FIRST HALF 2019 GREENWICH MARKET STATS: STILL SLOW WITH SOME HIGHLIGHTS

The first half of the 2019 Greenwich Real Estate Market has ended inauspiciously, with Single Family Unit Sales down -17.8%, January-June 2019 vs. 2018, Sales Volume down -21.1% and Inventory up +9.1%.  The highlight here, however,  is sales in the $2-3M range, which has increased this year-to-date versus last year +10.2%. This price segment significantly…

1ST QUARTER 2019 SINGLE FAMILY GREENWICH MARKET STATS: A SLOW START

2019 is getting off to a slow start compared to first quarter last year, with Sales down 28% and Pending Contracts down 33%.  Meanwhile, we had 21 Contingent Contracts – 8 of which are in the strongest $2-3M range–waiting to close as of the end of March, which will certainly help the cause if all…

GREENWICH SINGLE FAMILY HOME SALES UP IN 2018; NEW TAX LAWS HAVE IMPACT

Despite 4thquarter Single Family Home Sales in the Greenwich Market ending slightly down, -3.62%, the good news is that sales 2017-to-2018 overall ended up +4.4%.  Ordinarily this increase would not be remarkable but, when considering that early indicators show that the number of sales dropped in New York City, Westchester County and in other towns…