Charles Paternina Real Estate Brokerage Practice 148 Zaccheus Mead Lane Greenwich, CT 06831 Tel: (203) 622 ยท 3189
[email protected]
Welcome to the August 2009 Data Greenwich Real Estate Monthly Update. This update exists to keep you informed about what is happening in the Real Estate Market in Greenwich, CT.
Call me to discuss further as well as for any of your Real Estate needs. AUGUST 2009 DATA:GREENWICH REAL ESTATE MONTHLY UPDATE 2008 Information 2009 Information
Number Transactions Calendar 2008
Closed. Price Calendar 2008
SINGLE FAMILY (*) Condo Co-Op Multi-Family Land Commercial
460 134 14 18 13 21
$1,269,649,302 $124,053,824 $9,949,000 $20,818,550 $36,942,000 $313,357,500
TOTAL
660
$1,774,770,176
(*) SINGLE FAMILY: BY PRICE RANGE
Calendar 2008
Closed. Price Calendar 2008
Median Price Sold Jan. 1 to Calendar 2008 end Aug. 2009 $1,908,750 $717,750 $560,000 $728,125 $1,352,500 $4,350,000
Sold Jan. 1 to end Aug. 2008
Sold Jan. 1 to end Aug. 2009 in $
Sold Jan. 1 to end Aug. 2008 in $
205 55 11 7 8 11
380 119 11 13 9 18
$527,879,584 $48,842,140 $4,300,000 $5,018,800 $25,593,500 $34,105,443
$1,059,638,082 $110,373,324 $6,549,000 $17,072,300 $30,992,000 $300,507,500
297
550
$645,739,467
$1,525,132,206
Sold Jan. 1 to end Aug. 2009
Sold Jan. 1 to end Aug. 2008
Sold Jan. 1 to Sold Jan. 1 to end Aug. 2009 in $ end Aug. 2008 in $
Less than $400,000 $400,001 - $600,000 $600,001 - $750,000 $750,001 - $1,000,000 $1,000,001 - $1,500,000 $1,500,001 - $2,000,000 $2,000,001 - $3,000,000 $3,000,001 - $4,000,000 $4,000,001 - $5,000,000 Greater than $5,000,001
1 24 28 46 65 70 94 53 25 54
$295,000 $12,145,300 $19,035,500 $39,633,750 $81,011,000 $120,538,175 $232,115,775 $180,566,915 $109,603,387 $474,704,500
1 26 17 26 29 25 30 17 10 24
0 19 22 42 52 56 76 46 21 46
$385,000 $13,123,212 $11,607,950 $22,517,500 $36,043,001 $42,328,911 $72,342,500 $58,011,510 $45,300,000 $226,220,000
$0 $9,519,500 $15,033,000 $36,086,250 $64,548,500 $97,123,175 $189,720,775 $157,241,915 $92,017,967 $398,347,000
TOTAL
460
$1,269,649,302
205
380
$527,879,584
$1,059,638,082
-46%
P r e p a r e d b y : C h a r l e s P a t e r n i n a.
Source: De Carro Associates LLC
-50%
Median Price Jan. 1 to end Aug. 2009 $1,425,000 $677,500 $357,750 $514,700 $1,487,500 $1,912,500
Median Price Jan. 1 to end Aug. 2008 $2,015,000 $710,250 $537,500 $975,000 $2,008,750 $6,252,000