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

Single Family Homes Sales - Within The 06830 Zip Code - Sale Prices OVER $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	127	$5,489,199	$4,350,000	$3,005,000	$45,000,000	235 days	92.8%
2005	113	$5,985,162	$4,800,000	$3,025,000	$18,500,000	231 days	94.6%
2006	97	$5,390,474	$4,600,000	$3,100,000	$15,500,000	215 days	95.3%
2007	105	$6,149,285	$5,305,000	$3,075,000	$28,500,000	255 days	93.4%
2008	57	$6,075,883	$4,750,000	$3,020,000	$18,000,000	366 days	89.9%
2009	49	$5,666,075	$4,850,000	$3,100,000	$16,500,000	326 days	84%

NOTES:

1. Average time on the market was almost 11 months (326 days)
2. 49 transactions is a pace of just over 4 sales per month.
3. The sale price/list price ratio of 84% means that most homes (on the average) are selling 16% 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