Greenwich Real Estate Market Report – September 2022 Sales

October 10, 2022 4:40 pm Greenwich Real Estate Market Report – September 2022 Sales

Published on October 10, 2022 in Market Report by

 

October 5, 2022 (Greenwich, CT) – The Greenwich Association of REALTORS® announces the statistics for home sales in The Town of Greenwich, CT for the month of September 2022.

There were 56 single-family residential closings reported during this period according to figures provided by The Greenwich Multiple Listing Service, Inc., the multiple listing service used by REALTORS® in the Greenwich area.

The number of single-family residential closings decreased compared to September 2021 when there were 81 closings. The median sale price for a single-family home increased to $2,100,000 from the median sales price in September 2021, which was $2,025,000, a 3 % increase. 

The average days on the market (DOM) for residential homes was 67 days; which was a decrease from 103 days in September 2021.

There were 9 condo/co-op residential closings reported during this time period; which was a decrease from September 2021 when there were 23 closings. 

The median sale price for a condo/co-op increased to $875,000 from the median sales price in September 2021, which was $700,000. 

The average days on the market (DOM) for condo/co-op residential homes was 47; which was a decrease from 170 days in September 2021.

 

“September 2022 had fifty-six closings with a median sales price of $2,100,000; an increase of three percent, from the median sales price in September 2021, which was $2,025,000. Greenwich was the sector in town with the most closings, ending September with twenty-eight sales and a median sales price of $2,775,000; an eighteen percent increase from the median sales price in September 2021, which was $2,340,000. Condo/Co-Op sales had nine closings in September 2022 with a median sales price of $875,000; a twenty-five percent increase from the median sales price in September 2021, which was $700,000. The Dollar Volume for Single Family homes, September 2022 is $160,368,778. The Dollar Volume for Condo/Co-Op homes, September 2022 is $11,550,000,” stated Bryan Tunney, 2022 President of the Greenwich Association of REALTORS®.

The Greenwich Association of REALTORS® is the professional board of choice for the real estate industry in Greenwich. Established in 1924, the association provides professional development and services for REALTORS® and represents the concerns and interests of private property and home ownership rights. The association has over 850 members and is headquartered in Greenwich, CT.

If you have any questions about the market or are considering buying, selling, renting or investing in the area, please feel free to contact Remy of Douglas Elliman.

Remy Cook
203 – 219 – 8233

Douglas Elliman
75 Arch Street
Greenwich, CT 06830
Licensed in CT & NY 
RES. 0807125

 
Tags:
, , , ,
Print page