Greenwich Single Family August 2015

MARKET ACTION REPORT

August 2015

City: GreenwichCharles NedderMarket [email protected]

Price Range: $0 to $999,999,000 | Properties: Single Family Home

© 2015 Coldwell Banker Real Estate LLC. All Rights Reserved. Coldwell Banker Residential Brokerage fully supports the principles of the Fair Housing Act and theEqual Opportunity Act. Coldwell Banker Residential Brokerage is operated by a subsidiary of NRT LLC. Coldwell Banker and the Coldwell Banker Logo are registeredservice marks owned by Coldwell Banker Real Estate LLC.

Based on information from Greenwich Association of Realtors, Inc. for the period 9/1/2012 through 8/31/2015. Due to MLS reporting methods and allowable reportingpolicy, this data is only informational and may not be completely accurate. Therefore, Coldwell Banker Residential Brokerage does not guarantee the data accuracy. Data maintained by the MLS's may not reflect all real estate activity in the market.

Trending Versus*: Trending Versus*:Market Profile & Trends Overview Month LM L3M PYM LY YTD PriorYTD PriorYear

Median List Price of all Current Listings $3,637,500 Average List Price of all Current Listings $5,321,784 August Median Sales Price $2,073,750 $2,150,000August Average Sales Price $3,332,519 $2,914,687Total Properties Currently for Sale (Inventory) 392 August Number of Properties Sold 26 218August Average Days on Market (Solds) 223 220Asking Price per Square Foot (based on New Listings) $659 $712August Sold Price per Square Foot $545 $578August Month's Supply of Inventory 15.1 16.3August Sale Price vs List Price Ratio 93.7% 94.2%

* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year / YTD = Year-to-date

Property Sales August Property sales were 26, down -29.7% from 37 in August of 2014 and -36.6% lower than the 41 sales last month. August 2015 sales were at their lowestlevel compared to August of 2014 and 2013. August YTD sales of 218 are running -8.8% behind last year's year-to-date sales of 239.

Prices The Median Sales Price in August was $2,073,750, up 25.7% from $1,650,000 in August of 2014 and up 1.2% from $2,050,000 last month. The Average SalesPrice in August was $3,332,519, up 10.5% from $3,015,884 in August of 2014 and up 18.2% from $2,818,565 last month. August 2015 ASP was at highestlevel compared to August of 2014 and 2013.


August 2015





Inventory & MSI The Total Inventory of Properties available for sale as of August was 392, down -7.8% from 425 last month and down -13.7% from 454 in August of last year. August 2015 Inventory was at the lowest level compared to August of 2014 and 2013. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The August 2015 MSI of 15.1 months was at its highest levelcompared with August of 2014 and 2013.

Market Time The average Days On Market(DOM) shows how many days the average Property is on the Market before it sells. An upward trend in DOM tends to indicate amove towards more of a Buyer's market, a downward trend a move towards more of a Seller's market. The DOM for August was 223, down -2.2% from 228days last month and up 34.3% from 166 days in August of last year. The August 2015 DOM was at its highest level compared with August of 2014 and 2013.

Selling Price per Square Foot The Selling Price per Square Foot is a great indicator for the direction of Property values. Since Median Sales Price and Average Sales price can be impactedby the 'mix' of high or low end Properties in the market, the selling price per square foot is a more normalized indicator on the direction of Property values. The August 2015 Selling Price per Square Foot of $545 was down -8.4% from $595 last month and down -7.6% from $590 in August of last year.


August 2015





Selling Price vs Listing Price The 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 August 2015 Selling Price vs List Price of 93.7% wasdown from 96.3% last month and down from 94.9% in August 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 August 2015 was 27, down -42.6% from 47 lastmonth and down -25.0% from 36 in August of last year.


August 2015



© 2015 Coldwell Banker Real Estate LLC. All Rights Reserved. Coldwell Banker Residential Brokerage fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Coldwell Banker ResidentialBrokerage is operated by a subsidiary of NRT LLC. Coldwell Banker and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC.

Based on information from Greenwich Association of Realtors, Inc. for the period 9/1/2012 through 8/31/2015. Due to MLS reporting methods and allowable reporting policy, this data is only informational and may not becompletely accurate. Therefore, Coldwell Banker Residential Brokerage does not guarantee the data accuracy. Data maintained by the MLS's may not reflect all real estate activity in the market.

S 12 O N D J 13 F M A M J J A S O N D J 14 F M A M J J A S O N D J 15 F M A M J J A

Homes Sold 30 21 19 40 19 17 14 23 32 40 45 36 18 32 23 32 30 14 14 23 36 45 40 37 15 28 26 36 17 19 16 26 28 45 41 263 Mo. Roll Avg 23 27 26 25 17 18 23 32 39 40 33 29 24 29 28 25 19 17 24 35 40 41 31 27 23 30 26 24 17 20 23 33 38 37

(000's) S 12 O N D J 13 F M A M J J A S O N D J 14 F M A M J J A S O N D J 15 F M A M J J AMedianSalePrice 2,001 2,091 1,945 2,835 1,050 2,400 1,863 1,422 1,675 1,728 2,350 2,000 1,335 2,172 2,138 2,953 2,423 2,272 2,105 2,100 1,585 2,375 1,858 1,650 1,900 1,828 2,384 1,423 1,600 1,900 2,005 2,019 2,538 2,400 2,050 2,074

3 Mo. Roll Avg 2,012 2,290 1,943 2,095 1,771 1,895 1,653 1,608 1,918 2,026 1,895 1,836 1,881 2,421 2,504 2,549 2,266 2,159 1,930 2,020 1,939 1,961 1,803 1,793 2,037 1,878 1,802 1,641 1,835 1,975 2,187 2,319 2,329 2,175


Inventory 436 427 406 348 359 385 417 486 524 503 473 432 458 438 406 354 348 369 398 462 500 500 472 454 480 450 409 355 351 356 373 420 462 448 425 392MSI 15 20 21 9 19 23 30 21 16 13 11 12 25 14 18 11 12 26 28 20 14 11 12 12 32 16 16 10 21 19 23 16 17 10 10 15

S 12 O N D J 13 F M A M J J A S O N D J 14 F M A M J J A S O N D J 15 F M A M J J ADays On Market 198 234 198 233 187 381 240 198 202 216 205 174 173 206 205 208 254 312 200 204 277 170 204 166 248 164 229 227 229 237 254 206 271 162 228 2233 Mo. Roll Avg 210 222 206 267 269 273 213 205 208 198 184 184 195 206 222 258 255 239 227 217 217 180 206 193 214 207 228 231 240 232 244 213 220 204

S 12 O N D J 13 F M A M J J A S O N D J 14 F M A M J J A S O N D J 15 F M A M J J APrice per Sq Ft 608 599 538 597 506 512 503 492 499 510 547 537 511 596 500 711 572 558 508 597 576 584 575 590 530 615 529 524 475 660 583 538 591 597 595 5453 Mo. Roll Avg 582 578 547 538 507 502 498 500 519 531 532 548 536 602 594 614 546 554 560 586 578 583 565 578 558 556 509 553 573 594 571 575 594 579

S 12 O N D J 13 F M A M J J A S O N D J 14 F M A M J J A S O N D J 15 F M A M J J ASale to List Price 0.918 0.915 0.940 0.909 0.933 0.914 0.938 0.934 0.937 0.957 0.950 0.942 0.944 0.939 0.930 0.940 0.927 0.940 0.926 0.931 0.950 0.963 0.944 0.949 0.934 0.952 0.934 0.926 0.921 0.921 0.912 0.941 0.942 0.962 0.963 0.937

3 Mo. Roll Avg 0.924 0.921 0.927 0.919 0.928 0.929 0.936 0.943 0.948 0.950 0.945 0.942 0.938 0.936 0.932 0.936 0.931 0.932 0.936 0.948 0.952 0.952 0.942 0.945 0.940 0.937 0.927 0.923 0.918 0.925 0.932 0.948 0.956 0.954


New Listings 65 41 30 20 52 53 58 108 89 57 42 20 95 52 32 29 38 53 71 110 89 76 38 36 79 52 30 21 30 42 58 96 92 80 47 27Inventory 436 427 406 348 359 385 417 486 524 503 473 432 458 438 406 354 348 369 398 462 500 500 472 454 480 450 409 355 351 356 373 420 462 448 425 392Sales 30 21 19 40 19 17 14 23 32 40 45 36 18 32 23 32 30 14 14 23 36 45 40 37 15 28 26 36 17 19 16 26 28 45 41 26

(000's) S 12 O N D J 13 F M A M J J A S O N D J 14 F M A M J J A S O N D J 15 F M A M J J AAvg Sale Price 3,078 2,934 2,871 3,142 1,944 3,240 2,747 1,637 2,190 2,378 2,857 2,559 2,804 3,071 2,474 4,359 3,156 3,138 2,457 3,773 2,583 2,978 2,593 3,016 2,028 3,247 2,886 2,131 1,863 4,131 2,755 2,329 3,240 2,837 2,819 3,333

3 Mo. Roll Avg 2,961 2,982 2,652 2,775 2,644 2,541 2,191 2,069 2,475 2,598 2,740 2,812 2,783 3,301 3,329 3,551 2,917 3,122 2,937 3,111 2,718 2,862 2,546 2,764 2,720 2,755 2,293 2,708 2,917 3,072 2,775 2,802 2,965 2,996

Greenwich Single Family August 2015

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