GREENWICH Q1-2021 REPORTMARKET
GREENWICH, CT · $6,795,000 Extraordinary six-bedroom shingle style home on two private acres with pool, huge terrace. WEB# MR2815222
GREENWICH, CT · $7,895,000 Six-bedroom home under construction by renowned builder. 2.3 Mid-Country acres. Pool. WEB# MR2819562
GREENWICH, CT • $4,495,000 Classic Georgian Colonial set atop four acres with fabulous pool, hot tub, fire pit. WEB# MR2818622
GREENWICH, CT • $5,250,000 Updated six-bedroom Colonial on 1.6 acres with pool offers private oasis a mile from town. WEB# MR2823222
GREENWICH, CT • $4,500,000 Beauty, charm and authentic style in the much coveted Golden Triangle near town. WEB# MR2820352
GREENWICH, CT • $4,995,000 Custom-built with exceptional quality. Elegant heated pool and close to town. WEB# MR2823292
203.869.0700 · 203.698.1234 · @AROUNDGREENWICHHOULIHANLAWRENCE.COM/GREENWICHCTREALESTATE@AROUNDGREENWICH Source: GMLS, 1.1.2021 - 3.31.2021, total dollar volume of single family homes sold by company, Greenwich, Riverside, Cos Cob and Old Greenwich. # 1 Brokerage in Greenwich
GREENWICH, CT · $6,295,000 Beautifully designed five-bedroom home built by Stone Harbor. High ceilings. 1.95 acres. WEB# MR2822442
GREENWICH, CT · $6,300,000 Graces 1.63 acres bordered by conservation land at the end of a private lane. WEB# MR2823562
GREENWICH, CT • $4,395,000 2018 construction five bedroom exception al home on a coveted street in the heart of town. WEB# MR2825552
With Warm Regards, Stephen Meyers Liz Nunan Chairman President and CEO REPORTMARKET
Greenwich’s Mid-Country experienced the biggest uptick in sales in the quarter while homes that sold in Old Greenwich did so in the fewest days on market and at the smallest discount to the asking price. Our neighborhood reports are in the pages that follow. Thank you to the community, our clients, agents, and staff for your support as Houlihan Lawrence remains the leading brokerage serving Greenwich, Connecticut.
The new year brought with it continued strong demand for homes in Greenwich, Connecticut. Sales in the first quarter soared as pandemic-fueled purchases from NYC buyers – many of whom were already renting locally – helped drive sales across all price ranges. Contributing to the sustained demand were corporate reopening plans that do not require daily commutes to NYC for employees. These ongoing “work from home” schedules helped further illuminate the many reasons people choose to live in Greenwich: wonderful community, scenic coastal and inland parks, noted public and private schools, world-class shopping and dining, and all just 30 miles from Manhattan. Buyers did not have many homes to choose from in the quarter with limited inventory in Greenwich, a key theme that helped prop up pricing. As Springtime temperatures warm and flowers bloom, we are optimistic that inventory will arrive to meet the buyer demand. But smart initial pricing remains a pivotal strategy for sellers to achieve a successful selling price.
203.869.0700 · 203.698.1234 · @AROUNDGREENWICHHOULIHANLAWRENCE.COM/GREENWICHCTREALESTATE@AROUNDGREENWICH
GREENWICH, CT · $12,850,000 Turn-of-the-century columned classic on four acres with tennis, pool, squash and basketball. WEB# MR2784332 2021Q1
TABLE OF CONTENTS FIRST QUARTER 2021 GREATER GREENWICH SingleFamilyHomeOverview GREENWICH NorthoftheParkway GREENWICH SouthoftheParkway GREENWICH SouthofthePostRoad COS RIVERSIDECOB OLD GREATERGREENWICHGREENWICH CondominiumOverview HOULIHANLAWRENCE.COM
GREATER GREENWICH QUARTERLY MARKET OVERVIEW 2021Q1 2020Q1 CHANGE% FULL2020YEAR FULL2019YEAR CHANGE% HOMES SOLD 200 103 94.2% 862 528 63.3% AVERAGE SALE PRICE $2,966,651 $2,135,778 38.9% $2,669,962 $2,376,330 12.4% MEDIAN SALE PRICE $2,237,500$1,715,000 30.5% $2,077,500 $1,858,333 11.8% AVERAGE PRICE PER SQUARE FOOT $599 $517 15.9% $556 $544 2.2% AVERAGE DAYS ON MARKET 171 228 -25.0% 205 236 -13.1% % SALE PRICE TO LIST PRICE 96.2% 93.7% 2.7% 94.4% 92.4% 2.2% TEN-YEAR MARKET HISTORY Average Sale Price $2,376,996 $2,244,574 $2,688,907 $2,421,486 $2,203,756 $2,574,993 $2,393,006 $2,376,330 $2,669,962 $2,966,651 Average Sale Price Average Price/SqFt $554 $555 $610 $591 $564 $577 $562 $544 $556 $599 Average Price/SqFt Days On Market 173 156 166 177 189 213 201 236 205 171 Days On Market %Sale Price to List Price 91.9 94.1 93.7 94.4 94.1 92.5 93.7 92.4 94.4 96.2 %Sale Price to List Price * Homes sold for 2021 are annualized based on actual sales year-to-date.
$5,000,000 - $5,999,999
20 10 2 26 2 13 -23.1% 400.0% $6,000,000 - $7,999,999 34 19 2 35 2 18 -2.9% 850.0% $8,000,000 - $9,999,999 22 5 4 17 1 17 29.4% 400.0% $10,000,000 and up 22 3 7 28 2 14 -21.4% 50.0% MarketTotals 283 202 1 507 94 5 -44.2% 114.9% *Supply Demand Ratio Key 1-4: High Demand 5-6: Balanced 7-9: Low Demand 10+: Very Low Demand SOLD PROPERTIES YEAR-TO-DATE YEAR-OVER-YEAR 01/01/202103/31/2021 01/01/202003/31/2020 % 2021/2020CHANGE 04/01/202003/31/2021 04/01/201903/31/2020 % 2020/2019CHANGE $0 - $999,999 25 18 38.9% 123 106 16.0% $1,000,000 - $1,999,999 62 43 44.2% 318 202 57.4% $2,000,000 - $2,999,999 49 17 188.2% 226 118 91.5% $3,000,000 - $3,999,999 29 14 107.1% 141 60 135.0% $4,000,000 - $4,999,999 10 6 66.7% 50 30 66.7% $5,000,000 - $5,999,999 8 3 166.7% 30 13 130.8% $6,000,000 - $7,999,999 9 2 350.0% 37 16 131.3% $8,000,000 - $9,999,999 4 0 Not Valid 15 7 114.3% $10,000,000 and up 4 0 Not Valid 19 5 280.0% MarketTotals 200 103 94.2% 959 557 72.2% Source: Greenwich Multiple Listing Service, Single-family homes
$1,000,000 - $1,999,999
42 57 1 118 31 4 -64.4% 83.9% $2,000,000 - $2,999,999 53 43 1 106 28 4 -50.0% 53.6% $3,000,000 - $3,999,999 46 31 1 73 12 6 -37.0% 158.3% $4,000,000 - $4,999,999 26 12 2 48 1 48 -45.8% 1100.0%
GREATER GREENWICH SUPPLY DEMAND ANALYSIS AS OF MARCH 31, 2021 AS OF MARCH 31, 2020 2021 vs. 2020 PRICE RANGE LISTINGSACTIVESUPPLY: SALESPENDINGDEMAND: RATIO*DEMANDSUPPLY/ LISTINGSACTIVESUPPLY: SALESPENDINGDEMAND: RATIO*DEMANDSUPPLY/ CHANGE% IN LISTINGS CHANGE% PENDINGSIN $0 - $999,999 18 22 1 56 15 4 -67.9% 46.7%
GREENWICH NORTH OF THE PARKWAY QUARTERLY MARKET OVERVIEW 2021Q1 2020Q1 CHANGE% FULL2020YEAR FULL2019YEAR CHANGE% HOMES SOLD 25 11 127.3% 107 62 72.6% AVERAGE SALE PRICE $4,450,040$2,018,409 120.5% $2,851,219 $3,156,247 -9.7% MEDIAN SALE PRICE $2,450,000$1,300,000 88.5% $2,500,000 $2,254,500 10.9% AVERAGE PRICE PER SQUARE FOOT $603 $381 58.3% $455 $503 -9.5% AVERAGE DAYS ON MARKET 179 281 -36.3% 266 354 -24.9% % SALE PRICE TO LIST PRICE 95.2% 95.1% 0.1% 94.2% 90.1% 4.6% TEN-YEAR MARKET HISTORY Average Sale Price $3,488,007 $3,106,132 $4,136,921 $2,834,463 $2,939,222 $3,590,745 $3,264,086 $3,156,247 $2,851,219 $4,450,040 Average Sale Price Average Price/SqFt $498 $524 $558 $524 $470 $500 $494 $503 $455 $603 Average Price/SqFt Days On Market 288 286 349 282 361 454 302 354 266 179 Days On Market %Sale Price to List Price 89.2 91.5 90.5 92.7 91.8 85.7 91.9 90.1 94.2 95.2 %Sale Price to List Price * Homes sold for 2021 are annualized based on actual sales year-to-date.
$1,000,000 - $1,999,999
6 5 1 17 3 6 -64.7% 66.7%
GREENWICH NORTH OF THE PARKWAY SUPPLY DEMAND ANALYSIS AS OF MARCH 31, 2021 AS OF MARCH 31, 2020 2021 vs. 2020 PRICE RANGE LISTINGSACTIVESUPPLY: SALESPENDINGDEMAND: RATIO*DEMANDSUPPLY/ LISTINGSACTIVESUPPLY: SALESPENDINGDEMAND: RATIO*DEMANDSUPPLY/ CHANGE% IN LISTINGS CHANGE% PENDINGSIN $0 - $999,999 1 2 1 1 4 0 0.0% -50.0%
8 2 4 5 0 Not Valid 60.0% 0.0% $10,000,000 and up 9 0 Not Valid 7 1 7 28.6% -100.0% MarketTotals 53 22 2 83 8 10 -36.1% 175.0% *Supply Demand Ratio Key 1-4: High Demand 5-6: Balanced 7-9: Low Demand 10+: Very Low Demand SOLD PROPERTIES YEAR-TO-DATE YEAR-OVER-YEAR 01/01/202103/31/2021 01/01/202003/31/2020 % 2021/2020CHANGE 04/01/202003/31/2021 04/01/201903/31/2020 % 2020/2019CHANGE $0 - $999,999 2 1 100.0% 12 7 71.4% $1,000,000 - $1,999,999 4 5 -20.0% 34 22 54.5% $2,000,000 - $2,999,999 9 3 200.0% 28 16 75.0% $3,000,000 - $3,999,999 5 1 400.0% 23 7 228.6% $4,000,000 - $4,999,999 2 1 100.0% 14 7 100.0% $5,000,000 - $5,999,999 1 0 Not Valid 3 0 Not Valid $6,000,000 - $7,999,999 1 0 Not Valid 2 2 0.0% $8,000,000 - $9,999,999 0 0 Not Valid 2 2 0.0% $10,000,000 and up 1 0 Not Valid 3 2 50.0% MarketTotals 25 11 127.3% 121 65 86.2% Source: Greenwich Multiple Listing Service, Single-family homes
$6,000,000 - $7,999,999
7 2 4 15 0 Not Valid -53.3% 0.0%
9 0 Not Valid 6 0 Not Valid 50.0% 0.0%
$3,000,000 - $3,999,999
$4,000,000 - $4,999,999
$2,000,000 - $2,999,999
$5,000,000 - $5,999,999
5 4 1 10 0 Not Valid -50.0% 0.0%
3 2 2 5 0 Not Valid -40.0% 0.0%
5 5 1 17 0 Not Valid -70.6% 0.0%
$8,000,000 - $9,999,999
GREENWICH SOUTH OF THE PARKWAY QUARTERLY MARKET OVERVIEW 2021Q1 2020Q1 CHANGE% FULL2020YEAR FULL2019YEAR CHANGE% HOMES SOLD 70 36 94.4% 295 163 81.0% AVERAGE SALE PRICE $3,295,110 $2,552,175 29.1% $2,941,272 $2,537,605 15.9% MEDIAN SALE PRICE $2,625,000$2,110,000 24.4% $2,450,000 $2,020,000 21.3% AVERAGE PRICE PER SQUARE FOOT $565 $507 11.4% $530 $499 6.2% AVERAGE DAYS ON MARKET 201 232 -13.4% 237 275 -13.8% % SALE PRICE TO LIST PRICE 95.6% 93.5% 2.2% 94.9% 91.9% 3.3% TEN-YEAR MARKET HISTORY Average Sale Price $2,788,964 $2,774,982 $2,698,854 $3,075,190 $2,403,016 $2,769,791 $2,670,378 $2,537,605 $2,941,272 $3,295,110 Average Sale Price Average Price/SqFt $569 $536 $566 $586 $534 $549 $536 $499 $530 $565 Average Price/SqFt Days On Market 176 169 187 192 211 228 214 275 237 201 Days On Market %Sale Price to List Price 91.7 94.0 93.8 93.7 94.0 93.0 92.8 91.9 94.9 95.6 %Sale Price to List Price * Homes sold for 2021 are annualized based on actual sales year-to-date.
10 6 2 15 0 Not Valid -33.3% 0.0% $6,000,000 - $7,999,999 18 14 1 18 2 9 0.0% 600.0% $8,000,000 - $9,999,999 10 2 5 8 1 8 25.0% 100.0% $10,000,000 and up 6 0 Not Valid 6 0 Not Valid 0.0% 0.0% MarketTotals 117 68 2 196 41 5 -40.3% 65.9% *Supply Demand Ratio Key 1-4: High Demand 5-6: Balanced 7-9: Low Demand 10+: Very Low Demand SOLD PROPERTIES YEAR-TO-DATE YEAR-OVER-YEAR 01/01/202103/31/2021 01/01/202003/31/2020 % 2021/2020CHANGE 04/01/202003/31/2021 04/01/201903/31/2020 % 2020/2019CHANGE $0 - $999,999 10 4 150.0% 34 26 30.8% $1,000,000 - $1,999,999 13 14 -7.1% 81 61 32.8% $2,000,000 - $2,999,999 18 6 200.0% 91 37 145.9% $3,000,000 - $3,999,999 12 6 100.0% 55 25 120.0% $4,000,000 - $4,999,999 5 2 150.0% 17 11 54.5% $5,000,000 - $5,999,999 3 3 0.0% 17 10 70.0% $6,000,000 - $7,999,999 4 1 300.0% 21 6 250.0% $8,000,000 - $9,999,999 3 0 Not Valid 9 4 125.0% $10,000,000 and up 2 0 Not Valid 4 0 Not Valid MarketTotals 70 36 94.4% 329 180 82.8% Source: Greenwich Multiple Listing Service, Single-family homes
GREENWICH SOUTH OF THE PARKWAY SUPPLY DEMAND ANALYSIS AS OF MARCH 31, 2021 AS OF MARCH 31, 2020 2021 vs. 2020 PRICE RANGE LISTINGSACTIVESUPPLY: SALESPENDINGDEMAND: RATIO*DEMANDSUPPLY/ LISTINGSACTIVESUPPLY: SALESPENDINGDEMAND: RATIO*DEMANDSUPPLY/ CHANGE% IN LISTINGS CHANGE% PENDINGSIN $0 - $999,999 9 4 2 20 3 7 -55.0% 33.3% $1,000,000 - $1,999,999 12 11 1 36 15 2 -66.7% -26.7% $2,000,000 - $2,999,999 18 15 1 43 12 4 -58.1% 25.0% $3,000,000 - $3,999,999 22 13 2 32 8 4 -31.3% 62.5% $4,000,000 - $4,999,999 12 3 4 18 0 Not Valid -33.3% 0.0%
$5,000,000 - $5,999,999
GREENWICH SOUTH OF THE POST ROAD QUARTERLY MARKET OVERVIEW 2021Q1 2020Q1 CHANGE% FULL2020YEAR FULL2019YEAR CHANGE% HOMES SOLD 34 13 161.5% 98 62 58.1% AVERAGE SALE PRICE $3,057,735$2,054,615 48.8% $3,458,830 $2,896,440 19.4% MEDIAN SALE PRICE $1,937,500$1,900,000 2.0% $2,100,000 $2,000,000 5.0% AVERAGE PRICE PER SQUARE FOOT $660 $495 33.3% $676 $667 1.3% AVERAGE DAYS ON MARKET 200 275 -27.3% 206 235 -12.3% % SALE PRICE TO LIST PRICE 96.5% 91.6% 5.3% 91.1% 92.6% -1.6% TEN-YEAR MARKET HISTORY Average Sale Price $2,486,569 $2,219,081 $4,083,817 $2,043,325 $2,545,622 $2,977,955 $2,371,594 $2,896,440 $3,458,830 $3,057,735 Average Sale Price Average Price/SqFt $574 $577 $726 $597 $622 $638 $666 $667 $676 $660 Average Price/SqFt Days On Market 215 160 172 191 149 184 218 235 206 200 Days On Market %Sale Price to List Price 89.0 92.6 93.4 96.2 92.3 91.5 94.5 92.6 91.1 96.5 %Sale Price to List Price * Homes sold for 2021 are annualized based on actual sales year-to-date.
9 4 2 11 3 4 -18.2% 33.3%
3 2 2 8 0 Not Valid -62.5% 0.0%
4 1 4 6 0 Not Valid -33.3% 0.0% $8,000,000 - $9,999,999 4 0 Not Valid 2 0 Not Valid 100.0% 0.0% $10,000,000 and up 7 3 2 12 1 12 -41.7% 200.0% MarketTotals 47 21 2 70 10 7 -32.9% 110.0% *Supply Demand Ratio Key 1-4: High Demand 5-6: Balanced 7-9: Low Demand 10+: Very Low Demand SOLD PROPERTIES YEAR-TO-DATE YEAR-OVER-YEAR 01/01/202103/31/2021 01/01/202003/31/2020 % 2021/2020CHANGE 04/01/202003/31/2021 04/01/201903/31/2020 % 2020/2019CHANGE $0 - $999,999 7 3 133.3% 26 18 44.4% $1,000,000 - $1,999,999 10 5 100.0% 28 13 115.4% $2,000,000 - $2,999,999 4 2 100.0% 21 12 75.0% $3,000,000 - $3,999,999 3 2 50.0% 14 9 55.6% $4,000,000 - $4,999,999 3 1 200.0% 6 4 50.0% $5,000,000 - $5,999,999 2 0 Not Valid 3 0 Not Valid $6,000,000 - $7,999,999 3 0 Not Valid 9 5 80.0% $8,000,000 - $9,999,999 1 0 Not Valid 3 1 200.0% $10,000,000 and up 1 0 Not Valid 9 2 350.0% MarketTotals 34 13 161.5% 119 64 85.9% Source: Greenwich Multiple Listing Service, Single-family homes
GREENWICH SOUTH OF THE POST ROAD SUPPLY DEMAND ANALYSIS AS OF MARCH 31, 2021 AS OF MARCH 31, 2020 2021 vs. 2020 PRICE RANGE LISTINGSACTIVESUPPLY: SALESPENDINGDEMAND: RATIO*DEMANDSUPPLY/ LISTINGSACTIVESUPPLY: SALESPENDINGDEMAND: RATIO*DEMANDSUPPLY/ CHANGE% IN LISTINGS CHANGE% PENDINGSIN $0 - $999,999 2 4 1 9 1 9 -77.8% 300.0%
$2,000,000 - $2,999,999
$5,000,000 - $5,999,999
$1,000,000 - $1,999,999
8 4 2 9 3 3 -11.1% 33.3%
$3,000,000 - $3,999,999
4 0 Not Valid 4 1 4 0.0% -100.0%
$4,000,000 - $4,999,999
6 3 2 9 1 9 -33.3% 200.0%
$6,000,000 - $7,999,999
COS COB QUARTERLY MARKET OVERVIEW 2021Q1 2020Q1 CHANGE% FULL2020YEAR FULL2019YEAR CHANGE% HOMES SOLD 19 12 58.3% 87 56 55.4% AVERAGE SALE PRICE $1,455,157 $1,169,791 24.4% $1,408,910 $1,248,246 12.9% MEDIAN SALE PRICE $1,292,500 $975,000 32.6% $1,260,000 $1,077,500 16.9% AVERAGE PRICE PER SQUARE FOOT $510 $430 18.6% $444 $435 2.1% AVERAGE DAYS ON MARKET 142 236 -39.8% 200 172 16.3% % SALE PRICE TO LIST PRICE 96.7% 94.9% 1.9% 96.1% 94.4% 1.8% TEN-YEAR MARKET HISTORY Average Sale Price $1,224,821 $1,241,224 $1,254,598 $1,365,294 $1,321,116 $1,331,751 $1,564,416 $1,248,246 $1,408,910 $1,455,157 Average Sale Price Average Price/SqFt $414 $471 $465 $506 $489 $456 $485 $435 $444 $510 Average Price/SqFt Days On Market 153 131 103 143 162 150 164 172 200 142 Days On Market %Sale Price to List Price 94.0 95.0 96.1 96.2 96.0 95.0 95.4 94.4 96.1 96.7 %Sale Price to List Price * Homes sold for 2021 are annualized based on actual sales year-to-date.
$6,000,000 - $7,999,999
0 0 0 0 0 0 0.0% 0.0%
COS COB SUPPLY DEMAND ANALYSIS AS OF MARCH 31, 2021 AS OF MARCH 31, 2020 2021 vs. 2020 PRICE RANGE LISTINGSACTIVESUPPLY: SALESPENDINGDEMAND: RATIO*DEMANDSUPPLY/ LISTINGSACTIVESUPPLY: SALESPENDINGDEMAND: RATIO*DEMANDSUPPLY/ CHANGE% IN LISTINGS CHANGE% PENDINGSIN $0 - $999,999 3 4 1 13 2 7 -76.9% 100.0%
$3,000,000 - $3,999,999
$1,000,000 - $1,999,999
4 1 4 2 0 Not Valid 100.0% 0.0% $4,000,000 - $4,999,999 0 0 0 0 0 0 0.0% 0.0%
$5,000,000 - $5,999,999
0 0 0 0 0 0 0.0% 0.0% $8,000,000 - $9,999,999 0 0 0 0 0 0 0.0% 0.0% $10,000,000 and up 0 0 0 0 0 0 0.0% 0.0% MarketTotals 18 23 1 47 8 6 -61.7% 187.5% *Supply Demand Ratio Key 1-4: High Demand 5-6: Balanced 7-9: Low Demand 10+: Very Low Demand SOLD PROPERTIES YEAR-TO-DATE YEAR-OVER-YEAR 01/01/202103/31/2021 01/01/202003/31/2020 % 2021/2020CHANGE 04/01/202003/31/2021 04/01/201903/31/2020 % 2020/2019CHANGE $0 - $999,999 2 6 -66.7% 22 24 -8.3% $1,000,000 - $1,999,999 14 5 180.0% 55 31 77.4% $2,000,000 - $2,999,999 2 1 100.0% 14 4 250.0% $3,000,000 - $3,999,999 1 0 Not Valid 3 0 Not Valid $4,000,000 - $4,999,999 0 0 Not Valid 0 0 Not Valid $5,000,000 - $5,999,999 0 0 Not Valid 0 0 Not Valid $6,000,000 - $7,999,999 0 0 Not Valid 0 0 Not Valid $8,000,000 - $9,999,999 0 0 Not Valid 0 0 Not Valid $10,000,000 and up 0 0 Not Valid 0 0 Not Valid MarketTotals 19 12 58.3% 94 59 59.3% Source: Greenwich Multiple Listing Service, Single-family homes
5 15 0 21 4 5 -76.2% 275.0% $2,000,000 - $2,999,999 6 3 2 11 2 6 -45.5% 50.0%
RIVERSIDE QUARTERLY MARKET OVERVIEW 2021Q1 2020Q1 CHANGE% FULL2020YEAR FULL2019YEAR CHANGE% HOMES SOLD 31 15 106.7% 135 86 57.0% AVERAGE SALE PRICE $2,363,169 $2,036,500 16.0% $2,587,852 $1,945,173 33.0% MEDIAN SALE PRICE $2,025,000$1,925,000 5.2% $2,080,000 $1,712,500 21.5% AVERAGE PRICE PER SQUARE FOOT $598 $588 1.7% $618 $542 14.0% AVERAGE DAYS ON MARKET 120 136 -11.8% 151 194 -22.2% % SALE PRICE TO LIST PRICE 97.5% 93.6% 4.2% 94.3% 94.1% 0.2% TEN-YEAR MARKET HISTORY Average Sale Price $2,135,381 $1,962,380 $2,000,919 $2,275,811 $2,121,616 $2,371,435 $2,353,592 $1,945,173 $2,587,852 $2,363,169 Average Sale Price Average Price/SqFt $588 $582 $598 $634 $600 $619 $594 $542 $618 $598 Average Price/SqFt Days On Market 122 132 110 123 155 152 175 194 151 120 Days On Market %Sale Price to List Price 93.6 96.1 96.6 94.6 93.9 94.7 94.9 94.1 94.3 97.5 %Sale Price to List Price * Homes sold for 2021 are annualized based on actual sales year-to-date.
5 8 1 7 2 4 -28.6% 300.0%
7 9 1 12 3 4 -41.7% 200.0%
4 2 2 5 1 5 -20.0% 100.0%
7 13 1 15 3 5 -53.3% 333.3%
$4,000,000 - $4,999,999
$2,000,000 - $2,999,999
RIVERSIDE SUPPLY DEMAND ANALYSIS AS OF MARCH 31, 2021 AS OF MARCH 31, 2020 2021 vs. 2020 PRICE RANGE LISTINGSACTIVESUPPLY: SALESPENDINGDEMAND: RATIO*DEMANDSUPPLY/ LISTINGSACTIVESUPPLY: SALESPENDINGDEMAND: RATIO*DEMANDSUPPLY/ CHANGE% IN LISTINGS CHANGE% PENDINGSIN $0 - $999,999 2 3 1 6 1 6 -66.7% 200.0%
2 2 1 0 0 0 0.0% 0.0%
$5,000,000 - $5,999,999
$6,000,000 - $7,999,999
2 1 2 3 0 Not Valid -33.3% 0.0% $8,000,000 - $9,999,999 0 0 0 2 0 Not Valid -100.0% 0.0% $10,000,000 and up 0 0 0 3 0 Not Valid -100.0% 0.0% MarketTotals 29 38 1 53 10 5 -45.3% 280.0% *Supply Demand Ratio Key 1-4: High Demand 5-6: Balanced 7-9: Low Demand 10+: Very Low Demand SOLD PROPERTIES YEAR-TO-DATE YEAR-OVER-YEAR 01/01/202103/31/2021 01/01/202003/31/2020 % 2021/2020CHANGE 04/01/202003/31/2021 04/01/201903/31/2020 % 2020/2019CHANGE $0 - $999,999 3 4 -25.0% 14 17 -17.6% $1,000,000 - $1,999,999 12 4 200.0% 58 43 34.9% $2,000,000 - $2,999,999 9 3 200.0% 36 21 71.4% $3,000,000 - $3,999,999 4 3 33.3% 27 9 200.0% $4,000,000 - $4,999,999 0 1 -100.0% 6 2 200.0% $5,000,000 - $5,999,999 2 0 Not Valid 4 0 Not Valid $6,000,000 - $7,999,999 1 0 Not Valid 3 2 50.0% $8,000,000 - $9,999,999 0 0 Not Valid 0 0 Not Valid $10,000,000 and up 0 0 Not Valid 3 0 Not Valid MarketTotals 31 15 106.7% 151 94 60.6% Source: Greenwich Multiple Listing Service, Single-family homes
$3,000,000 - $3,999,999
$1,000,000 - $1,999,999
OLD GREENWICH QUARTERLY MARKET OVERVIEW 2021Q1 2020Q1 CHANGE% FULL2020YEAR FULL2019YEAR CHANGE% HOMES SOLD 20 16 25.0% 137 98 39.8% AVERAGE SALE PRICE $2,232,612 $2,163,084 3.2% $2,295,701 $2,323,307 -1.2% MEDIAN SALE PRICE $2,077,500$1,616,250 28.5% $1,900,000 $2,100,000 -9.5% AVERAGE PRICE PER SQUARE FOOT $709 $661 7.3% $625 $636 -1.7% AVERAGE DAYS ON MARKET 117 222 -47.3% 132 170 -22.4% % SALE PRICE TO LIST PRICE 99.0% 94.7% 4.5% 96.3% 93.6% 2.9% TEN-YEAR MARKET HISTORY Average Sale Price $2,271,283 $1,753,566 $2,564,436 $2,017,057 $1,997,289 $2,455,255 $2,166,274 $2,323,307 $2,295,701 $2,232,612 Average Sale Price Average Price/SqFt $617 $615 $749 $644 $646 $709 $614 $636 $625 $709 Average Price/SqFt Days On Market 165 103 116 157 149 184 176 170 132 117 Days On Market %Sale Price to List Price 93.8 95.0 94.1 96.2 96.9 94.7 94.2 93.6 96.3 99.0 %Sale Price to List Price * Homes sold for 2021 are annualized based on actual sales year-to-date.
OLD GREENWICH SUPPLY DEMAND ANALYSIS AS OF MARCH 31, 2021 AS OF MARCH 31, 2020 2021 vs. 2020 PRICE RANGE LISTINGSACTIVESUPPLY: SALESPENDINGDEMAND: RATIO*DEMANDSUPPLY/ LISTINGSACTIVESUPPLY: SALESPENDINGDEMAND: RATIO*DEMANDSUPPLY/ CHANGE% IN LISTINGS CHANGE% PENDINGSIN $0 - $999,999 1 5 0 7 3 2 -85.7% 66.7%
4 9 0 20 5 4 -80.0% 80.0%
$1,000,000 - $1,999,999
$4,000,000 - $4,999,999
2 1 2 7 0 Not Valid -71.4% 0.0%
$6,000,000 - $7,999,999
1 3 0 2 0 Not Valid -50.0% 0.0% $8,000,000 - $9,999,999 0 1 0 0 0 0 0.0% 0.0% $10,000,000 and up 0 0 0 0 0 0 0.0% 0.0% MarketTotals 18 30 1 58 14 4 -69.0% 114.3% *Supply Demand Ratio Key 1-4: High Demand 5-6: Balanced 7-9: Low Demand 10+: Very Low Demand SOLD PROPERTIES YEAR-TO-DATE YEAR-OVER-YEAR 01/01/202103/31/2021 01/01/202003/31/2020 % 2021/2020CHANGE 04/01/202003/31/2021 04/01/201903/31/2020 % 2020/2019CHANGE $0 - $999,999 1 0 Not Valid 14 14 0.0% $1,000,000 - $1,999,999 8 10 -20.0% 59 32 84.4% $2,000,000 - $2,999,999 7 2 250.0% 36 28 28.6% $3,000,000 - $3,999,999 4 2 100.0% 19 10 90.0% $4,000,000 - $4,999,999 0 1 -100.0% 7 6 16.7% $5,000,000 - $5,999,999 0 0 Not Valid 3 3 0.0% $6,000,000 - $7,999,999 0 1 -100.0% 2 1 100.0% $8,000,000 - $9,999,999 0 0 Not Valid 1 0 Not Valid $10,000,000 and up 0 0 Not Valid 0 1 -100.0% MarketTotals 20 16 25.0% 141 95 48.4% Source: Greenwich Multiple Listing Service, Single-family homes
$2,000,000 - $2,999,999
7 7 1 12 4 3 -41.7% 75.0%
$5,000,000 - $5,999,999
1 0 Not Valid 2 1 2 -50.0% -100.0%
$3,000,000 - $3,999,999
2 4 1 8 1 8 -75.0% 300.0%
GREATER GREENWICH CONDOMINIUMS QUARTERLY MARKET OVERVIEW 2021Q1 2020Q1 CHANGE% FULL2020YEAR FULL2019YEAR CHANGE% UNITS SOLD 56 28 100.0% 179 140 27.9% AVERAGE SALE PRICE $1,119,332 $1,005,085 11.4% $1,084,790 $959,215 13.1% MEDIAN SALE PRICE $762,500 $707,000 7.9% $799,000 $743,000 7.5% AVERAGE PRICE PER SQUARE FOOT $514 $504 2.0% $524 $480 9.2% AVERAGE DAYS ON MARKET 156 170 -8.2% 166 174 -4.6% % SALE PRICE TO LIST PRICE 96.4% 91.2% 5.7% 93.9% 95.4% -1.6% TEN-YEAR MARKET HISTORY Average Sale Price $852,428 $842,525 $901,903 $1,028,489 $981,069 $1,030,294 $1,003,349 $959,215 $1,084,790 $1,119,332 Average Sale Price Average Price/SqFt $422 $436 $456 $495 $488 $492 $508 $480 $524 $514 Average Price/SqFt Days On Market 227 186 154 139 133 146 179 174 166 156 Days On Market %Sale Price to List Price 93.4 95.0 95.6 96.2 96.5 95.0 96.0 95.4 93.9 96.4 %Sale Price to List Price * Homes sold for 2021 are annualized based on actual sales year-to-date.
3 0 Not Valid 1 0 Not Valid 200.0% 0.0%
4 4 1 10 3 3 -60.0% 33.3%
0 0 0 0 0 0 0.0% 0.0% $8,000,000 - $9,999,999 0 0 0 0 0 0 0.0% 0.0% $10,000,000 and up 0 0 0 0 0 0 0.0% 0.0% MarketTotals 57 47 1 107 25 4 -46.7% 88.0% *Supply Demand Ratio Key 1-4: High Demand 5-6: Balanced 7-9: Low Demand 10+: Very Low Demand SOLD PROPERTIES YEAR-TO-DATE YEAR-OVER-YEAR 01/01/202103/31/2021 01/01/202003/31/2020 % 2021/2020CHANGE 04/01/202003/31/2021 04/01/201903/31/2020 % 2020/2019CHANGE $0 - $999,999 37 19 94.7% 131 99 32.3% $1,000,000 - $1,999,999 13 4 225.0% 48 23 108.7% $2,000,000 - $2,999,999 1 4 -75.0% 16 9 77.8% $3,000,000 - $3,999,999 5 1 400.0% 12 4 200.0% $4,000,000 - $4,999,999 0 0 Not Valid 0 0 Not Valid $5,000,000 - $5,999,999 0 0 Not Valid 0 0 Not Valid $6,000,000 - $7,999,999 0 0 Not Valid 0 0 Not Valid $8,000,000 - $9,999,999 0 0 Not Valid 0 0 Not Valid $10,000,000 and up 0 0 Not Valid 0 0 Not Valid MarketTotals 56 28 100.0% 207 135 53.3% Source: Greenwich Multiple Listing Service, Condominium
$3,000,000 - $3,999,999
4 1 4 11 6 2 -63.6% -83.3%
$2,000,000 - $2,999,999
GREATER GREENWICH CONDOMINIUMS SUPPLY DEMAND ANALYSIS AS OF MARCH 31, 2021 AS OF MARCH 31, 2020 2021 vs. 2020 PRICE RANGE LISTINGSACTIVESUPPLY: SALESPENDINGDEMAND: RATIO*DEMANDSUPPLY/ LISTINGSACTIVESUPPLY: SALESPENDINGDEMAND: RATIO*DEMANDSUPPLY/ CHANGE% IN LISTINGS CHANGE% PENDINGSIN $0 - $999,999 34 30 1 55 12 5 -38.2% 150.0%
$5,000,000 - $5,999,999
$1,000,000 - $1,999,999
$4,000,000 - $4,999,999
1 0 Not Valid 0 0 0 0.0% 0.0%
$6,000,000 - $7,999,999
11 12 1 30 4 8 -63.3% 200.0%
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