Greenwich Association of Realtors Announces July Stats

GREENWICH, CT—There were 69 single-family residential closings reported through the Greenwich Multiple Listing Service in July 2016.

The number of closings is down slightly from July 2015, which saw 72 closings, according to the Greenwich Association of Realtors.

Median sale price is up to $1.95 million in July 2016 compared to $1.812 in July 2015.

“July’s performance was consistent with 2015. Looking forward, there are currently 96 single-family homes under contract in the Town of Greenwich," said Joann Erb, 2016 President of the Greenwich Association of Realtors. "August is typically a quiet month for closings; therefore many of those under contract will likely close in September to kick off the fall market."