Single family drove the market in April with 50 sales totaling $110 million in volume, up 74% over the prior year. The average sales price of a home that closed in April this year was $2.2 million, up 4%. The average sales price of a condominium was $1.2 million, up 14% on 14 sales.
Year to date there have been 201 residential sales totaling $425 million, down 2% over the same period last year. The average sales price year to date is $2.1 million, up 3%, according to the Greenwich Multiple Listing Service. The median sales price is now over $1.5 million, up 9%. Higher priced homes are selling.
In April, single family home closings were predominantly located in the North Street Elementary School district, showing a continuing preference for Central Greenwich. Riverside contributed the largest closing for the month, a $6.3 million sale with taxes of $26,667. The nest three largest sales were in Glenville, North Street and Parkway districts.
I will be hosting an open house at 66 Gregory Road in Cos Cob tomorrow from 1:00 to 3:00PM. Come see the sun-filled colonial with open concept floor plan and pool.