Is Greenwich, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Greenwich has remained a Seller's Market.
Housing Prices in Greenwich, NY
How much do homes in Greenwich, NY cost?
Median Sold Price
$245,000
$151/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Greenwich was $245,000 in March 2024, down 1.5% from last year, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $362.5K | $166.2K | -54.1% |
2 Bedrooms | $185K | $194.5K | +5.1% |
3 Bedrooms | $249.9K | $237.7K | -4.9% |
4 Bedrooms | $251K | $305K | +21.5% |
5+ Bedrooms | $191.5K | $280K | +46.2% |
Summary: Greenwich housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 54.1%, 2 bedroom homes increased by 5.1%, 3 bedroom homes decreased by 4.9%, 4 bedroom homes increased by 21.5%, and 5+ bedroom homes increased by 46.2%.
Housing Supply in Greenwich, NY
How many homes are available in Greenwich, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
17 | 16 | -5.9% |
Summary: The Greenwich real estate market had 16 homes for sale in March 2024, a 5.9% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 6 | 3 | -50.0% |
4 Bedrooms | 7 | 7 | 0.0% |
5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Greenwich housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 3 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Greenwich in March 2024, the same as the previous 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 Greenwich, NY
How long does it take to sell a home in Greenwich, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
51 Days | 36 Days | -29.4% |
Summary: Homes in Greenwich had an average of 36 days on market in Mar 2024, down by 29.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 3 homes were sold in Greenwich; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.