Greenwich Single-Family Home Listings Plunge by Most on Record

The pickings are getting slimmer for homebuyers in Greenwich, Connecticut.

Frenzied shoppers seeking a slice of suburban life sent listings plummeting 44% in the first quarter from a year earlier, according to a report Thursday by appraiser Miller Samuel Inc. and brokerage Douglas Elliman Real Estate. It was the biggest annual decline in records going back to 2014.

Greenwich Single-Family Home Listings Plunge by Most on Record

“Everything that’s not tied down seems to be selling,” said Jonathan Miller, president of the appraisal firm.

Single-family home sales in the posh New York suburb jumped 94%, with 200 properties changing hands. The median price of those deals was $2.24 million, a 31% increase.

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