Rental Market Continues Gentle Lift

The rental market in Greater Greenwich continues a gentle four year lift in number of leases and average lease rates. In 2016 there were 808 rentals with an average lease rate of $5,500 per month. Of those leased, 45% were single family, 25% were condominiums, 15% were multi-family units, and 11% were apartments. Single family … Continue reading Rental Market Continues Gentle Lift

Tapering Rental Market

The Greenwich single family rental market, unlike the sales market, exhibits strength through July and August as summer rentals and school year commencements drive timing. It begins to taper in  Autumn.  The bell curve for rentals is relatively smooth for single family rentals when looking at Greater Greenwich. which includes Greenwich, Cos Cos, Riverside and … Continue reading Tapering Rental Market