greenwich ct market stats - elwell

10
I 203.661.9200 · www.greenwichfineproperties.com JAN.-NOV . JAN.-NOV . 2008 2009 %CHANGE Current Inventory 584 589 +1% Unit Sales 386 284 -26% Days on Market 220 237 +8% % Sale Price/List Price 94.1% 89.7% -4.7% Y EAR - TO -D ATE C OMPARISONS JAN.-NOV . JAN.-NOV . 2008 2009 %CHANGE Average Sale Price $2,850,441 $2,657,252 -7% Median Sale Price $2,000,000 $1,681,500 -16% Information deemed reliable, but subject to verification by all parties. Source: Greenwich Multiple Listing Service, Inc. 2008-2009 © 2009 Greenwich Fine Properties All Rights Reserved. May not be reproduced in any form or transmitted without written permission. G REENWICH ,CONNECTICUT R ESIDENTIAL MARKET S INGLE FAMILY S ALES ·J ANUARY-N OVEMBER 2008 VS 2009 S TATISTICAL MARKET OVERVIEW

Upload: scott-elwell

Post on 23-Mar-2016

216 views

Category:

Documents


1 download

DESCRIPTION

Scott Elwell Greenwich Fine Properties [email protected] 203.940.0444

TRANSCRIPT

Page 1: Greenwich CT Market Stats - Elwell

I203 . 6 6 1 . 9 2 0 0 · www.greenwichfineproperties.com

JAN.-NOV. JAN.-NOV.2008 2009 % CHANGE

Current Inventory 584 589 +1%

Unit Sales 386 284 -26%

Days on Market 220 237 +8%

% Sale Price/List Price 94.1% 89.7% -4.7%

YEAR-TO-DATE COMPARISONS

JAN.-NOV. JAN.-NOV.2008 2009 % CHANGE

Average Sale Price $2,850,441 $2,657,252 -7%

Median Sale Price $2,000,000 $1,681,500 -16%

Information deemed reliable, but subject to verification by all parties.Source: Greenwich Multiple Listing Service, Inc. 2008-2009© 2009 Greenwich Fine Properties All Rights Reserved.

May not be reproduced in any form or transmitted without written permission.

GREENWICH, CONNECTICUT RESIDENTIAL MARKET

SINGLE FAMILY SALES · JANUARY-NOVEMBER 2008 VS 2009

STATISTICAL MARKET OVERVIEW

celwell
Stamp
Page 2: Greenwich CT Market Stats - Elwell

II

GREENWICH, CONNECTICUT RESIDENTIAL MARKET STATISTICSMONTHLY INVENTORY REPORT

SINGLE FAMILY UNIT INVENTORY · PREVIOUS 24 MONTHS · NOVEMBER 2009

203 . 6 6 1 . 9 2 0 0 · www.greenwichfineproperties.com

2008 2009 % CHANGE

January Inventory 483 571 +18%

February Inventory 521 615 +18%

March Inventory 565 666 +18%

April Inventory 602 731 +21%

May Inventory 626 766 +22%

June Inventory 596 754 +27%

July Inventory 585 719 +23%

August Inventory 567 681 +20%

September Inventory 606 665 +10%

October Inventory 609 647 +6%

November Inventory 584 589 +1%

2007 2008 % CHANGE

December Inventory 440 547 +24%

Information deemed reliable, but subject to verification by all parties.Source: Greenwich Multiple Listing Service, Inc. 2007-2009© 2009 Greenwich Fine Properties All Rights Reserved.

May not be reproduced in any form or transmitted without written permission.

celwell
Stamp
Page 3: Greenwich CT Market Stats - Elwell

GREENWICH, CONNECTICUT RESIDENTIAL MARKET STATISTICSSINGLE FAMILY UNITS · CURRENT INVENTORY

BY PRICE RANGE · NOVEMBER 2008 VS NOVEMBER 2009

III203 . 6 6 1 . 9 2 0 0 · www.greenwichfineproperties.com

NOVEMBER NOVEMBER % NOVEMBER ‘09 % OF

2008 2009 CHANGE CURRENT INVENTORY

$0 to $999,999 83 98 +18% 17%

$1-1,999,999 134 140 +5% 24%

$2-2,999,999 98 108 +10% 18%

$3-3,999,999 79 79 0% 13%

$4-4,999,999 43 33 -23% 6%

$5-5,999,999 30 30 0% 5%

$6-7,999,999 50 47 -6% 8%

$8-9,999,999 23 12 -48% 2%

$10-14,999,999 30 31 +3% 5%

$15,000,000 and over 14 11 -21% 2%

Totals 584 589 +1%

Information deemed reliable, but subject to verification by all parties.Source: Greenwich Multiple Listing Service, Inc. 2008-2009© 2009 Greenwich Fine Properties All Rights Reserved.

May not be reproduced in any form or transmitted without written permission.

celwell
Stamp
Page 4: Greenwich CT Market Stats - Elwell

IV203 . 6 6 1 . 9 2 0 0 · www.greenwichfineproperties.com

% CHANGE AVG.2003 2004 2005 2006 2007 2008 2009 ‘08 VS. ‘09 2003-08

January 44 51 43 38 40 27 9 -67% 41

February 58 72 61 57 52 39 14 -64% 56

March 65 109 73 73 92 39 12 -69% 75

April 71 83 86 65 74 44 25 -43% 71

May 88 81 85 72 58 44 35 -20% 71

June 83 82 63 66 63 49 40 -18% 68

July 62 66 56 31 40 39 40 +3% 49

August 56 64 57 41 46 20 43 +115% 48

September 53 61 56 33 33 24 46 +92% 43

October 64 69 43 35 33 12 35 +192% 43

November 63 59 47 62 39 11 39 +255% 47

Year-to-Date 707 797 670 573 570 348 338 -3% 611

‘07 VS. ‘08

December 53 42 48 49 23 6 -74% 37

Total 760 839 718 622 593 354 -40% 648

Information deemed reliable, but subject to verification by all parties.Source: Greenwich Multiple Listing Service, Inc. 2003-2009© 2009 Greenwich Fine Properties All Rights Reserved.

May not be reproduced in any form or transmitted without written permission.

GREENWICH, CONNECTICUT RESIDENTIAL MARKET STATISTICSSINGLE FAMILY UNITS UNDER CONTRACT 2003-2009

BY MONTH · NOVEMBER 2009

celwell
Stamp
Page 5: Greenwich CT Market Stats - Elwell

V203 . 6 6 1 . 9 2 0 0 · www.greenwichfineproperties.com

JAN.-NOV. JAN.-NOV. % % OF ALL

2008 2009 CHANGE CONTRACTS 2009

$0 to $999,999 68 94 +38% 28%

$1-1,999,999 101 86 -15% 25%

$2-2,999,999 78 57 -27% 17%

$3-3,999,999 38 34 -11% 10%

$4-4,999,999 20 18 -10% 5%

$5-5,999,999 13 14 +8% 4%

$6-6,999,999 3 13 +333% 4%

$7-7,999,999 10 3 -70% 1%

$8-8,999,999 6 3 -50% 1%

$9-9,999,999 2 4 +100% 1%

Over $10,000,000 9 12 +33% 4%

Totals 348 338 -3%

GREENWICH, CONNECTICUT RESIDENTIAL MARKET STATISTICSSINGLE FAMILY UNITS UNDER CONTRACT

BY PRICE RANGE · JANUARY-NOVEMBER 2008 VS 2009

Information deemed reliable, but subject to verification by all parties.Source: Greenwich Multiple Listing Service, Inc. 2008-2009© 2009 Greenwich Fine Properties All Rights Reserved.

May not be reproduced in any form or transmitted without written permission.

celwell
Stamp
Page 6: Greenwich CT Market Stats - Elwell

VI203 . 6 6 1 . 9 2 0 0 · www.greenwichfineproperties.com

GREENWICH, CONNECTICUT RESIDENTIAL MARKET STATISTICSSALES BY MONTH · SINGLE FAMILY

PREVIOUS 24 MONTHS · NOVEMBER 2009

%2008 2009 CHANGE

January 36 5 -86%

February 27 6 -78%

March 34 15 -56%

April 42 21 -50%

May 40 17 -58%

June 52 33 -37%

July 51 55 +8%

August 47 28 -40%

September 22 39 +77%

October 24 39 +63%

November 11 26 +136%

Year-to-Date 386 284 -26%

%2007 2008 CHANGE

December 23 13 -43%

Total (previous 12 mos.) 409 297 -27%

Information deemed reliable, but subject to verification by all parties.These figures reflect MLS sales only.

Source: Greenwich Multiple Listing Service, Inc. 2007-2009© 2009 Greenwich Fine Properties All Rights Reserved.

May not be reproduced in any form or transmitted without written permission.

celwell
Stamp
Page 7: Greenwich CT Market Stats - Elwell

VII203 . 6 6 1 . 9 2 0 0 · www.greenwichfineproperties.com

GREENWICH, CONNECTICUT RESIDENTIAL MARKET STATISTICSSINGLE FAMILY UNIT SALES

BY PRICE RANGE · JANUARY-NOVEMBER 2008 VS 2009

JAN.-NOV. JAN.-NOV. % % OF ALL

2008 2009 CHANGE SALES 2009

$0 to $999,999 82 86 +5% 30%

$1-1,999,999 110 77 -30% 27%

$2-2,999,999 83 43 -48% 15%

$3-3,999,999 42 25 -40% 9%

$4-4,999,999 22 19 -14% 7%

$5-5,999,999 12 11 -8% 4%

$6-6,999,999 5 6 +20% 2%

$7-7,999,999 8 3 -63% 1%

$8-8,999,999 7 5 -29% 2%

$9-9,999,999 2 0 – 0%

$10,000,000 and over 13 9 -31% 3%

Totals 386 284 -26%

Information deemed reliable, but subject to verification by all parties.These figures reflect MLS sales only.

Source: Greenwich Multiple Listing Service, Inc. 2008-2009© 2009 Greenwich Fine Properties All Rights Reserved.

May not be reproduced in any form or transmitted without written permission.

celwell
Stamp
Page 8: Greenwich CT Market Stats - Elwell

VIII203 . 6 6 1 . 9 2 0 0 · www.greenwichfineproperties.com

% CHANGE AVG.2007 2008 2009 ‘08 VS. ‘09 2007-08

January 226 183 40

January-February 212 223 191

January-March 207 312 213

January-April 206 282 213

January-May 201 263 219

January-June 194 251 227

January-July 182 237 215

January-August 181 227 222

January-September 183 225 224

January-October 183 221 235

January-November 186 220 237

January-December 186 219

GREENWICH, CONNECTICUT RESIDENTIAL MARKET STATISTICSSINGLE FAMILY SALES

CUMULATIVE AVERAGE NUMBER OF DAYS ON MARKET · NOVEMBER 2009

Information deemed reliable, but subject to verification by all parties.Source: Greenwich Multiple Listing Service, Inc. 2007-2009© 2009 Greenwich Fine Properties All Rights Reserved.

May not be reproduced in any form or transmitted without written permission.

celwell
Stamp
Page 9: Greenwich CT Market Stats - Elwell

IX203 . 6 6 1 . 9 2 0 0 · www.greenwichfineproperties.com

AVG. NUMBER OF % OF

PROPERTIES GONE TO ANNUALRANK CONTRACT 2003-2008 CONTRACTS

1. March 75.3 11.6%

2. May 71.3 11.0%

3. April 70.5 10.8%

4. June 68.0 10.4%

5. February 56.5 8.7%

6. July 49.2 7.6%

7. August 47.8 7.3%

8. November 47.2 7.3%

9. September 44.0 6.8%

10. October 42.7 6.6%

11. January 40.5 6.2%

12. December 36.8 5.6%

Information deemed reliable, but subject to verification by all parties.Source: Greenwich Multiple Listing Service, Inc. 2003-2008© 2009 Greenwich Fine Properties All Rights Reserved.

May not be reproduced in any form or transmitted without written permission.

GREENWICH, CONNECTICUT RESIDENTIAL MARKET STATISTICSSINGLE FAMILY UNITS UNDER CONTRACT

2003-2008 · BY MONTH

MONTHS RANKED BY SALES ACTIVITYPERCENTAGE OF ANNUAL CONTRACTS

celwell
Stamp
Page 10: Greenwich CT Market Stats - Elwell

X

TOTAL % CHANGE IN TOTAL DOLLAR % CHANGE IN AVERAGENUMBER NUMBER OF AMOUNT OF ALL DOLLAR AMOUNT PRICE APPRECIATION

YEAR OF SALES HOMES SOLD HOMES SOLD OF HOMES SOLD PER HOME PER YEAR

2008 460 -37% $1,263,762,302 -41% $2,747,309 -8%

2007 726 -0.1% $2,158,543,802 +11% $2,973,201 12%

2006 727 -16% $1,936,471,126 -9% $2,663,647 8%

2005 865 -12% $2,136,652,175 -2% $2,470,118 11%

2004 978 14% $2,172,443,614 44% $2,221,312 26%

2003 859 15% $1,509,280,063 9% $1,757,020 -5%

2002 753 1% $1,380,621,759 19% $1,840,829 17%

2001 741 -15% $1,161,711,961 -18% $1,567,762 -4%

2000 873 -8% $1,422,152,044 12% $1,629,040 22%

1999 952 4% $1,266,653,502 13% $1,330,518 8%

1998 913 6% $1,125,358,910 15% $1,232,595 8%

1997 859 22% $976,437,121 40% $1,136,714 15%

1996 706 5% $695,918,882 15% $985,721 9%

1995 670 -8% $604,009,308 -10% $901,506 -2%

1994 732 -4% $670,483,620 4% $915,961 8%

1993 761 8% $642,860,523 11% $844,758 3%

1992 706 10% $578,871,671 15% $819,932 5%

1991 644 40% $502,622,668 36% $780,470 -3%

1990 459 -24% $369,993,552 -26% $806,086 -2%

1989 607 1% $500,099,411 5% $823,887 4%

1988 603 -7% $477,300,000 4% $791,542 12%

1987 649 -25% $458,292,000 -19% $706,151 8%

1986 864 -4% $566,739,000 38% $655,948 43%

1985 897 8% $410,671,000 27% $457,827 18%

1984 829 4% $322,411,000 19% $388,916 14%

1983 798 57% $271,563,000 65% $340,305 5%

1982 509 -10% $164,331,000 -3% $322,851 8%

1981 565 -19% $169,117,000 -5% $299,322 18%

1980 699 2% $177,911,000 19% $254,522 16%

1979 684 -17% $149,894,000 -2% $219,143 19%

1978 827 -8% $152,733,000 9% $184,683 19%

1977 900 3% $139,849,000 21% $155,388 17%

1976 874 $115,894,000 $132,602

HISTORICAL SALES DATAGREENWICH, CONNECTICUT · REAL ESTATE SALES 1976-2008

203 . 6 6 1 . 9 2 0 0 · www.greenwichfineproperties.com

Information deemed reliable, but subject to verification by all parties.Source: 2004-2008/SearchGreenwich.net Greenwich Record of Real Estate Sales

© 2009 Greenwich Fine Properties May not be reproduced in any form or transmitted without written permission. All Rights Reserved.

celwell
Stamp