Oct 17, 2013.
Single family home sales on the Greenwich MLS are up 10.7% as of September Year-to-Date with a total of 497 sold vs. YTD 2012 of 449. The average selling price YTD for a single family home was $2,111,827 and the median selling price is $1,670,000.
Total rental YTD are down 23.5% from a high YTD in 2012 of 655 down 2013 YTD to 501.
The market is continuing to grow with new listings Year–to-date up 3.72% with a total of 2,538 new listings on the Greenwich MLS.
Currently on the GMLS there are 523 single family homes for sale ranging in price from $487,000 up to $140 million for a 50 acre waterfront estate. Along with that there are 112 Condos and Co-ops currently listed on the GMLS ranging in price from $195,000 up to $5.49 million.
Greenwich, Connecticut is the southernmost and western most municipalities in Connecticut and is a 38+ minute Metro North train (express) ride to Grand Central Terminal in Manhattan. The total area is 67.2 square miles with 47.8 sq. mi being land and 19.4 sq. mi being water with a population of 61,171 (2010 census). Greenwich is made up of 5 zip codes:-
06830 ~ Greenwich
06831 ~ Glenville
06870 ~ Old Greenwich
06878 ~ Riverside
06807 ~ Cos Cob
Median Price: is half are below, half are above
Average Price: are all sold prices are added together into a sum; the sum is then divided by the number of houses that sold.
*The statistics presented are compiled on figures and data generated by GREENWICH MLS. Due to possible reporting inconsistencies. Property and statistical data is derived from GREENWICH MLS is solely for your personal, non-commercial use in buying or selling a property and is deemed reliable but not guaranteed and should be verified. All representations and warranties regarding the information are disclaimed. Reproduction or any other use is prohibited.
David Popoff is a license Connecticut Real Estate Broker specializing in Sustainability in lower Fairfield County, Connecticut.
DMK Property Management llc a locally owned company serving lower Fairfield County, Connecticut.
Specializing in Residential Property Management that can custom tailor a program to fit the homeowners needs be it short term or long term from rental management to full estate management.