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