Greenwich, CT 06831 Real Estate Market Report

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Market Metrics

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

Property Taxes

Liquidity & Velocity

Market Trends & Context

Key Findings

1. The primary market indicator is the recent median sold price of 2,192,000, which reflects realized value in the neighborhood and aligns with a broader up price trend reported for the area, supporting a hot market characterization.
2. Liquidity appears slow relative to typical suburban norms: the median days on market is 491, which suggests slower sales velocity and potential pricing friction despite strong market temperature.
3. Seller expectations are near recent transaction levels with a median listing price of 2,132,500 alongside a median price per square foot of 638, indicating that asking prices are generally close to realized prices in this market and may support continued price resilience in demand-sensitive segments (hot).
4. Rents are strengthening in tandem with prices—the median market rent is 5,500 and rent trends are reported up year-over-year—implying sustained demand for premium rental stock and reinforcing the area's appeal to higher-income households (moderate interest rate pressure).

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.