Advertisements
The higher end of the Greenwich market seems to be holding its own, while sales are down 2016 vs 2017 in the lower end…inventory plays it’s part. Over $5M, inventory is down 35 houses from 2016.
47% of inventory is in properties over $3M accounting for only 30% of sales
42% of inventory is in properties $1M – $3M accounting for 56% of sales
9% of inventory is in properties under $1M accounting for 19% of sales
