September Statistics From the GAR

Greenwich Association of Realtors

There were 56 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 September 2021 when there were 81 closings. The median sale price for a single-family home increased to $2,100,000 from the median sales price in September 2021, which was $2,025,000.

The average days on the market (DOM) for residential homes was 67 days; which was a decrease from 103 days in September 2021.

There were 9 condo/co-op residential closings reported during this time period; which was a decrease from September 2021 when there were 23 closings. 

The median sale price for a condo/co-op increased to $875,000 from the median sales price in September 2021, which was $700,000. 

The average days on the market (DOM) for condo/co-op residential homes was 47; which was a decrease from 170 days in September 2021.

The old inventory’s being sold off:

And fewer buyers are out there looking, now