Greenwich, CT Home Sales Report, October, 2011

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 $ $

October, 2011

October, 2010

YTD 2011

YTD 2010

% Change Month

% Change YTD

2,845,891 $ 2,625,948 $ 92.3% 189 33

3,142,600 $ 2,549,220 $ 81.1% 193 50

2,287,707 $ 2,100,631 $ 91.8% 178 614

2,315,419 2,085,176 90.1% 180 565

-9.4% 3.0% 13.7% -2.1% -34.0%

-1.2% 0.7% 2.0% -1.1% 8.7%

October - Sold Residential Real Estate Price Comparison

$3,500,000 $3,000,000

$2,500,000
$2,000,000 $1,500,000 Average List Price of homes that sold

Average Sale Price $1,000,000

$500,000

$October, 2011 October, 2010 YTD 2011 YTD 2010

The Greenwich Residential Real Estate Market slowed this October with only 33 sales, vs. 50 sales from October of last year. The average price year-to-date dropped -1.2% vs. last year but the number of sales is still up 8.7% over last year. There were no sales in the Multi-family sector this October and the Single Family and Condominium Sectors are down 35% and 45% respectively.
We are in a very opportunistic time in the real estate market. There are great opportunities for Buyers, Sellers and investors. 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 October, 2011

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

October, 2011
3,248,859 $ 3,034,832 $ 93.4% 174 22

October, 2010

YTD 2011

YTD 2010
2,802,723 2,518,581 89.9% 170 413

% Change Month
-14.0% 1.2% 17.7% 1.2% -35.3%

% Change YTD
-3.3% -1.1% 2.2% -1.2% 12.6%

3,778,294 $ 2,997,515 $ 79.3% 172 34

2,710,180 $ 2,489,983 $ 91.9% 168 465

Condominiums
Average List Price Average Sale Price Sales/List Ratio Average Days on Market Number Sold $ $

October, 2011
709,417 $ 658,750 $ 92.9% 229 6

October, 2010

YTD 2011

YTD 2010
920,902 836,151 90.8% 193 108

% Change Month
-48.0% -46.5% 2.8% -11.6% -45.5%

% Change YTD
0.3% 2.9% 2.6% 0.0% -21.3%

1,364,364 $ 1,232,318 $ 90.3% 259 11

923,640 $ 860,544 $ 93.2% 193 85

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

October, 2011
no sales no sales no sales no sales no sales $ $

October, 2010
1,250,000 1,175,000 94.0% 25 1

YTD 2011
$ $ 680,476 602,667 88.6% 219 21

YTD 2010
$ $ 772,231 676,538 87.6% 239 13

% Change Month
#VALUE! #VALUE! #VALUE! #VALUE! #VALUE!

% Change YTD
-11.9% -10.9% 1.1% -8.4% 61.5%

Snapshot of Marketplace - Single Family November 1, 2011 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

Multi-Family

Total Sales Comparison across all residential property types*

861 3,430,000 198 99 614 2,100,631 14.0

586 4,250,000 $ 200 66 465 3,034,832 $ 12.6

144 1,146,000 201 27 85 860,544 16.9 $ $

36 1,062,000 $ 287 4 21 676,538 $ 17.1

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