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With the holiday week the previous week there were not many houses on tour this week that I liked so I am leaving the featured house the same. However, I have updated the activity report, the neighborhood report, all graphs, months on average, and the open house list. The above pictured shingle style home is located at 26 Glen Avon Drive. Glen Avon is a beautiful quiet street in Riverside. It makes a horseshoe off of Club Road, which is the road where the Riverside Yacht Club is located. Not only is the location perfect for quiet walks overlooking the water at sunset, but the house stands out as well. The home sits on .84 of an acre making it an oversized lot. I envision this house being the center of all of the kids in the neighborhood. The back yard has it's own basketball court, and still room for a great patio and lawn, perfect for entertaining. Inside the home boasts six bedrooms, five full baths and one half bath, as well as three fireplaces. The master suite holds one of the fireplaces, as well as his and her walk in closets, a steam shower, and separate vanities. The home is listed as 5,371 s.f. but that does not include the lower level which has a walk out playroom, bath room, and mud room. While walking through the home it just felt right, from envisioning the neighborhood kids shooting hoops, to walking out your door to a picturesque walk, it left an impression. The home is listed at $4.85M.
This week we are changing our MLS (Multiple Listing Service). I will be changing all of the customized searches over to the new system which goes live on Monday. Hence, if you would like me to set you up with a web portal based on your customized search that will alert you as a new property comes on the market, changes price, or is sold, send me an email with your criteria. Clients love this as it helps them become more educated on what price points properties are transacting at within their own personal criteria.
There is a lack of inventory currently as properties come off of the market for the year end. In my opinion that points to an onslaught of inventory in Spring. If, you are looking to put your house on the market I would advise to put on before rather than later, as I feel there the philosophy of waiting until the spring market is outdated with the internet. The difficulty with that thought process is if everyone else is doing the same then you are competing against numerous properties. However, if you put it between now and February you have the opportunity to differentiate yourself online as well as the Realtor Community. As Realtors we tour houses every Tuesday and Thursday, and if there are not a lot of broker open houses your house will be seen by a lot of Realtors which obviously helps in those realtors showing your house. Currently, we have 516 properties on the market, continuing the trend of declining inventory over the last several weeks. If you look at my blog from the end of September we had 656 properties, which is a 22 percent decrease in total inventory in the last couple of months.
Below are the Sold Price to List Price percentage for each of the four towns as well as some neighborhood data:
Sold Price vs. List Price
Neighborhood Data
Please let me know if you would like me to provide customized information or statistics for you based on your criteria.
**The information on the featured property and all statistical information is from the Greenwich MLS.
**All opinions garnered from the statistics are my own
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