A total of 19 single family houses were sold in Greenwich in May, compared with 21 in April, for an average price of $1,987,944, compared with $1,988,295, according to data compiled by William Raveis company.
Click here for data
Inventory has exploded, with more than 800 units on the market compared with 600 in December. The sales-to-list-price ratio which had been moving up four strong months in a row took a slight decline from April to May.
The market is still pretty soft. Let’s hope for better numbers in June.
good thing that the market since then has done better. there is excellent inventory absorptions for example.www.PrimeSitesCorp.com
Comment by sabine — July 17th, 2011 @ 7:12 pm