Is Greenwich, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 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
$1,700,000
$602/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Greenwich have sold for 8.3% more than they did a year ago.
Summary: The median home sold price in Greenwich was $1,700,000 in June 2024, up 8.3% from last year, and the median price per square foot was $602.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $440K | $420K | -4.5% |
| 2 Bedrooms | $740K | $805K | +8.8% |
| 3 Bedrooms | $1.1M | $1.1M | +1.1% |
| 4 Bedrooms | $1.7M | $1.8M | +5.6% |
| 5+ Bedrooms | $3.1M | $3.3M | +5.5% |
Summary: Greenwich housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.5%, 2 bedroom homes increased by 8.8%, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 5.5%.
Median Sold Price Compared To Nearby Cities
| Cos Cob | $1.3M | $1.7M | +30.4% |
| Port Chester | $605K | $710K | +17.4% |
| Greenwich | $1.5M | $1.7M | +8.3% |
| Rye Brook | $912.7K | $952.5K | +4.4% |
| Riverside | $2.2M | $2.2M | +1.0% |
Housing Supply in Greenwich, CT
How many homes are available in Greenwich, CT?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 104 | 106 | +1.9% |
Summary: The Greenwich real estate market had 106 homes for sale in June 2024, a 1.9% increase compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 3 | -25.0% |
| 2 Bedrooms | 6 | 4 | -33.3% |
| 3 Bedrooms | 24 | 31 | +29.2% |
| 4 Bedrooms | 30 | 33 | +10.0% |
| 5+ Bedrooms | 40 | 35 | -12.5% |
Summary: The Greenwich housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 29.2%, 4 bedroom homes increased by 10%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 19 | 26 | +36.8% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
1 Home Was 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. 50% of homes here sold below asking price last month.
Summary: A total of 26 homes were sold or pending in Greenwich in June 2024, up by 36.8% month-over-month. Of the 26 sold homes, 50% were sold under asking, 4% were sold at asking, and 46% were sold over asking.
Days on Market for Greenwich, CT
We’re sorry, we don't have information for this market at the moment
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