September 8, 2026 (Greenwich, CT) - The Greenwich Association of REALTORS® announces the statistics for home sales for the month of August 2026 according to figures provided by the Greenwich Multiple Listing Service, Inc. The Greenwich MLS and greenwich.realestate is the most accurate and comprehensive resource of active inventory and property listing data across all five zip codes of the Town of Greenwich. Single-Family Home Sales There were 37 single-family residential closings reported across all areas of Greenwich during the month of August 2026. This figure decreased 31.21%, compared to August 2025 when there were 58 closings. The Median Sale Price for a single-family home increased 41.05% to $3,950,000 from the median sales price in August 2025, which was $2,800,518. The average Days On Market (DOM) for residential homes was 17 days; which was a 69.09% decrease from 55 days in August 2025. There were 17 new single-family listings brought to the market in August 2026, which is a 34.62% decrease in New Listings when compared to August 2025 when there were 26. At month-end, Active single-family inventory totaled 83 units, which is a 29.1% decrease from August 2025 when there were 117 units available. The % of List Price Received for single-family listings was 103.6%, a 1% increase from August 2025, when it was 102.6%. Condominium and Co-op Sales There were 14 condo/co-op residential closings reported across all areas of Greenwich during the month of August 2026. This figure decreased 26.32%, compared to August 2025 when there were 19 closings. The Median Sale Price for a condo/co-op increased 12.32% to $1,162,500 from the median sales price in August 2025, which was $1,035,000. The average Days On Market (DOM) for condo/co-op residential homes was 31, which was a 39.22% decrease from 51 days in August 2025. There were 21 new condo/co-op units brought to the market in August 2026, which is an increase of 90.91%, compared to August 2025 when there were 11. At month-end, Active condo/co-op inventory totaled 31 units, which is a 22.5% decrease from August 2025 when there were 40 units available. The % of List Price Received for condo/co-op units was 101%, a 0.6% decrease from August 2025, when it was 101.6%. For the latest data and detailed breakdowns, click here to view the full market statistics reports. "The August 2026 data highlights a highly competitive Greenwich market, where significant reductions in inventory are driving faster sales cycles and continued upward pressure on pricing,” stated Brian Amen, GAR 2026 President. “With single-family home median prices rising over 41% and properties moving in just 17 days on average, it is clear that persistent demand continues to shape our local landscape despite limited available supply."

Interview with State Representative Stephen Meskers