About Me

 

Jared G Randall

Redfin

SENIOR AGENT

Greenwich, CT 06830

Cell:    203-273-1034

email: jared.randall@redfin.com

 

 

Sunday
Nov092014

Greenwich, CT Residential Real Estate Blog and Analysis: November 7th

 
Greenwich, CT Residential Real Estate Blog and Analysis:  
 
November 7th
  
A weekly analysis brought to you by Greenwich Real Estate Guy.
  
 

Due to my schedule only the open house list is updated.

 

Keeping in line with the last few weeks I am featuring another property that wowed me as I walked through the home.  There are not many times as a Realtor that I am taken back with a home, this was definitely one of those occasions.  The above pictured 11 Wynnwood Road has everything today's buyers are looking for and then some.  The outdoor space consists of a  heated pool, with a spa, a flood lit tennis court, a pool house with a full bath and a kitchenette, a built in outdoor bbq, and a screened in porch.  The home itself sits on 2.24 acres in a 2 acre zone, on a cul-de-sac on a highly desirable street in mid country, just a short drive to town. The home contains 12,712 s.f. with five bedrooms, seven full baths with three half baths.  Aspects of the home I liked were the double height library, the flow of the house, the wine cellar, the media room, and the master suite.

 

 

There are 655 current properties for sale in all of Greenwich.
I have also included a link to the 3rd Quarter Market Report my firm puts out for your review.


 

I would like to take a minute to thank everyone.  We just ended the third quarter.  There are over 1,120 Realtors in Greenwich and when counting my private sales I ranked 12th in gross volume for the third quarter.  I truly appreciate everyone who takes the time to read and follow this blog as well as those of you who have used me and continue to tell your friends about me.  Thank you.  The charts are as of end of Q3, the open house list has been updated. 

 

I have invested in my own MLS Search for my readers.  This will give access to a lot of the listing information I have.  Also, if I have already set you up with your personal portal, you will now be able to search your own searches outside of what I set up for you.  Feel free to test out and search properties.  I feel the best attribute is that you can save your own search and choose to get alerts as new properties come on to the market, properties are sold, or change in price.  All specific to your customized search.  Hence, you will speed up your learning curve, becoming an expert in the specific market you care about.

 

Please let me know if you would like me to provide customized information or statistics for you based on your criteria.

 

**The information on the featured property and all statistical information is from the Greenwich MLS.

 

**All opinions garnered from the statistics are my own

Properties Sold

 

As you can see from above a great September for us.  The first month since January where we have double digit percentage growth in amount of transactions over last year.

 

New Listings

We had 157 new listings in September very comparable to last year's 160.

 

 

  
Year to Date Sold

 

The percentages have leveled off and are sustaining, all percentages are the same vs. the end of last month.
 
Year to Date Available
  

 

In an effort to define the different markets as a good time to buy or sale I believe one needs to look at the months on average it would take to sell through the inventory we have.  This one below is the amount of months on average to sell through our current inventory based on 2014 ytd sold numbers by price range.

  

 

Price Range 1/31/14 2/28/14 3/28/14 4/25/14 5/16/14 7/31/14
0-$500K 10.2 6.0 7.0 6.1 5.5 5.6
$500K-$1M 9.7 8.6 9.0 8.7 8.6 5.2
$1M-$1.5M 5.5 9.5 8.9 10.3 7.8 6.4
$1.5M-$2M 8 14.5 13.6 18.4 17.8 11
$2M-$3M 4.7 9.2 11.6 14.3 14.2 11.1
$3M-$4M 11 13.1 11.8 14.2 14.5 10.4
$4M-$5M 11.9 8.9 13.1 14.4 22.1 17.7
$5M-$7.5M 20.7 32.0 39.5 59 56.6 32
$7.5M-$10M n/a n/a 71.5 51 31.5 59.5
$10M+ 22.4 27.2 42.0 22.7 33.8 29.9
 

 

 

I believe these chart above and below best show the Greenwich market.  If you look at the months on average to sell through the inventory I believe it best shows the market.  I have done two reports, one based on last year's activity and one based on this year's activity.  You will see that across the board the months on average are down year to date, which may seem counter intuitive if I am saying that the transactions are down.  However, the end of July is typical when the least amount of inventory is out there, due to being past the spring market and before the fall market.  Hence, when you compare it to the chart with the 2013 activity you see that the months on average are higher.
The chart below is the amount of months on average to sell throughcurrent inventory based on all of 2013 sold numbers by price range. 

 

 

 

Price Range 8/30/13 9/30/13 10/25/13 11/30/13 12/30/13 1/31/14 2/28/14 3/28/14 4/25/14 5/16/14 7/31/14
0-$500K 4.26 4.4 5.2 4.2 4 4.2 4 3.8 3.7 4 4.1
$500K-$1M 4.65 4.9 4.6 3.4 3.2 3 3.8 4.4 5.2 5.4 4.7
$1M-$1.5M 4.96 5.2 4.6 3.6 3 3.5 4 4.1 5.6 5.4 5.8
$1.5M-$2M 5.61 5.6 5.1 5 4.7 5 6.4 6.1 7.2 7.1 8.7
$2M-$3M 7.84 9.1 8.3 6.3 5.4 5.9 6.9 8 9.1 10.3 9.7
$3M-$4M 20.22 23.4 21.3 17.1 15.8 16.3 15.3 16.5 19.8 18.5 19.8
$4M-$5M 22 23.9 25.3 18.8 14.1 15 13.7 13.7 18 21 22.7
$5M-$7.5M 40.8 31.6 26.4 25 21.5 22.2 24 25.1 28.4 32 26.5
$7.5M-$10M 44.8 52.1 58.8 53.1 46.3 46.3 46.3 42.9 46.3 48 58.3
$10M+ 272 103.2 92.1 72.2 61.5 66 63 66 54 67.5 70.5

 

 

 

I find these two charts to be very intriguing.  One can see the huge discrepancy based on the 2013 numbers between the luxury market and under $3M.  However, at the top if we use the inventory based on the ytd sold numbers it is not as definitive. The luxury market is doing much better than last year and each market seems to be doing relatively well.

Open Houses for November 9th
  
 
 Below are the 50 open houses this weekend.  

 

 

Street Name Area List Price Time Listing Office
5 Grove Street Cos Cob $3.5K 10-12 p.m. Coldwell Banker
4 Waterfall Lane Cos Cob $3.6K 2-4 p.m. Raveis
53 Indian Field Road Greenwich $5K 12-2 p.m. Raveis
70 Wesskum Wood Riverside $12K 1-3 p.m. Raveis
2 Homestead Lane #112 Greenwich $275K 1-3 p.m. Coldwell Banker
146 E. Putnam #616 Old Greenwich $350K 1-3 p.m. Coldwell Banker
20 High Street Greenwich $549K 12-2 p.m. Coldwell Banker
98 Valley Road #9 Cos Cob $599K 1-3 p.m. Houulihan Lawrence
24 Taylor Drive Cos Cob $629K 1-3 p.m. BHHS
13 Fletcher Avenue Greenwich $650K 2-4 p.m. Weichert
57 Richmond Drive Old Greenwich $895K 2-4 p.m. Coldwell Banker
7 Sickle Bar Lane Riverside $895K 1-3 p.m. Shore and Country
14 Cat Rock Road Cos Cob $965K 1-4 p.m. BHHS
35 Center Drive Old Greenwich $990K 1-3 p.m. Halstead
1 Ridge Road Cos Cob $1.099M 1-3 p.m. Shore and Country
285 Bruce Park #A Greenwich $1.195M 1-3 p.m. Weichert
285 Bruce Park #B Greenwich $1.195M 1-3 p.m. Weichert
1017 North Street Greenwich $1.275M 1-3 p.m. Douglas Elliman
17 Manor Road Old Greenwich $1.295M 1-? Coldwell Banker
69 Stanwich Road Greenwich $1.35M 1-4 p.m. BHHS
51 Glen Road Greenwich $1.395M 1-4 p.m. BHHS
53 Indian Field Road Greenwich $1.399M 12-2 p.m. Raveis
365 Round Hill Road Greenwich $1.595M 1-3 p.m. Weichert
314 N Maple Greenwich $1.775M 1-3 p.m. Shore and Country
178 Milbank Avenue #B Greenwich $1.795M 1-3 p.m. Coldwell Banker
233 Milbank #8 Greenwich $1.795M 12-2 p.m. Houlihan Lawrence
39 Bowman Drive Greenwich $1.85M 1-4 p.m. Raveis
3 Whitney Drive Greenwich $1.949M 1-4 p.m. Coldwell Banker
11 Circle Drive Greenwich $1.95M 1-4 p.m. BHHS
233-1 Milbank Avenue Greenwich $2.05M 12-2 p.m. Houlihan Lawrence
55 Shore Road Old Greenwich $2.195M 12-4 p.m. Weichert
16 Crescent Road Riverside $2.295M 1-3 p.m. Coldwell Banker
285 Bruce Park Greenwich $2.39M 1-3 p.m. Weichert
69 Mallard Drive Greenwich $2.45M 1-3 p.m. Sotheby's
106 Patterson Avenue Greenwich $2.85M 2-4 p.m. Raveis
46 Wilshire Road Greenwich $2.995M 1-3 p.m. Houlihan Lawrence
44 Cedar Cliff Riverside $3.4M 1-3 p.m. Coldwell Banker
9 Stallion Trail Greenwich $3.45M 1-4 p.m. BHHS
29 Byfield Lane Greenwich $3.595M 1-3 p.m. Raveis
5 Grimes Road Old Greenwich $3.595M 2-4 p.m. Coldwell Banker
15 Lexington Avenue Greenwich $3.695M 2-3:30 p.m. Coldwell Banker
95 Connecticut Avenue Greenwich $3.69M 2-3:30 p.m. Coldwell Banker
98 North Street Greenwich $3.85M 11-1 p.m. Coldwell Banker
70 Sherwood Avenue Greenwich $3.975M 1-4 p.m. Charles Paternina
29 Keofferam Road Old Greenwich $4.295M 1-3 p.m. Coldwell Banker
19 Shoal Point Lane Riverside $4.5M 2-5 p.m. Coldwell Banker
22 Stillman Lane Greenwich $4.995M 1-4 p.m. Coldwell Banker
11 Crossway Old Greenwich $5.995M 1-3 p.m. Shore and Country
14 Golf Club Greenwich $6.85M 12-1:30 p.m. Coldwell Banker
21 Midwood Greenwich $10.85M 1-3 p.m. Coldwell Banker

 

 

 

Best,                                                                     
                                                                                  
Jared Randall                                                 Join my Mailing List
Houlihan Lawrence Greenwich                     Search Properties
www.greenwichrealestateguy.com                Forward to a Friend
cell:  203-273-1034                                         View My Website
email:  jrandall@houlihanlawrence.com     Like me on Facebook
       

  

Mortgage Information

 

 

There are two individuals I feel most confident about when it comes to home mortgages.  One in Manhattan and one in Greenwich.  They are Jeff Ihrig of First Republic in Manhattan, and in Greenwich I prefer Treena David-Chirico of Wells Fargo NMLSR ID 404288.

 

 

Jeff can be reached at 646-372-5181.  Treena's phone number is 203-618-3923.  You can go to her website to input your specific information to receive rates.  Her website is www.wfhm.com/treena-david-chirico.

 

Saturday
Nov012014

Greenwich, CT Residential Real Estate Blog and Analysis: October 31st

Greenwich, CT Residential Real Estate Blog and Analysis:  
October 31st
  
A weekly analysis brought to you by Greenwich Real Estate Guy.
  


Keeping in line with the last few weeks I am featuring another property that wowed me as I walked through the home.  There are not many times as a Realtor that I am taken back with a home, this was definitely one of those occasions.  The above pictured 11 Wynnwood Road has everything today's buyers are looking for and then some.  The outdoor space consists of a  heated pool, with a spa, a flood lit tennis court, a pool house with a full bath and a kitchenette, a built in outdoor bbq, and a screened in porch.  The home itself sits on 2.24 acres in a 2 acre zone, on a cul-de-sac on a highly desirable street in mid country, just a short drive to town. The home contains 12,712 s.f. with five bedrooms, seven full baths with three half baths.  Aspects of the home I liked were the double height library, the flow of the house, the wine cellar, the media room, and the master suite. 

There are 655 current properties for sale in all of Greenwich.
I have also included a link to the 3rd Quarter Market Report my firm puts out for your review.


 

I would like to take a minute to thank everyone.  We just ended the third quarter.  There are over 1,120 Realtors in Greenwich and when counting my private sales I ranked 12th in gross volume for the third quarter.  I truly appreciate everyone who takes the time to read and follow this blog as well as those of you who have used me and continue to tell your friends about me.  Thank you.  The charts are as of end of Q3, the open house list has been updated. 

 

I have invested in my own MLS Search for my readers.  This will give access to a lot of the listing information I have.  Also, if I have already set you up with your personal portal, you will now be able to search your own searches outside of what I set up for you.  Feel free to test out and search properties.  I feel the best attribute is that you can save your own search and choose to get alerts as new properties come on to the market, properties are sold, or change in price.  All specific to your customized search.  Hence, you will speed up your learning curve, becoming an expert in the specific market you care about.

 

Please let me know if you would like me to provide customized information or statistics for you based on your criteria.

 

**The information on the featured property and all statistical information is from the Greenwich MLS.

 

**All opinions garnered from the statistics are my own

Properties Sold

 

As you can see from above a great September for us.  The first month since January where we have double digit percentage growth in amount of transactions over last year.

 

New Listings

We had 157 new listings in September very comparable to last year's 160.

 

 

  
Year to Date Sold

 

The percentages have leveled off and are sustaining, all percentages are the same vs. the end of last month.
 
Year to Date Available
  

 

In an effort to define the different markets as a good time to buy or sale I believe one needs to look at the months on average it would take to sell through the inventory we have.  This one below is the amount of months on average to sell through our current inventory based on 2014 ytd sold numbers by price range.

  

 

Price Range 1/31/14 2/28/14 3/28/14 4/25/14 5/16/14 7/31/14
0-$500K 10.2 6.0 7.0 6.1 5.5 5.6
$500K-$1M 9.7 8.6 9.0 8.7 8.6 5.2
$1M-$1.5M 5.5 9.5 8.9 10.3 7.8 6.4
$1.5M-$2M 8 14.5 13.6 18.4 17.8 11
$2M-$3M 4.7 9.2 11.6 14.3 14.2 11.1
$3M-$4M 11 13.1 11.8 14.2 14.5 10.4
$4M-$5M 11.9 8.9 13.1 14.4 22.1 17.7
$5M-$7.5M 20.7 32.0 39.5 59 56.6 32
$7.5M-$10M n/a n/a 71.5 51 31.5 59.5
$10M+ 22.4 27.2 42.0 22.7 33.8 29.9
 

 

 

I believe these chart above and below best show the Greenwich market.  If you look at the months on average to sell through the inventory I believe it best shows the market.  I have done two reports, one based on last year's activity and one based on this year's activity.  You will see that across the board the months on average are down year to date, which may seem counter intuitive if I am saying that the transactions are down.  However, the end of July is typical when the least amount of inventory is out there, due to being past the spring market and before the fall market.  Hence, when you compare it to the chart with the 2013 activity you see that the months on average are higher.
The chart below is the amount of months on average to sell throughcurrent inventory based on all of 2013 sold numbers by price range. 

 

 

 

Price Range 8/30/13 9/30/13 10/25/13 11/30/13 12/30/13 1/31/14 2/28/14 3/28/14 4/25/14 5/16/14 7/31/14
0-$500K 4.26 4.4 5.2 4.2 4 4.2 4 3.8 3.7 4 4.1
$500K-$1M 4.65 4.9 4.6 3.4 3.2 3 3.8 4.4 5.2 5.4 4.7
$1M-$1.5M 4.96 5.2 4.6 3.6 3 3.5 4 4.1 5.6 5.4 5.8
$1.5M-$2M 5.61 5.6 5.1 5 4.7 5 6.4 6.1 7.2 7.1 8.7
$2M-$3M 7.84 9.1 8.3 6.3 5.4 5.9 6.9 8 9.1 10.3 9.7
$3M-$4M 20.22 23.4 21.3 17.1 15.8 16.3 15.3 16.5 19.8 18.5 19.8
$4M-$5M 22 23.9 25.3 18.8 14.1 15 13.7 13.7 18 21 22.7
$5M-$7.5M 40.8 31.6 26.4 25 21.5 22.2 24 25.1 28.4 32 26.5
$7.5M-$10M 44.8 52.1 58.8 53.1 46.3 46.3 46.3 42.9 46.3 48 58.3
$10M+ 272 103.2 92.1 72.2 61.5 66 63 66 54 67.5 70.5

 

 

 

I find these two charts to be very intriguing.  One can see the huge discrepancy based on the 2013 numbers between the luxury market and under $3M.  However, at the top if we use the inventory based on the ytd sold numbers it is not as definitive. The luxury market is doing much better than last year and each market seems to be doing relatively well.

 

 

 

 

 

 


Open Houses for November 2nd
  
 
 Below are the 42 open houses this weekend.  

 

 

Street Name Area List Price Time Listing Office
28 Rippowam Road #A Cos Cob $3.5K 2-4 p.m. David Ogilvy
66 Richland Road #2 Greenwich $3.5K 12-3 p.m. Raveis
48 Rodwell Avenue #A Greenwich $4K 1-3 p.m. Raveis
53 Indian Field Road Greenwich $5K 12-2 p.m. Raveis
45 William Street #A Greenwich $6.5K 1-4 p.m. BHHS
2 Idar Court #A Greenwich $11K 2-4 p.m. Coldwell Banker
53 Rodwell Avenue #A Greenwich $494K 1-4 p.m. Keller Williams
47 Lafayette Place #2I Greenwich $549K 1-3 p.m. Raveis
165 Pine Street Greenwich $565K 1-3 p.m. Weichert
66 Richland Road #2 Greenwich $629K 12-3 p.m. Raveis
13 Fletcher Avenue Greenwich $650K 2-4 p.m. Weichert
48 Rodwell Avenue #A Greenwich $669K 1-3 p.m. Raveis
100 Strickland Road #8 Cos Cob $670K 2-4 p.m. Raveis
303 Bruce Park Avenue Greenwich $699K 1-3 p.m. Weichert
80 Bedford Road Greenwich $1M 1-4 p.m. BHHS
35 Center Drive Old Greenwich $1.085M 1-3 p.m. Halstead
21 West End Avenue Old Greenwich $1.099M 1-3 p.m. BHHS
285 Bruce Park Avenue #A Greenwich $1.195M 1-3 p.m. Weichert
285 Bruce Park #B Greenwich $1.495M 1-3 p.m. Weichert
1017 North Street Greenwich $1.275M 12-3 p.m. Douglas Elliman
17 Manor Road Old Greenwich $1.295M 1-4 p.m. Coldwell Banker
53 Indian Field Road Greenwich $1.399M 12-2 p.m. Raveis
1 Old Church Road #7 Greenwich $1.4M 2-5 p.m. Coldwell Banker
365 Round Hill Road Greenwich $1.595M 12-2 p.m. Weichert
30 Old Stone Bridge Cos Cob $1.595M 2-4 p.m. BHHS
45 William Street #A Greenwich $1.63M 1-4 p.m. BHHS
233 Milbank Avenue #8 Greenwich $1.795M 1-3 p.m. Houlihan Lawrence
24 Bedford Road Greenwich $2.15M 2-4 p.m. Raveis
55 Shore Road Old Greenwich $2.195M 2-4 p.m. Weichert
285 Bruce Park Avenue Greenwich $2.39M 1-3 p.m. Weichert
88 Dingletown Road Greenwich $2.395M 12-3 p.m. William Pitt Sotheby's
3 Azalea Terrace Cos Cob $2.399M 1-4 p.m. BHHS
2 Idar Court #A Greenwich $2.475M 2-4 p.m. Coldwell Banker
34 Hearthstone Drive Riverside $2.5M 1-4 p.m. BHHS
17 Mortimer Drive Old Greenwich $2.749M 1-3 p.m. Houlihan Lawrence
420 North Street Greenwich $2.795M 1-4 p.m. Sotheby's
1333 King Street Greenwich $2.845M 1-4 p.m. BHHS
7 Holman Lane Old Greenwich $3.395M 2-4 p.m. Raveis
38 Bramble Lane Riverside $3.895M 1-4 p.m. BHHS
70 Sherwood Avenue Greenwich $3.975M 1-4 p.m. Charles Paternina
30 Vineyard Lane Greenwich $4.85M 1-3 p.m. Coldwell Banker
21 Midwood Drive Greenwich $10.85M 1-3 p.m. Coldwell Banker

 

 

 

Best,                                                                     
                                                                                  
Jared Randall                                                 Join my Mailing List
Houlihan Lawrence Greenwich                     Search Properties
www.greenwichrealestateguy.com                Forward to a Friend
cell:  203-273-1034                                         View My Website
email:  jrandall@houlihanlawrence.com     Like me on Facebook
       

  

Mortgage Information

 

 

There are two individuals I feel most confident about when it comes to home mortgages.  One in Manhattan and one in Greenwich.  They are Jeff Ihrig of First Republic in Manhattan, and in Greenwich I prefer Treena David-Chirico of Wells Fargo NMLSR ID 404288.

 

 

Jeff can be reached at 646-372-5181.  Treena's phone number is 203-618-3923.  You can go to her website to input your specific information to receive rates.  Her website is www.wfhm.com/treena-david-chirico.

 

Saturday
Oct252014

Greenwich CT, Residential Real Estate Blog and Analysis: October 24th


Greenwich, CT Residential Real Estate Blog and Analysis:  
October 24th
  
A weekly analysis brought to you by Greenwich Real Estate Guy.
  
 
I would like to take a minute to thank everyone.  We just ended the third quarter.  There are over 1,120 Realtors in Greenwich and when counting my private sales I ranked 12th in gross volume for the third quarter.  I truly appreciate everyone who takes the time to read and follow this blog as well as those of you who have used me and continue to tell your friends about me.  Thank you.  The charts are as of end of Q3, the open house list has been updated.
There are times as a Realtor where you walk into a home and you get a wow factor.  Obviously, being a Realtor in Greenwich, this can happen quite often.  The above pictured 47 Shore Road is one of these homes.  This home has everything in my opinion.  There is incredible outdoor space with a phenomenal patio including two outdoor fireplaces, a beautiful outdoor kitchen, culminating in the perfect entertainment spot.  The main home has six bedrooms, with four full baths. The home is set up with a smart home system so you can have the lights and a/v controlled by iPads.  The kitchen is immaculate and opens perfectly into the family room with fireplace. There is a two bedroom cottage on the property as well perfect to rent out or have guests from out of town.  The house boasts a fantastic lower level equipped with a gym, bedroom, bath and a playroom.  All encompassing there are 5,712 s.f. 8 bedrooms, 6 and one half baths and three fireplaces.  The house went up for rent three days ago, and on the first day received three offers.  However, the house is also for sale and is offered at $4.75M.
All charts and numbers have been updated.  I have also included a link to the 3rd Quarter Market Report my firm puts out for your review.

 3rd Quarter Market Report


 

 

 

As We currently have 699 properties available in Greenwich down from 714 a couple of weeks ago.  The numbers for September were very positive.  We had 59 properties sell vs 47 last year in the month of September.  Percentage wise the strongest month we have had since the first quarter.  

 

I have invested in my own MLS Search for my readers.  This will give access to a lot of the listing information I have.  Also, if I have already set you up with your personal portal, you will now be able to search your own searches outside of what I set up for you.  Feel free to test out and search properties.  I feel the best attribute is that you can save your own search and choose to get alerts as new properties come on to the market, properties are sold, or change in price.  All specific to your customized search.  Hence, you will speed up your learning curve, becoming an expert in the specific market you care about.

 

Please let me know if you would like me to provide customized information or statistics for you based on your criteria.

 

**The information on the featured property and all statistical information is from the Greenwich MLS.

 

**All opinions garnered from the statistics are my own

 

 

   
Properties Sold

 

As you can see from above a great September for us.  The first month since January where we have double digit percentage growth in amount of transactions over last year.

 

New Listings

We had 157 new listings in September very comparable to last year's 160.

 

 

  
Year to Date Sold

 

The percentages have leveled off and are sustaining, all percentages are the same vs. the end of last month.
 
Year to Date Available
  

 

In an effort to define the different markets as a good time to buy or sale I believe one needs to look at the months on average it would take to sell through the inventory we have.  This one below is the amount of months on average to sell through our current inventory based on 2014 ytd sold numbers by price range.

  

 

Price Range 1/31/14 2/28/14 3/28/14 4/25/14 5/16/14 7/31/14
0-$500K 10.2 6.0 7.0 6.1 5.5 5.6
$500K-$1M 9.7 8.6 9.0 8.7 8.6 5.2
$1M-$1.5M 5.5 9.5 8.9 10.3 7.8 6.4
$1.5M-$2M 8 14.5 13.6 18.4 17.8 11
$2M-$3M 4.7 9.2 11.6 14.3 14.2 11.1
$3M-$4M 11 13.1 11.8 14.2 14.5 10.4
$4M-$5M 11.9 8.9 13.1 14.4 22.1 17.7
$5M-$7.5M 20.7 32.0 39.5 59 56.6 32
$7.5M-$10M n/a n/a 71.5 51 31.5 59.5
$10M+ 22.4 27.2 42.0 22.7 33.8 29.9
 

 

 

I believe these chart above and below best show the Greenwich market.  If you look at the months on average to sell through the inventory I believe it best shows the market.  I have done two reports, one based on last year's activity and one based on this year's activity.  You will see that across the board the months on average are down year to date, which may seem counter intuitive if I am saying that the transactions are down.  However, the end of July is typical when the least amount of inventory is out there, due to being past the spring market and before the fall market.  Hence, when you compare it to the chart with the 2013 activity you see that the months on average are higher.
The chart below is the amount of months on average to sell throughcurrent inventory based on all of 2013 sold numbers by price range. 

 

 

 

Price Range 8/30/13 9/30/13 10/25/13 11/30/13 12/30/13 1/31/14 2/28/14 3/28/14 4/25/14 5/16/14 7/31/14
0-$500K 4.26 4.4 5.2 4.2 4 4.2 4 3.8 3.7 4 4.1
$500K-$1M 4.65 4.9 4.6 3.4 3.2 3 3.8 4.4 5.2 5.4 4.7
$1M-$1.5M 4.96 5.2 4.6 3.6 3 3.5 4 4.1 5.6 5.4 5.8
$1.5M-$2M 5.61 5.6 5.1 5 4.7 5 6.4 6.1 7.2 7.1 8.7
$2M-$3M 7.84 9.1 8.3 6.3 5.4 5.9 6.9 8 9.1 10.3 9.7
$3M-$4M 20.22 23.4 21.3 17.1 15.8 16.3 15.3 16.5 19.8 18.5 19.8
$4M-$5M 22 23.9 25.3 18.8 14.1 15 13.7 13.7 18 21 22.7
$5M-$7.5M 40.8 31.6 26.4 25 21.5 22.2 24 25.1 28.4 32 26.5
$7.5M-$10M 44.8 52.1 58.8 53.1 46.3 46.3 46.3 42.9 46.3 48 58.3
$10M+ 272 103.2 92.1 72.2 61.5 66 63 66 54 67.5 70.5

 

 

 

I find these two charts to be very intriguing.  One can see the huge discrepancy based on the 2013 numbers between the luxury market and under $3M.  However, at the top if we use the inventory based on the ytd sold numbers it is not as definitive. The luxury market is doing much better than last year and each market seems to be doing relatively well.

 

 

 

 

 

 


Open Houses for October 26th
  
 
 Below are the 55 open houses this weekend.  

 

 

Street Name Area List Price Time Listing Office
4 Waterfall Lane Cos Cob $3.75K 2-4 p.m. Raveis
12 Lockwood Drive Old Greenwich $5.45K 1-4 p.m. Weichert
20 Carleton Street Greenwich $8K 1-4 p.m. Raveis
92 Wesskum Wood Old Greenwich $10K 1-3 p.m. Sotheby's
95 Connecticut Avenue Greenwich $16K 2:30-4:30 Coldwell Banker
9 River Road #409 Cos Cob $429K 1-3 p.m. Sotheby's
25 W Elm Street #26 Greenwich $575K 1-3 p.m. Raveis
13 Fletcher Avenue Greenwich $650K 1-4 p.m. Weichert
100 Strickland Road #8 Cos Cob $670K 2-4 p.m. Raveis
47 Lafayette Place #4E Greenwich $715K 1-3 p.m. Sotheby's
8 Relay Court Cos Cob $819K 2-4 p.m. Coldwell Banker
69 Riverdale Avenue #205 Greenwich $849K 1-3 p.m. Sotheby's
7 Sickle Bar Lane Riverside $999K 1-3 p.m. Shore and Country
1 Ridge Road Cos Cob $1.099M 2-4 p.m. Shore and Country
13 Center Drive Old Greenwich $1.195M 1-3 p.m. Sotheby's
210 Lyon Farm Greenwich 1.224M 12-2 p.m. Raveis
12 Lockwood Drive Old Greenwich $1.295M 1-4 p.m. Weichert
36 Sherwood Avenue Greenwich $1.295M 2:30-4:30 p.m. Raveis
14 Surrey Drive Riverside $1.299M 12-2 p.m. Raveis
51 Glen Road Greenwich $1.395M 1-4 p.m. BHHS
142 Sound Beach Old Greenwich $1.699M 1-3 p.m. Sotheby's
143 Weaver Street Greenwich $1.7M 1-4 p.m. BHHS
233 Milbank #8 Greenwich $1.795M 2-4 p.m. Houlihan Lawrence
39 Bowman Drive Greenwich $1.85M 1-4 p.m. Raveis
14 Palmer Terrace Riverside $1.85M 2-4 p.m. Raveis
7 North Street Greenwich $2.195M 1-3 p.m. Sotheby's
270 Palmer Hill Road Riverside $2.25M 1-3 p.m. Raveis
88 Dingletown Road Greenwich $2.395M 1-4 p.m. William Pitt Sotheby's
69 Mallard Drive Greenwich $2.45M 12-3 p.m. Sotheby's
6 Kenilworth Terrace Greenwich $2.495M 2-4 p.m. Coldwell Banker
180 Stanwich Road Greenwich $2.6M 1-4 p.m. BHHS
6 Dingletown Road Greenwich $2.625M 1-3 p.m. Houlihan Lawrence
268 Palmer Hill Road Riverside $2.75M 1-3 p.m. Raveis
420 North Street Greenwich $2.795M 1-4 p.m. Sotheby's
17 Pintail Lane Greenwich $2.795M 1-3 p.m. Sotheby's
184 Stanwich Road Greenwich $2.95M 1-4 p.m. BHHS
900 Lake Avenue Greenwich $2.995M 2-4 p.m. Raveis
7 Gisborne Place Old Greenwich $2.995M 1-4 p.m. Coldwell Banker
41 Tomac Avenue Old Greenwich $2.995M 1-3 p.m. BHHS
50 Indian Head Riverside $3.1995M 1-3 p.m. Coldwell Banker
150 Riverside Avenue Riverside $3.495M 2-4 p.m. Sotheby's
520 Cognewaugh Road Cos Cob $3.495M 1-3 p.m. Shore and Country
5 Grimes Road Old Greenwich $3.595M 2-4 p.m. Coldwell Banker
12 E Point Lane Old Greenwich $3.6M 1-3 p.m. Raveis
33 Normandy Lane Riverside $3.65M 1-3 p.m. BHHS
20 Carpenters Brook Greenwich $3.8M 1-4 p.m. Coldwell Banker
14 Sherwood Farm Greenwich $3.995M 2-4 p.m. Halstead
10 Esther Place Old Greenwich $4.295M 2-4 p.m. Shore and Country
36 DAY ROAD Greenwich $4.495M 1-3 p.m. Coldwell Banker
19 Shoal Point Riverside $4.5M 1-4 p.m. Coldwell Banker
30 Vineyard Lane Greenwich $4.85M 1-3 p.m. Coldwell Banker
14 Golf Club Road Greenwich $6.85M 12-2 p.m. Coldwell Banker
12 BYFIELD LANE Greenwich $7.499M 1-4 p.m. BHHS
21 Topping & 22 Close Greenwich $15.95M 1-3 p.m. Sotheby's
         

 

 

 

Best,                                                                     
                                                                                  
Jared Randall                                                 Join my Mailing List
Houlihan Lawrence Greenwich                     Search Properties
www.greenwichrealestateguy.com                Forward to a Friend
cell:  203-273-1034                                         View My Website
email:  jrandall@houlihanlawrence.com     Like me on Facebook
       

  

Mortgage Information

 

 

There are two individuals I feel most confident about when it comes to home mortgages.  One in Manhattan and one in Greenwich.  They are Jeff Ihrig of First Republic in Manhattan, and in Greenwich I prefer Treena David-Chirico of Wells Fargo NMLSR ID 404288.

 

 

Jeff can be reached at 646-372-5181.  Treena's phone number is 203-618-3923.  You can go to her website to input your specific information to receive rates.  Her website is www.wfhm.com/treena-david-chirico.

Saturday
Oct182014

Greenwich CT, Residential Real Estate Blog and Analysis: October 17th

Greenwich, CT Residential Real Estate Blog and Analysis:  
October 17th
  
A weekly analysis brought to you by Greenwich Real Estate Guy.
  
Dear Jared 
 
I would like to take a minute to thank everyone.  We just ended the third quarter.  There are over 1,120 Realtors in Greenwich and when counting my private sales I ranked 12th in gross volume for the third quarter.  I truly appreciate everyone who takes the time to read and follow this blog as well as those of you who have used me and continue to tell your friends about me.  Thank you.  The charts are as of end of Q3, the open house list has been updated.
There are times as a Realtor where you walk into a home and you get a wow factor.  Obviously, being a Realtor in Greenwich, this can happen quite often.  The above pictured 47 Shore Road is one of these homes.  This home has everything in my opinion.  There is incredible outdoor space with a phenomenal patio including two outdoor fireplaces, a beautiful outdoor kitchen, culminating in the perfect entertainment spot.  The main home has six bedrooms, with four full baths. The home is set up with a smart home system so you can have the lights and a/v controlled by iPads.  The kitchen is immaculate and opens perfectly into the family room with fireplace. There is a two bedroom cottage on the property as well perfect to rent out or have guests from out of town.  The house boasts a fantastic lower level equipped with a gym, bedroom, bath and a playroom.  All encompassing there are 5,712 s.f. 8 bedrooms, 6 and one half baths and three fireplaces.  The house went up for rent three days ago, and on the first day received three offers.  However, the house is also for sale and is offered at $4.75M.
All charts and numbers have been updated.  I have also included a link to the 3rd Quarter Market Report my firm puts out for your review.

 3rd Quarter Market Report


 

 

 

As We currently have 699 properties available in Greenwich down from 714 a couple of weeks ago.  The numbers for September were very positive.  We had 59 properties sell vs 47 last year in the month of September.  Percentage wise the strongest month we have had since the first quarter.  

 

I have invested in my own MLS Search for my readers.  This will give access to a lot of the listing information I have.  Also, if I have already set you up with your personal portal, you will now be able to search your own searches outside of what I set up for you.  Feel free to test out and search properties.  I feel the best attribute is that you can save your own search and choose to get alerts as new properties come on to the market, properties are sold, or change in price.  All specific to your customized search.  Hence, you will speed up your learning curve, becoming an expert in the specific market you care about.

 

Please let me know if you would like me to provide customized information or statistics for you based on your criteria.

 

**The information on the featured property and all statistical information is from the Greenwich MLS.

 

**All opinions garnered from the statistics are my own

 

 

   
Properties Sold

 

As you can see from above a great September for us.  The first month since January where we have double digit percentage growth in amount of transactions over last year.

 

New Listings

We had 157 new listings in September very comparable to last year's 160.

 

 

  
Year to Date Sold

 

The percentages have leveled off and are sustaining, all percentages are the same vs. the end of last month.
 
Year to Date Available
  

 

In an effort to define the different markets as a good time to buy or sale I believe one needs to look at the months on average it would take to sell through the inventory we have.  This one below is the amount of months on average to sell through our current inventory based on 2014 ytd sold numbers by price range.

  

 

Price Range 1/31/14 2/28/14 3/28/14 4/25/14 5/16/14 7/31/14
0-$500K 10.2 6.0 7.0 6.1 5.5 5.6
$500K-$1M 9.7 8.6 9.0 8.7 8.6 5.2
$1M-$1.5M 5.5 9.5 8.9 10.3 7.8 6.4
$1.5M-$2M 8 14.5 13.6 18.4 17.8 11
$2M-$3M 4.7 9.2 11.6 14.3 14.2 11.1
$3M-$4M 11 13.1 11.8 14.2 14.5 10.4
$4M-$5M 11.9 8.9 13.1 14.4 22.1 17.7
$5M-$7.5M 20.7 32.0 39.5 59 56.6 32
$7.5M-$10M n/a n/a 71.5 51 31.5 59.5
$10M+ 22.4 27.2 42.0 22.7 33.8 29.9
 

 

 

I believe these chart above and below best show the Greenwich market.  If you look at the months on average to sell through the inventory I believe it best shows the market.  I have done two reports, one based on last year's activity and one based on this year's activity.  You will see that across the board the months on average are down year to date, which may seem counter intuitive if I am saying that the transactions are down.  However, the end of July is typical when the least amount of inventory is out there, due to being past the spring market and before the fall market.  Hence, when you compare it to the chart with the 2013 activity you see that the months on average are higher.
The chart below is the amount of months on average to sell throughcurrent inventory based on all of 2013 sold numbers by price range. 

 

 

 

Price Range 8/30/13 9/30/13 10/25/13 11/30/13 12/30/13 1/31/14 2/28/14 3/28/14 4/25/14 5/16/14 7/31/14
0-$500K 4.26 4.4 5.2 4.2 4 4.2 4 3.8 3.7 4 4.1
$500K-$1M 4.65 4.9 4.6 3.4 3.2 3 3.8 4.4 5.2 5.4 4.7
$1M-$1.5M 4.96 5.2 4.6 3.6 3 3.5 4 4.1 5.6 5.4 5.8
$1.5M-$2M 5.61 5.6 5.1 5 4.7 5 6.4 6.1 7.2 7.1 8.7
$2M-$3M 7.84 9.1 8.3 6.3 5.4 5.9 6.9 8 9.1 10.3 9.7
$3M-$4M 20.22 23.4 21.3 17.1 15.8 16.3 15.3 16.5 19.8 18.5 19.8
$4M-$5M 22 23.9 25.3 18.8 14.1 15 13.7 13.7 18 21 22.7
$5M-$7.5M 40.8 31.6 26.4 25 21.5 22.2 24 25.1 28.4 32 26.5
$7.5M-$10M 44.8 52.1 58.8 53.1 46.3 46.3 46.3 42.9 46.3 48 58.3
$10M+ 272 103.2 92.1 72.2 61.5 66 63 66 54 67.5 70.5

 

 

 

I find these two charts to be very intriguing.  One can see the huge discrepancy based on the 2013 numbers between the luxury market and under $3M.  However, at the top if we use the inventory based on the ytd sold numbers it is not as definitive. The luxury market is doing much better than last year and each market seems to be doing relatively well.

 

 

 

 

 

 


Open Houses for October 19th
  
 
 Below are the 62 open houses this weekend.  

 

 

Street Name Area Time List Price Listing Office
5 Grove Street Cos Cob 3-5 p.m. $3.8K Coldwell Banker
12 Lockwood Drive Old Greenwich 1-3 p.m. $5.6K Weichert
45 William Street #A Greenwich 1-4 p.m. $6.5K BHHS
5 Grimes Road Old Greenwich 2-4 p.m. $13K Coldwell Banker
95 Connecticut Avenue Greenwich 11-1 p.m. $16K Coldwell Banker
1535 E. PUTNAM #301 Old Greenwich 1-3 p.m. $295K Houlihan Lawrence
53 Rodwell Avenue #A Greenwich 1-3 p.m. $494K Keller Williams
104 River Run Greenwich 2-4 p.m. $529K BHHS
453 E. Putnam #3B Cos Cob 1-3 p.m. $565K Weichert
13 Fletcher Avenue Greenwich 1-4 p.m. $650K Weichert
303 Bruce Park Greenwich 12-3 p.m. $699K Weichert
33 Morgan Avenue Greenwich 2-4 p.m. $780K Coldwell Banker
57 Richmond Drive Old Greenwich 2-4 p.m. $895K Coldwell Banker
48 Spring Street #8 Greenwich 12-2 p.m. $949K Coldwell Banker
14 Cat Rock Road Cos Cob 1-4 p.m. $965K BHHS
7 Essex Road Greenwich 1-3 p.m. $985K Raveis
35 Center Drive Old Greenwich 1-3 p.m. $1.085M Halstead
285 Bruce Park #A Greenwich 1-3 p.m. $1.195M Weichert
285 Bruce Park #B Greenwich 1-3 p.m. $1.195M Weichert
201 Cat Rock Road Cos Cob 1-4 p.m. $1.195M BHHS
323 Cognewaugh Road Cos Cob 2-4 p.m. $1.225M Raveis
1017 North Street Greenwich 11-2 p.m. $1.275M Douglas Elliman
6 Ferris Drive Old Greenwich 1-4 p.m. $1.295M Keller Williams
12 Lockwood Drive Old Greenwich 1-3 p.m. $1.295M Weichert
392 Davis Avenue Greenwich 12-3 p.m. $1.395M Raveis
73 Stonehedge Drive Greenwich 1-3 p.m. $1.398M Coldwell Banker
75 Taconic Road Greenwich 2-4 p.m. $1.499M Raveis
365 Round Hill Road Greenwich 1-3 p.m. $1.595M Weichert
45 William Street #A Greenwich 1-4 p.m. $1.68M BHHS
84 Perkins Road Greenwich 1-3 p.m. $1.785M Newbridge
233 Milbank Avenue #8 Greenwich 2-4 p.m. $1.795M Houlihan Lawrence
14 Palmer Terrace Riverside 2-4 p.m. $1.85M Raveis
172 Cognewaugh Cos Cob 12-2 p.m. $1.999M Coldwell Banker
24 Bedford Road Greenwich 12-2 p.m. $2.15M Raveis
55 Shore Road Old Greenwich 1-5 p.m. $2.195M Weichert
39 Skylark Road Greenwich 1-3 p.m. $2.2M Houlihan Lawrence
16 Crescent Road Riverside 2-4 p.m. $2.295M Coldwell Banker
54 Sundance Drive Cos Cob 1-3 p.m. $2.299M Raveis
285 Bruce Park Greenwich 1-3 p.m. $2.39M Weichert
2 Idar Court #A Greenwich 1-3 p.m. $2.475M Coldwell Banker
10 Ridge Street #B Greenwich 2-4 p.m. $2.595M Houlihan Lawrence
5 Sylvan Lane Old Greenwich 1-3 p.m. $2.75M Coldwell Banker
522 North Street Greenwich 1-4 p.m. $2.785M Shore and Country
420 North Street Greenwich 1-4 p.m. $2.795M Sotheby's
106 Patterson Avenue Greenwich 1-4 p.m. $2.85M Raveis
265 Valley Road Cos Cob 1-4 p.m. $2.995M Higgins Group
7 Gisborne Place Old Greenwich 2-4 p.m. $2.995M Coldwell Banker
32 Sawmill Lane Greenwich 2-4 p.m. $3.195M Houlihan Lawrence
44 Cedar Cliff Road Riverside 1-4 p.m. $3.4M Coldwell Banker
9 Stallion Trail Greenwich 1-4 p.m. $3.45M BHHS
5 Grimes Road Old Greenwich 2-4 p.m. $3.595M Coldwell Banker
15 Lexington Avenue Greenwich 11-1 p.m. $3.695M Coldwell Banker
95 Connecticut Avenue Greenwich 11-1 p.m. $3.695M Coldwell Banker
98 North Street Greenwich 12-2 p.m. $3.85M Coldwell Banker
38 Bramble Lane Riverside 1-4 p.m. $3.895M BHHS
70 Sherwood Avenue Greenwich 10-4 p.m. $3.975M Charles Paternina
400 Stanwich Road Greenwich 2-4 p.m. $4.295M Coldwell Banker
36 DAY ROAD Greenwich 2-4 p.m. $4.495M Coldwell Banker
30 Vineyard Lane Greenwich 1-3 p.m. $4.85M Coldwell Banker
20 Langhorne Lane Greenwich 2-4 p.m. $5.995M Raveis
158 Clapboard Ridge Greenwich 2-4 p.m. $6.295M Coldwell Banker
14 Golf Club Road Greenwich 1:30-3:30 p.m. $6.85M Coldwell Banker

 

 

 

Best,                                                                     
                                                                                  
Jared Randall                                                 Join my Mailing List
Houlihan Lawrence Greenwich                     Search Properties
www.greenwichrealestateguy.com                Forward to a Friend
cell:  203-273-1034                                         View My Website
email:  jrandall@houlihanlawrence.com     Like me on Facebook
       

  

Mortgage Information

 

 

There are two individuals I feel most confident about when it comes to home mortgages.  One in Manhattan and one in Greenwich.  They are Jeff Ihrig of First Republic in Manhattan, and in Greenwich I prefer Treena David-Chirico of Wells Fargo NMLSR ID 404288.

 

 

Jeff can be reached at 646-372-5181.  Treena's phone number is 203-618-3923.  You can go to her website to input your specific information to receive rates.  Her website is www.wfhm.com/treena-david-chirico.

 

Monday
Oct132014

Greenwich CT, Residential Real Estate Blog and Analysis: October 10th

Greenwich, CT Residential Real Estate Blog and Analysis:  
October 10th
  
A weekly analysis brought to you by Greenwich Real Estate Guy.
  
 
There are times as a Realtor where you walk into a home and you get a wow factor.  Obviously, being a Realtor in Greenwich, this can happen quite often.  The above pictured 47 Shore Road is one of these homes.  This home has everything in my opinion.  There is incredible outdoor space with a phenomenal patio including two outdoor fireplaces, a beautiful outdoor kitchen, culminating in the perfect entertainment spot.  The main home has six bedrooms, with four full baths. The home is set up with a smart home system so you can have the lights and a/v controlled by iPads.  The kitchen is immaculate and opens perfectly into the family room with fireplace. There is a two bedroom cottage on the property as well perfect to rent out or have guests from out of town.  The house boasts a fantastic lower level equipped with a gym, bedroom, bath and a playroom.  All encompassing there are 5,712 s.f. 8 bedrooms, 6 and one half baths and three fireplaces.  The house went up for rent three days ago, and on the first day received three offers.  However, the house is also for sale and is offered at $4.75M.
All charts and numbers have been updated.  I have also included a link to the 3rd Quarter Market Report my firm puts out for your review.

 3rd Quarter Market Report


 

 

 

As We currently have 699 properties available in Greenwich down from 714 a couple of weeks ago.  The numbers for September were very positive.  We had 59 properties sell vs 47 last year in the month of September.  Percentage wise the strongest month we have had since the first quarter.  

 

I have invested in my own MLS Search for my readers.  This will give access to a lot of the listing information I have.  Also, if I have already set you up with your personal portal, you will now be able to search your own searches outside of what I set up for you.  Feel free to test out and search properties.  I feel the best attribute is that you can save your own search and choose to get alerts as new properties come on to the market, properties are sold, or change in price.  All specific to your customized search.  Hence, you will speed up your learning curve, becoming an expert in the specific market you care about.

 

Please let me know if you would like me to provide customized information or statistics for you based on your criteria.

 

**The information on the featured property and all statistical information is from the Greenwich MLS.

 

**All opinions garnered from the statistics are my own

 

 

   
Properties Sold

 

As you can see from above a great September for us.  The first month since January where we have double digit percentage growth in amount of transactions over last year.

 

New Listings

We had 157 new listings in September very comparable to last year's 160.

 

 

  
Year to Date Sold

 

The percentages have leveled off and are sustaining, all percentages are the same vs. the end of last month.
 
Year to Date Available
  

 

In an effort to define the different markets as a good time to buy or sale I believe one needs to look at the months on average it would take to sell through the inventory we have.  This one below is the amount of months on average to sell through our current inventory based on 2014 ytd sold numbers by price range.

  

 

Price Range 1/31/14 2/28/14 3/28/14 4/25/14 5/16/14 7/31/14
0-$500K 10.2 6.0 7.0 6.1 5.5 5.6
$500K-$1M 9.7 8.6 9.0 8.7 8.6 5.2
$1M-$1.5M 5.5 9.5 8.9 10.3 7.8 6.4
$1.5M-$2M 8 14.5 13.6 18.4 17.8 11
$2M-$3M 4.7 9.2 11.6 14.3 14.2 11.1
$3M-$4M 11 13.1 11.8 14.2 14.5 10.4
$4M-$5M 11.9 8.9 13.1 14.4 22.1 17.7
$5M-$7.5M 20.7 32.0 39.5 59 56.6 32
$7.5M-$10M n/a n/a 71.5 51 31.5 59.5
$10M+ 22.4 27.2 42.0 22.7 33.8 29.9
 

 

 

I believe these chart above and below best show the Greenwich market.  If you look at the months on average to sell through the inventory I believe it best shows the market.  I have done two reports, one based on last year's activity and one based on this year's activity.  You will see that across the board the months on average are down year to date, which may seem counter intuitive if I am saying that the transactions are down.  However, the end of July is typical when the least amount of inventory is out there, due to being past the spring market and before the fall market.  Hence, when you compare it to the chart with the 2013 activity you see that the months on average are higher.
The chart below is the amount of months on average to sell throughcurrent inventory based on all of 2013 sold numbers by price range. 

 

 

 

Price Range 8/30/13 9/30/13 10/25/13 11/30/13 12/30/13 1/31/14 2/28/14 3/28/14 4/25/14 5/16/14 7/31/14
0-$500K 4.26 4.4 5.2 4.2 4 4.2 4 3.8 3.7 4 4.1
$500K-$1M 4.65 4.9 4.6 3.4 3.2 3 3.8 4.4 5.2 5.4 4.7
$1M-$1.5M 4.96 5.2 4.6 3.6 3 3.5 4 4.1 5.6 5.4 5.8
$1.5M-$2M 5.61 5.6 5.1 5 4.7 5 6.4 6.1 7.2 7.1 8.7
$2M-$3M 7.84 9.1 8.3 6.3 5.4 5.9 6.9 8 9.1 10.3 9.7
$3M-$4M 20.22 23.4 21.3 17.1 15.8 16.3 15.3 16.5 19.8 18.5 19.8
$4M-$5M 22 23.9 25.3 18.8 14.1 15 13.7 13.7 18 21 22.7
$5M-$7.5M 40.8 31.6 26.4 25 21.5 22.2 24 25.1 28.4 32 26.5
$7.5M-$10M 44.8 52.1 58.8 53.1 46.3 46.3 46.3 42.9 46.3 48 58.3
$10M+ 272 103.2 92.1 72.2 61.5 66 63 66 54 67.5 70.5

 

 

 

I find these two charts to be very intriguing.  One can see the huge discrepancy based on the 2013 numbers between the luxury market and under $3M.  However, at the top if we use the inventory based on the ytd sold numbers it is not as definitive. The luxury market is doing much better than last year and each market seems to be doing relatively well.

 

 

 

 

 

 


Open Houses for October 12th
  
 
 Below are the19 open houses this weekend.  

 

 

Street Name Area List Price Time Listing Office
28 Rippowam #A Cos Cob $3.5K 2-4 p.m. David Ogilvy
2 Idar Court #A Greenwich $11K 1-3 p.m. Coldwell Banker
53 Rodwell Avenue #A Greenwich $494K 1-3 p.m. Keller Williams
453 E Putnam #1D Cos Cob $549K 1-4 p.m. New England Land
1 Scott Road Greenwich $649K 2-4 p.m. Coldwell Banker
1017 North Street Greenwich $1.275M 11-1 p.m. Douglas Elliman
6 Ferris Drive Old Greenwich $1.295M 1-3 p.m. Keller Williams
34 Oval Avenue Riverside $1.495M 1-3 p.m. Houlihan Lawrence
30 Old Stone Bridge Cos Cob $1.595M 2-4 p.m. BHHS
233 Milbank Avenue #8 Greenwich $1.795M 1-4 p.m. Houlihan Lawrence
17 Oval Avenue Riverside $1.869M 2-4 p.m. Shore and Country
88 Dingletown Greenwich $2.395M 1-4 p.m. William Pitt Sotheby's
69 Mallard Drive Greenwich $2.45M 12-2 p.m. Sotheby's
2 Idar Court #A Greenwich $2.475M 1-3 p.m. Coldwell Banker
5 Lake Drive Riverside $2.795M 1-3 p.m. BHHS
420 North Street Greenwich $2.795M 1-4 p.m. Sotheby's
35 Upland Drive Greenwich $3.995M 12-2 p.m. Raveis
30 Vineyard Lane Greenwich $4.85M 1-4 p.m. Coldwell Banker
11 N Crossway Old Greenwich $5.995M 1-3 p.m. Shore and Country

 

 

 

 

Best,                                                                     
                                                                                  
Jared Randall                                                 Join my Mailing List
Houlihan Lawrence Greenwich                     Search Properties
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Mortgage Information

 

 

There are two individuals I feel most confident about when it comes to home mortgages.  One in Manhattan and one in Greenwich.  They are Jeff Ihrig of First Republic in Manhattan, and in Greenwich I prefer Treena David-Chirico of Wells Fargo NMLSR ID 404288.

 

 

Jeff can be reached at 646-372-5181.  Treena's phone number is 203-618-3923.  You can go to her website to input your specific information to receive rates.  Her website is www.wfhm.com/treena-david-chirico.