Archive for January, 2008

Greenwich Real Estate Sales Activity: 2006 vs. 2007

Thursday, January 3rd, 2008

Despite all the national news coverage about real estate downturns, the Greenwich real estate market remains steady.  The following charts compare 2006 to 2007 sales activity at the end of each year: 

Single Family Homes

2006
2007
% Change

Active Listings
379
410
8+

Current Contracts
95
51
53-

Solds
600
630
4+

Average Sales Price
$2,687,400
$3,009,681
12+

Median Sales Price
$2,001,240
$2,175,000
8.7+

 
 
 
 

Condos

2006
2007
% Change

Active Listings
175
172
2-

Current Contracts
28
27
3-

Solds
213
182
12-

Average Sales Price
$919,820  
$1,026,800
11.6+

Median Sales Price
$720,000
$757,500
5.2+

 
 
 
 

 It’s true that we haven’t seen the robust […]