Good news for Greenwich sellers; for buyers, not so much

January 2025 Greenwich Sales

February 5, 2025 (Greenwich, CT) - The Greenwich Association of REALTORS® announces the statistics for home sales for the month of January 2025 according to figures provided by the Greenwich Multiple Listing Service.

Single-Family Home Sales

There were 30 single-family residential closings reported across all areas of Greenwich during the month of January 2025. This was an increase, compared to January 2024 when there were 28 closings. 

The Median Sale Price for a single-family home increased 2.31% to $4,003,000 from the median sales price in January 2024, which was $3,912,500.

The average Days On Market (DOM) for residential homes was 100 days; which was a 29.08% decrease from 141 days in January 2024.

There were 33 new single-family listings brought to the market in January 2025, which is a 23.26% decrease in New Listings when compared to January 2024 when there were 43. 

At month-end, Active single-family inventory totaled 102 units, which is a 28.2% decrease from January 2024 when there were 142 units available.