office: Berkshire Hathaway NE Prop.
Is Old 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, Old Greenwich was a Neutral Market.
Key Takeaway
Old Greenwich is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Old Greenwich, CT
How much do homes in Old Greenwich, CT cost?
Median Sold Price
$1,650,000
$762/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$120,100(+7.9%)
Key Takeaway
Homes in Old Greenwich have sold for 7.9% more than they did a year ago.
Summary: The median home sold price in Old Greenwich was $1,650,000 in October 2024, up 7.9% from last year, and the median price per square foot was $762.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $445K | $458.7K | +3.1% |
| 2 Bedrooms | $785K | $1.4M | +79.9% |
| 3 Bedrooms | $1.5M | $1.0M | -31.6% |
| 4 Bedrooms | $1.6M | $2.2M | +33.7% |
| 5+ Bedrooms | $2.8M | $4.0M | +40.4% |
Summary: Old Greenwich housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.1%, 2 bedroom homes increased by 79.9%, 3 bedroom homes decreased by 31.6%, 4 bedroom homes increased by 33.7%, and 5+ bedroom homes increased by 40.4%.
Housing Supply in Old Greenwich, CT
How many homes are available in Old Greenwich, CT?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 16 | +6.7% |
Summary: The Old Greenwich real estate market had 16 homes for sale in October 2024, a 6.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The Old 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 increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Old Greenwich, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Old Greenwich in October 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Old Greenwich, CT
We’re sorry, we don't have information for this market at the moment
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