Charles Nedder Greenwich CT Real Estate Prices, Sales, Inventory
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Transcript of Charles Nedder Greenwich CT Real Estate Prices, Sales, Inventory
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7/27/2019 Charles Nedder Greenwich CT Real Estate Prices, Sales, Inventory
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MARKET ACTION REPORT
May 2014
Zip Code: 06830,06831
Charlie Nedder
Market [email protected]
Price Range: $0 to $999,999,000 | Properties: Single Family Home
Trending Versus*: Trending Versus*:Market Profile & Trends Overview Month LM L3M PYM LY YTD PriorYTD PriorYear
Median List Price of all Current Listings $3,267,500
Average List Price of all Current Listings $4,627,289
May Median Sales Price $1,575,000 $2,159,558
May Average Sales Price $2,588,699 $3,028,026
Total Properties Currently for Sale (Inventory) 450
May Number of Properties Sold 33 114
May Average Days on Market (Solds) 286 254
Asking Price per Square Foot (based on New Listings) $737 $674
May Sold Price per Square Foot $572 $567
May Month's Supply of Inventory 13.6 19.5
May Sale Price vs List Price Ratio 95.0% 92.0%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year / YTD = Year-to-date
Property SalesMay Property sales were 33, up 3.1% from 32 in May of 2013 and 43.5% higher than the 23 sales last month. May 2014 sales were at their highest levelcompared to May of 2013 and 2012. May YTD sales of 114 are running 8.6% ahead of last year's year-to-date sales of 105.
Prices
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7/27/2019 Charles Nedder Greenwich CT Real Estate Prices, Sales, Inventory
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MARKET ACTION REPORT
May 2014
Zip Code: 06830,06831
Charlie Nedder
Market [email protected]
Price Range: $0 to $999,999,000 | Properties: Single Family Home
Selling Price vs Listing PriceThe Selling Price vs Listing Price reveals the average amount that Sellers are agreeing to come down from their list price. The lower the ratio is below 100%the more of a Buyer's market exists, a ratio at or above 100% indicates more of a Seller's market. The May 2014 Selling Price vs List Price of 95.0% was upfrom 93.1% last month and up from 93.6% in May of last year.
Inventory / New Listings / Sales'This last view of the market combines monthly inventory of Properties for sale along with New Listings and Sales. The graph shows the basic annualseasonality of the market as well as the relationship between these items. The number of New Listings in May 2014 was 91, down -17.3% from 110 last monthand up 2.2% from 89 in May of last year.
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