Pictured above is 21 Hedgerow Lane. This home has five bedrooms, five full baths, with one half baths. It is listed at 5,106 square feet. The home sits on 2 acres in a two acre zone. The open house is from 1-4 p.m. on Sunday.
Wonderful entertaining terraces and striking in-ground pool w/spa enhance this immaculately well-maintained 5-bedroom home set on 2 acres at the end of a cul-de-sac in the Old Mill Association. This home boasts well-scaled rooms, large light-filled windows that frame picturesque views. First floor boasts a center hall entry with views to the backyard; wood paneled family room with fireplace, multiple outdoor accesses; spacious granite-clad eat-in kitchen with desk and luminous doors to stone terrace; living room with fireplace, dining room and powder room. Second floor reveals master suite with balcony overlooking verdant yard, his/her baths and closets; 3 bedrooms en-suite and 1 shared bath, playroom/office/gym. Attached 3-car garage, large unfinished basement, Tesla/EV charger.
While April 2020 was the first entire month in the - new at the time - COVID-19 grip the sales data from it don't necessarily capture pandemic buying patterns as it was simply too soon for closings to happen, in most cases.
May 2021 is officially in the rearview mirror and while we let the numbers settle on the MLS I thought I’d get out some preliminary sales data for Greater Greenwich Single Family home sales:
- 86 homes closed in Greater Greenwich in May 2021, a 56% increase over May 2020.
- The average selling price in May 2021 was $3,332,765, a 46% increase over last year.
- The median selling price in May 2021 was $2,387,500, a 25% increase over last year.
- Average sold price per square foot was $646, a 30% increase over May 2020.
- Total dollar volume in May 2021 was $286,617,850, a 129% increase.
- Average DOM fell 36% to 166 days.
- See attached Market Overview report for 2021 YTD data – which continues to show a strong demand marketplace.
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Jared Randall
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