June Closings

The residential Spring Market in Greenwich continues to attract  buyers, with sales only off slightly from the year prior.  At open houses we are seeing a lot more traffic from New York buyers who are not quite ready to buy. Year-to-date sales volume is down 1%, with the median sales price up 5% to $1.575 million and the average sales price up 6% to $2.18 million according to the Greenwich Multiple Listing Service. The average headlines reflect a lot of variability. Click on the Closings Report link below for some details.
Townwide in June:
  • The number of residential sales was down 13% as compared to the year prior.
  • Condominium sales were up notably over the prior year.
  • The average residential sales price was up 2% to over $2,229,100
  • The average single family sales price was up 5% to $2,612,000
  • In a shift, less than 50% of the closings traded for less than $2 million.
  • The $2-$4 million price range saw a surge to 38.7% of number of single family sales.
  • Again, Parkway had the largest share of single family sales volume.
  • North Street had the highest average single family sales price of $3.8 million.

June 2018 Closings Report

It was a relatively quiet week this week with the mid-week holiday and hot summer weather beckoning people to the beaches and pools as opposed to home tours.

 

Mary-Stuart G Freydberg
Your Real Estate Matters
20 years professional real estate advice
Mary Stuart g Freydberg

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