Real Estate

Multi-million Dollar Greenwich Home Sales See Growth

The market saw impressive growth compared to the first quarter last year.

GREENWICH, CT- A new report on home sales for $3 million and up by Houlihan Lawrence shows that the market saw impressive growth compared to the first quarter of 2015.

The report looks at home sales in the first quarter of 2016. Some highlights include:

  • There was a near 40 percent increase in the number of homes sold above $3 million with closed sale volume totaling nearly $131 million compared to $126 million in the first quarter of 2015.
  • The market for homes in Greenwich priced between $3 million and $4 million saw an 83 percent increase over the same time-frame last year.
  • Homes between $4 million and $5 million saw a 150 percent increase in the number of homes sold.

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Image of $6.749 million home for sale in Greenwich via Zillow

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