$37,500
12.30 Acres
Land
Kelly Patrone, Listing Office: Howard Hanna Professionals
Is Greenwich, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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, NY
How much do homes in Greenwich, NY cost?
Median Sold Price
$265,000
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$34,500(+15.0%)
Key Takeaway
Homes in Greenwich have sold for 15% more than they did a year ago.
Summary: The median home sold price in Greenwich was $265,000 in October 2024, up 15% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $190K | $220K | +15.8% |
| 2 Bedrooms | $180K | $234.4K | +30.3% |
| 3 Bedrooms | $229.9K | $307.5K | +33.8% |
| 4 Bedrooms | $320K | $262.5K | -18.0% |
| 5+ Bedrooms | $308.5K | $275K | -10.9% |
Summary: Greenwich housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.8%, 2 bedroom homes increased by 30.3%, 3 bedroom homes increased by 33.8%, 4 bedroom homes decreased by 18%, and 5+ bedroom homes decreased by 10.9%.
Median Sold Price Compared To Nearby Cities
| Easton | $262K | $314K | +19.8% |
| Greenwich | $230.5K | $265K | +15.0% |
Housing Supply in Greenwich, NY
How many homes are available in Greenwich, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 29 | 25 | -13.8% |
Summary: The Greenwich real estate market had 25 homes for sale in October 2024, a 13.8% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 17 | 15 | -11.8% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
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 decreased by 50%, 3 bedroom homes decreased by 11.8%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 6 | +50.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 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 6 homes were sold or pending in Greenwich in October 2024, up by 50.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for Greenwich, NY
How long does it take to sell a home in Greenwich, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 39 Days | 34 Days | -12.6% |
Summary: Homes in Greenwich had an average of 34 days on market in Oct 2024, down by 12.6% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 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, 6 homes were sold in Greenwich; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
The data relating to real estate on this website comes in part from the Internet Data Exchange program of the Global MLS (GMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.