Fourth Quarter and Year End Greenwich Market Update 2024

January 7, 2025

January 6, 2025 (Greenwich, CT) - The Greenwich Association of REALTORS® announces the 2024 Fourth Quarter statistics for home sales in The Town of Greenwich, CT.


There were 115 single-family residential closings reported during this period according to figures provided by The Greenwich Multiple Listing Service, Inc., the multiple listing service used by REALTORS® in the Greenwich area.


The number of single-family residential closings decreased compared to Q4 2023 when there were 110 closings.



The median sale price for a single-family home increased to $2,800,000 from the median sales price in Q4 2023, which was $2,200,000.


The average days on the market (DOM) for residential homes was 72 days; which was a decrease from 87 days in Q4 2023.


There were 40 condo/co-op residential closings reported during this time period; which was an increase from Q4 2023 when there were 34 closings.


The median sale price for a condo/co-op increased to $1,157,500 from the median sales price in Q4 2023, which was $1,030,084.


The average days on the market (DOM) for condo/co-op residential homes was 43; which remained the same at 43 days in Q4 2023.

(Single Family Sales, All Areas)

(Condo/Co-Op Sales, All Areas)

(Single Family Median Sales, All Areas - Green line = Assessed Values, Blue line = Median Sale Price)

(Condo/Co-Op Median Sales, All Areas - Green line = Assessed Values, Blue line = Median Sale Price)

2024 Year-End Real Estate Market Overview



The 2024 real estate market saw a slight decline in single-family home sales compared to the previous year. In 2024, there were 501 single-family sales, down from 527 in 2023, reflecting a 4.93% year-over-year decrease. However, despite the drop in sales, the median sale price for single-family homes saw a significant increase of 18.20%, rising to $2,866,300 from $2,425,000 in 2023. Additionally, homes sold faster in 2024, with the average days on market decreasing by 25.76%, from 96 days in 2023 to 71 days this past year. New listings also saw a modest increase, rising by 3.99% to a total of 677 new single-family home listings, compared to 651 in 2023.


The condo and co-op market, in contrast, experienced positive growth in 2024. Sales in this category rose by 8.38%, with 194 transactions recorded compared to 179 in 2023. The median sale price for condos and co-ops also saw a notable increase of 17.77%, climbing to $1,012,250 from $859,500 the year prior. Similarly, condos and co-ops sold more quickly in 2024, with the average days on market dropping by 25.76%, from 66 days in 2023 to 57 days. However, the number of new condo and co-op listings decreased slightly by 5.77%, with 196 new listings in 2024 compared to 208 in 2023.


The Greenwich Association of REALTORS® (“GAR”) is the professional board of choice for the real estate industry in Greenwich. Established in 1924, the association provides professional development and services for REALTORS® and represents the concerns and interests of private property and home ownership rights. The association has over 850 members and is headquartered in Greenwich, CT.


Wholly owned and operated by GAR, the Greenwich MLS facilitates the most convenient and efficient marketplace for both REALTORS® and consumers by providing instant exposure to the largest possible pool of potential buyers for sellers, and the greatest number of housing options for buyers, which means sellers will receive top dollar for their home, while buyers benefit from transparency in market value.


Looking to purchase, sell or lease a home in the Greenwich, CT area? Find a REALTOR® who can help.


Media Inquiries: Stacey Loh, EVP/CEO

Greenwich Association of REALTORS®/Greenwich Multiple Listing Service, Inc.

40 East Elm Street, Greenwich, CT 06830

More News & Press Releases


By Victoria DeAndrea June 18, 2026
Real Estate Report | Brian Amen, GAR 2026 President & Stacey Loh, GAR EVP
By Victoria DeAndrea June 10, 2026
Interview with Patrick LaRow | Greenwich Planning & Zoning
By Victoria DeAndrea June 8, 2026
June 8, 2026 (Greenwich, CT) - The Greenwich Association of REALTORS® announces the statistics for home sales for the month of May 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 50 single-family residential closings reported across all areas of Greenwich during the month of May 2026. This figure decreased 15.25%, compared to May 2025 when there were 59 closings. The Median Sale Price for a single-family home increased 16.67% to $3,150,000 from the median sales price in May 2025, which was $2,700,000. The average Days On Market (DOM) for residential homes was 69 days; which was a 23.21% increase from 56 days in May 2025. There were 77 new single-family listings brought to the market in May 2026, which is a 10.47% decrease in New Listings when compared to May 2025 when there were 86. At month-end, Active single-family inventory totaled 114 units, which is a 36.3% decrease from May 2025 when there were 179 units available. Condominium and Co-op Sales There were 11 condo/co-op residential closings reported across all areas of Greenwich during the month of May 2026. This figure decreased 35.29%, compared to May 2025 when there were 17 closings. The Median Sale Price for a condo/co-op increased 32.91% to $1,050,000 from the median sales price in May 2025, which was $790,000. The average Days On Market (DOM) for condo/co-op residential homes was 27, which was a 55% decrease from 60 days in May 2025. There were 21 new condo/co-op units brought to the market in May 2026, which is an increase of 10.53%, compared to May 2025 when there were 19. At month-end, Active condo/co-op inventory totaled 32 units, which is a 27.3% decrease from May 2025 when there were 44 units available. For the latest data and detailed breakdowns, click here to view the full market statistics reports. "May 2026 data highlights a market defined by continued price growth and tightening inventory," stated Brian Amen, GAR 2026 President. "With single-family median prices rising 16.67% and condo/co-op prices jumping 32.91%, buyer competition remains strong despite a reduction in sales volume. This demand continues to limit available housing stock, necessitating a proactive and swift approach from buyers in the current environment."
By Victoria DeAndrea June 4, 2026
Interview with State Representative Tina Courpas
By Victoria DeAndrea May 28, 2026
Interview with Patrick LaRow | Greenwich Planning & Zoning
By Victoria DeAndrea May 21, 2026
Real Estate Report | Brian Amen, 2026 GAR President & Stacey Loh, GAR EVP
By Victoria DeAndrea May 13, 2026
Interview with Patrick La Row | Greenwich Planning and Zoning
By Victoria DeAndrea May 6, 2026
May 6, 2026 (Greenwich, CT) - The Greenwich Association of REALTORS® announces the statistics for home sales for the month of April 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 36 single-family residential closings reported across all areas of Greenwich during the month of April 2026. This figure decreased 10%, compared to April 2025 when there were 40 closings. The Median Sale Price for a single-family home increased 23.08% to $4,000,000 from the median sales price in April 2025, which was $3,250,000. The average Days On Market (DOM) for residential homes was 39 days; which was a 36.07% decrease from 61 days in April 2025. There were 90 new single-family listings brought to the market in April 2026, which is a 3.23% decrease in New Listings when compared to April 2025 when there were 93. At month-end, Active single-family inventory totaled 99 units, which is a 38.1% decrease from April 2025 when there were 160 units available. Condominium and Co-op Sales There were 16 condo/co-op residential closings reported across all areas of Greenwich during the month of April 2026. This figure increased 6.67%, compared to April 2025 when there were 15 closings. The Median Sale Price for a condo/co-op increased 46.60% to $1,400,000 from the median sales price in April 2025, which was $955,000. The average Days On Market (DOM) for condo/co-op residential homes was 49, which was a 48.48% increase from 33 days in April 2025. There were 31 new condo/co-op units brought to the market in March 2026, which is an increase of 6.90%, compared to April 2025 when there were 29. At month-end, Active condo/co-op inventory totaled 32 units, which is a 28.9% decrease from April 2025 when there were 45 units available. For the latest data and detailed breakdowns, click here to view the full market statistics reports. "April 2026 was defined by price gains and a lack of inventory in Greenwich," stated Brian Amen, GAR 2026 President. "We saw a 46.60% increase in the median sales price for condo/co-ops and a 23.08% increase for single-family homes, confirming buyer competition. This demand is reducing our available housing inventory, with single-family inventory dropping 38.1% and condo/co-op inventory down nearly 29%. The 36.07% decrease in Days On Market for single-family properties further confirms that buyers must act quickly in this highly competitive environment. "
By Victoria DeAndrea April 29, 2026
Interview with Patrick La Row | Greenwich Planning and Zoning
By Victoria DeAndrea April 23, 2026
Interview with State Representative Hector Arzeno
By Victoria DeAndrea April 15, 2026
Stacey Loh, GAR EVP & Brian Amen, GAR 2026 President
By Victoria DeAndrea April 8, 2026
Stacey Loh, GAR EVP & Brian Amen, GAR 2026 President