Professional Documents
Culture Documents
Harumi Stewart
Sales Associate
(203) 344-1404
Property Sales
May Property sales were 8, equal to 8 in May of 2016 and 100.0% higher than the 4 sales last month. May 2017 sales were at their lowest level compared to
May of 2016 and 2015. May YTD sales of 26 are running -10.3% behind last year's year-to-date sales of 29.
Prices
The Median Sales Price in May was $2,512,500, up 12.3% from $2,237,500 in May of 2016 and up 2.8% from $2,445,000 last month. The Average Sales
Price in May was $2,501,875, up 19.1% from $2,100,000 in May of 2016 and up 14.0% from $2,193,750 last month. May 2017 ASP was at highest level
compared to May of 2016 and 2015.
2017 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 Residential Brokerage 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 for the period 6/1/2014 through 5/31/2017. Due to MLS reporting methods and allowable reporting
policy, 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.
MARKET ACTION REPORT May 2017
Harumi Stewart
Sales Associate
(203) 344-1404
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The May 2017 MSI of 10.5 months was at a mid range
compared with May of 2016 and 2015.
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 a
move towards more of a Buyer's market, a downward trend a move towards more of a Seller's market. The DOM for May was 214, up 5.9% from 202 days last
month and up 35.4% from 158 days in May of last year. The May 2017 DOM was at its highest level compared with May of 2016 and 2015.
2017 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 Residential Brokerage 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 for the period 6/1/2014 through 5/31/2017. Due to MLS reporting methods and allowable reporting
policy, 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.
MARKET ACTION REPORT May 2017
Harumi Stewart
Sales Associate
(203) 344-1404
2017 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 Residential Brokerage 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 for the period 6/1/2014 through 5/31/2017. Due to MLS reporting methods and allowable reporting
policy, 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.
MARKET ACTION REPORT May 2017
Harumi Stewart
Sales Associate
(203) 344-1404
J 14 J A S O N D J 15 F M A M J J A S O N D J 16 F M A M J J A S O N D J 17 F M A M
Homes Sold 19 17 10 5 7 5 12 1 5 3 11 8 21 15 6 9 7 5 11 5 5 5 6 8 11 10 12 13 6 3 14 6 2 6 4 8
3 Mo. Roll Avg 15 11 7 6 8 6 6 3 6 7 13 15 14 10 7 7 8 7 7 5 5 6 8 10 11 12 10 7 8 8 7 5 4 6
(000's) J 14 J A S O N D J 15 F M A M J J A S O N D J 16 F M A M J J A S O N D J 17 F M A M
MedianSalePrice 1,950 2,900 2,163 2,850 2,788 2,500 2,795 1,280 1,475 1,150 1,995 1,894 1,650 1,630 2,035 2,000 1,100 1,595 1,950 945 2,703 1,795 2,101 2,238 2,610 1,843 1,525 1,470 1,598 2,700 1,400 1,988 2,468 2,217 2,445 2,513
3 Mo. Roll Avg 2,338 2,638 2,600 2,713 2,694 2,192 1,850 1,302 1,540 1,680 1,846 1,725 1,772 1,888 1,712 1,565 1,548 1,497 1,866 1,814 2,200 2,045 2,316 2,230 1,993 1,613 1,531 1,923 1,899 2,029 1,952 2,224 2,376 2,391
J 14 J A S O N D J 15 F M A M J J A S O N D J 16 F M A M J J A S O N D J 17 F M A M
Inventory 93 80 68 71 66 61 44 55 61 83 95 96 83 76 73 74 70 62 50 52 53 67 80 81 90 85 77 76 69 67 57 56 64 74 80 84
MSI 5 5 7 14 9 12 4 55 12 28 9 12 4 5 12 8 10 12 5 10 11 13 13 10 8 9 6 6 12 22 4 9 32 12 20 11
J 14 J A S O N D J 15 F M A M J J A S O N D J 16 F M A M J J A S O N D J 17 F M A M
Days On Market 130 153 104 147 152 125 164 76 168 262 240 145 165 113 134 138 192 123 241 174 203 131 202 158 137 137 137 159 225 87 150 209 173 212 202 214
3 Mo. Roll Avg 129 135 134 141 147 122 136 169 223 216 183 141 137 128 155 151 185 179 206 169 179 164 166 144 137 144 174 157 154 149 177 198 196 209
J 14 J A S O N D J 15 F M A M J J A S O N D J 16 F M A M J J A S O N D J 17 F M A M
Price per Sq Ft 675 923 687 913 812 688 829 633 543 588 659 618 658 665 748 714 622 584 596 506 644 688 653 597 667 667 647 603 752 701 663 747 577 789 709 681
3 Mo. Roll Avg 762 841 804 804 776 717 668 588 597 622 645 647 690 709 695 640 601 562 582 613 662 646 639 644 660 639 667 685 705 704 662 704 692 726
J 14 J A S O N D J 15 F M A M J J A S O N D J 16 F M A M J J A S O N D J 17 F M A M
Sale to List Price 0.930 0.946 0.946 0.925 0.933 0.876 0.915 1.114 0.929 0.877 0.962 0.970 0.949 0.970 0.927 0.966 0.853 0.924 0.858 0.950 0.903 0.917 0.912 0.924 0.925 0.930 0.939 0.920 0.877 0.975 0.955 0.865 0.926 0.904 0.908 0.915
3 Mo. Roll Avg 0.941 0.939 0.935 0.911 0.908 0.968 0.986 0.973 0.923 0.936 0.960 0.963 0.949 0.954 0.915 0.914 0.878 0.911 0.904 0.923 0.911 0.918 0.920 0.926 0.931 0.930 0.912 0.924 0.936 0.932 0.915 0.898 0.913 0.909
J 14 J A S O N D J 15 F M A M J J A S O N D J 16 F M A M J J A S O N D J 17 F M A M
New Listings 19 12 4 15 10 6 3 15 14 29 25 17 14 8 5 14 8 6 7 9 8 22 21 15 22 10 7 15 7 7 5 8 12 21 18 17
Inventory 93 80 68 71 66 61 44 55 61 83 95 96 83 76 73 74 70 62 50 52 53 67 80 81 90 85 77 76 69 67 57 56 64 74 80 84
Sales 19 17 10 5 7 5 12 1 5 3 11 8 21 15 6 9 7 5 11 5 5 5 6 8 11 10 12 13 6 3 14 6 2 6 4 8
(000's) J 14 J A S O N D J 15 F M A M J J A S O N D J 16 F M A M J J A S O N D J 17 F M A M
Avg Sale Price 2,106 3,231 2,937 4,389 2,441 3,009 2,892 1,280 1,669 1,370 2,172 1,921 2,173 1,881 2,492 2,411 1,556 1,979 1,953 1,794 2,682 1,937 2,162 2,100 2,277 2,243 1,639 1,793 1,856 2,338 1,806 1,865 2,468 2,860 2,194 2,502
3 Mo. Roll Avg 2,758 3,519 3,256 3,280 2,781 2,394 1,947 1,440 1,737 1,821 2,088 1,991 2,182 2,261 2,153 1,982 1,829 1,909 2,143 2,138 2,260 2,066 2,180 2,207 2,053 1,892 1,763 1,996 2,000 2,003 2,046 2,398 2,507 2,519
2017 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 Residential
Brokerage 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 for the period 6/1/2014 through 5/31/2017. Due to MLS reporting methods and allowable reporting policy, 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.