Numbers Game

December 5, 2024 (Greenwich, CT) - The Greenwich Association of REALTORS® announces the statistics for home sales for the month of November 2024 according to figures provided by the Greenwich Multiple Listing Service, Inc. The Greenwich MLS and greenwich.realestate is the most accurate and comprehensive resource of active inventory and property listing data across all five zip codes of the Town of Greenwich.   

Single-Family Home Sales

There were 39 single-family residential closings reported across all areas of Greenwich during the month of November 2024. This was a decrease, compared to November 2023 when there were 40 closings. 

The Median Sale Price for a single-family home increased 13.03% to $2,255,000 from the median sales price in November 2023, which was $1,995,000.

The average Days On Market (DOM) for residential homes was 65 days; which was a 17.72% decrease from 79 days in November 2023.

There were 14 new single-family listings brought to the market in November 2024, which is a 48.15% decrease in New Listings when compared to November 2023 when there were 27. At month-end, Active single-family inventory totaled 131 units, which is a 12.7% decrease from November 2023 when there were 150 units available. [bolding added]