Greenwich Real Estate Guy's Blog: June 20th Open House List

The Greenwich Real Estate Guy's Blog: June 20th Open House List and May Statistics A weekly analysis brought to you by Greenwich Real Estate Guy. www.greenwichrealestateguy.com

Happy Father's Day. I hope everyone spends and enjoys time with their loved ones. I know I will be. See the list below for a smaller than usual open house list due to Father's Day. Please let me know if there is anything I can do in any way possible to help navigate this market. While April 2020 was the first entire month in the - new at the time - COVID-19 grip the sales data from it don't necessarily capture pandemic buying patterns as it was simply too soon for closings to happen, in most cases. May 2021 is officially in the rearview mirror and while we let the numbers settle on the MLS I thought I’d get out some preliminary sales data for Greater Greenwich Single Family home sales: 86 homes closed in Greater Greenwich in May 2021, a 56% increase over May 2020. The average selling price in May 2021 was $3,332,765, a 46% increase over last year. The median selling price in May 2021 was $2,387,500, a 25% increase over last year. Average sold price per square foot was $646, a 30% increase over May 2020. Total dollar volume in May 2021 was $286,617,850, a 129% increase. Average DOM fell 36% to 166 days. See attached Market Overview report for 2021 YTD data – which continues to show a strong demand marketplace.

Open House List June 20th

If you're still on the fence about which mortgage lender to choose, check out this helpful guide from Money Magazine:  https://money.com/best-mortgage-lenders/. Whether you want to compare brands, take a look at market projections, or see how COVID-19 has affected the current market, they analyzed all of the key aspects of choosing a mortgage lender so that you can pick the best one for your specific needs. I have paid to allow clients to open up portals to see all listings as they come on the market real time to you, so feel free to  search properties based on your own parameters or set up a portal to get notifications on a customized search. For readers that just follow on the Greenwich Patch I will not be posting all entries on the patch. You can read all postings at www.greenwichrealestateguy.com/blog.   Feel free to subscribe here to receive each post. Please do not hesitate to email (jrandall@houlihanlawrence.com) or call (203-273-1034) if I can assist in any way.    Best,                                                                                                                       Jared Randall                                                 Join my Mailing List  Houlihan Lawrence Greenwich                     Search Properties  www.greenwichrealestateguy.com           cell: 203-273-1034                      View My Website  email:  jrandall@houlihanlawrence.com     Like me on Facebook