Damn lies? Nah, statistics.

Brother Gideon has graciously shared the most recent - November 15 — market analysis prepared by his Manager at Hooligan & Lawyers, David Huffinpuffer. The documents are scanned, and so they’re a bit hard to read unless expanded, but here are the two takeaways that caught my eye:

Units sold: Although the median price has increased, the decline in actual sles has plummeted from 1007 in 2021, to 637 (down 37%) in 2022, and so far this year, just 474. We still have six weeks to go, but with Thanksgiving and Christmas coming on, its unlikely we’ll see even 2022’s numbers.

Buyers previous address: Town of Greenwich, 54%; NYC, 17%; Fairfield County, 6%; Out of area (other states and International), 9%. Huffinpuffer points out, as I have also noted in previous posts, that a large number of NYC Panicdemic refugees rented in town during 2020-23, and have decided to stay, so the number of “true” Greenwich buyers is probably lower than stated, and the NYC contingent higher.

(In view of the fact that I’m using Huffinpuffer’s labor for this post, it would be ungrateful of me not to mention that Houlihan participated — represented seller, or buyer, or both — of 32% of this year’s home sales.)