Statistics from the GAR

July 8, 2021 (Greenwich, CT) - The Greenwich Association of REALTORS® announces the statistics for home sales in The Town of Greenwich, CT for the month of June 2021.

There were 134 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 increased compared to June 2020 when there were 77 closings. The median sale price for a single-family home decreased to $2,400,000 from the median sales price in June 2020, which was $2,975,000.

The average days on the market (DOM) for residential homes was 116 days; which was a decrease from 327 days in June 2020.

There were 30 condo/co-op residential closings reported during this time period; which was an increase from June 2020 when there were 16 closings.

The median sale price for a condo/co-op increased to $780,000 from the median sales price in June 2020, which was $698,750.

The average days on the market (DOM) for condo/co-op residential homes was 86; which was a decrease from 118 days in June 2020.

"June 2021 had one hundred thirty-five residential closings; a seventy-five percent increase from June 2020 when there were seventy-seven closings. Greenwich was the sector in town with the most closings, ending June with seventy-eight sales; an eighty-five percent increase from June 2020 when there were forty-two closings. Condo/Co-Op sales had thirty closings in June 2021; an eighty-seven percent increase from June 2020 when there were sixteen closings. The Dollar Volume for Single Family homes, June 2021 is $383,023,530. There were sixty-four Single Family Price Reductions for June 2021 with a median price change of $128,000. The Dollar Volume for Condo/Co-Op homes, May 2021 is $28,890,000,” stated John McAtee, 2021 President of the Greenwich Association of REALTORS®.