February Sales Stats per GAR
/February 2025 Greenwich Sales
Single-Family Home Sales
There were 25 single-family residential closings reported across all areas of Greenwich during the month of February 2025. This was an increase, compared to February 2024 when there were 17 closings.
[Three in Riverside, south of the Post Road: 68 Winthrop Drive, non-MLS, $6.250; 7 Gilliam Lane $2,500,500 on a $2.395 asking price; 27 Linwood Avenue, $3.215 (!). One in Old Greenwich south of the Post Road: 25 Manor Drive, $1.550,000, on an asking price of $1,449,000]
The Median Sale Price for a single-family home increased 12.43% to $3,800,000 from the median sales price in February 2024, which was $3,350,000.
The average Days On Market (DOM) for residential homes was 77 days; which was a 35.09% increase from 57 days in February 2024.
There were 52 new single-family listings brought to the market in February 2025, which is a 7.14% decrease in New Listings when compared to February 2024 when there were 56.
At month-end, Active single-family inventory totaled 113 units, which is a 25.2% decrease from February 2024 when there were 151 units available.
Condominium and Co-op Sales
There were 13 condo/co-op residential closings reported across all areas of Greenwich during the month of February 2025. This was an increase, compared to February 2024 when there were 10 closings.
The Median Sale Price for a condo/co-op increased 5.11% to $875,000 from the median sales price in February 2024, which was $832,500.
The average Days On Market (DOM) for condo/co-op residential homes was 75, which was a 134.38% increase from 32 days in February 2024.
There were 22 new condo/co-op units brought to the market in February 2025, which is an increase of new listings compared to February 2024 when there were 14.
At month-end, Active condo/co-op inventory totaled 34 units, which is a 17.2% increase from February 2024 when there were 29 units available.