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May 2013 Market Report - Greenwich, CT Real Estate

May 2013 Market Report - Greenwich, CT Real Estate

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Published by Jack Sarsen
The May 2013 issue of the Greenwich, CT Real Estate Market Report covering single family homes sold in Greenwich, Cos Cob, Riverside and Old Greenwich Connecticut. The author, Jack Sarsen, is a Realtor with David Ogilvy & Associates, an exclusive affiliate of Christie's International Real Estate. Please help us improve this report by providing your comments and suggestions to jsarsen@gmail.com.
The May 2013 issue of the Greenwich, CT Real Estate Market Report covering single family homes sold in Greenwich, Cos Cob, Riverside and Old Greenwich Connecticut. The author, Jack Sarsen, is a Realtor with David Ogilvy & Associates, an exclusive affiliate of Christie's International Real Estate. Please help us improve this report by providing your comments and suggestions to jsarsen@gmail.com.

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Categories:Types, Business/Law
Published by: Jack Sarsen on Jun 20, 2013
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Source: Greenwich MLS1
GreenwichRealEstateMonthlyMarketReport–May2013
Jack Sarsen, David Ogilvy & AssociatesChristie’s International Real Estate
75 Arch Street, Greenwich, CT 06830203-253-0476 | jsarsen@gmail.com
 
May2013Summary
SingleFamilyHomesSold69 AverageOriginalListPrice$2,199,840 AverageListPrice$2,129,275AverageSalePrice$2,006,535 AverageDaysonMarket147
 
May2013SingleFamilyHomesAverageSalesPricebyArea
TOTALSOLDORIGAVGLISTPRICEAVERAGELISTPRICEAVERAGESALEPRICE%SALETOLISTPRICEAVGDOM
GREENWICH31$2,474,581$2,381,774$2,205,16592.58%174COSCOB11$1,510,909$1,512,182$1,431,30594.65%125RIVERSIDE13$2,528,308$2,445,077$2,359,23196.49%132OLDGREENWICH14$1,827,786$1,761,786$1,691,17995.99%117
ALLAREASAVG.69$2,199,841$2,129,275$2,006,53694.24%147
 
May2013SingleFamilyHomesSoldbyPriceRange
GREENWICHCOSCOBRIVERSIDEOLDGREENWICHTOTAL
Under$1M1023318$1M-$2M984526$2M-$3M303511$3M-$4M51118$4M-$5M20103$5M-$7.5M10102$7.5M-$10M10001$10M+00000
TOTAL3111131469
 
Source: Greenwich MLS2
Six-MonthAverageSalesPricebyArea–December2012throughMay2013
NOV'12DEC'12JAN'13FEB'13MAR'13APR'13
GREENWICH2,993,6113,142,0211,999,9623,381,2192,746,9641,680,602COSCOB1,516,5001,143,850875,0001,655,0001,097,9401,023,500RIVERSIDE2,026,3642,819,3451,822,1882,494,9051,588,5571,848,680OLDGREENWICH1,910,9882,531,0431,363,6671,981,7142,439,1111,569,724
ALLAREASAVG.2,429,3232,733,0801,851,4272,802,1082,169,7631,658,229
Chart:Six-MonthAverageSalesPricebyArea–December2012toMay2013
2008–2013SingleFamilyHomesAverageSalesPrice
GREENWICHCOSCOBRIVERSIDEOLDGREENWICHAVERAGE
2008$3,423,813$1,429,370$2,750,007$2,041,163
$2,822,185
2009$3,575,890$1,249,104$2,054,154$1,785,979
$2,668,805
2010$3,358,195$1,140,153$1,827,964$1,732,860
$2,518,863
2011$3,058,461$1,098,761$1,858,377$1,905,612
$2,429,922
2012$2,833,234$1,224,822$2,135,382$2,294,359
$2,387,773
2013YTD$2,315,739$1,283,176$2,004,968$1,800,640
$2,041,040
!"!!!!!500,000!!!1,000,000!!!1,500,000!!!2,000,000!!!2,500,000!!!3,000,000!!!3,500,000!!!4,000,000!!DEC!'12!JAN!'13!FEB!'13!MAR!'13!APR!'13!MAY!'13!GREENWICH!COS!COB!RIVERSIDE!OLD!GREENWICH!
 
Source: Greenwich MLS3
Chart:2008–2013(2013YTDthroughMay)SingleFamilyHomesAverageSalesPrice
SingleFamilyHomesSoldbyMonth,DecemberthroughMay;2008–2013
DECJANFEBMARAPRMAY2008
1336
27344240
2009
435
6152117
2010
4433
25353840
2011
3031
26374757
2012
6828
23383752
2013
***
3029
314769
Chart:SingleFamilyHomesSoldbyMonth,DecemberthroughMay;2008–2013
$0$500,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000$3,500,000$4,000,000
GREENWICH COS COB RIVERSIDE OLD GREENWICH
200820092010201120122013 YTD
0"10"20"30"40"50"60"70"80"DEC"JAN"FEB"MAR"APR"MAY"2008"2009"2010"2011"2012"2013"

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