Greenwich home sales show momentum

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Home sales in Greenwich, Conn. are showing marked improvement this year, compared to 2009, according to Greenwich Time. There have been 337 single-family home sales so far this year, according to a July report from Prudential Connecticut Realty, up 102 percent from last year. The rate of home sales is in line with 2008 data, which showed that roughly 324 single-family homes were sold in the first seven months of the year. The median sales price showed a modest improvement over last year’s, climbing to $1.7 million from $1.6 million in July 2009. [Greenwich Time]