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Pictured above is 16 Benjamin Street in the heart of Old Greenwich, close to train, stores, beach, and restaurants. This home has six bedrooms, six full baths, with two half baths. It is listed at 7,253 square feet. The home was built in 2006 and sits on .37 of an acre. The open house is from 1-3 p.m. on Sunday.
This is the home you have been looking for in the coveted village of Old Greenwich close distance to the train, schools, parks, clubs and beach. The chic sun-filled modern interiors with open layout for today's living has just completed renovations including a fabulous 2021 kitchen by PTK Interiors with quartzite counter tops, oversized island, Wolf/Sub-Zero/Miele appliances and Waterworks hardware. Four levels of living, include open bright entrance halls, six bedrooms, multiple home offices, living room and double height Great Room. True master suite also with vaulted ceilings, balcony and updated radiant heated bath. Huge walkout lower level offers playroom, au-pair suite, gym/bonus room with fireplace.
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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