REPORTMARKET
2021Q4
GREENWICH
seven bedrooms set on nearly five acres with pool and tennis court.
GREENWICH, CT · $7,250,000 6 bedroom Two gated acres with High WEB# MR1708499
GREENWICH, CT $5,795,000 Stunning Hamptons-style architectural detail home set back on 1.63 acres with pool. WEB# MR2873362
estate set on
GREENWICH, CT · $5,995,000 Exquisite six bedroom stone Georgian. Set on 1.59 acres close to town. Exceptional WEB# MR1707582
GREENWICH, CT · $9,800,000 Greenwich 3.1 WEB# MR2877932
GREENWICH, CT · $7,998,000 Time to customize this ultra-stylish modern colonial to be built by Hawthorne Development. WEB# MR1738686
Georgian
gorgeous pool.
GREENWICH, CT · $5,495,000 Enchanting compound on three acres with three structures, pool and tennis court minutes to downtown. WEB# MR2880912
detailing.
203.869.0700 · 203.698.1234 · @AROUNDGREENWICHHOULIHANLAWRENCE.COM/GREENWICHCTREALESTATE@AROUNDGREENWICH Source: GMLS, 2015, 2016, 2017, 2018, 2019, 2020, 2021, total dollar volume of single family homes sold by company, Greenwich, Cos Cob, Riverside and Old Greenwich. # 1 Brokerage in Greenwich 7 YEARS IN A ROW
A
GREENWICH, CT · $10,995,000 WEB# MR2875672
Fully renovated classic
home.
ceilings, superb design.
GREENWICH, CT · $5,195,000 Private Association pre-war Manor compound, 8100 square feet, pool, cottage. Walk to town. WEB# MR2882702
One-of-a-kind custom designed 15,795 square foot home is nothing short of perfection.
acres within walking distance to town.
GREENWICH, CT $7,995,000 classic with WEB# MR2878472
Exquisite
The new year started with just 160 homes for sale in Greenwich, Connecticut, leaving buyers anxiously seeking and waiting for new inventory to go on the market. This limited supply and high demand dynamic was a theme for 2021 that seemed to get tighter in the fourth quarter.
Houlihan Lawrence proudly completed its seventh consecutive year as the leading brokerage in Greenwich – closing more than $2 Billion in deals in 2021. Thank you to our loyal clients, agents, and support team for a milestone year. With Warm Regards, Liz PresidentNunanand CEO GREENWICH, CT · $19,000,000 Magnificent Mid Country 4.75 acre compound with six-bedroom home, pool, party barn, tennis. WEB# MR2880072
203.869.0700 · 203.698.1234 · @AROUNDGREENWICHHOULIHANLAWRENCE.COM
2021Q4
REPORTMARKET
Source: 1/1/21 - 12/31/21, total sales both on and off MLS.
/GREENWICHCTREALESTATE@AROUNDGREENWICH
The year’s biggest sale – a $50 Million waterfront property – took place in the fourth quar ter, capping a strong performance in the high-end market. In fact, while the number of homes in contract at the end of 2021 fell 36% compared to last year, the number of homes in contract priced $5 Million and higher increased 28%.
Home sales rose 16.5% in 2021, but we saw sales decline nearly 40% in the fourth quarter. This decline was due primarily to the low inventory of homes for sale and a buyer fear of overpaying as prices rose along with New York City-based buyers giving the city another chance in a [hopefully] post-COVID19 world.
The strongest performing neighborhoods in town in 2021 were Greenwich - South of the Post Road, Cos Cob, and Riverside. Old Greenwich was the market area where homes sped off the market the quickest with an average days on market of just 60 days.
TABLE OF CONTENTS FOURTH QUARTER 2021 GREATER GREENWICH SingleFamilyHomeOverview GREENWICH NorthoftheParkway GREENWICH SouthoftheParkway GREENWICH SouthofthePostRoad COS RIVERSIDECOB OLD GREATERGREENWICHGREENWICH CondominiumOverview HOULIHANLAWRENCE.COM
GREATER GREENWICH QUARTERLY MARKET OVERVIEW 2021Q4 2020Q4 CHANGE% FULL2021YEAR FULL2020YEARCHANGE% HOMES SOLD 173 283 -38.9% 1007 863 16.7% AVERAGE SALE PRICE $3,157,027 $2,843,882 11.0% $3,005,855 $2,667,708 12.7% MEDIAN SALE PRICE $2,212,500$2,050,000 7.9% $2,300,000 $2,075,000 10.8% AVERAGE PRICE PER SQUARE FOOT $654 $574 13.9% $634 $556 14.0% AVERAGE DAYS ON MARKET 113 171 -33.9% 124 205 -39.5% % SALE PRICE TO LIST PRICE 97.0% 95.2% 1.9% 97.4% 94.4% 3.2% 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 $2,667,708 $3,005,855 Average Sale Price Average Price/SqFt $554 $555 $610 $591 $564 $577 $562 $544 $556 $634 Average Price/SqFt Days On Market 173 156 166 177 189 213 201 236 205 124 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 97.4 %Sale Price to List Price * Homes sold for 2021 are annualized based on actual sales year-to-date.
$3,000,000 - $3,999,999
29 23 1 52 49 1 -44.2% -53.1%
20 17 1 46 19 2 -56.5% -10.5% $4,000,000 - $4,999,999 17 8 2 25 11 2 -32.0% -27.3%
$5,000,000 - $5,999,999
14 3 5 18 2 9 -22.2% 50.0%
$2,000,000 - $2,999,999
GREATER GREENWICH SUPPLY DEMAND ANALYSIS AS OF DECEMBER 31, 2021 AS OF DECEMBER 31, 2020 2021 vs. 2020 PRICE RANGE LISTINGSACTIVESUPPLY: SALESPENDINGDEMAND: RATIO*DEMANDSUPPLY/ LISTINGSACTIVESUPPLY: SALESPENDINGDEMAND: RATIO*DEMANDSUPPLY/ CHANGE% IN LISTINGS CHANGE% PENDINGSIN $0 - $999,999 9 9 1 29 17 2 -69.0% -47.1%
20 10 2 36 8 5 -44.4% 25.0% $8,000,000 - $9,999,999 11 2 6 21 2 11
24 18 1 52 36 1 -53.8% -50.0%
$6,000,000 - $7,999,999 -47.6% 0.0%
$10,000,000 and up 16 3 5 24 2 12 -33.3% 50.0% MarketTotals 160 93 2 303 146 2 -47.2% -36.3% *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 01/01/202112/31/2021 01/01/202012/31/2020 % 2021/2020CHANGE 01/01/202112/31/2021 01/01/202012/31/2020 % 2021/2020CHANGE $0 - $999,999 110 117 -6.0% 110 117 -6.0% $1,000,000 - $1,999,999 289 299 -3.3% 289 299 -3.3% $2,000,000 - $2,999,999 256 194 32.0% 256 194 32.0% $3,000,000 - $3,999,999 147 126 16.7% 147 126 16.7% $4,000,000 - $4,999,999 70 46 52.2% 70 46 52.2% $5,000,000 - $5,999,999 43 25 72.0% 43 25 72.0% $6,000,000 - $7,999,999 58 30 93.3% 58 30 93.3% $8,000,000 - $9,999,999 19 11 72.7% 19 11 72.7% $10,000,000 and up 15 15 0.0% 15 15 0.0% MarketTotals 1007 863 16.7% 1007 863 16.7% Source: Greenwich Multiple Listing Service, Single-family homes
$1,000,000 - $1,999,999
GREENWICH NORTH OF THE PARKWAY QUARTERLY MARKET OVERVIEW 2021Q4 2020Q4 CHANGE% FULL2021YEAR FULL2020YEAR CHANGE% HOMES SOLD 16 36 -55.6% 97 107 -9.3% AVERAGE SALE PRICE $3,424,446$3,289,763 4.1% $3,953,143 $2,851,219 38.6% MEDIAN SALE PRICE $3,297,500$2,717,500 21.3% $3,000,000 $2,500,000 20.0% AVERAGE PRICE PER SQUARE FOOT $484 $504 -4.0% $551 $455 21.1% AVERAGE DAYS ON MARKET 229 244 -6.1% 220 266 -17.3% % SALE PRICE TO LIST PRICE 99.4% 94.6% 5.1% 96.5% 94.2% 2.4% 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 $3,953,143 Average Sale Price Average Price/SqFt $498 $524 $558 $524 $470 $500 $494 $503 $455 $551 Average Price/SqFt Days On Market 288 286 349 282 361 454 302 354 266 220 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 96.5 %Sale Price to List Price * Homes sold for 2021 are annualized based on actual sales year-to-date.
$2,000,000 - $2,999,999
$1,000,000 - $1,999,999
GREENWICH NORTH OF THE PARKWAY SUPPLY DEMAND ANALYSIS AS OF DECEMBER 31, 2021 AS OF DECEMBER 31, 2020 2021 vs. 2020 PRICE RANGE LISTINGSACTIVESUPPLY: SALESPENDINGDEMAND: RATIO*DEMANDSUPPLY/ LISTINGSACTIVESUPPLY: SALESPENDINGDEMAND: RATIO*DEMANDSUPPLY/ CHANGE% IN LISTINGS CHANGE% PENDINGSIN $0 - $999,999 0 1 0 2 3 1 -100.0% -66.7%
4 3 1 7 2 4 -42.9% 50.0%
1 0 Not Valid 6 0 Not Valid -83.3% 0.0%
$6,000,000 - $7,999,999
2 3 1 11 1 11 -81.8% 200.0%
7 3 2 6 1 6 16.7% 200.0% $8,000,000 - $9,999,999 2 0 Not Valid 10 1 10 -80.0% -100.0% $10,000,000 and up 9 0 Not Valid 8 1 8 12.5% -100.0% MarketTotals 39 16 2 68 20 3 -42.6% -20.0% *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 01/01/202112/31/2021 01/01/202012/31/2020 % 2021/2020CHANGE 01/01/202112/31/2021 01/01/202012/31/2020 % 2021/2020CHANGE $0 - $999,999 7 11 -36.4% 7 11 -36.4% $1,000,000 - $1,999,999 11 35 -68.6% 11 35 -68.6% $2,000,000 - $2,999,999 28 22 27.3% 28 22 27.3% $3,000,000 - $3,999,999 21 19 10.5% 21 19 10.5% $4,000,000 - $4,999,999 10 13 -23.1% 10 13 -23.1% $5,000,000 - $5,999,999 8 2 300.0% 8 2 300.0% $6,000,000 - $7,999,999 4 1 300.0% 4 1 300.0% $8,000,000 - $9,999,999 6 2 200.0% 6 2 200.0% $10,000,000 and up 2 2 0.0% 2 2 0.0% MarketTotals 97 107 -9.3% 97 107 -9.3% Source: Greenwich Multiple Listing Service, Single-family homes
$4,000,000 - $4,999,999
$5,000,000 - $5,999,999
$3,000,000 - $3,999,999
5 3 2 7 6 1 -28.6% -50.0%
9 3 3 11 5 2 -18.2% -40.0%
GREENWICH SOUTH OF THE PARKWAY QUARTERLY MARKET OVERVIEW 2021Q4 2020Q4 CHANGE% FULL2021YEAR FULL2020YEARCHANGE% HOMES SOLD 65 100 -35.0% 354 295 20.0% AVERAGE SALE PRICE $2,857,257 $2,938,947 -2.8% $3,212,533 $2,941,272 9.2% MEDIAN SALE PRICE $2,250,000 $2,421,750 -7.1% $2,587,500 $2,450,000 5.6% AVERAGE PRICE PER SQUARE FOOT $618 $536 15.3% $595 $530 12.3% AVERAGE DAYS ON MARKET 123 216 -43.1% 145 237 -38.8% % SALE PRICE TO LIST PRICE 96.4% 95.9% 0.5% 97.0% 94.9% 2.2% 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 $3,212,533 Average Sale Price Average Price/SqFt $569 $536 $566 $586 $534 $549 $536 $499 $530 $595 Average Price/SqFt Days On Market 176 169 187 192 211 228 214 275 237 145 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 97.0 %Sale Price to List Price * Homes sold for 2021 are annualized based on actual sales year-to-date.
$6,000,000 - $7,999,999
$5,000,000 - $5,999,999
8 9 1 21 10 2 -61.9% -10.0%
GREENWICH SOUTH OF THE PARKWAY SUPPLY DEMAND ANALYSIS AS OF DECEMBER 31, 2021 AS OF DECEMBER 31, 2020 2021 vs. 2020 PRICE RANGE LISTINGSACTIVESUPPLY: SALESPENDINGDEMAND: RATIO*DEMANDSUPPLY/ LISTINGSACTIVESUPPLY: SALESPENDINGDEMAND: RATIO*DEMANDSUPPLY/ CHANGE% IN LISTINGS CHANGE% PENDINGSIN $0 - $999,999 3 5 1 11 4 3 -72.7% 25.0%
9 5 2 15 9 2 -40.0% -44.4%
$2,000,000 - $2,999,999
8 9 1 15 14 1 -46.7% -35.7%
$4,000,000 - $4,999,999
$1,000,000 - $1,999,999
$3,000,000 - $3,999,999
8 2 4 9 5 2 -11.1% -60.0%
13 2 7 8 2 4 62.5% 0.0%
10 7 1 20 4 5 -50.0% 75.0% $8,000,000 - $9,999,999 9 2 5 6 1 6 50.0% 100.0% $10,000,000 and up 5 1 5 7 1 7 -28.6% 0.0% MarketTotals 73 42 2 112 50 2 -34.8% -16.0% *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 01/01/202112/31/2021 01/01/202012/31/2020 % 2021/2020CHANGE 01/01/202112/31/2021 01/01/202012/31/2020 % 2021/2020CHANGE $0 - $999,999 44 28 57.1% 44 28 57.1% $1,000,000 - $1,999,999 74 82 -9.8% 74 82 -9.8% $2,000,000 - $2,999,999 86 79 8.9% 86 79 8.9% $3,000,000 - $3,999,999 56 49 14.3% 56 49 14.3% $4,000,000 - $4,999,999 31 14 121.4% 31 14 121.4% $5,000,000 - $5,999,999 18 17 5.9% 18 17 5.9% $6,000,000 - $7,999,999 29 18 61.1% 29 18 61.1% $8,000,000 - $9,999,999 12 6 100.0% 12 6 100.0% $10,000,000 and up 4 2 100.0% 4 2 100.0% MarketTotals 354 295 20.0% 354 295 20.0% Source: Greenwich Multiple Listing Service, Single-family homes
GREENWICH SOUTH OF THE POST ROAD QUARTERLY MARKET OVERVIEW 2021Q4 2020Q4 CHANGE% FULL2021YEAR FULL2020YEARCHANGE% HOMES SOLD 21 35 -40.0% 125 98 27.6% AVERAGE SALE PRICE $6,249,500 $3,659,952 70.8% $3,902,363 $3,458,830 12.8% MEDIAN SALE PRICE $2,700,000$2,100,000 28.6% $2,380,000 $2,100,000 13.3% AVERAGE PRICE PER SQUARE FOOT $737 $690 6.8% $709 $676 4.9% AVERAGE DAYS ON MARKET 115 146 -21.2% 146 206 -29.1% % SALE PRICE TO LIST PRICE 93.5% 93.5% 0.0% 95.6% 91.1% 4.9% 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 $3,902,363 Average Sale Price Average Price/SqFt $574 $577 $726 $597 $622 $638 $666 $667 $676 $709 Average Price/SqFt Days On Market 215 160 172 191 149 184 218 235 206 146 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 95.6 %Sale Price to List Price * Homes sold for 2021 are annualized based on actual sales year-to-date.
5 1 5 11 6 2 -54.5% -83.3%
$3,000,000 - $3,999,999
6 1 6 4 3 1 50.0% -66.7%
GREENWICH SOUTH OF THE POST ROAD SUPPLY DEMAND ANALYSIS AS OF DECEMBER 31, 2021 AS OF DECEMBER 31, 2020 2021 vs. 2020 PRICE RANGE LISTINGSACTIVESUPPLY: SALESPENDINGDEMAND: RATIO*DEMANDSUPPLY/ LISTINGSACTIVESUPPLY: SALESPENDINGDEMAND: RATIO*DEMANDSUPPLY/ CHANGE% IN LISTINGS CHANGE% PENDINGSIN $0 - $999,999 2 1 2 7 3 2 -71.4% -66.7%
$6,000,000 - $7,999,999
0 0 0 4 0 Not Valid -100.0% 0.0% $10,000,000 and up 2 2 1 9 0 Not Valid -77.8% 0.0% MarketTotals 22 9 2 56 21 3 -60.7% -57.1% *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 01/01/202112/31/2021 01/01/202012/31/2020 % 2021/2020CHANGE 01/01/202112/31/2021 01/01/202012/31/2020 % 2021/2020CHANGE $0 - $999,999 20 22 -9.1% 20 22 -9.1% $1,000,000 - $1,999,999 32 23 39.1% 32 23 39.1% $2,000,000 - $2,999,999 23 19 21.1% 23 19 21.1% $3,000,000 - $3,999,999 13 13 0.0% 13 13 0.0% $4,000,000 - $4,999,999 11 4 175.0% 11 4 175.0% $5,000,000 - $5,999,999 6 1 500.0% 6 1 500.0% $6,000,000 - $7,999,999 10 6 66.7% 10 6 66.7% $8,000,000 - $9,999,999 1 2 -50.0% 1 2 -50.0% $10,000,000 and up 9 8 12.5% 9 8 12.5% MarketTotals 125 98 27.6% 125 98 27.6% Source: Greenwich Multiple Listing Service, Single-family homes
2 2 1 3 3 1 -33.3% -33.3%
$1,000,000 - $1,999,999
4 1 4 10 4 3 -60.0% -75.0%
$8,000,000 - $9,999,999
$2,000,000 - $2,999,999
$5,000,000 - $5,999,999
$4,000,000 - $4,999,999
0 1 0 3 0 Not Valid -100.0% 0.0%
1 0 Not Valid 5 2 3 -80.0% -100.0%
COS COB QUARTERLY MARKET OVERVIEW 2021Q4 2020Q4 CHANGE% FULL2021YEAR FULL2020YEAR CHANGE% HOMES SOLD 20 31 -35.5% 108 87 24.1% AVERAGE SALE PRICE $1,502,952 $1,361,677 10.4% $1,645,808 $1,408,910 16.8% MEDIAN SALE PRICE $1,354,771 $1,260,000 7.5% $1,380,000 $1,260,000 9.5% AVERAGE PRICE PER SQUARE FOOT $551 $431 27.8% $531 $444 19.6% AVERAGE DAYS ON MARKET 110 175 -37.1% 105 200 -47.5% % SALE PRICE TO LIST PRICE 99.5% 97.4% 2.2% 98.1% 96.1% 2.1% 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 $1,645,808 Average Sale Price Average Price/SqFt $414 $471 $465 $506 $489 $456 $485 $435 $444 $531 Average Price/SqFt Days On Market 153 131 103 143 162 150 164 172 200 105 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 98.1 %Sale Price to List Price * Homes sold for 2021 are annualized based on actual sales year-to-date.
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 8 9 1 20 18 1 -60.0% -50.0% *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 01/01/202112/31/2021 01/01/202012/31/2020 % 2021/2020CHANGE 01/01/202112/31/2021 01/01/202012/31/2020 % 2021/2020CHANGE $0 - $999,999 19 26 -26.9% 19 26 -26.9% $1,000,000 - $1,999,999 60 46 30.4% 60 46 30.4% $2,000,000 - $2,999,999 21 13 61.5% 21 13 61.5% $3,000,000 - $3,999,999 7 2 250.0% 7 2 250.0% $4,000,000 - $4,999,999 1 0 Not Valid 1 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 108 87 24.1% 108 87 24.1% Source: Greenwich Multiple Listing Service, Single-family homes
0 0 0 0 0 0 0.0% 0.0%
$5,000,000 - $5,999,999
$1,000,000 - $1,999,999
$4,000,000 - $4,999,999
$3,000,000 - $3,999,999
1 0 Not Valid 4 1 4 -75.0% -100.0%
$2,000,000 - $2,999,999
COS COB SUPPLY DEMAND ANALYSIS AS OF DECEMBER 31, 2021 AS OF DECEMBER 31, 2020 2021 vs. 2020 PRICE RANGE LISTINGSACTIVESUPPLY: SALESPENDINGDEMAND: RATIO*DEMANDSUPPLY/ LISTINGSACTIVESUPPLY: SALESPENDINGDEMAND: RATIO*DEMANDSUPPLY/ CHANGE% IN LISTINGS CHANGE% PENDINGSIN $0 - $999,999 2 1 2 6 2 3 -66.7% -50.0%
5 5 1 7 14 1 -28.6% -64.3%
0 0 0 0 0 0 0.0% 0.0%
0 3 0 3 1 3 -100.0% 200.0%
$6,000,000 - $7,999,999
RIVERSIDE QUARTERLY MARKET OVERVIEW 2021Q4 2020Q4 CHANGE% FULL2021YEAR FULL2020YEARCHANGE% HOMES SOLD 22 39 -43.6% 163 135 20.7% AVERAGE SALE PRICE $3,103,653 $2,956,474 5.0% $2,614,485 $2,587,852 1.0% MEDIAN SALE PRICE $2,462,500$2,050,000 20.1% $2,205,000 $2,080,000 6.0% AVERAGE PRICE PER SQUARE FOOT $770 $678 13.6% $677 $618 9.5% AVERAGE DAYS ON MARKET 72 84 -14.3% 81 151 -46.4% % SALE PRICE TO LIST PRICE 99.2% 93.6% 6.0% 99.7% 94.3% 5.7% 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 $2,614,485 Average Sale Price Average Price/SqFt $588 $582 $598 $634 $600 $619 $594 $542 $618 $677 Average Price/SqFt Days On Market 122 132 110 123 155 152 175 194 151 81 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 99.7 %Sale Price to List Price * Homes sold for 2021 are annualized based on actual sales year-to-date.
1 1 1 6 8 1 -83.3% -87.5%
0 0 0 2 1 2 -100.0% -100.0% $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 8 8 1 20 25 1 -60.0% -68.0% *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 01/01/202112/31/2021 01/01/202012/31/2020 % 2021/2020CHANGE 01/01/202112/31/2021 01/01/202012/31/2020 % 2021/2020CHANGE $0 - $999,999 15 15 0.0% 15 15 0.0% $1,000,000 - $1,999,999 54 50 8.0% 54 50 8.0% $2,000,000 - $2,999,999 44 30 46.7% 44 30 46.7% $3,000,000 - $3,999,999 26 26 0.0% 26 26 0.0% $4,000,000 - $4,999,999 9 7 28.6% 9 7 28.6% $5,000,000 - $5,999,999 10 2 400.0% 10 2 400.0% $6,000,000 - $7,999,999 5 2 150.0% 5 2 150.0% $8,000,000 - $9,999,999 0 0 Not Valid 0 0 Not Valid $10,000,000 and up 0 3 -100.0% 0 3 -100.0% MarketTotals 163 135 20.7% 163 135 20.7% Source: Greenwich Multiple Listing Service, Single-family homes
RIVERSIDE SUPPLY DEMAND ANALYSIS AS OF DECEMBER 31, 2021 AS OF DECEMBER 31, 2020 2021 vs. 2020 PRICE RANGE LISTINGSACTIVESUPPLY: SALESPENDINGDEMAND: RATIO*DEMANDSUPPLY/ LISTINGSACTIVESUPPLY: SALESPENDINGDEMAND: RATIO*DEMANDSUPPLY/ CHANGE% IN LISTINGS CHANGE% PENDINGSIN $0 - $999,999 1 1 1 3 2 2 -66.7% -50.0%
$3,000,000 - $3,999,999
2 2 1 2 3 1 0.0% -33.3% $4,000,000 - $4,999,999 2 0 Not Valid 3 1 3 -33.3% -100.0%
0 0 0 0 0 0 0.0% 0.0%
$1,000,000 - $1,999,999
$2,000,000 - $2,999,999
$6,000,000 - $7,999,999
2 4 1 4 10 0 -50.0% -60.0%
$5,000,000 - $5,999,999
OLD GREENWICH QUARTERLY MARKET OVERVIEW 2021Q4 2020Q4 CHANGE% FULL2021YEAR FULL2020YEAR CHANGE% HOMES SOLD 28 42 -33.3% 155 138 12.3% AVERAGE SALE PRICE $2,687,821$2,544,750 5.6% $2,624,038 $2,284,319 14.9% MEDIAN SALE PRICE $2,173,750$1,938,500 12.1% $2,250,000 $1,900,000 18.4% AVERAGE PRICE PER SQUARE FOOT $765 $644 18.8% $750 $625 20.0% AVERAGE DAYS ON MARKET 62 100 -38.0% 60 133 -54.9% % SALE PRICE TO LIST PRICE 99.9% 96.9% 3.1% 99.3% 96.3% 3.1% 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 $2,284,319 $2,624,038 Average Sale Price Average Price/SqFt $617 $615 $749 $644 $646 $709 $614 $636 $625 $750 Average Price/SqFt Days On Market 165 103 116 157 149 184 176 170 133 60 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 99.3 %Sale Price to List Price * Homes sold for 2021 are annualized based on actual sales year-to-date.
$1,000,000 - $1,999,999
$3,000,000 - $3,999,999
$4,000,000 - $4,999,999
1 2 1 3 1 3 -66.7% 100.0%
$5,000,000 - $5,999,999
2 1 2 7 4 2 -71.4% -75.0%
OLD GREENWICH SUPPLY DEMAND ANALYSIS AS OF DECEMBER 31, 2021 AS OF DECEMBER 31, 2020 2021 vs. 2020 PRICE RANGE LISTINGSACTIVESUPPLY: SALESPENDINGDEMAND: RATIO*DEMANDSUPPLY/ LISTINGSACTIVESUPPLY: SALESPENDINGDEMAND: RATIO*DEMANDSUPPLY/ CHANGE% IN LISTINGS CHANGE% PENDINGSIN $0 - $999,999 1 0 Not Valid 0 3 0 0.0% -100.0%
0 0 0 1 0 Not Valid -100.0% 0.0%
2 0 Not Valid 3 0 Not Valid -33.3% 0.0% $8,000,000 - $9,999,999 0 0 0 1 0 Not Valid -100.0% 0.0% $10,000,000 and up 0 0 0 0 0 0 0.0% 0.0% MarketTotals 9 9 1 26 12 2 -65.4% -25.0% *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 01/01/202112/31/2021 01/01/202012/31/2020 % 2021/2020CHANGE 01/01/202112/31/2021 01/01/202012/31/2020 % 2021/2020CHANGE $0 - $999,999 4 14 -71.4% 4 14 -71.4% $1,000,000 - $1,999,999 55 61 -9.8% 55 61 -9.8% $2,000,000 - $2,999,999 53 31 71.0% 53 31 71.0% $3,000,000 - $3,999,999 24 17 41.2% 24 17 41.2% $4,000,000 - $4,999,999 8 8 0.0% 8 8 0.0% $5,000,000 - $5,999,999 1 3 -66.7% 1 3 -66.7% $6,000,000 - $7,999,999 10 3 233.3% 10 3 233.3% $8,000,000 - $9,999,999 0 1 -100.0% 0 1 -100.0% $10,000,000 and up 0 0 Not Valid 0 0 Not Valid MarketTotals 155 138 12.3% 155 138 12.3% Source: Greenwich Multiple Listing Service, Single-family homes
2 5 0 8 4 2 -75.0% 25.0%
$6,000,000 - $7,999,999
1 1 1 3 0 Not Valid -66.7% 0.0%
$2,000,000 - $2,999,999
GREATER GREENWICH CONDOMINIUMS QUARTERLY MARKET OVERVIEW 2021Q4 2020Q4 CHANGE% FULL2021YEAR FULL2020YEAR CHANGE% UNITS SOLD 46 72 -36.1% 237 179 32.4% AVERAGE SALE PRICE $1,200,779$1,153,362 4.1% $1,090,803 $1,084,790 0.6% MEDIAN SALE PRICE $889,500 $847,750 4.9% $790,000 $799,000 -1.1% AVERAGE PRICE PER SQUARE FOOT $577 $561 2.9% $548 $524 4.6% AVERAGE DAYS ON MARKET 124 169 -26.6% 127 166 -23.5% % SALE PRICE TO LIST PRICE 96.8% 92.7% 4.4% 97.6% 93.9% 3.9% 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 $1,090,803 Average Sale Price Average Price/SqFt $422 $436 $456 $495 $488 $492 $508 $480 $524 $548 Average Price/SqFt Days On Market 227 186 154 139 133 146 179 174 166 127 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 97.6 %Sale Price to List Price * Homes sold for 2021 are annualized based on actual sales year-to-date.
$3,000,000 - $3,999,999
$4,000,000 - $4,999,999
13 2 7 14 7 2 -7.1% -71.4%
4 1 4 9 4 2 -55.6% -75.0%
0 0 0 0 0 0 0.0% 0.0%
GREATER GREENWICH CONDOMINIUMS SUPPLY DEMAND ANALYSIS AS OF DECEMBER 31, 2021 AS OF DECEMBER 31, 2020 2021 vs. 2020 PRICE RANGE LISTINGSACTIVESUPPLY: SALESPENDINGDEMAND: RATIO*DEMANDSUPPLY/ LISTINGSACTIVESUPPLY: SALESPENDINGDEMAND: RATIO*DEMANDSUPPLY/ CHANGE% IN LISTINGS CHANGE% PENDINGSIN $0 - $999,999 14 7 2 44 19 2 -68.2% -63.2%
$8,000,000 - $9,999,999
$5,000,000 - $5,999,999
1 0 Not Valid 2 0 Not Valid -50.0% 0.0%
$1,000,000 - $1,999,999
0 0 0 1 0 Not Valid -100.0% 0.0%
11 3 4 6 1 6 83.3% 200.0%
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 43 13 3 76 31 2 -43.4% -58.1% *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 01/01/202112/31/2021 01/01/202012/31/2020 % 2021/2020CHANGE 01/01/202112/31/2021 01/01/202012/31/2020 % 2021/2020CHANGE $0 - $999,999 156 113 38.1% 156 113 38.1% $1,000,000 - $1,999,999 52 39 33.3% 52 39 33.3% $2,000,000 - $2,999,999 15 19 -21.1% 15 19 -21.1% $3,000,000 - $3,999,999 12 8 50.0% 12 8 50.0% $4,000,000 - $4,999,999 2 0 Not Valid 2 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 237 179 32.4% 237 179 32.4% Source: Greenwich Multiple Listing Service, Condominium
$2,000,000 - $2,999,999
$6,000,000 - $7,999,999
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