22 Jan Greenwich Real Estate Market Report – December 2018
The Greenwich Association of REALTORS® announces the statistics for home sales in The Town of Greenwich, CT for the month of December 2018.
There were 50 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 December 2017 when there were 52 closings in December. The median sale price for a single-family home decreased to $1,487,500 from $1,935,500 the median sales price in December 2017.
The average days on the market (DOM) for residential homes was 250 days; which was a decrease from 298 days in December 2017.
There were 23 condo/co-op residential closings reported during this time period; which was an increase from December 2017 when there were 12 closings.
The median sale price for a condo/co-op increased to $685,000 from $600,000 the median sales price in December 2017.
The average days on the market (DOM) for condo/co-op residential homes was 254; which was an increase from 142 days in December 2017.
If you have any questions about the market and or are considering buying, selling, or renting in CT/NY feel free to contact Remy of The Metalios Group.
The Metalios Group
(of William Raveis Real Estate)
189 Sound Beach Avenue
Old Greenwich, CT 06870
Licensed in CT & NY