Sunday
Aug182019
Greenwich Real Estate Guy's Blog: August 11th Open House List
Jared Randall
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The above picture is 10 Andrews Road. The house is 9,055 s.f. with six bedrooms, six full baths, and two half baths. The home was built in 2007 and priced at $4.325M. The open house is from 1-3 p.m.
Idyllic, close to town location offers extraordinary six-bedroom shingle style home on 1.66 acres with pool, spa, and waterfall bordering Wolf Pond. The stylish interior showcases architectural details and luxurious finishes with French doors in main rooms that unfold to terraces overlooking the water. Granite-clad chef's kitchen opens to breakfast area and family room with fireplace. Dining room with butler's pantry, wine room; living room with fireplace; and office. A two-sided fireplace anchors the master suite with a sitting room, balcony, spa bath, and walk-in closets. Three bedrooms, two baths, media/bonus room, and laundry room reside on the second level. An office; gym in a rotunda with cupola; deck, two bedrooms and bath comprise the top floor. 3-car garage.
Here is our 2nd Quarter Market Report. As you can see the market is still a trying market for sellers, where pricing and value are the two deciding factors.
There's something for everyone to enjoy in Greenwich, Connecticut during our summer months. The Town of Greenwich operates an 18-hole golf course, numerous tennis courts, a beautiful new pool, pristine beaches and even seasonal ferry service to Island Beach Park and Great Captains Island for residents. If that's not enough we have spacious inland and coastal parks for hiking, riding horses and mountain biking.
The summer, however, tends to be quieter in real estate. While we saw a modest improvement in market conditions in the second quarter it wasn't enough to erase the losses from the previous quarter. Home sales dropped 12% year over year in Q2. A weak NYC market, the impact of recent tax reforms and a perception that the market has more room to decline has kept some buyers patiently on the sidelines. Those that have stepped up and are making offers are getting value-driven deals done.
What catches a buyer's attention today? Strategic initial pricing plays a key role in reducing days on market and maximizing a selling price. In 2019, it's taken, on average, more than 230 days to sell a home. However, when a home is priced in a way that doesn't require a reduction to sell the average days on market falls to just 80 days. With inventory on the rise, it is more important than ever to price leaner than the competition. Condition also plays a critical role in attracting buyers today. Buyers are doing their initial home tours online and a seller can run the risk of rejection before the buyer even physically visits a home. Savvy sellers have noticed and are sprucing up their homes and often staging them to get more online clicks, showings and offers.
Among the highlights from the second quarter was a nearly 40% jump in the geography North of the Merritt Parkway. Buyers have taken notice of price declines here and stepped in to take advantage of the value propositions. Mid-Country Greenwich also experienced a nearly 8% increase in home sales last quarter. Value is proving to dictate where the buyers perform.
We are grateful to our world class agents and loyal clients who have made Houlihan Lawrence retain our leadership position in Greenwich, Connecticut for more than four and a half years. Thank you.
There are 70 Open Homes this Sunday.
| Street Name | Area | List Price | Time | Listing Office |
| 50 Laddins Rock | Old Greenwich | $3.95K | 2-4 p.m. | Raveis |
| 6 Old Mill Road | Greenwich | $8.5K | 12-3 p.m. | Raveis |
| 12 Ricki Beth Lane | Old Greenwich | $8.7K | 2:30-4:30 p.m. | BHHS |
| 2 Buxton Lane | Riverside | $10.5K | 2:30-4 p.m. | Centric |
| 190 Putnam Park | Greenwich | $378.8K | 12-2 p.m. | Raveis |
| 98 Valley Road #11 | Cos Cob | $439K | 1-3 p.m. | Houlihan Lawrence |
| 69 Putnam Park | Greenwich | $449K | 2-4 p.m. | Raveis |
| 7 River Road #309 | Cos Cob | $629K | 1-3 p.m. | Douglas Elliman |
| 50 Laddins Rock | Old Greenwich | $695K | 2-4 p.m. | Raveis |
| 19 Le Grande #15 | Greenwich | $695K | 1-3 p.m. | Houlihan Lawrence |
| 60 Valley Road #B | Cos Cob | $699K | 2-4 p.m. | Coldwell Banker |
| 456 Valley Road | Cos Cob | $699K | 1-3 p.m. | Raveis |
| 104 Greenwich Hills | Greenwich | $724K | 1-4 p.m. | Raveis |
| 70 Riverdale #1004 | Greenwich | $749K | 1-3 p.m. | Halstead |
| 10 Fairfield Avenue #A | Old Greenwich | $785K | 2-4 p.m. | e |
| 500 River Road #11 | Cos Cob | $844K | 1-3 p.m. | BHHS |
| 89 Loughlin Avenue | Cos Cob | $899K | 12-2 p.m. | Five Corners |
| 37 Barton Lane | Cos Cob | $945K | 1-3 p.m. | BHHS |
| 625 Lyon Farm | Greenwich | $975K | 1-3 p.m. | BHHS |
| 49 Indian Harbor #3 | Greenwich | $989K | 1-3 p.m. | Coldwell Banker |
| 66 Valleywood Road | Cos Cob | $1.098M | 1-3 p.m. | Halstead |
| 31 Mallard Drive | Greenwich | $1.1M | 1-3 p.m. | Sotheby's |
| 500 River Road #17 | Cos Cob | $1.125M | 2-4 p.m. | Coldwell Banker |
| 19 Field Road | Cos Cob | $1.125M | 1-3 p.m. | William Pitt Sotheby's |
| 51 Forest Avenue #95 | Old Greenwich | $1.1999M | 2-4 p.m. | Douglas Elliman |
| 15 Mansion Place | Greenwich | $1.25M | 1-3 p.m. | Coldwell Banker |
| 11 Ricki Beth Lane | Old Greenwich | $1.49.95M | 1-3 p.m. | Sotheby's |
| 1 Lia Fail Way | Cos Cob | $1.545M | 2-4 p.m. | Coldwell Banker |
| 115 Dingletown Road | Greenwich | $1.55M | 1-4 p.m. | BHHS |
| 22 Sumner Road | Greenwich | $1.574M | 1-3 p.m. | Coldwell Banker |
| 7 Lia Fail Way | Cos Cob | $1.595M | 2-4 p.m. | Houlihan Lawrence |
| 60 Lockwood Lane | Riverside | $1.695M | 2-4 p.m. | BHHS |
| 218 Valley Road | Cos Cob | $1.75M | 1-3 p.m. | BHHS |
| 12 Ricki Beth Lane | Old Greenwich | $1.799M | 2:30-4:30 p.m. | BHHS |
| 6 Sandy Lane | Greenwich | $1.895M | 2-4 p.m. | Douglas Elliman |
| 6 Old Mill Road | Greenwich | $1.95M | 12-3 p.m. | Raveis |
| 6 Old Mill Road | Greenwich | $1.95M | 12-3 p.m. | Raveis |
| 233 Milbank Avenue #3 | Greenwich | $1.995M | 1-4 p.m. | Houlihan Lawrence |
| 56 Sherwood Avenue | Greenwich | $1.995M | 12-3 p.m. | BHHS |
| 23 Woodland Drive #B | Greenwich | $1.995M | 2-4 p.m. | Coldwell Banker |
| 4 Orchard Street | Cos Cob | $2.095M | 2-4 p.m. | Miha Zajec |
| 4 Orchard Street | Cos Cob | $2.095M | 2-4 p.m. | Miha Zajec |
| 165 Lake Avenue | Greenwich | $2.15M | 2-4 p.m. | Houlihan Lawrence |
| 350 Riversville Road | Greenwich | $2.15M | 11-1 p.m. | Coldwell Banker |
| 39 North Ridge Road | Old Greenwich | $2.195M | 1-3 p.m. | Sotheby's |
| 6 Hemlock Drive | Greenwich | $2.195M | 12-2 p.m. | BHHS |
| 49 Lockwood Lane | Riverside | $2.29M | 1-3 p.m. | Houlihan Lawrence |
| 4 Brookside Park | Greenwich | $2.295M | 1-3 p.m. | Houlihan Lawrence |
| 25 Woodland Drive #C | Greenwich | $2.395M | 2-4 p.m. | Coldwell Banker |
| 900 Lake Avenue | Greenwich | $2.475M | 1-3 p.m. | Coldwell Banker |
| 82 Lockwood Road | Riverside | $2.495M | 1-3 p.m. | Coldwell Banker |
| 237 Lake Avenue | Greenwich | $2.495M | 2-4 p.m. | Sotheby's |
| 2 Buxton Lane | Riverside | $2.595M | 2:30-4 p.m. | Centric |
| 67 Maher Avenue | Greenwich | $2.895M | 12:30-2:30 p.m. | Douglas Elliman |
| 378 Taconic Road | Greenwich | $2.95M | 2-4 p.m. | Coldwell Banker |
| 282 Taconic Road | Greenwich | $2.95M | 1-3 p.m. | Coldwell Banker |
| 11 Dialstone Lane | Riverside | $2.995M | 12-2 p.m. | Five Corners |
| 7 Nawthorne Road | Old Greenwich | $2.995M | 2-4 p.m. | Sotheby's |
| 19 Andrews Road | Greenwich | $3.299M | 2-4 p.m. | William Pitt Sotheby's |
| 141 Milbank West | Greenwich | $3.399M | 1-3 p.m. | Coldwell Banker |
| 52 Ridgeview Avenue | Greenwich | $3.495M | 1-3 p.m. | BHHS |
| 141 Milbank Avenue | Greenwich | $3.499M | 1-3 p.m. | Coldwell Banker |
| 291 Stanwich Road | Greenwich | $3.7M | 1-3 p.m. | Sotheby's |
| 57 Partridge Hollow | Greenwich | $3.795M | 10-2 p.m. | Sotheby's |
| 3 Hill Road | Greenwich | $4.095M | 2-4 p.m. | Centric |
| 8 Buckthorne Lane | Greenwich | $4.15M | 1-3 p.m. | Houlihan Lawrence |
| 10 Andrews Road | Greenwich | $4.325M | 1-3 p.m. | Houlihan Lawrence |
| 105 Parsonage Road | Greenwich | $5.995M | 1-3 p.m. | BHHS |
| 141 Milbank Avenue | Greenwich | $6.9M | 1-3 p.m. | Coldwell Banker |
| 7 Bryon Road | Old Greenwich | $6.995M | 12-3 p.m. | Sotheby's |
I have paid to open the MLS to you, so feel free to search properties based on your own parameters or set up a portal to get notifications on a customized search. For readers that just follow on the Greenwich Patch I will not be posting all entries on the patch. You can read all postings at www.greenwichrealestateguy.com/blog.
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Jared Randall Join my Mailing List
Houlihan Lawrence Greenwich Search Properties
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