MARKET ACTION REPORT
January 2015
City: Old Greenwich, RiversideCharles NedderMarket
[email protected]
Price Range: $0 to $999,999,000 | Properties: Single Family
Home
2015 Coldwell Banker Real Estate LLC. All Rights Reserved.
Coldwell Banker Residential Brokerage fully supports the principles
of the Fair Housing Act and theEqual Opportunity Act. Coldwell
Banker Residential Brokerage is operated by a subsidiary of NRT
LLC. Coldwell Banker and the Coldwell Banker Logo are
registeredservice marks owned by Coldwell Banker Real Estate
LLC.
Based on information from Greenwich Association of Realtors,
Inc. for the period 2/1/2012 through 1/31/2015. Due to MLS
reporting methods and allowable reportingpolicy, this data is only
informational and may not be completely accurate. Therefore,
Coldwell Banker Residential Brokerage does not guarantee the data
accuracy. Data maintained by the MLS's may not reflect all real
estate activity in the market.
Trending Versus*: Trending Versus*:Market Profile & Trends
Overview Month LM L3M PYM LY YTD PriorYTD PriorYear
Median List Price of all Current Listings $2,375,000 Average
List Price of all Current Listings $3,196,263 January Median Sales
Price $1,910,000 $1,910,000January Average Sales Price $6,025,030
$6,025,030Total Properties Currently for Sale (Inventory) 96
January Number of Properties Sold 4 4January Average Days on Market
(Solds) 80 80Asking Price per Square Foot (based on New Listings)
$754 $754January Sold Price per Square Foot $585 $585January
Month's Supply of Inventory 24.0 24.0January Sale Price vs List
Price Ratio 91.7% 84.6%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year
/ LY=Last Year / YTD = Year-to-date
Property Sales
January Property sales were 4, down -77.8% from 18 in January of
2014 and -78.9% lower than the 19 sales last month. January 2015
sales were at theirlowest level compared to January of 2014 and
2013. January YTD sales of 4 are running -77.8% behind last year's
year-to-date sales of 18.
Prices
The Median Sales Price in January was $1,910,000, down -11.2%
from $2,150,000 in January of 2014 and up 0.5% from $1,900,000 last
month. The AverageSales Price in January was $6,025,030, up 170.2%
from $2,230,222 in January of 2014 and up 164.9% from $2,274,658
last month. January 2015 ASP was athighest level compared to
January of 2014 and 2013.
MARKET ACTION REPORT
January 2015
City: Old Greenwich, RiversideCharles NedderMarket
[email protected]
Price Range: $0 to $999,999,000 | Properties: Single Family
Home
2015 Coldwell Banker Real Estate LLC. All Rights Reserved.
Coldwell Banker Residential Brokerage fully supports the principles
of the Fair Housing Act and theEqual Opportunity Act. Coldwell
Banker Residential Brokerage is operated by a subsidiary of NRT
LLC. Coldwell Banker and the Coldwell Banker Logo are
registeredservice marks owned by Coldwell Banker Real Estate
LLC.
Based on information from Greenwich Association of Realtors,
Inc. for the period 2/1/2012 through 1/31/2015. Due to MLS
reporting methods and allowable reportingpolicy, this data is only
informational and may not be completely accurate. Therefore,
Coldwell Banker Residential Brokerage does not guarantee the data
accuracy. Data maintained by the MLS's may not reflect all real
estate activity in the market.
Inventory & MSI
The Total Inventory of Properties available for sale as of
January was 96, up 14.3% from 84 last month and up 7.9% from 89 in
January of last year. January2015 Inventory was at a mid range
compared to January of 2014 and 2013.
A comparatively lower MSI is more beneficial for sellers while a
higher MSI is better for buyers. The January 2015 MSI of 24.0
months was at its highestlevel compared with January of 2014 and
2013.
Market Time
The average Days On Market(DOM) shows how many days the average
Property is on the Market before it sells. An upward trend in DOM
tends to indicate amove towards more of a Buyer's market, a
downward trend a move towards more of a Seller's market. The DOM
for January was 80, down -46.7% from 150days last month and down
-44.1% from 143 days in January of last year. The January 2015 DOM
was at its lowest level compared with January of 2014 and2013.
Selling Price per Square Foot
The Selling Price per Square Foot is a great indicator for the
direction of Property values. Since Median Sales Price and Average
Sales price can be impactedby the 'mix' of high or low end
Properties in the market, the selling price per square foot is a
more normalized indicator on the direction of Property values. The
January 2015 Selling Price per Square Foot of $585 was down -21.5%
from $745 last month and down -16.5% from $701 in January of last
year.
MARKET ACTION REPORT
January 2015
City: Old Greenwich, RiversideCharles NedderMarket
[email protected]
Price Range: $0 to $999,999,000 | Properties: Single Family
Home
2015 Coldwell Banker Real Estate LLC. All Rights Reserved.
Coldwell Banker Residential Brokerage fully supports the principles
of the Fair Housing Act and the Equal Opportunity Act. Coldwell
Banker ResidentialBrokerage is operated by a subsidiary of NRT LLC.
Coldwell Banker and the Coldwell Banker Logo are registered service
marks owned by Coldwell Banker Real Estate LLC.
Based on information from Greenwich Association of Realtors,
Inc. for the period 2/1/2012 through 1/31/2015. Due to MLS
reporting methods and allowable reporting policy, this data is only
informational and may not becompletely accurate. Therefore,
Coldwell Banker Residential Brokerage does not guarantee the data
accuracy. Data maintained by the MLS's may not reflect all real
estate activity in the market.
F 12 M A M J J A S O N D J 13 F M A M J J A S O N D J 14 F M A M
J J A S O N D J 15
Homes Sold 7 18 14 20 26 31 30 14 10 16 19 11 11 13 23 27 38 37
35 12 12 13 18 18 6 8 16 15 31 31 22 12 10 13 19 43 Mo. Roll Avg 13
17 20 26 29 25 18 13 15 15 14 12 16 21 29 34 37 28 20 12 14 16 14
11 10 13 21 26 28 22 15 12 14 12
(000's) F 12 M A M J J A S O N D J 13 F M A M J J A S O N D J 14
F M A M J J A S O N D J 15MedianSalePrice 2,195 993 1,263 1,753
1,560 1,800 1,673 1,773 1,441 1,408 2,050 1,200 1,963 1,810 1,585
1,875 1,750 1,625 1,675 918 1,543 1,713 1,376 2,150 3,265 1,100
1,835 1,600 1,700 1,900 1,904 1,987 2,280 2,500 1,900 1,9103 Mo.
Roll Avg 1,483 1,336 1,525 1,704 1,678 1,748 1,629 1,540 1,633
1,552 1,737 1,658 1,786 1,757 1,737 1,750 1,683 1,406 1,379 1,391
1,544 1,746 2,264 2,172 2,067 1,512 1,712 1,733 1,835 1,930 2,057
2,256 2,227 2,103
F 12 M A M J J A S O N D J 13 F M A M J J A S O N D J 14 F M A M
J J A S O N D J 15Inventory 154 180 192 201 191 170 148 156 157 137
106 114 129 141 174 190 170 151 125 148 147 132 97 89 114 126 154
183 164 145 125 138 131 111 84 96MSI 22 10 14 10 7 5 5 11 16 9 6 10
12 11 8 7 4 4 4 12 12 10 5 5 19 16 10 12 5 5 6 12 13 9 4 24
F 12 M A M J J A S O N D J 13 F M A M J J A S O N D J 14 F M A M
J J A S O N D J 15Days On Market 166 192 171 183 145 126 126 169
304 180 248 172 201 192 152 156 141 155 131 142 161 136 129 143 344
136 127 138 126 136 117 152 136 160 150 803 Mo. Roll Avg 176 182
166 151 132 140 200 218 244 200 207 188 182 167 150 151 142 143 145
146 142 136 205 208 202 134 130 133 126 135 135 149 149 130
F 12 M A M J J A S O N D J 13 F M A M J J A S O N D J 14 F M A M
J J A S O N D J 15Price per Sq Ft 598 579 485 574 596 616 589 828
548 539 626 568 632 610 572 595 612 597 618 552 593 669 537 701 640
547 665 633 640 755 604 721 755 661 745 5853 Mo. Roll Avg 554 546
552 595 600 678 655 638 571 578 609 603 605 592 593 601 609 589 588
605 600 636 626 629 617 615 646 676 666 693 693 712 720 664
F 12 M A M J J A S O N D J 13 F M A M J J A S O N D J 14 F M A M
J J A S O N D J 15Sale to List Price 0.930 0.942 0.926 0.932 0.939
0.960 0.957 0.961 0.952 0.955 0.933 0.945 0.944 0.953 0.961 0.963
0.974 0.961 0.975 0.952 0.947 0.958 0.928 0.953 0.980 0.961 0.976
0.948 0.958 0.969 0.965 0.970 0.980 0.933 0.939 0.9173 Mo. Roll Avg
0.933 0.933 0.932 0.944 0.952 0.959 0.957 0.956 0.947 0.944 0.941
0.947 0.953 0.959 0.966 0.966 0.970 0.963 0.958 0.952 0.944 0.946
0.954 0.965 0.972 0.962 0.961 0.958 0.964 0.968 0.972 0.961 0.951
0.930
F 12 M A M J J A S O N D J 13 F M A M J J A S O N D J 14 F M A M
J J A S O N D J 15New Listings 32 50 38 42 27 21 19 34 25 9 2 24 34
30 64 49 29 34 10 44 24 5 0 21 35 30 52 48 28 25 9 34 18 9 6
26Inventory 154 180 192 201 191 170 148 156 157 137 106 114 129 141
174 190 170 151 125 148 147 132 97 89 114 126 154 183 164 145 125
138 131 111 84 96Sales 7 18 14 20 26 31 30 14 10 16 19 11 11 13 23
27 38 37 35 12 12 13 18 18 6 8 16 15 31 31 22 12 10 13 19 4
(000's) F 12 M A M J J A S O N D J 13 F M A M J J A S O N D J 14
F M A M J J A S O N D J 15Avg Sale Price 2,800 1,960 1,327 1,997
2,234 2,332 2,117 3,047 1,649 1,980 2,606 1,697 2,168 1,924 1,718
2,013 2,022 1,729 1,871 2,044 1,751 2,196 1,544 2,230 3,247 1,866
2,031 2,006 2,001 2,485 2,340 2,809 2,179 2,690 2,275 6,0253 Mo.
Roll Avg 2,029 1,761 1,853 2,188 2,228 2,499 2,271 2,225 2,078
2,094 2,157 1,930 1,937 1,885 1,917 1,921 1,874 1,882 1,889 1,997
1,830 1,990 2,340 2,448 2,381 1,967 2,012 2,164 2,275 2,545 2,443
2,559 2,381 3,663
