Greenwich homes are selling faster—even as price momentum cools
122 homes for sale, 58 June closings—and a new, clearer way to read Greenwich real estate.
Greenwich homes are selling faster than they were a year ago. The underlying price trend, however, is slightly softer.
The Address Index is 105.5—5.5% above the 2024 average and 1.7% below a year ago. Solid green reflects completed repeat-sale evidence; dashed gold is the latest estimate while public records catch up.
That tension—healthy activity without broad price acceleration—is the clearest signal in the latest data.
Welcome to The Address Index, an independent, source-linked view of Greenwich real estate for buyers, owners, and the broker community.
The market in 60 seconds
Address Index: 105.5. The current reading is 1.7% lower than a year ago.
12-month market level: $3.25 million. This is the steadier headline signal.
June median sale price: $3.81 million. Useful context, but sensitive to which homes happened to close.
Active inventory: 122 homes.
June closings: 58.
Average time on market: 37 days, down from 48 days a year earlier.
Market heat: 52 out of 100—Balanced.
Bottom line: Greenwich is active, but it is not showing broad, runaway price momentum. Homes are moving faster, inventory is no longer exceptionally scarce, and the underlying price level is broadly stable to slightly softer year over year.
Inventory, closings, and speed tell a more active story than price momentum alone. Greenwich ended June with 122 active single-family homes, 58 closings, and an average 37 days on market.
Explore every chart in the live Greenwich dashboard →
Synthetic Twin: 218 Clapboard Ridge Road
One sale shows what property-level context can add. 218 Clapboard Ridge Road sold for $15.4 million on February 14, 2025. Using only information available before the sale, the model estimated $12.5 million. The final price was 23.1% above that center estimate but still within the middle 50% range.
The public record describes a 12,386-square-foot home on 5.10 acres, with eight bedrooms, 9.5 bathrooms, and an effective year of 1929.
The $15.4 million sale landed near the top of the $10.1–$15.6 million likely zone. That is a strong result—not an inexplicable one.
Explore 218 Clapboard Ridge—and every modeled sale—in the interactive dashboard →
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