Greenwich, CT Home Sales Report, January, 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 $ $

January, 2012

January, 2011

YTD 2012

YTD 2011

% Change Month

% Change YTD

2,550,279 $ 2,274,032 $ 89.2% 132 39

2,287,920 $ 2,100,177 $ 91.8% 152 44

2,550,279 $ 2,274,032 $ 89.2% 132 39

2,287,920 2,100,177 91.8% 152 44

11.5% 8.3% -2.9% -13.2% -11.4%

11.5% 8.3% -2.9% -13.2% -11.4%

January - Sold Residential Real Estate Price Comparison

$3,000,000

$2,500,000

$2,000,000

$1,500,000

Average List Price of homes that sold

$1,000,000

Average Sale Price

$500,000

$January, 2012 January, 2011 YTD 2012 YTD 2011

Greenwich Residential Real Estate Market began 2012 with fewer sales, but higher average sales price. This increase in sales price was led predomidently by Single Family Homes, which, of the 28 sales, 10 sales were over $3million driving the average sales price up. Condominium and Multi-Family sales were about the same number of transactions as this time last year, however the average sales price of Condominiums was down 4-1% from this time last year.
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 January, 2012

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

January, 2012
3,306,032 $ 2,933,009 $ 88.7% 123 28

January, 2011

YTD 2012

YTD 2011
2,810,565 2,590,371 92.2% 104 31

% Change Month
17.6% 13.2% -3.7% 18.3% -9.7%

% Change YTD
17.6% 13.2% -3.7% 18.3% -9.7%

2,810,565 $ 2,590,371 $ 92.2% 104 31

3,306,032 $ 2,933,009 $ 88.7% 123 28

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

January, 2012
621,700 $ 588,300 $ 94.6% 167 10

January, 2011

YTD 2012

YTD 2011
1,062,444 964,033 90.7% 151 9

% Change Month
-41.5% -39.0% 4.3% 10.6% 11.1%

% Change YTD
-41.5% -39.0% 4.3% 10.6% 11.1%

1,062,444 $ 964,033 $ 90.7% 151 9

621,700 $ 588,300 $ 94.6% 167 10

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

January, 2012
675,000 680,000 100.7% 39 1 $ $

January, 2011
592,000 527,000 89.0% 254 2

YTD 2012
$ $ 675,000 680,000 100.7% 39 1

YTD 2011
$ $ 592,000 527,000 89.0% 254 2

% Change Month
14.0% 29.0% 13.2% -84.6% -50.0%

% Change YTD
14.0% 29.0% 13.2% -84.6% -50.0%

Snapshot of Marketplace - Single Family February 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*

738 3,559,028 227 96 39 2,274,032 227.1

495 4,474,685 $ 218 67 28 2,933,009 $ 212.1

146 1,180,862 214 17 10 588,300 175.2 $ $

24 1,149,575 $ 339 6 1 527,000 $ 288.0

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