Greenwich, CT Home Sales Report, August, 2012

Total Sales Comparison across all residential property types*

Average List Price of homes that sold Average Sale Price Sales/List Ratio Average Days on Market Number Sold

August, 2012 August, 2011

YTD 2012

YTD 2011

% Change Month

% Change YTD

$ $

2,096,207 $ 1,935,723 $ 92.3% 214 82

1,772,725 $ 1,636,651 $ 92.3% 189 73

2,144,055 $ 1,975,109 $ 92.1% 174 488

2,304,434 2,113,258 91.7% 179 517

18.2% 18.3% 0.0% 13.2% 12.3%

-7.0% -6.5% 0.5% -2.8% -5.6%

August - Sold Residential Real Estate Price Comparison

$2,500,000

$2,000,000

$1,500,000 Average List Price of homes that sold $1,000,000

Average Sale Price

$500,000

$August, 2012 August, 2011 YTD 2012 YTD 2011

Greenwich Residential Real Estate market in August posted a strong month of Single Family sales with 62 homes sold, vs. 47 homes sold in last year's August. While the number of Sales Year-to-Date for Single Family homes is still down -3.3% over last year, the inventory of for sale homes continues to decrease too. Across all property types, the average sold price in Greenwich is off -7% and the number of Sales is off -5.6%. We are in a very opportunistic time in the real estate market. There are great opportunities for Buyers, Sellers and Investo rs. Call us at the Higgins Group Greenwich office for professional advice on any of your real estate needs.
Higgins Group Greenwich - (203) 629-2900 - HigginsGroup.com

Source: Greenwich Consolidated Multiple Listing Service * Includes Single Family, Multi-Family, Land, Condo & Co-Op. Does not include Commercial or Rental properties.

Greenwich, CT Home Sales Report August, 2012

Single Family Homes
Average List Price Average Sale Price Sales/List Ratio Average Days on Market Number Sold

August, 2012 August, 2011

$ $ 2,375,661 $ 2,198,594 $ 92.5% 171 62

YTD 2012

YTD 2011
2,729,198 2,501,905 91.7% 171 399

% Change Month
7.8% 8.0% 0.2% 15.5% 31.9%

% Change YTD
-9.3% -8.9% 0.5% -10.5% -3.3%

2,203,764 $ 2,036,138 $ 92.4% 148 47

2,475,283 $ 2,279,666 $ 92.1% 153 386

Condominiums / Co-Ops August, 2012 August, 2011

Average List Price Average Sale Price Sales/List Ratio Average Days on Market Number Sold $ $ 1,383,933 $ 1,250,367 $ 90.3% 320 15

YTD 2012

YTD 2011
816,234 762,698 93.4% 205 90

% Change Month
47.8% 42.0% -3.9% 19.4% -31.8%

% Change YTD
7.6% 6.4% -1.1% 26.8% -5.6%

936,273 $ 880,273 $ 94.0% 268 22

878,349 $ 811,765 $ 92.4% 260 85

Multi-Family
Average List Price Average Sale Price Sales/List Ratio Average Days on Market Number Sold

August, 2012 August, 2011

$ $ 522,250 515,250 98.7% 318 4 $ $ 603,000 520,333 86.3% 179 3

YTD 2012
$ $ 692,100 670,000 96.8% 226 10

YTD 2011
$ $ 642,429 572,429 89.1% 188 14

% Change Month
-13.4% -1.0% 14.3% 77.7% 33.3%

% Change YTD
7.7% 17.0% 8.6% 20.2% -28.6%

Snapshot of Marketplace - Single Family September 1, 2012 Homes

Total Active Residential Listings Average List Price currently on $ market Average DOM Number of Pending sales Number of Sales YTD Average Closed Price YTD Months of Inventory $

Condominiums / Co-Ops

Multi-Family

Total Sales Comparison across all residential property types*

805 3,512,240 220 133 488 1,975,109 13.2

553 4,177,931 $ 211 88 386 2,279,666 $ 11.5

137 1,146,517 202 27 85 811,765 12.9 $ $

38 1,277,042 $ 255 10 10 670,000 $ 30.4

Source: Greenwich Consolidated Multiple Listing Service * Includes Single Family, Multi-Family, Land, Condo & Co-Op. Does not include Commercial or Rental properties.