Greenwich, Ct. Real Estate Market Report April 2013.

April 30^th, 2013.

Currently the Greenwich Multiple Listing Service, GMLS, is reporting 539 single family homes listed for sale in Greenwich, Ct. The prices range of these homes range from $449,000 for a one bedroom  1,141 square foot home on 0.21 acres up to a $32,995,000 seventy-five acre estate with a 15,862 square foot Elizabethan inspired Tudor Mansion.

Year to date the GMLS reported that there have been 127 single family home sales with an additional 185 homes under accepted offer and/or contracted to sell.*

To find home for rent or for sale in Greenwich, Connecticut please go to this easy to use link.

2012 Year End Rental Report for Greenwich, Ct.

Dec. 20^th, 2012.

Year to Date, Year over Year Greenwich Single Family Home Rentals Statistics.

~ For 2012 there has been 394 single family homes rented compared to 416 in 2011.

~ The average sizes of the homes are 4 bedrooms, 3 bathrooms with an average rental of $7,531 in 2012 compared to $7,160 in 2011.

~ Average days on the market for rentals in 2012 are 66 compared to 2011 of 52.

Currently on the market in Greenwich, Connecticut* there are 107 single family homes being offered for rent from a 3 bedroom, 1 bath Cottage at $2,200 up to a 5 bedroom Estate on 4.5 acres being offered at $46,000 per month. There are also many apartments, condos and multifamily units available with a starting price of around $1,500.

To view what is currently available in Greenwich please click here.

 

DMK Property Management llc offers a full range of services for the Greenwich area, please visit our website.

 

*Information provided by the Greenwich MLS.

 

David Popoff is a Connecticut license real estate agent in lower Fairfield County and is a designated “Green” Realtor at William Pitt Sotheby’s International Realty in Darien, Ct.

cell 203-228-0646

email DavidPopoffCT@hotmail.com

Greenwich, Connecticut 2nd Quarter Housing Report.

July 16, 2012.

The Greenwich MLS there has a total of 723 listing with 581 of them being single family homes which are very close to last year’s numbers for the same time period.

In the single family category prices start at $385,000 for a one bedroom, 1 bath cottage on 0.45 acres and run up to the highest priced home at $32,995,000 for a 15,862 square foot Elizabethan style Tudor home on 75.70 acres.

*Market statistics from the Greenwich MLS for single family homes show that:-

~ Year to date homes sold are down 32.38% from YTD 2011. With 252 sold YTD June 2012 compared to 305 YTD June 2011.

~ For the month of June 71 units sold down from 105 in June 2011 (-32.4%).

~ Median sales price for June $1,494,000 down 11.1% from June 2011, $1,680,000

~ Year to Date median sale price is down 11.1% from YTD June 2011 of $1,800,000 to $YTD June 2012 of $1,600,000.

With last week’s mortgage rates yet again hitting a new low and with current home prices if you are considering buying a home in Greenwich, Connecticut or lower Fairfield County please call

1st Quarter 2012 Real Estate Market Report for Greenwich, Connecticut.

April 9^th, 2012.

Currently on the Greenwich MLS there are a total of 744 listing with 574 of them being single family homes.  For the single family homes prices start at $349,000 for a 1,007 square foot ranch on 0.17 acres and going up to $26,000,000 for a 14,966 square foot home on 10.05 acres.

The William Pitt Sotheby’s Market Trend report for the 1^st Quarter of 2012 shows the Greenwich single family real estate market has adjusted downward from the same time last year with the number of homes sold down 37.11% and median sold price down 29.49% year to date. (click on picture to see larger version)

U.S. Macro Economical Trends and Fairfield County, Ct. Real Estate Market 1st Quarter, 2012.

“Supply and Demand First Quarter 2012” video with Paul Breunich describes what macro economical factors are affecting Fairfield County, Connecticut’s real estate markets for the first quarter 2011 and what we should be expecting to see in the future.  Topics covered are the Consumer Confidence Index, Gross Domestic Product ~ GDP, mortgage rates, employment and the European Economy effect.

Paul E. Breunich is President and Chief Executive Officer of William Pitt Sotheby’s International Realty and Litchfield Hills Sotheby’s International Realty in Connecticut, and Julia B. Fee Sotheby’s International Realty in New York. He is a certified public accountant and licensed real estate broker in Connecticut, New York, Rhode Island and Massachusetts.

Greenwich, Connecticut Year End Housing Statistic’s 2011.

January 19^th, 2012.

As of today in Greenwich, Connecticut there are 467 single family homes listed for sale on the Greenwich MLS with prices starting at $350,000 and going up to $39,600,000

So far in 2012 15 homes have sold, with another 66 homes with offers in place.

In 2011 524 single family homes sold between the prices of $280,000 up to $39,500,000. The median sales price was $1,655,000 down $86,500 from 2010.

 

 

GREENWICH PRICE RANGE & DOM.

Some of America’s Richest Zip Codes 2011 in Fairfield County, Connecticut.

Four towns in Fairfield County, Connecticut made Bloomberg Businessweek’s 50 richest area’s in the U.S. The Gadberry Group assembled the report by looking at all the zip codes in the US with more than 100 households and ranked them by average income and net worth of households.

The four zip codes in Fairfield County that made the top 50 are:

Darien, 06820 which came in at 36

Riverside, Greenwich, 06878 came in at 27

Weston, 06883 came in at 26

New Canaan, 06840 came in at 19.

Greenwich, Ct. High End Condo Market.

Dec 8^th, 2011

Within one block East Elm Street and Millbank Avenue in Greenwich, Connecticut there are 6 high end condominiums for sale. These custom built units are price from$2,2295,000 up to $4,595,000 with four of them built between 2004 to 2009 and two more under construction. They are all within easy walking distance to Greenwich Avenue and Metro North train station, a 45-50 minute train ride to Grand Central Station, Manhattan.