About Me

 

Jared G Randall

Redfin

SENIOR AGENT

Greenwich, CT 06830

Cell:    203-273-1034

email: jared.randall@redfin.com

 

 

Wednesday
Aug122020

Greenwich Real Estate Guy'sBlog: August 9th Open House List and Market Update

The Greenwich Real EstateGuy's Blog: August 9th 
 
Open House List and Market Update
A weekly analysis brought to you by Greenwich Real Estate Guy.
 

 

 

Pictured above is 344 Shore Road.  This beautiful home has five bedrooms, five full baths, and one half bath.  It is listed at 7,751 s.f. at sits on .75 of an acre.  The open house is Sunday from 3-5 p.m.

Masterful design meets modern luxury in this waterfront new construction. Close proximity to downtown Greenwich, restaurants & shops- boat to your private dock. Once inside serene 5BR, 6.5 bath you will enjoy the immense sunlight pouring through glass railings throughout. Large master suite is an oasis w/private entrance & 2 custom walk in closets. The master bath is luxurious w/ high-end finishes, beautiful marble, stunning glass tiles & dreamy custom cabinets. The kitchen boasts top of the line appliances & latest technology. Enjoy the lower level w/ movie theatre, gym & a unique lighted 500+ bottle wine room. Step out from the lower level 2nd family room to a handsome saltwater pool. Outdoor entertaining is fabulous w/rambling, multi-level deck. An oasis for zen living!




As you can see by looking at the market overview.  Our market is continues to heat up.  Pending sales are up 116.1% over last year at this time.  Sold properties are up 15.3% while inventory is down 14.9% over last year.

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 52 Open Homes this Sunday.  
Address Area List Price Open House Date Listing Office
5 Windy Knolls Greenwich $4.5K 12-2 p.m. Coldwell Banker
11 River Road #112 Cos Cob $4.6K 2:30-5 p.m. Compass
179 N Maple Ave Greenwich $45K 12-3 p.m. TREC
1465 E Putnam #111 Old Greenwich $398K 2-4 p.m. Coldwell Banker
53 Bible Street #4 Cos Cob $649K 12:30-2:30 p.m. Douglas Elliman
525 Lyon Farm Greenwich $825K 1-3 p.m. BHHS
607 Lyon Farm Greenwich $865K 12-2 p.m. Coldwell Banker
5 Windy Knolls Greenwich $975K 12-2 p.m. Coldwell Banker
63 Lancer Road Riverside $1.275M 2-4 p.m. Coldwell Banker
76 Milbank Avenue Greenwich $1.295M 2-4 p.m. Davenport
125 Hamilton Ave #1 Greenwich $1.325M 11-1 p.m. Houlihan Lawrence
125 Hamilton Ave #2 Greenwich $1.325M 11-1 p.m. Houlihan Lawrence
51 Forest Ave #2 Old Greenwich $1.325M 2-4 p.m. Halstead
2 Sound View Terr Greenwich $1.395M 1-3 p.m. Edwards 
1031 North Street Greenwich $1.55M 1-3 p.m. Keller Williams
1 Fairfield Avenue Old Greenwich $1.595M 1-3 p.m. Raveis
37 Fairway Lane Greenwich $1.625M 2-4 p.m. Sotheby's
47 Glen Road Greenwich $1.695M 1-3 p.m. Houlihan Lawrence
209 Palmer Hill Road Old Greenwich $1.769M 1-3 p.m. Houlihan Lawrence
5 Holman Lane Old Greenwich $1.795M 12-2 p.m. BHHS
20 Harkim Road Greenwich $1.85M 2-4 p.m. Sotheby's
13 Old Club House  Old Greenwich $1.975M 2-4 p.m. Houlihan Lawrence
84 Burning Tree Greenwich $1.975M 2-4 p.m. Houlihan Lawrence
73 Bowman Drive Greenwich $1.995M 1-3 p.m. Raveis
73 Orchard Place # A Greenwich $2.075M 12-2 p.m. Raveis
22 Wildwood Drive Greenwich $2.149M 1-3 p.m. Compass
73 Orchard Place #B Greenwich $2.195M 12-2 p.m. Raveis
23 Oak Street Greenwich $2.199M 1-3 p.m. Coldwell Banker
18 Circle Drive Greenwich $2.25M 1-3 p.m. Coldwell Banker
5 Idar Court #B Greenwich $2.395M 1-3 p.m. Coldwell Banker
1 Spring Road Greenwich $2.595M 2-4 p.m. Sotheby's
27 Linwood Avenue Riverside $2.65M 1-3 p.m. Sotheby's
282 Taconic Road Greenwich $2.675M 12-2 p.m. Coldwell Banker
29 Weston Hill Road Riverside $2.7M 2:30-4:30 p.m. Sotheby's
15 Dearfield Lane Greenwich $2.795M 2-4 p.m. BHHS
4 Sound View Terr Greenwich $3M 1-3 p.m. BHHS
4 Buxton Lane Riverside $3.25M 1-3 p.m. BHHS
181 Milbank Ave #E Greenwich $3.25M 11-1 p.m. Houlihan Lawrence
123 Valley Road Greenwich $3.295M 2-4 p.m. Compass
125 Field Point #1A Greenwich $3.35M 1-3 p.m. Coldwell Banker
125 Field Point #B1 Greenwich $3.35M 1-3 p.m. Coldwell Banker
125 Field Point #B2 Greenwich $3.35M 1-3 p.m. Coldwell Banker
27 BaysideTerr #A Riverside $3.395M 1-3 p.m. Sotheby's
73 Orchard Place Greenwich $4.345M 12-2 p.m. Raveis
27 Cobb Island Greenwich $4.475M 2-4 p.m. Sotheby's
27 Evergreen Road Greenwich $4.849M 2-5 p.m. BHHS
105 Parsonage Road Greenwich $5M 1-3 p.m. BHHS
252 Milbank Avenue Greenwich $5.2M 2-4 p.m. BHHS
179 N Maple Avenue Greenwich $5.75M 12-3 p.m. TREC
179 N Maple Avenue Greenwich $5.995M 12-3 p.m. TREC
22 Angus Lane Greenwich $6.25M 12-2 p.m. Douglas Elliman
344 Shore Road Greenwich $8.45M 3-5 p.m. Houlihan Lawrence
66 Cherry Valley  Greenwich $10.888M 4-6 p.m. The Higgins Group
                                      
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 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 

 

 

Wednesday
Aug122020

Greenwich Real Estate Guy'sBlog: July 26th Open House List and Market Update

The Greenwich Real EstateGuy's Blog: July 26th 
 
Open House List and Market Update
A weekly analysis brought to you by Greenwich Real Estate Guy.

 

 

Pictured above is my new listing located at 25 W Elm Street #65.  This immaculate condo with a gorgeous view of the sound has two bedrooms with one full bath and one half bath.  

Amazing Downtown, Sound, and Long Island views enhance this elegant three exposure 2 BR corner Penthouse with balcony located in the heart of downtown Greenwich. A Christopher Peacock kitchen; chic DR with coffered ceiling and wainscoting opens into a spacious LR with fireplace and spectacular oversized picture window framing far-reaching vistas.  MBR offers views, built-ins, and dressing room.  This sundrenched unit features a 2nd BR/Office, 1 ½ baths and laundry. Included is a coveted indoor parking spot, storage unit, and its own HVAC system - all just steps from shopping, dining and trains. Enjoy the newly renovated lobby and the convenience of a full service-doorman building. Leave your cares behind and live the life in this unique and special jewelry box Penthouse! 


As you can see by looking at the market overview.  Our market is continues to heat up.  Pending sales are up 116.1% over last year at this time.  Sold properties are up 15.3% while inventory is down 14.9% over last year.
There are 62 Open Homes this Sunday.  
Address Area List Price Open House Date Listing Office
13 Riverside Lane Riverside $5K 1-3 p.m. Houlihan Lawrence
169 Mason Street # 4A Greenwich $599K 1-3 p.m. Raveis
3 Walnut Street Cos Cob $1.05M 12-3 p.m. Lasko
18 Leonard Avenue Riverside $1.07M 1-3 p.m. Sotheby's
3 Halock Drive Greenwich $1.075M 1-3 p.m. Houlihan Lawrence
13 Riverside Lane Riverside $1.1495M 1-3 p.m. Houlihan Lawrence
50 Church Street #7 Greenwich $1.169M 12-2 p.m. Houlihan Lawrence
60 Hillcrest Park Old Greenwich $1.99M 11-1 p.m. Coldwell Banker
51 Forest Avenue #2 Old Greenwich $1.395M 2-4 p.m. Miha Zajec
19 Overlook Drive Greenwich $1.495M 2-4 p.m. Houlihan Lawrence
1 Fairfield Avenue Old Greenwich $1.595M 1-3 p.m. Raveis
37 Fairway Lane Greenwich $1.625M 1-3 p.m. Sotheby's
35 Leonard Avenue Riverside $1.724M 1-3 p.m. Coldwell Banker
209 Palmer Hill Road Old Greenwich $1.769M 2-4 p.m. Houlihan Lawrence
20 Shore Road Old Greenwich $1.849M 1-3 p.m. BHHS
5 Holman Lane Old Greenwich $1.85M 1-3 p.m. BHHS
73 Cat Rock Road Cos Cob $1.865M 12-2 p.m. Compass
36 Cassidy Park Greenwich $1.899M 1-3 p.m. Nest Seekers
38 Cassidy Park Greenwich $1.899M 1-3 p.m. Nest Seekers
13 Davenport Avenue Greenwich $1.95M 1-3 p.m. Sotheby's
84 Burning Tree Road Greenwich $1.975M 1-3 p.m. Houlihan Lawrence
20 Harkim Road Greenwich $1.995M 1-3 p.m. Sotheby's
15 Widgeon Way Greenwich $1.995M 1-3 p.m. Sotheby's
73 Orchard Place #A Greenwich $2.075M 1-3 p.m. Raveis
73 Bowman Drive Greenwich $2.1499M 1-4 p.m. Raveis
73 Orchard Place #B Greenwich $2.195M 1-3 p.m. Raveis
21 Harkim Road Greenwich $2.25M 3:15-5:15 p.m. Houlihan Lawrence
11 Circle Drive Greenwich $2.25M 12-3 p.m. Raveis
18 Circle Drive Greenwich $2.25M 1-3 p.m. Coldwell Banker
17 Edgewood Drive Greenwich $2.295M 2-4 p.m. Coldwell Banker
45 Overlook Drive Greenwich $2.295M 11-1 p.m. Houlihan Lawrence
350 Riversville Road Greenwich $2.325M 1-3 p.m. Sotheby's
24 Maher Avenue Greenwich $2.495M 1-3 p.m. Sotheby's
18 Cat Rock Road Cos Cob $2.495M 1-3 p.m. BHHS
26 Jeffrey Road Greenwich $2.495M 12-2 p.m. Coldwell Banker
60 Hillcrest Park Old Greenwich $2.499M 11-1 p.m. Coldwell Banker
1 Spring Road Greenwich $2.595M 3-5 p.m. Sotheby's
487 Lake Avenue Greenwich $2.9M 1-3 p.m. Sotheby's
487 Lake Avenue Greenwich $2.9M 1-3 p.m. Sotheby's
15 Dearfield Lane Greenwich $2.995M 1-3 p.m. BHHS
87 Perkins Road Greenwich $2.995M 1:30-3:30 p.m. Coldwell Banker
60 Hillcrest Park  Old Greenwich $2.999M 11-1 p.m. Coldwell Banker
17 Davenport Avenue Greenwich $3.25M 2-4 p.m. Houlihan Lawrence
123 Valley Drive Greenwich $3.295M 1:30-3:30 p.m. Compass
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
172 Milbank Avenue #E Greenwich $3.495M 12-2:15 p.m. Coldwell Banker
16 Binney Lane Old Greenwich $3.575M 1-3 p.m. Houlihan Lawrence
36 & 38 Cassidy Park Greenwich $3.798M 1-3 p.m. Nest Seekers
59 Connecticut Avenue Greenwich $3.9M 2:30-4:30 p.m. Coldwell Banker
85 Zaccheus Mead Greenwich $3.95M 1-3 p.m. Sotheby's
291 Round Hill Road Greenwich $3.95M 2-4 p.m. BHHS
126 Butternut Hollow Road Greenwich $3.995M 2-3:30 p.m. Prevu
73 Orchard Place Greenwich $4.345M 1-3 p.m. Raveis
29 Glen Avon Riverside $4.495M 2-4 p.m. Halstead
27 Evergreen Road Greenwich $4.849M 3:15-5:15 p.m. BHHS
105 Parsonage Road Greenwich $5M 1-3 p.m. BHHS
179 Maple Avenue Greenwich $5.75M 11-1:30 p.m. Trec
500 Lake Avenue Greenwich $6.79M 1-3 p.m. Sotheby's
18 Lower Cross Road Greenwich $7.945M 1-3 p.m. BHHS
66 Cherry Valley Road Greenwich $10.88M 1-3 p.m. Higgins Group
                                      
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 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 
       
  

 

 

 

Wednesday
Aug122020

Greenwich Real Estate Guy'sBlog: July 19th Open House List and Market Update

The Greenwich Real Estate Guy's Blog: July 19th  
 Open House List and Market Update
A weekly analysis brought to you by Greenwich Real Estate Guy. 

 

 

Pictured above is 498 Lake Avenue . The house is listed at 10,193 sf has seven bedrooms with seven full bathrooms, two half baths and sits on 4.18 acres. The open house is from 1-3 pm on Sunday and is priced at $ 3.895M.


Impeccable seven-bedroom stone / shingle home, newly built and meticulously constructed in 2020 by Kaali-Nagy, graces four maturely landscaped acres with pool site. Ideal spot to shelter in place with lots of space to roam yet close to top-ranked schools, first-rate medical facilities offering top-quality care and major highways. Be the first to live in this luxurious, well-scaled home perfect for comfortable living and entertaining. Affords gated, approved access only to a protected lane and natural wildlife sanctuary. One of only two remaining homes in this private three-home enclave set on 11 total, park-like acres featuring expansive properties in two-acre zones. Don't miss this rare opportunity to buy at an amazing, competitive price with no future projects planned. 



As you can see by looking at the market overview. Our market is really heating up. Our pendings are up 93.6% over last year. 
There are 51 Open Homes this Sunday.
Address Area List Price Time Listing Office
3 Bolling Place Greenwich $ 4.5K 12-2 pm Raveis
558 Lake Avenue Greenwich $ 24K 1-3 pm Houlihan Lawrence
1465 E Putnam Ave # 520 Old Greenwich $ 482.5K 1-3 pm Marr and Caruso
98 Valley Road # 4 Cos Cob $ 579K 1-3 pm Coldwell Banker
169 Mason Street # 4A Greenwich $ 599K 11-1 pm Raveis
270 Water Street Greenwich $ 725K 1-3 pm Raveis
3 Bolling Place Greenwich $ 799K 12-2 pm Raveis
29 Sundance Drive Cos Cob $ 1.099M 1-4 pm Houlihan Lawrence
31 Scott Lane Greenwich $ 1.125M 12-2 pm Coldwell Banker
16 Heronvue Road Greenwich $ 1.175M 1-4 pm New England Land
60 Hillcrest Park Old Greenwich $ 1.199M 12-2 pm Coldwell Banker
63 Lancer Road Riverside $ 1.295M 2-4 pm Coldwell Banker
36 Sundance Drive Cos Cob $ 1.35M 1-3 pm Houlihan Lawrence
124 Dingletown Road Greenwich $ 1.35M 1-3 pm BHHS
142 Old Mill Road Greenwich $ 1.375M 1-3 pm Nest Seekers
2 Sound View Terrace Greenwich $ 1.395M 1-4 pm Edwards and Associates
51 Forest Avenue # 2 Old Greenwich $ 1.395M 1: 30-4: 30 pm Miha Zajec
53 Cognewaugh Road Cos Cob $ 1.45M 2-4 pm BHHS
33 Edgewater Drive Old Greenwich $ 1.495M 1-4 pm BHHS
1 Fairfield Avenue Old Greenwich $ 1.595M 1-3 pm Raveis
37 Fairway Lane Greenwich $ 1.625M 1-3 pm Sotheby's
1031 North Street Greenwich $ 1.65M 1-3 pm Keller Williams
35 Leonard Avenue Riverside $ 1.749M 1-3 pm Coldwell Banker
200 Palmer Hill Road Old Greenwich $ 1.75M 1-3 pm Houlihan Lawrence
1 Idar Court #B Greenwich $ 1.85M 2-4 pm Houlihan Lawrence
22 Brown House Road Old Greenwich $ 1.895M 1-3 pm BHHS
36 Cassidy Park # 36 Greenwich $ 1.899M 1-3 pm Nest Seekers
38 Cassidy Park # 38 Greenwich $ 1.899M 1-3 pm Nest Seekers
20 Harkim Road Greenwich $ 1.995M 1-4 pm Sotheby's
73 Orchard Place #A Greenwich $ 2,075M 1-3 pm Raveis
73 Bowman Drive Greenwich $ 2.149M 1-3 pm Raveis
73 Orchard Place #B Greenwich $ 2.195M 1-3 pm Raveis
21 Harkim Road Greenwich $ 2.25M 1-3 pm Houlihan Lawrence
18 Circle Drive Greenwich $ 2.25M 1-3 pm Coldwell Banker
100 Cat Rock Road Cos Cob $ 2.275M 1-3 pm Houlihan Lawrence
149 Weaver Street Greenwich $ 2.35M 1-3 pm BHHS
11 Hettiefred Road Greenwich $ 2.375M 1-3 pm Anderson Associates
237 Lake Avenue Greenwich $ 2.399M 11-1 pm Compass
24 Maher Avenue Greenwich $ 2.495M 1-3 pm Sotheby's
18 Cat Rock Road Cos Cob $ 2.495M 1-3 pm BHHS
107 Overlook Drive Greenwich $ 2.895M 2-4 pm Allyn Park
94 Dingletown Road Greenwich $ 2.95M 12-2 pm Houlihan Lawrence
3 Juniper Lane Riverside $ 2.995M 2-4 pm Houlihan Lawrence
87 Perkins Road Greenwich $ 2.995M 1: 30-3: 30 pm Coldwell Banker
60 Hillcrest Park Old Greenwich $ 2.999M 12-2 pm Coldwell Banker
28 Oak Street Greenwich $ 3.088M 12-2 pm BHHS
17 Davenport Avenue Greenwich $ 3.25M 11-1 pm Houlihan Lawrence
123 Valley Drive Greenwich $ 3.295M 1-4 pm Compass
172 Milbank Avenue #E Greenwich $ 3.495M 3-5 pm Coldwell Banker
16 Binney Lane Old Greenwich $ 3.575M 2-4 pm Houlihan Lawrence
15 Shoal Point Lane Riverside $ 3.79M 12-2 pm Houlihan Lawrence
36 & 38 Cassidy Park Greenwich $ 3.798M 12: 30-3 pm Nest Seekers
62 Sherwood Avenue Greenwich $ 3.895M 2-4 pm Houlihan Lawrence
59 Connecticut Avenue Greenwich $ 3.9M 12-2: 30 pm Coldwell Banker
73 Orchard Place Greenwich $ .345M 1-3 pm Raveis
27 Evergreen Road Greenwich $ 4.849M 2: 30-4: 30 pm BHHS
54 Rock Maple Road Greenwich $ 5.25M 12: 30-2: 30 pm Centric
558 Lake Avenue Greenwich $ 5.295M 1-3 pm Houlihan Lawrence
139 North Street Greenwich $ 6.595M 1-3 pm Red Canoe
500 Lake Avenue Greenwich $ 6.79M 1-3 pm Sotheby's
498 Lake Avenue Greenwich $ 6.995M 1-3 pm Houlihan Lawrence
66 Cherry Valley Greenwich $ 10.888M 1-4 pm Higgins Group
                                      
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 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

 

 

 

Wednesday
Aug122020

Greenwich Real Estate Guy'sBlog: July 12th Open House List and Market Update

The Greenwich Real EstateGuy's Blog: July 12th 
 
Open House List and Market Update
A weekly analysis brought to you by Greenwich Real Estate Guy.

 

 

Pictured above is 11 Turner Drive.  The house is listed at 9,185  s.f. has six bedrooms with six full bathrooms, two half baths and sits on 1.04 acres.  The open house is from 2-4 p.m. on Sunday and is priced at $3.895M.


*Open House on 7/12/20 from 2-4pm, BY APPOINTMENT ONLY! Please call ahead 203-912-5644 to schedule.* Barbara Wells exclusively presents this sensational new six bedroom home that presides over beautifully landscaped, level 1+ acres with pool, spa, terrace and fire pit in the private Calhoun Drive Association. Thoughtful design consideration and meticulous attention to detail are the hallmarks of the award winning builder and architectural firm. Built using optimal sunlight and understanding the importance of indoor/outdoor experiences and smart use of space, this home provides modern delights; chef's kitchen with adjacent family room, lofty ceilings, optimal storage solutions, smart home technology and high-efficiency systems. Features: Dramatic double height entry hall with handsome steel railing staircase, master suite sanctuary, 5 additional en-suite bedrooms, playroom, exercise room, media room and 3-4 car garage. For the buyer who demands only the best!



As you can see by looking at the market overview.  Our market is really heating up.  Our pendings are up 93.6% over last year.
There are 51 Open Homes this Sunday.  
Street Address Area List Price Time Listing Office
169 Mason Street #4A Greenwich $619.9K 1-3 p.m. Raveis
104 Putnam Park  Greenwich $659K 1-3 p.m. Raveis
45 Ettl Lane #206 Greenwich $699K 1:30-3:30 p.m. Sotheby's
33 W Putnam Avenue #2G Greenwich $765K 10-12 p.m. Higgins Group
15 River Road 212 Cos Cob $799K 2-4 p.m. Sotheby's
60 Prospect Street  Greenwich $890K 1-4 p.m. Sotheby's
18 Leonard Avenue  Riverside $1.07M 1-3 p.m. Sotheby's
16 Heronvue Road  Greenwich $1.175M 12-3 p.m. New England Land
50 Church Street #7 Greenwich $1.195M 1-3 p.m. Houlihan Lawrence
9 Comly Avenue  Greenwich $1.25M 2-4 p.m. Coldwell Banker
63 Lancer Road  Riverside $1.295M 2-4 p.m. Coldwell Banker
38 Oval Avenue  Riverside $1.295M 2-4 p.m. BHHS
12 Osee  Place  Cos Cob $1.395M 1-3 p.m. BHHS
7 Steep Hollow  Cos Cob $1.395M 1-3 p.m. Houlihan Lawrence
1 Fairfield Avenue  Old Greenwich $1.595M 1-3 p.m. Raveis
120 Hillcrest Park  Cos Cob $1.595M 12-2 p.m. Houlihan Lawrence
26 Bayside Terrace  Riverside $1.69M 3-5 p.m. Coldwell Banker
37 Fairway Lane  Greenwich $1.695M 1-4 p.m. Sotheby's
47 Lexington Avenue  Greenwich $1.795M 1-3 p.m. Coldwell Banker
208 Bedford Road  Greenwich $1.85M 12-3 p.m. Halstead
73 Cat Rock Road  Cos Cob $1.865M 12-2 p.m. Compass
36 Cassidy Park #36 Greenwich $1.899M 1-3 p.m. Nest Seekers
38 Cassidy Park #38 Greenwich $1.899M 1-3 p.m. Nest Seekers
77 Park Avenue  Greenwich $1.995M 1-3 p.m. Sotheby's
15 Old Orchard Road  Riverside $2.099M 12-2 p.m. Houlihan Lawrence
73 Bowman Drive  Greenwich $2.1499M 1-4 p.m. Raveis
73 Orchard Place #A Greenwich $2.15M 1-3 p.m. Raveis
73 Orchard Place #B Greenwich $2.195M 1-3 p.m. Raveis
11 Circle Drive  Greenwich $2.25M 12-3 p.m. Raveis
18 Circle Drive  Greenwich $2.25M 12-2 p.m. Coldwell Banker
19 Grant Avenue  Old Greenwich $2.25M 12-2 p.m. Douglas Elliman
24 Nutmeg Drive  Greenwich $2.399M 1-3 p.m. Coldwell Banker
26 Jeffrey Road  Greenwich $2.495M 2-4 p.m. Coldwell Banker
150 Riverside Avenue  Riverside $2.65M 2-4 p.m. Houlihan Lawrence
21 Tomney Road  Greenwich $2.695M 1-3 p.m. BHHS
7 Brook Drive  Greenwich $2.75M 1-3 p.m. Sotheby's
85 Perkins Road  Greenwich $2.795M 1-3 p.m. BHHS
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
14 Lockwood Avenue  Old Greenwich $3.35M 1-3 p.m. Coldwell Banker
4 Buxton Lane  Riverside $3.35M 1-3 p.m. BHHS
172 Milbank Avenue #E Greenwich $3.495M 1-3 p.m. Coldwell Banker
36&38 Cassidy Park  Greenwich $3.798M 1-3 p.m. Nest Seekers
85 Zaccheus Mead  Greenwich $3.95M 12-2 p.m. Sotheby's
59 Connecticut Avenue  Greenwich $4.2M 12-2:30 p.m. Coldwell Banker
73 Orchard Place  Greenwich $4.345M 1-3 p.m. Raveis
27 Evergreen Road  Greenwich $4.995M 2-4 p.m. BHHS
105  Parsonage Road  Greenwich $5M 1-3 p.m. BHHS
54 Rock Maple Road  Greenwich $5.25M 2-4 p.m. Centric
11 Turner Drive  Greenwich $5.999M 2-4 p.m. Houlihan Lawrence
                                      
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 

 

 

Tuesday
Jun162020

Greenwich Real Estate Guys Blog: Coronavirus Edition; How's the Market

The Greenwich Real Estate Guy's Blog: Coronavirus How's the Market?
A weekly analysis brought to you by Greenwich Real Estate Guy.
 

 

The question I get asked most lately is how is the market truly given the coronavirus.  As we know real estate take 60-90 days for homes to actually close so it is difficult to say until the numbers are finalized.  However, we hear of a mass exodus from New York, and I want to dig into the numbers to give you the most real account of the market.  Most of what we are seeing are short term rentals for people coming from the city.  Our rental market is up over 350% vs last year.  What does it mean for sales, since it has not been 90 days since the lockdown that is tough to say.   The only way I could really tell you is to dig deeper into the numbers for April and May.  I believe the sold numbers give us a false sense as the homes that have been bought have not closed.  So, the only true metric is to look at how many homes went into contract in April over last April then do the same for May.  So, for in April we were down 72%.  Obviously a horrific number but this was the time we were in lock down and people did not want strangers in the home and fear of buyers looking at homes.  Here are the true April numbers:

A quick look at April Greater Greenwich Single Family Home Sales Data:
  • 30 homes closed in April 2020 vs. 35 in April 2019 = a 14% decliine.
  • April 2020 average sales price was $1,812,262, a 39% drop from April 2019.
  • April 2020 median sales price was $1,717,500, a 25% drop from April 2019.
  • Total April 2020 $$ volume was $54,367,888, a 48% drop from April 2019.
  • Average DOM expanded 55% to 303 days.
  • Average sold price per square foot was $461 vs. $608 a year ago.
  • Greater Greenwich Home sales $4M+ fell 83% in April 2020 vs. April 2019.
  • 14 homes went into Pending status in April 2020 vs. 48 in April 2019, a 71% decline.
Now when we compare that to the numbers of May we actually grew 6% which isn't that great given we were trending up 30% on deals in January- March.  However, to go up from after being April being so bad is a great sign.  I would also take it a step farther and say most of the deals happened towards the end of the month when the restrictions eased.  Here are the May numbers:

Here's a look at May 2020 as compared to May 2019 in the market for Greater Greenwich Single Family Homes:
  • 51 homes sold in May 2020, a 10.5% decline compared to May 2019.
  • Average prices rose 11% to $2,331,168.
  • Median prices rose 1% to $1,920,000
  • Average sold price per square foot fell 4% to $498/psf.
  • Total $$ Volume in May was $118,889,575, down 0.57%
  • Sales in May 2020 ranged from $500k - $17,100,000; sales in May 2019 ranged $589k - $5,350,000.
  • Average DOM expanded to 251 days from 222 in May 2019

"Pending" deal activity 6.5% higher than a year ago. This is primarily due to activity in the $1M-$4M price ranges.


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 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