The RMA Presents “Update on the 2025 Greenwich Real Estate Market”
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Greenwich Sentinel·
- March 4, 2026·
David and Linda Michonski briefed the audience on Greenwich’s latest revaluation, explaining the 27% average assessment increase, a tight February 20 appeal window, and senior/disabled tax credit rules tied to age, income, residency, and assessed value caps. David then highlighted luxury-market “real estate porn” and walked through 2025’s priciest Greenwich sales, culminating in a $43 million Khakum Wood estate and contrasting them with past record-breakers like Copper Beech Farm at $135 million. He concluded that single-family home prices have surged to a $4.3 million average amid severe inventory shortages and a long-running national housing shortfall, while condo/coop prices stayed flat and Greenwich has slipped behind Darien and Westport in state income rankings.