Blog

Greenwich, CT Market Report

Shelly Tretter Lynch

Greenwich, Connecticut, in 2025 continues to epitomize luxury living, blending historic
charm with modern sophistication. Here's an overview of the current luxury lifestyle in
Greenwich:

Greenwich is witnessing an influx of residents from the West Coast, particularly those
affected by natural disasters like the Los Angeles fires. This "climate migration" trend is
driven by the town's appeal, including quality schools, healthcare, and a bucolic lifestyle.
Greenwich, Connecticut, known for its affluence and strong community ties, has a
vibrant philanthropic landscape. Several organizations and individuals in Greenwich are
deeply involved in charitable work, particularly in the areas of education, health, the
environment, the arts, and social services. Here are some notable philanthropic
endeavors and organizations based in or strongly connected to Greenwich.

• The luxury real estate market in Greenwich regularly attracts international
investors looking for stable, high-end property in the U.S.

• Many global buyers see Greenwich as a secure place to raise families, invest in
property, and be close to global financial centers.

Overall, Greenwich in April 2025 exemplifies a community that honors its heritage while
embracing growth and sustainability.

Greenwich's real estate market remains robust, characterized by high demand and
limited inventory. As of early 2025, the number of single-family home listings has
reached an all-time low, with only 86 properties available—a significant drop from 454
listings in 2019.

Luxury Events & Lifestyle
The Greenwich Concours Elegance, scheduled for May 30 to June 1, 2025, remains a
highlight for luxury car enthusiasts. This premier event showcases high-performance
sports cars and classic vehicles along the scenic waterfront, offering exclusive displays
and experiences for collectors.

Greenwich Polo Club, located in the scenic backcountry of Greenwich, Connecticut, is one
of the premier high-goal polo venues in the United States. Established in 1981 by Peter
M. Brant, the club has hosted some of the most prestigious tournaments in the sport,
including the East Coast Open.

Polo Season & Events
The club's high-goal polo season typically runs from June through September, featuring
Sunday matches that are open to the public. Gates open at 1:00 PM, with matches
commencing at 3:00 PM. These events attract over 2,000 spectators each week,
offering a blend of world-class polo and a vibrant social atmosphere.

Arts & Culture
The town's cultural scene is vibrant, with events like the Bruce Museum's screenings of
French films and Saks Fifth Avenue's "The Gallery At Saks," a pop-up art gallery featuring
fine art prints and augmented reality experiences. The Bruce Museum, having
undergone a significant expansion, continues to be a cultural hub with exhibitions
spanning art, science, and natural history.

Greenwich in 2025 continues to offer a luxurious lifestyle, combining elegant
residences, gourmet dining, exclusive events, and a rich cultural scene, all set within a
picturesque New England town.

Yes, Greenwich, Connecticut is very much an internationally connected and globally influenced
community, despite being a relatively small town. Its international character comes from
a blend of affluent residents from around the world, proximity to New York City, and a
cosmopolitan lifestyle that draws professionals, entrepreneurs, and diplomats. Here’s
how Greenwich reflects its international flair.

• Greenwich is a hub for hedge funds and financial services, many of which operate
internationally.

• Executives and professionals with ties to companies like Bridgewater Associates,
AQR Capital, and other multinational firms live and work in the area.

• Its economic ties often extend to London, Hong Kong, Zurich, and Dubai, to name a
few.

Greenwich is experiencing a significant building boom, with several major projects
underway:

• Benedict Court and Benedict Place: A six-story structure with 120 units, nearly half
designated as affordable housing, is set to rise in central Greenwich.

• 581-585 West Putnam Ave: Plans for a four-story building with 44 residential units
have gained approval, transforming a former restaurant site.

• Greenwich American Center: A proposal to build 198 residential units at the
corporate campus in the north end of Greenwich has been approved, with
discussions ongoing about unit configurations and contributions to the town's
affordable housing trust fund.

These developments reflect a broader trend of repurposing office spaces into
residences due to changes in the commercial real estate market.

The housing market remains robust, with the average home value at $2.04 million,
marking a 3.8% increase over the past year.