About Me

 

Jared G Randall

Redfin

SENIOR AGENT

Greenwich, CT 06830

Cell:    203-273-1034

email: jared.randall@redfin.com

 

 

Sunday
Mar282021

Greenwich Real Estate Guy's Blog: March 21st Open House List 

The Greenwich Real Estate Guy's Blog: March 21 Open House List
A weekly analysis brought to you by Greenwich Real Estate Guy.

 

Pictured above is 9 Tinker LaneThe home is listed as 6,789 s.f. It holds six bedrooms with five full baths and one half bath. The property is 2 acres in a two acre zone. The price is $3.45M and the open house is from 1-3 p.m.
Reimagined with renewable resources and state of the art comfort systems, a six-bedroom Colonial home located on two cul-de-sac acres. Wonderful flow featuring a step-down living room, elegant dining room, lovely home office and family room which opens to an updated gourmet eat-in kitchen. Exciting master suite upstairs with modern sitting room, linear fireplace, private balcony, custom designed dressing room and spa-like marble bathroom. Bamboo floors, a light-filled homework/study area and laundry room on spacious second floor. Two expansive terraces and a 2000+ square foot lower level game room and gym with stone patio for carefree entertaining. Classic Walpole fencing surrounds rolling green lawns, flowering trees and a heated swimming pool in the backyard!
The question I get asked most often is how is the market. Here is a little snapshot of the preliminary numbers as of February with a note from my Broker:
Home sales nearly doubled in February 2021 vs. the same month a year ago but sales declined modestly from January 2021. I suspect the 10% decline in sales from January to February was due more to the lack of inventory than a tapping of the brakes by buyers here. Based on the number of pricings I was aware of this and last week and activity at new listings it feels like the buyers remain ready to pounce. 
There are 277 homes for sale in Greenwich, CT today, down from 513 a year ago - see attached Houlihan Lawrence Market Overview report. And while homes are selling with shorter DOM and closer to asking price, we are still seeing that price reductions and smart initial​ pricing play a major role in attracting offers.
Our brokerage market share data remain so impressive - both in terms of PENDING and CLOSED deals this year - see attached. Thank you! Your perseverance and laser focus on winning listings and delivering success to your clients continues Houlihan Lawrence's role as the most trusted real estate brand in Greenwich.
With the lack of inventory and the buyer demand increasing I believe these numbers will continue to increase. Remember that the first four months of last year the world came to a standstill so just about all of the increase has happened in last 6-8 months. The difficulty of writing a blog is how to give customized data for over 500 readers. That being said if you would like specific or customized data to your location or specific house please do not hesitate to email or call.
                    
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.
I have paid to allow clients to open up portals to see all listings as they come on the market real time 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.  
Feel free to 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 
www.greenwichrealestateguy.com          
cell: 203-273-1034                      View My Website 
    

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