Column: Greenwich’s 2022 Real Estate Records
We had possibly the tightest market ever earlier this year in March 2022. At that time, most price ranges all the way up to $4 million only had a few weeks of supply. Buyer demand was high and houses that had sat on the market for years were selling.
Fast forward to December 2022 and our months of supply is mostly under 6 months of supply the traditional dividing line between a buyer’s and a seller’s market, but demand is way down, it’s just that inventory is down even more.