(ZEROHEDGE) – The exodus of city dwellers from New York City continued into late 2020 as homebuying in Greenwich surged, according to Bloomberg.
A new report from appraiser Miller Samuel Inc. and Douglas Elliman Real Estate said 317 single-family homes were listed in the tiny town, located in southwestern Fairfield County, at the end of December.
A shortage of Greenwich homes prompted a fierce bidding war among buyers who were willing to pay at least 14% above the seller’s asking price, compared with 2.6% in 2019.
