2009 Snapshot Of Annual Sales Data
Central Greenwich - Single Family Homes - Up to $3,000,000

Single Family Homes Sales - Within The 06830 Zip Code - Sale Prices Up To $3,000,000

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Calendar Year	# of Units Sold	Average Sale Price	Median Sale Price	Lowest Sale Price	Highest Sale Price	Average Time On Market	Sale Price/ List Price %
2004	223	$1,582,402	$1,498,000	$412,500	$3,000,000	100 days	97.3%
2005	163	$1,692,795	$1,645,000	$495,000	$3,000,000	126 days	97.1%
2006	125	$1,757,226	$1,790,000	$522,000	$3,000,000	137 days	95.2%
2007	128	$1,792,903	$1,850,000	$565,000	$3,000,000	186 days	94.9%
2008	85	$1,687,019	$1,788,000	$295,000	$2,995,000	246 days	94%
2009	65	$1,501,807	$1,537,500	$385,000	$3,000,000	210 days	89.3%

NOTES:

1. Average time on the market was 7 months (210 days)
2. 65 transactions is a pace of less than 5.5 sales per month.
3. The sale price/list price ratio of 89.3% means that most homes (on the average) are selling approximately 11% below their asking prices.

Special Note: When considering averages, it is important to keep in mind that, statistically speaking, a person standing with one foot in a roaring fire and the other foot in a bucket of ice water, is ("on the average") said to be quite comfortable.

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© Copyright 2007 William Boeckelman Publications