Sunday
Aug232020
Greenwich Real Estate Guy's Blog: August 23rd Open House List and Riverside Market Update
Jared Randall
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Pictured above is 3 Juniper Lane. This six bedroom with five full baths and one half was built in 2018 and sits on .29 of an acre in Riverside. The open house will be from 1-3 p.m. Sunday.
Wonderful new construction by well known builder. High end design and construction with custom details and finishes throughout. Six bedrooms, five baths, three fireplaces, two family rooms, and an amazing wine cellar. Super private yard near train and schools.
With our feautured property being in Riverside, I felt it would be good to tackle the Riverside Market. Here is the snapshot:
Home sales in Greenwich continue to be buoyed by those seeking safe-haven from neighboring New York City - and all that goes with city living in a global pandemic.
The geography that makes up the Riverside School district is, perhaps, the best performing sub-market in Greenwich today. Home sales here are +61.5% vs. a town-wide increase of 24.2%. Signed contracts in Riverside School district are +214% vs. a town-wide increase of 119%. Impressive. Riverside is also home to this year's largest transaction at $42M - which should and does give confidence to buyers here in all price ranges.
Let's dig a little deeper into the "South Riverside" market area:
- There are 44 homes on the market today, a 25% decline vs. last year.
- 22 homes are under contract here, an increase from just 7 a year ago.
- Median Prices are +8.7% at $2,500,000.
- Average DOM here is 210 days.
- Homes are selling at 92% or orginal asking price and 95% of last asking price.
- Average sold price per square foot is $624/psf.
- The gist: it's a good time to list your home in Riverside.
ConsumersAdvocate.org, recently published their mortgage rates guide and I thought it might be a good resource https://www.consumersadvocate.org/mortgage-rates. The guide provides a ton of helpful information such as a terminology section, a description of the different types, and even a step-by-step process from Day 1 to day done.
There are 63 Open Homes this Sunday.
| Address | Area | List Price | Time | Listing Office |
| 13 Riversid Lane | Riverside | $5K | 1-3 p.m. | Houlihan Lawrence |
| 56 Summit Road | Riverside | $5.65K | 2-4 p.m. | Sotheby's |
| 93 Parsonage Road | Greenwich | $10K | 2-4 p.m. | Douglas Elliman |
| 73 Bowman Drive | Greenwich | $11.5K | 1-4 p.m. | Raveis |
| 40 Elm Street #6D | Greenwich | $13.5K | 1-3 p.m. | Sotheby's |
| 27 Evergreen Road | Greenwich | $35K | 2-4 p.m. | BHHS |
| 1465 E Putnam #111 | Old Greenwich | $398K | 2-4 p.m. | Coldwell Banker |
| 75 Cos Cob Avenue #2 | Cos Cob | $559K | 11-1 p.m. | Coldwell Banker |
| 89 Putnam Park | Greenwich | $565K | 2-4 p.m. | Houlihan Lawrence |
| 169 Mason Street #4A | Greenwich | $599K | 12-2 p.m. | Raveis |
| 128 Putnam Park | Greenwich | $688K | 2-4 p.m. | Sotheby's |
| 55 Locust Street | Greenwich | $709K | 1-3 p.m. | Sotheby's |
| 24 Homestead Road | Greenwich | $799K | 1-4 p.m. | Raveis |
| 69 Riverdale #104 | Greenwich | $859K | 11-1 p.m. | Coldwell Banker |
| 51 Forest Avenue #63 | Old Greenwich | $875K | 2-4 p.m. | Raveis |
| 5 Relay Court | Cos Cob | $955K | 1-4 p.m. | Halstead |
| 149 Lake Avenue | Greenwich | $975K | 1-3 p.m. | Keller Williams |
| 18 Leonard Avenue | Riverside | $1.07M | 1-3 p.m. | Sotheby's |
| 13 Riverside Avenue | Riverside | $1.1495M | 1-3 p.m. | Houlihan Lawrence |
| 63 Lancer Road | Riverside | $1.275M | 2-4 p.m. | Coldwell Banker |
| 48 Hillside Road | Greenwich | $1.299M | 1-3 p.m. | BHHS |
| 63 North Ridge Road | Old Greenwich | $1.495M | 1-3 p.m. | Sotheby's |
| 33 Edgewater Drive | Old Greenwich | $1.495M | 1-3 p.m. | BHHS |
| 1031 North Street | Greenwich | $155M | 11-1 p.m. | Keller Williams |
| 1 Fairfield Avenue #A | Old Greenwich | $1.595M | 1-3 p.m. | Raveis |
| 20 Harkim Road | Greenwich | $1.75M | 1-4 p.m. | Sotheby's |
| 13 Edgewater Drive | Old Greenwich | $1.895M | 1-3 p.m. | Sotheby's |
| 64 Park Avenue #S | Old Greenwich | $1.975M | 1-3 p.m. | Coldwell Banker |
| 84 Burning Tree | Greenwich | $1.975M | 1-3 p.m. | Houlihan Lawrence |
| 73 Bowman Drive | Greenwich | $1.995M | 1-4 p.m. | Raveis |
| 77 Taconic Road | Greenwich | $1.995M | 2-4 p.m. | BHHS |
| 73 Orchard Place | Greenwich | $1.999M | 12-2 p.m. | Raveis |
| 21 Harkim Road | Greenwich | $2.125M | 2-4 p.m. | Houlihan Lawrence |
| 23 Oak Street | Greenwich | $2.199M | 1-3 p.m. | Coldwell Banker |
| 15 Serenity Lane | Cos Cob | $2.2M | 12-3 p.m. | Raveis |
| 480 Cognewaugh Road | Cos Cob | $2.25M | 1-3 p.m. | Coldwell Banker |
| 11 Circle Drive | Greenwich | $2.25M | 12-3 p.m. | Raveis |
| 1 Spring Road | Greenwich | $2.595M | 2-4 p.m. | Sotheby's |
| 160 Bedford Road | Greenwich | $2.6M | 1-3 p.m. | Coldwell Banker |
| 27 Linwood Avenue | Riverside | $2.65M | 1-3 p.m. | Sotheby's |
| 15 Dearfield Lane | Greenwich | $2.795M | 1-4 p.m. | BHHS |
| 37 North Ridge Road | Old Greenwich | $2.795M | 2-4 p.m. | Houlihan Lawrence |
| 67 Lockwood Road | Riverside | $2.875M | 2-4 p.m. | Houlihan Lawrence |
| 487 Lake Avenue | Greenwich | $2.9M | 1-3 p.m. | Sotheby's |
| 3 Juniper Lane | Riverside | $2.995M | 1-3 p.m. | Houlihan Lawrence |
| 123 Maple Avenue | Greenwich | $2.995M | 2-4 p.m. | Houlihan Lawrence |
| 4 Sound View Terrace | Greenwich | $3M | 1-3 p.m. | BHHS |
| 4 Knollwood Drive E | Greenwich | $3.195M | 1-3 p.m. | Halstead |
| 40 W Elm Street #6D | Greenwich | $3.25M | 1-3 p.m. | Sotheby's |
| 233 Overlook Drive | Greenwich | $3.25M | 1-3 p.m. | BHHS |
| 51 Doubling Road | Greenwich | $3.295M | 1-3 p.m. | Houlihan Lawrence |
| 125 Field Point Road #1A | Greenwich | $3.35M | 1-3 p.m. | Coldwell Banker |
| 125 Field Point Road #B1 | Greenwich | $3.35M | 1-3 p.m. | Coldwell Banker |
| 125 Field Point Road #B2 | Greenwich | $3.35M | 1-3 p.m. | Coldwell Banker |
| 7 Hearthstone Drive | Riverside | $3.895M | 1-3 p.m. | Sotheby's |
| 59 Connecticut Avenue | Greenwich | $3.9M | 2-4 p.m. | Coldwell Banker |
| 282 Round Hill Road | Greenwich | $3.95M | 1-3 p.m. | Sotheby's |
| 5 N Crossway | Old Greenwich | $4.695M | 2-4 p.m. | Halstead |
| 27 Evergreen Road | Greenwich | $4.849M | 2-4 p.m. | BHHS |
| 54 Rock Maple Road | Greenwich | $5.25M | 1-3 p.m. | Centric |
| 179 N Maple Avenue | Greenwich | $5.75M | 12-3 p.m. | TREC |
| 179 N Maple Avenue | Greenwich | $5.75M | 12-3 p.m. | TREC |
| 22 Angus Lane | Greenwich | $6.25M | 12-3 p.m. | Douglas Elliman |
If you're still on the fence about which mortgage lender to choose, check out this helpful guide from Money Magazine: https://money.com/best-mortgage-lenders/.
Whether you want to compare brands, take a look at market projections, or see how COVID-19 has affected the current market, they analyzed all of the key aspects of choosing a mortgage lender so that you can pick the best one for your specific needs.
Whether you want to compare brands, take a look at market projections, or see how COVID-19 has affected the current market, they analyzed all of the key aspects of choosing a mortgage lender so that you can pick the best one for your specific needs.
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.
If easier, please subscribe here to receive each post. Please do not hesitate to email (jrandall@houlihanlawrence.com) or call (203-273-1034) if I can assist in any way.
Best,
Jared Randall Join my Mailing List
Houlihan Lawrence Greenwich Search Properties
cell: 203-273-1034 View My Website
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