The Greenwich Multiple Listing Service Inc., the multiple listing service used by Realtors in the Greenwich area, provided the figures.
The number of single-family residential closings increased by 5 percent compared to May 2014, when there were 53 closings. The median sale price for a single-family home increased by 20 percent to $1,887,500 from $1,575,000, the median sales price in May 2014.
The average days on the market for residential homes was 219 days, which was consistent with 220 days in May 2014.
See the attached PDF for more information and charts on Greenwich housing in May.
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