Uncategorized August 11, 2022

July 2022 Market stats Greenwich, CT

The Greenwich Association of REALTORS® announces the statistics for home sales in The Town of Greenwich, CT for the month of July 2022.

There were 74 single-family residential closings reported during this period according to figures provided by The Greenwich Multiple Listing Service, Inc., the multiple listing service used by REALTORS® in the Greenwich area.

The number of single-family residential closings decreased compared to July 2021 when there were 143 closings. The median sale price for a single-family home decreased to $2,402,500 from the median sales price in July 2021, which was $2,475,000.

The average days on the market (DOM) for residential homes was 52 days; which was a decrease from 79 days in July 2021.