The housing market in Greenwich continues to see strong price appreciation, with values up 14.6% compared to last year. Home prices have increased 49.8% in the past month alone. At the current pace, all available homes in Greenwich would sell out in just 1.9 months, indicating a continued supply shortage. Homes are taking about 29 days to sell, which is -9 days longer than this time last year. The majority of homes (53.4%) sold above asking price, a clear sign of competitive bidding. Affordability remains a significant challenge in the Greenwich market with the affordability index at 889.9. Market projections suggest continued price appreciation in the coming months as demand outpaces supply.