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2009 August Data Grwich Update

This document is a real estate monthly update from Charles Paternina, a Greenwich, CT real estate broker. It provides statistics on the Greenwich real estate market from January 2008 to August 2009, including the number of transactions, median home prices, and homes sold by price range. Overall, real estate transactions decreased 46% and median home prices decreased 50% compared to the same period in 2008. The broker invites the reader to contact him for any real estate needs.

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122 views1 page

2009 August Data Grwich Update

This document is a real estate monthly update from Charles Paternina, a Greenwich, CT real estate broker. It provides statistics on the Greenwich real estate market from January 2008 to August 2009, including the number of transactions, median home prices, and homes sold by price range. Overall, real estate transactions decreased 46% and median home prices decreased 50% compared to the same period in 2008. The broker invites the reader to contact him for any real estate needs.

Uploaded by

charlespaternina
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
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Charles Paternina Welcome to the August 2009 Data Greenwich Real Estate Monthly Update.

This
Real Estate Brokerage Practice update exists to keep you informed about what is happening in the Real Estate
148 Zaccheus Mead Lane Market in Greenwich, CT.
Greenwich, CT 06831
Tel: (203) 622 · 3189
[email protected]
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 Number Transactions Closed. Price Median Price Sold Jan. 1 to Sold Jan. 1 to Sold Jan. 1 to end Sold Jan. 1 to end Median Price Jan. 1 Median Price Jan. 1
2009 Information Calendar 2008 Calendar 2008 Calendar 2008 end Aug. 2009 end Aug. 2008 Aug. 2009 in $ Aug. 2008 in $ to end Aug. 2009 to end Aug. 2008

SINGLE FAMILY (*) 460 $1,269,649,302 $1,908,750 205 380 $527,879,584 $1,059,638,082 $1,425,000 $2,015,000
Condo 134 $124,053,824 $717,750 55 119 $48,842,140 $110,373,324 $677,500 $710,250
Co-Op 14 $9,949,000 $560,000 11 11 $4,300,000 $6,549,000 $357,750 $537,500
Multi-Family 18 $20,818,550 $728,125 7 13 $5,018,800 $17,072,300 $514,700 $975,000
Land 13 $36,942,000 $1,352,500 8 9 $25,593,500 $30,992,000 $1,487,500 $2,008,750
Commercial 21 $313,357,500 $4,350,000 11 18 $34,105,443 $300,507,500 $1,912,500 $6,252,000

TOTAL 660 $1,774,770,176 297 550 $645,739,467 $1,525,132,206

(*) SINGLE FAMILY: BY Closed. Price Sold Jan. 1 to Sold Jan. 1 to Sold Jan. 1 to Sold Jan. 1 to
PRICE RANGE Calendar 2008 Calendar 2008 end Aug. 2009 end Aug. 2008 end Aug. 2009 in $ end Aug. 2008 in $

Less than $400,000 1 $295,000 1 0 $385,000 $0


$400,001 - $600,000 24 $12,145,300 26 19 $13,123,212 $9,519,500
$600,001 - $750,000 28 $19,035,500 17 22 $11,607,950 $15,033,000
$750,001 - $1,000,000 46 $39,633,750 26 42 $22,517,500 $36,086,250
$1,000,001 - $1,500,000 65 $81,011,000 29 52 $36,043,001 $64,548,500
$1,500,001 - $2,000,000 70 $120,538,175 25 56 $42,328,911 $97,123,175
$2,000,001 - $3,000,000 94 $232,115,775 30 76 $72,342,500 $189,720,775
$3,000,001 - $4,000,000 53 $180,566,915 17 46 $58,011,510 $157,241,915
$4,000,001 - $5,000,000 25 $109,603,387 10 21 $45,300,000 $92,017,967
Greater than $5,000,001 54 $474,704,500 24 46 $226,220,000 $398,347,000

TOTAL 460 $1,269,649,302 205 380 $527,879,584 $1,059,638,082


-46% -50%
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

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