Real Estate Market Update for Greenwich, CT

Video: Real Estate Community Tour for Greenwich, CT

See Real estate community tour for Greenwich, CT
Welcome to April's Market Update. Let’s take a look at residential real-estate activity in your area during the month of March. The number of active listings was up 15% from one year earlier, and up 7% from the previous month. This continued upward trend reflected a healthy inventory for buyers to choose from. As you can see, the median listing price for the month was just under 2.5-million dollars. Compared to last year, the average number of days units spent on the market before being sold was down 8%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 1.4-million dollars. The number of units sold decreased 5% year-over-year, and decreased 36% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Greenwich, CT
Area Information for Greenwich, CT
  • Population: 63,053
  • Median Age: 44.12 yr
  • Median Commute Time: 28 mins
  • Educational Climate*: 4
  • Sales Tax: 6%
  • Population Density: 1,323/sq mi
  • Population Change Since 2000: 3.16%
  • Closest Airport: Westchester County
  • Closest College: University Connecticut-stamford
  • Closest Jr. College: The College Of Westchester
  • Median Household Income: $133,581
  • Annual Residential Turnover: 9%
  • Median Home Sales Price: $1,150,000
  • Closest Major Sports Team: New York Islanders
  • Change Avg. Household Income Since 2000: 28.24%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Greenwich, CT
Median Age: 44.12 Married: 48% Number of Households: 23,819 Households with Children: 8,418
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Greenwich, CT

      School Name Distance Type Grades School Rating Parent Rating
      The Greenwich Japanese School 1.2 mi Private 1-9 0 0
      Carmel Academy 1.2 mi Private K-8 0 0
      North Street School 1.3 mi Public PRESCHOOL-5 5 0
      Greenwich Academy 1.3 mi Private PRESCHOOL-12 0 0
      Greenwich Country Day School 1.4 mi Private K-9 0 0
      Greenwich Catholic School 1.4 mi Catholic PRESCHOOL-8 0 0
      Brunswick School 1.5 mi Private PRESCHOOL-12 0 0
      Glenville School 1.5 mi Public K-5 4 0
      Eagle Hill School 1.7 mi Private UNGRADE-UNGRADE 0 0
      Central Middle School 2.0 mi Public 6-8 5 0
      Greenwich High School 2.0 mi Public 9-12 5 4
      Julian Curtiss School 2.1 mi Public K-5 3 0
      The Stanwich School 2.3 mi Private PRESCHOOL-12 0 0
      Hamilton Avenue School 2.6 mi Public PRESCHOOL-5 2 0
      Western Middle School 3.2 mi Public 6-8 3 4
      Parkway School 3.8 mi Public PRESCHOOL-5 5 0
      New Lebanon School 3.8 mi Public K-5 2 0
      Whitby School 4.1 mi Private PRESCHOOL-8 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2015. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for Greenwich, CT
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.