August was a pretty good month in Greenwich real estate even with Irene paying us a call. There were 47 closings on single family homes and 32 accepted offers, contingency contracts or executed contracts. Most of the homes, 13 of them sold in the $2,000,000- $2,999,999 price range with 9 selling in the $1,000,000 – $1,499,999 range. Only 2 sold over $5,000,000 and 2 under $599,999. Median days on market were 91 and median list to sale price ratio was 94.6%. It seems that a lot of sellers priced their homes pretty reasonably and the buyers were able to see that.
In this economy,...