Greenwich sold fewer houses than in 2021. Its median was higher.
501 single-family houses sold in Greenwich in 2025, compared with 956 in 2021. Over the same interval, the median sale rose from $2.24M to $3.0M. The market recorded fewer transactions at a higher middle price.
The median sale is the middle price of the year’s single-family sales. It measures the level of completed transactions. The sales count measures how many houses changed hands. Neither number, on its own, measures the supply of homes offered for sale.
Two different comparisons
Against 2021’s peak transaction count, 2025 was a lower-volume year. Against 2024, it was a higher-volume year: 501 sales followed 470. The baseline changes the description.
The price comparison also needs a defined period. Greenwich’s median rose 9.3% in the past year. Its same-house measure rose 9.2%. Same-house change follows properties that sold more than once, reducing the effect of a sales mix tilted toward bigger or newer houses. For 2025, the two annual measures were closely aligned.
That alignment helps explain price movement, but it does not turn the closing count into a listing inventory measure. Recorded sales cannot establish how many houses were available on a particular date, how long they took to sell, or how many failed to find a buyer.
What the records do support
Greenwich recorded 731 sales in 2020 and 956 in 2021. The later 501-sale year sat below both. The median continued upward through $2.40M in 2022, $2.48M in 2023 and $2.74M in 2024 before reaching $3.0M in 2025.
It is reasonable to describe that as higher prices alongside fewer completed sales than the 2021 peak. It would take separate evidence to say that a shortage of listings caused the price rise, that buyers were bidding faster, or that every segment faced the same conditions.
How an owner should use the distinction
A seller choosing an asking price needs comparable sales for the house being offered, plus current competing inventory when available. An annual count gives historical scale; it cannot predict the number of offers a particular property will receive.
A buyer needs the same separation. A high median does not mean that every listing merits its asking price. Property condition, improvements, site and location still need to be tested against relevant completed transactions.
The Greenwich Index places sale counts and prices beside one another so neither has to stand in for the other. In 2025 the recorded market was more active than in 2024, less active than in 2021, and higher in median price than either. That is what the supplied closing records establish.
Source: Connecticut’s recorded sales and town assessor records; analysis by The Roebling Team at Compass.
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