LUXURY NY & CT
Market Report FULL YEAR 2023
LUXURY MARKET REPORT 4th QUARTER 2023
WESTCHESTER COUNTY LUXURY HOME SALES | $2 M AND HIGHER Q4 2023
Q4 2022
% CHANGE
FULL YEAR 2023
FULL YEAR 2022
% CHANGE
72
72
0.0%
486
669
-27.4%
TOTAL DOLLAR VOLUME
$230,357,948
$216,961,914
6.2%
$1,530,563,242
$2,070,562,896
-26.1%
MEDIAN SALE PRICE
$2,683,000
$2,631,250
2.0%
$2,725,000
$2,700,000
0.9%
AVERAGE PRICE PER SQUARE FOOT
$642
$581
10.5%
$618
$604
2.3%
AVERAGE DAYS ON MARKET
77
61
26.2%
60
47
27.7%
% SALE PRICE TO LIST PRICE
100.6%
96.8%
3.9%
100.3%
102.0%
-1.7%
HOMES SOLD
PUTNAM AND DUTCHESS COUNTY LUXURY HOME SALES | $1 M AND HIGHER Q4 2023
Q4 2022
% CHANGE
FULL YEAR 2023
FULL YEAR 2022
% CHANGE
21
27
-22.2%
90
148
-39.2%
TOTAL DOLLAR VOLUME
$32,176,500
$45,315,897
-29.0%
$143,419,381
$282,939,194
-49.3%
MEDIAN SALE PRICE
$1,300,000
$1,458,250
-10.9%
$1,393,750
$1,450,000
-3.9%
AVERAGE PRICE PER SQUARE FOOT
$552
$440
25.5%
$492
$441
11.6%
AVERAGE DAYS ON MARKET
140
158
-11.4%
141
158
-10.8%
% SALE PRICE TO LIST PRICE
100.3%
97.8%
2.6%
98.0%
94.7%
3.5%
UNITS SOLD
GREENWICH, CT LUXURY HOME SALES | $3 M AND HIGHER Q4 2023
Q4 2022
% CHANGE
FULL YEAR 2023
FULL YEAR 2022
% CHANGE
41
27
51.9%
216
251
-13.9%
TOTAL DOLLAR VOLUME
$231,432,500
$126,863,850
82.4%
$1,339,951,315
$1,268,575,463
5.6%
MEDIAN SALE PRICE
$5,200,000
$4,153,000
25.2%
$4,800,000
$4,510,000
6.4%
AVERAGE PRICE PER SQUARE FOOT
$922
$847
8.9%
$918
$797
15.2%
AVERAGE DAYS ON MARKET
99
62
59.7%
124
88
40.9%
% SALE PRICE TO LIST PRICE
97.3%
99.7%
-2.4%
96.6%
99.0%
-2.4%
HOMES SOLD
Source: Onekey MLS, Mid-Hudson MLS and Greenwich MLS.
LUXURY MARKET REPORT 4th QUARTER 2023
DARIEN LUXURY HOME SALES | $2 M AND HIGHER Q4 2023
Q4 2022
% CHANGE
FULL YEAR 2023
FULL YEAR 2022
% CHANGE
31
28
10.7%
117
108
8.3%
TOTAL DOLLAR VOLUME
$93,936,000
$89,906,936
4.5%
$430,291,375
$347,265,933
23.9%
MEDIAN SALE PRICE
$2,700,000
$2,675,000
0.9%
$2,700,000
$2,846,000
-5.1%
AVERAGE PRICE PER SQUARE FOOT
$687
$633
8.5%
$697
$615
13.3%
AVERAGE DAYS ON MARKET
56
55
1.8%
43
45
-4.4%
% SALE PRICE TO LIST PRICE
101.1%
101.4%
-0.3%
97.7%
102.0%
-4.2%
Q4 2023
Q4 2022
% CHANGE
FULL YEAR 2023
FULL YEAR 2022
% CHANGE
1
4
-75.0%
19
21
-9.5%
TOTAL DOLLAR VOLUME
$3,295,000
$13,380,500
-75.4%
$56,391,019
$63,182,500
-10.7%
MEDIAN SALE PRICE
$3,295,000
$3,471,500
-5.1%
$2,520,019
$2,825,000
-10.8%
AVERAGE PRICE PER SQUARE FOOT
$932
$888
5.0%
$792
$785
0.9%
AVERAGE DAYS ON MARKET
146
29
403.4%
46
33
39.4%
% SALE PRICE TO LIST PRICE
94.3%
100.0%
-5.7%
101.8%
103.2%
-1.4%
HOMES SOLD
ROWAYTON LUXURY HOME SALES | $2 M AND HIGHER
HOMES SOLD
NEW CANAAN LUXURY HOME SALES | $2 M AND HIGHER Q4 2023
Q4 2022
% CHANGE
FULL YEAR 2023
FULL YEAR 2022
% CHANGE
22
19
15.8%
105
121
-13.2%
TOTAL DOLLAR VOLUME
$72,639,500
$55,524,000
30.8%
$317,471,000
$370,116,947
-14.2%
MEDIAN SALE PRICE
$3,050,000
$2,550,000
19.6%
$2,675,000
$2,718,000
-1.6%
AVERAGE PRICE PER SQUARE FOOT
$479
$475
0.8%
$492
$497
-1.0%
AVERAGE DAYS ON MARKET
64
58
10.3%
53
59
-10.2%
% SALE PRICE TO LIST PRICE
99.6%
97.8%
1.8%
99.4%
101.4%
-2.0%
HOMES SOLD
Source: Smart MLS.
LUXURY MARKET REPORT 4th QUARTER 2023
WESTCHESTER COUNTY LUXURY HOME SALES Q4 2023
Q4 2022
% CHANGE
FULL YEAR 2023
FULL YEAR 2022
% CHANGE
$2,000,000 - $2,999,999
45
51
-11%
308
429
-28%
$3,000,000 - $4,999,999
20
15
33%
135
201
-32%
$5,000,000 - $9,999,999
6
5
20%
38
36
5%
$10,000,000 and up
1
1
0
5
3
66%
PUTNAM AND DUTCHESS COUNTY LUXURY HOME SALES Q4 2023
Q4 2022
% CHANGE
FULL YEAR 2023
FULL YEAR 2022
% CHANGE
$1,000,000 - $1,999,999
18
22
-18%
76
114
-33%
$2,000,000 and up
3
5
-40%
14
34
-58%
Q4 2023
Q4 2022
% CHANGE
FULL YEAR 2023
FULL YEAR 2022
% CHANGE
$3,000,000 - $3,999,999
8
11
-27%
60
88
-31%
$4,000,000 - $4,999,999
12
6
100%
61
66
-7%
$5,000,000 - $9,999,999
18
10
80%
82
89
-7%
$10,000,000 and up
3
0
Not Valid
13
8
62%
GREENWICH, CT LUXURY HOME SALES
Source: Onekey MLS, Mid-Hudson MLS and Greenwich MLS
LUXURY MARKET REPORT 4th QUARTER 2023
DARIEN LUXURY HOME SALES Q4 2023
Q4 2022
% CHANGE
FULL YEAR 2023
FULL YEAR 2022
% CHANGE
$2,000,000 - $2,999,999
18
16
12%
71
57
24%
$3,000,000 - $4,999,999
10
9
11%
39
43
-9%
$5,000,000 - $9,999,999
3
3
0%
6
8
-25%
$10,000,000 and up
0
0
Not Valid
1
0
Not Valid
Q4 2023
Q4 2022
% CHANGE
FULL YEAR 2023
FULL YEAR 2022
% CHANGE
$2,000,000 - $2,999,999
0
1
-100%
13
15
-13%
$3,000,000 - $4,999,999
1
3
-66%
5
5
0%
$5,000,000 - $9,999,999
0
0
Not Valid
1
1
0%
$10,000,000 and up
0
0
Not Valid
0
0
Not Valid
Q4 2023
Q4 2022
% CHANGE
FULL YEAR 2023
FULL YEAR 2022
% CHANGE
$2,000,000 - $2,999,999
11
13
-15%
64
80
-20%
$3,000,000 - $4,999,999
8
6
33%
34
35
-2%
$5,000,000 - $9,999,999
3
0
Not Valid
7
5
40%
$10,000,000 and up
0
0
Not Valid
0
1
-100%
ROWAYTON LUXURY HOME SALES
NEW CANAAN LUXURY HOME SALES
Source: Smart MLS.
LUXURY MARKET REPORT 4th QUARTER 2023
TOP NEW YORK LUXURY MARKETS
WESTCHESTER COUNTY LUXURY HOME SALES | $2M AND HIGHER SCHOOL DISTRICT
# OF SALES
MEDIAN LUXURY SALE PRICE
HIGHEST SALE PRICE
RYE CITY
17
$2,875,000
$7,800,000
SCARSDALE
16
$3,050,000
$7,500,000
BEDFORD
7
$2,800,000
$10,000,000
HARRISON
6
$2,585,000
$3,700,000
BRONXVILLE
4
$2,462,500
$2,850,000
BYRAM HILLS
4
$2,947,500
$3,100,000
MAMARONECK
3
$2,075,000
$3,825,000
IRVINGTON
3
$2,150,750
$2,470,000
PELHAM
3
$2,450,000
$2,675,000
KATONAH LEWISBORO
2
$3,147,500
$4,000,000
NORTH SALEM
1
$2,350,000
$2,350,000
CHAPPAQUA
1
$2,725,000
$2,725,000
# OF SALES
MEDIAN LUXURY SALE PRICE
HIGHEST SALE PRICE
HALDANE
2
$1,450,000
$1,750,000
BREWSTER
1
$1,149,000
$1,149,000
GARRISON
1
$1,607,000
$1,607,000
PUTNAM COUNTY LUXURY HOME SALES | $1M AND HIGHER SCHOOL DISTRICT
DUTCHESS COUNTY LUXURY HOME SALES | $1M AND HIGHER TOWN/CITY
# OF SALES
MEDIAN LUXURY SALE PRICE
HIGHEST SALE PRICE
PAWLING
2
$1,700,000
$2,300,000
WASHINGTON
2
$2,315,000
$2,700,000
RHINEBECK
1
$1,500,000
$1,500,000
Source: Onekey MLS and Mid-Hudson MLS.
LUXURY MARKET REPORT 4th QUARTER 2023
TOP CONNECTICUT LUXURY MARKETS
GREENWICH, CT LUXURY HOME SALES | $3M AND HIGHER TOWN/CITY
# OF SALES
MEDIAN LUXURY SALE PRICE
HIGHEST SALE PRICE
GREENWICH
33
$5,275,000
$11,000,000
OLD GREENWICH
5
$3,450,000
$4,095,000
RIVERSIDE
3
$4,550,000
$10,300,000
SOUTHERN FAIRFIELD COUNTY, CT LUXURY HOME SALES | $2M AND HIGHER TOWN/CITY
# OF SALES
MEDIAN LUXURY SALE PRICE
HIGHEST SALE PRICE
DARIEN
31
$2,700,000
$6,500,000
WESTPORT
29
$2,795,000
$8,600,000
NEW CANAAN
22
$3,050,000
$7,550,000
FAIRFIELD
9
$2,600,000
$4,500,000
STAMFORD
8
$2,179,500
$5,650,000
WILTON
6
$2,150,000
$2,525,000
RIDGEFIELD
3
$2,500,000
$2,510,000
WESTON
3
$3,350,000
$3,500,000
REDDING
2
$2,987,500
$3,750,000
NORWALK
1
$3,295,000
$3,295,000
Source: Greenwich MLS and Smart MLS
LUXURY MARKET REPORT 4th QUARTER 2023 SUPPLY/DEMAND SNAPSHOT SOUTHERN WESTCHESTER COUNTY | $2M AND HIGHER AS OF DECEMBER 21, 2023
AS OF DECEMBER 21, 2022
2023 vs. 2022
SUPPLY: ACTIVE LISTINGS
DEMAND: PENDING SALES
SUPPLY/ DEMAND RATIO*
SUPPLY: ACTIVE LISTINGS
DEMAND: PENDING SALES
SUPPLY/ DEMAND RATIO*
% CHANGE IN LISTINGS
% CHANGE IN PENDINGS
$2,000,000 - $2,999,999
40
28
1
31
36
1
29.0%
-22.2%
$3,000,000 - $4,999,999
32
28
1
38
25
2
-15.8%
12.0%
$5,000,000 - $9,999,999
26
3
9
23
7
3
13.0%
-57.1%
$10,000,000 and up
3
0
Not Valid
3
0
Not Valid
0.0%
0.0%
PRICE RANGE
NORTHERN WESTCHESTER COUNTY | $2M AND HIGHER AS OF DECEMBER 21, 2023
AS OF DECEMBER 21, 2022
2023 vs. 2022
SUPPLY: ACTIVE LISTINGS
DEMAND: PENDING SALES
SUPPLY/ DEMAND RATIO*
SUPPLY: ACTIVE LISTINGS
DEMAND: PENDING SALES
SUPPLY/ DEMAND RATIO*
% CHANGE IN LISTINGS
% CHANGE IN PENDINGS
$2,000,000 - $2,999,999
21
10
2
22
12
2
-4.5%
-16.7%
$3,000,000 - $4,999,999
15
3
5
17
4
4
-11.8%
-25.0%
$5,000,000 - $9,999,999
8
4
2
18
1
18
-55.6%
300.0%
$10,000,000 and up
3
1
3
4
2
2
-25.0%
-50.0%
PRICE RANGE
PUTNAM COUNTY | $1M AND HIGHER AS OF DECEMBER 21, 2023
AS OF DECEMBER 21, 2022
2023 vs. 2022
PRICE RANGE
SUPPLY: ACTIVE LISTINGS
DEMAND: PENDING SALES
SUPPLY/ DEMAND RATIO*
SUPPLY: ACTIVE LISTINGS
DEMAND: PENDING SALES
SUPPLY/ DEMAND RATIO*
% CHANGE IN LISTINGS
% CHANGE IN PENDINGS
$1,000,000 - $1,999,999
24
3
8
18
2
9
33.3%
50.0%
$2,000,000 and up
11
3
4
9
1
9
22.2%
200.0%
DUTCHESS COUNTY | $1M AND HIGHER AS OF DECEMBER 21, 2023
AS OF DECEMBER 21, 2022
2023 vs. 2022
PRICE RANGE
SUPPLY: ACTIVE LISTINGS
DEMAND: PENDING SALES
SUPPLY/ DEMAND RATIO*
SUPPLY: ACTIVE LISTINGS
DEMAND: PENDING SALES
SUPPLY/ DEMAND RATIO*
% CHANGE IN LISTINGS
% CHANGE IN PENDINGS
$1,000,000 - $1,999,999
46
6
8
50
14
4
-8.0%
-57.1%
$2,000,000 and up
29
7
4
20
5
4
45.0%
40.0%
*Supply Demand Ratio Key 1-4: High Demand 5-6: Balanced 7-9: Low Demand 10+: Very Low Demand
Source: Onekey MLS and Mid-Hudson MLS.
LUXURY MARKET REPORT 4th QUARTER 2023 SUPPLY/DEMAND SNAPSHOT GREENWICH, CT | $3M AND HIGHER AS OF DECEMBER 21, 2023
AS OF DECEMBER 21, 2022
2023 vs. 2022
SUPPLY: ACTIVE LISTINGS
DEMAND: PENDING SALES
SUPPLY/ DEMAND RATIO*
SUPPLY: ACTIVE LISTINGS
DEMAND: PENDING SALES
SUPPLY/ DEMAND RATIO*
% CHANGE IN LISTINGS
% CHANGE IN PENDINGS
$3,000,000 - $3,999,999
9
13
1
26
12
2
-65.4%
8.3%
$4,000,000 - $4,999,999
11
7
2
24
7
3
-54.2%
0.0%
$5,000,000 - $9,999,999
25
11
2
34
13
3
-26.5%
-15.4%
$10,000,000 and up
19
3
6
23
2
12
-17.4%
50.0%
PRICE RANGE
DARIEN | $2M AND HIGHER AS OF DECEMBER 21, 2023
AS OF DECEMBER 21, 2022
2023 vs. 2022
SUPPLY: ACTIVE LISTINGS
DEMAND: PENDING SALES
SUPPLY/ DEMAND RATIO*
SUPPLY: ACTIVE LISTINGS
DEMAND: PENDING SALES
SUPPLY/ DEMAND RATIO*
% CHANGE IN LISTINGS
% CHANGE IN PENDINGS
$2,000,000 - $2,999,999
1
0
Not Valid
4
7
1
-75.0%
-100.0%
$3,000,000 - $4,999,999
3
4
1
10
3
3
-70.0%
33.3%
$5,000,000 - $9,999,999
8
1
8
2
0
Not Valid
300.0%
0.0%
$10,000,000 and up
2
0
Not Valid
0
1
0
0.0%
-100.0%
PRICE RANGE
ROWAYTON | $2M AND HIGHER AS OF DECEMBER 21, 2023
AS OF DECEMBER 21, 2022
2023 vs. 2022
SUPPLY: ACTIVE LISTINGS
DEMAND: PENDING SALES
SUPPLY/ DEMAND RATIO*
SUPPLY: ACTIVE LISTINGS
DEMAND: PENDING SALES
SUPPLY/ DEMAND RATIO*
% CHANGE IN LISTINGS
% CHANGE IN PENDINGS
$2,000,000 - $2,999,999
3
1
3
0
2
0
0.0%
-50.0%
$3,000,000 - $4,999,999
2
0
Not Valid
2
0
Not Valid
0.0%
0.0%
$5,000,000 - $9,999,999
0
0
Not Valid
0
1
0
0.0%
-100.0%
$10,000,000 and up
0
0
Not Valid
0
0
Not Valid
0.0%
0.0%
PRICE RANGE
NEW CANAAN | $2M AND HIGHER AS OF DECEMBER 21, 2023
AS OF DECEMBER 21, 2022
2023 vs. 2022
SUPPLY: ACTIVE LISTINGS
DEMAND: PENDING SALES
SUPPLY/ DEMAND RATIO*
SUPPLY: ACTIVE LISTINGS
DEMAND: PENDING SALES
SUPPLY/ DEMAND RATIO*
% CHANGE IN LISTINGS
% CHANGE IN PENDINGS
$2,000,000 - $2,999,999
4
6
1
5
2
3
-20.0%
200.0%
$3,000,000 - $4,999,999
16
5
3
22
4
6
-27.3%
25.0%
$5,000,000 - $9,999,999
6
1
6
8
0
Not Valid
-25.0%
0.0%
$10,000,000 and up
3
0
Not Valid
2
0
Not Valid
50.0%
0.0%
PRICE RANGE
*Supply Demand Ratio Key 1-4: High Demand 5-6: Balanced 7-9: Low Demand 10+: Very Low Demand
Source: Greenwich MLS and Smart MLS.
LUXURY MARKET REPORT 4th QUARTER 2023 TEN-YEAR MARKET HISTORY WESTCHESTER COUNTY LUXURY HOME SALES | $2M AND HIGHER
PUTNAM COUNTY LUXURY HOME SALES | $1M AND HIGHER
Source : Onekey MLS.
LUXURY MARKET REPORT 4th QUARTER 2023 TEN-YEAR MARKET HISTORY DUTCHESS COUNTY LUXURY HOME SALES | $1M AND HIGHER
GREENWICH, CT LUXURY HOME SALES | $3M AND HIGHER
Source : Mid-Hudson and Greenwich Multiple Listing Service.
LUXURY MARKET REPORT 4th QUARTER 2023 TEN-YEAR MARKET HISTORY DARIEN, CT LUXURY HOME SALES | $2M AND HIGHER
ROWAYTON, CT LUXURY HOME SALES | $2M AND HIGHER
Source : Smart MLS.
LUXURY MARKET REPORT 4th QUARTER 2023 TEN-YEAR MARKET HISTORY NEW CANAAN, CT LUXURY HOME SALES | $2M AND HIGHER
Source : Smart MLS.
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