Greenwich Real Estate Blog and Analysis: April 3rd
Sunday, April 3, 2016 at 9:15AM
Jared Randall
Greenwich Real Estate Blog:
April 1st

A weekly analysis brought to you by Greenwich Real Estate Guy.
Dear Readers,

The above pictured colonial is located at 93 North Street in Greenwich.  This home was built in 2007 has four bedrooms, four full baths, and one half bath.  The location is second to none being on North Street but still close to town and amenities.  I felt the listing agent (Joanne Mancuso) did a great job with her write up:
"Beautifully designed colonial classic, custom crafted to highest standards for current owners, is situated amid a lovely picket fence enclosed setting close to town. Double-height entry hall introduces exquisitely detailed, state-of-the-art interior with nine-foot main floor ceilings, the finest materials, marble-appointed baths, random-width oak flooring. Elegant living room with fireplace; gracious dining room; cozy library/den; French doors to terrace and private yard from vaulted three-exposure family room with stone fireplace and fabulous marble-appointed kitchen with 7.5 foot center isle, butler's pantry, breakfast area, superior Viking, Bosch, SubZero appliances. Large playroom; master with his/her walk-in closets, luxurious radiant-heated bath with steam shower, air-massage tub."
Feel free to search properties.  For a customized search or analysis feel free to email me your parameters and I can set up a portal for you.  If, you know anyone who is looking to buy or sale in Greenwich, please do not hesitate to send me their contact information.  I would be honored to help in anyway possible.  

**The information on the featured property and all statistical information is from the Greenwich MLS.
**All opinions garnered from the statistics are my own

Properties Sold

 

  We had 67 properties sell in February compared to 55 in February of 2015.  Again over 20% of last year.  

 

New Listings

We had 122 new listings in February compared to 95 last year also over 20% growth.  So as we are seeing improvement in the amount of properties sold, we are seeing them in the lower price points, and we are also seeing the inventory growing as owners are hearing the market is improving.

 Year to Date Sold
As you can see by the chart above as well as reading the market reports.  The amount of transactions are up which is a great sign for the overall market.  However, they are mostly in the lower price ranges.  Hence you see a decrease in the median prices.  This chart shows that through February 71% of all the properties sold are under $2M.
 
Year to Date Available
  
Comparing these two charts you see the difficulty in the market.  71% of the sold properties are under $2M.  Yet, only 38% of the inventory is under $2M.  So, if you are buying in that price range you are in a very competitive situation.  Conversely, if you are selling in the higher price range you are also in a competitive situation with the inventory.  This is where pricing and nicely the home shows becomes imperative.

Open Houses April 3rd
  
Tone can see that the Spring market is in full effect.  We have 97 open houses on Sunday.
Street Name Area Time List Price Listing Office
115 River Road #6 Cos Cob 1-4 p.m. $3.9K Charles Paternina
71 Orchard Place #A Greenwich 1-3 p.m. $7.25K Davenport
12 Heusted Drive Old Greenwich 2-4 p.m. $7.5K Halstead
2 Deer Lane Greenwich 1-4 p.m. $13K BHHS
147 Putnam Park Greenwich 2-4 p.m. $485K Raveis
75 Cos Cob #7 Cos Cob 1-3 p.m. $507.4K Relocation Group
9 Cottage Place Greenwich 1-3 p.m. $625K Coldwell Banker
40 Caroline Place Greenwich 2-4 p.m. $650K Douglas Elliman
9 River Road #414 Cos Cob 2-4 p.m. $659K Coldwell Banker
66 Richland Road #3 Greenwich 12-3 p.m. $669K Coldwell Banker
351 Pemberwick #204 Greenwich 1-3 p.m. $687.5K Houlihan Lawrence
97 Greenwich Hills Greenwich 2-5 p.m. $699K Raveis
23 Wescott Street Riverside 12-2 p.m. $730.5K Halstead
76 Greenwich Hills Greenwich 1-3 p.m. $795K Raveis
16 Lia Fail Way Cos Cob 1-4 p.m. $799K Raveis
115 River Road #6 Cos Cob 1-4 p.m. $895K Charles Paternina
10 Licata Terrace Cos Cob 1-3 p.m. $919K Houlihan Lawrence
112 Orchard Street Cos Cob 1-3 p.m. $989K Sotheby's
49 Indian Harbor #6 Greenwich 1-4 p.m. $995K Coldwell Banker
296 Round Hill Greenwich 1-3 p.m. $995K Houlihan Lawrence
30 Indian Field Road Greenwich 1-3 p.m. $1.145M Sotheby's
149 Holly Hill Lane Greenwich 3-5 p.m. $1.1559M Scott Kadison
5 Corrigan Lane Greenwich 1-3 p.m. $1.25M Raveis
72 Sound Beach Old Greenwich 1-3 p.m. $1.255M Raveis
31 Hawthorne Street Greenwich 1-3 p.m. $1.2895M Abart
12 Davenport Avenue #1 Greenwich 1-3 p.m. $1.295M Relocation Group
51 Forest Avenue #108 Old Greenwich 1-3 p.m. $1.3375M BHHS
101 Lewis Street #N Greenwich 1-4 p.m. $1.349M Houlihan Lawrence
10 Lockwood Drive Old Greenwich 2-4 p.m. $1.395M Coldwell Banker
20 Georgetowne North Greenwich 12-2:30 $1.398M Scott Kadison
101 Lewis Street #M Greenwich 1-4 p.m. $1.399M Newbridge
31 Westview Place Riverside 2-4 p.m. $1.488M Coldwell Banker
365 Round Hill Greenwich 2-4 p.m. $1.525M Davenport
21 Lia Fail Cos Cob 1-4 p.m. $1.595M Raveis
186 Field Point #4A Greenwich 1-3 p.m. $1.595M Douglas Elliman
5 Lockwood Drive Old Greenwich 2-4 p.m. $1.595M Houlihan Lawrence
41 Westview Place Riverside 2-4 p.m. $1.595M Coldwell Banker
71 Orchard Place #A Greenwich 1-3 p.m. $1.65M Davenport
11 Hendrie Lane Riverside 1-3 p.m. $1.675M Coldwell Banker
12 Heusted Drive Old Greenwich 2-4 p.m. $1.695M Halstead
19 Lockwood Drive Old Greenwich 2-4 p.m. $1.695M Halstead
55 Summit Road Riverside 2-4 p.m. $1.699M Sotheby's
10 West End Old Greenwich 2-4 p.m. $1.795M Houlihan Lawrence
12 Halock Drive Greenwich 1-3 p.m. $1.795M Coldwell Banker
7 Stag Lane Greenwich 1-3 p.m. $1.795M Houlihan Lawrence
48 Locust Road Greenwich 2-4 p.m. $1.85M David Ogilvy
10 Park Avenue Old Greenwich 1-3 p.m. $1.899M Coldwell Banker
41 Riverside Lane Riverside 1-3 p.m. $1.949M Sotheby's
21 Mohawk Lane Greenwich 1-4 p.m. $1.95M Douglas Elliman
102 Riverside Lane Riverside 1-3 p.m. $1.95M Raveis
12 Randolph Place Cos Cob 1-3 p.m. $1.95M Coldwell Banker
11 Wyngate Road Greenwich 1-4 p.m. $1.975M Coldwell Banker
188 Bedford Road Greenwich 1-4 p.m. $1.999M BHHS
11 Pintail Lane Greenwich 1-3 p.m. $1.995M Houlihan Lawrence
11 Riversville Road Greenwich 1-4 p.m. $1.995M Weichert
73 Cutler Road Greenwich 1-4 p.m. $1.995M Raveis
9 Shaw Place Riverside 1-3 p.m. $1.995M Coldwell Banker
311 Cognewaugh Road Cos Cob 12-3 p.m. $2.075M Weichert
53 Lockwood Avenue Old Greenwich 1-3 p.m. $2.325M Sotheby's
21 & 16 Lia Fail Cos Cob 1-4 p.m. $2.39M Raveis
93 Summit Road Riverside 1-4 p.m. $2.395M Sotheby's
12 Davenport Avenue Greenwich 1-3 p.m. $2.495M Relocation Group
522 North Street Greenwich 1-3 p.m. $2.55M Houlihan Lawrence
20 Gilliam Lane Riverside 2-4 p.m. $2.6M Sotheby's
443 North Street Greenwich 12-2 p.m. $2.65M Centric
63 Sherwood Place Greenwich 1-3 p.m. $2.675M Sotheby's
65 Sherwood Place Greenwich 1-3 p.m. $2.675M Sotheby's
16 Copper Beech Greenwich 1-4 p.m. $2.695M BHHS
3 Dewart Road Greenwich 2-4 p.m. $2.85M David Ogilvy
47 Birch Lane Greenwich 1-3 p.m. $2.85M Coldwell Banker
11 Red Coat Lane Greenwich 2-4 p.m. $2.875M Sotheby's
10 Gilliam Lane Riverside 1-3 p.m. $2.895M Halstead
8 Patricia Lane Cos Cob 1-4 p.m. $2.975M BHHS
12 Binney Lane Old Greenwich 1-4 p.m. $2.985M BHHS
294 Round Hill Road Greenwich 1-3 p.m. $2.995M Houlihan Lawrence
26 Connecticut Avenue Greenwich 2-4 p.m. $2.995M Sotheby's
67 Tomac Avenue Old Greenwich 1-3 p.m. $2.995M Sotheby's
400 N. Maple Avenue Greenwich 1-4 p.m. $2.999M BHHS
75 Dearfield Drive Greenwich 1-3 p.m. $3.1M Coldwell Banker
130 Lower Cross Greenwich 1-3 p.m. $3.25M Sotheby's
28 Old Camp Lane Cos Cob 1-3 p.m. $3.45M Riverside Realty
2 Deer Lane Greenwich 1-4 p.m. $3.495M BHHS
294 Round Hill Road Greenwich 1-3 p.m. $3.495M Houlihan Lawrence
84 Connecticut Avenue Greenwich 1-3 p.m. $3.595M Houlihan Lawrence
21 Walsh Lane Greenwich 2-4 p.m. $3.65M Raveis
15 Terrace Avenue Riverside 1-4 p.m. $3.795M BHHS
3 Gisborne Place Old Greenwich 1-3 p.m. $3.995M Coldwell Banker
8 Chapel Lane Riverside 1-4 p.m. $4.175M BHHS
52 Ridgeview Avenue Greenwich 1-4 p.m. $4.45M BHHS
37 Londonderry Drive Greenwich 1-3 p.m. $4.9999M Greenwich Realty
3 Dunwoodie Place Greenwich 1-3 p.m. $5.675M BHHS
432 Field Point Greenwich 2-4 p.m. $5.895M Halstead
291 Stanwich Road Greenwich 1-3 p.m. $5.995M Coldwell Banker
233 Byram Shore Road Greenwich 2-4 p.m. $5.995M Raveis
35 Winding Lane Greenwich 2-4 p.m. $6.495M Coldwell Banker
7 Ford Lane Old Greenwich 12-4 p.m. $6.749M Raveis
15 Andrews Road Greenwich 1-3 p.m. $8.77M Coldwell Banker



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