June sales statistics, courtesy of the Greenwich Association of Realtors

Single-Family Home Sales

There were 77 single-family residential closings reported across all areas of Greenwich during the month of June 2023. This figure increased 11.59% as compared to June 2022 when there were 69 closings. 

The Median Sale Price for a single-family home increased 1.27% to $2,550,000 from the median sales price in June 2022, which was $2,518,000.

The average Days On Market (DOM) for residential homes was 88 days; which was a 41.94% increase from 62 days in June 2022.

Here’s the part that should catch your eye:

There were 58 new single-family homes brought to the market in June 2023, which is a 49.1% decrease in New Listings when compared to June 2022 when there were 110. At month-end, Active single-family inventory totaled 167 units, which is a 35% decrease from June 2022 when there were 257 units available.

Condominium and Co-op Sales

There were 16 condo/co-op residential closings reported across all areas of Greenwich during the month of June 2023. This figure decreased 33.33% as compared to June 2022 when there were 24 closings. 

The Median Sale Price for a condo/co-op increased 22.51% to $1,075,000 from the median sales price in June 2022, which was $877,500. 

The average Days On Market (DOM) for condo/co-op residential homes was 41, which was a 51.19% decrease from 84 days in June 2022.

There were 23 new condo/co-op units brought to the market in June 2023, which is a 37.84% decrease in new listings when compared to June 2023 when there were 37 units added. At month-end, Active condo/co-op inventory totaled 51 units, which is a 19% decrease from June 2022 when there were 63 units available.