About Me

 

 Jared G Randall

Houlihan Lawrence

100 West Putnam Avenue

Greenwich, CT 06830

Cell:    203-273-1034

Office: 203-869-0700 x40250

email: jrandall@HoulihanLawrence.com

 

 

Friday
Feb052016

Greenwich Real Estate Blog and Analysis: February 5th-7th

Greenwich Real Estate Blog:
February 5th-7th
 

A weekly analysis brought to you by Greenwich Real Estate Guy.


Pictured above is 16 Mortimer Drive located in the highly desirable location, south of the village in Old Greenwich.  Situated on .27 of an acre this home is listed at 4,500 s.f. with five bedrooms and four full baths.  Newly constructed in 2014, my favorite aspects of this home is the covered porch with a beautiful fan, the kitchen which has carrara marble countertops and great flow into the family room with 18 foot ceilings, and lastly the master suite with his and hers walk in closets and a spectacular bathroom. The house is listed at $3.175M.
Charts have been updated for January. 2016 is off to a great start.  Sold properties are up 22% from 2015.  We are seeing a lot of inventory added as well with 97 new listings in January up 29% from January of last year.
Feel free to search properties.  For a customized search or analysis feel free to email me your parameters and I can set up a portal for you.  If, you know anyone who is looking to buy or sale in Greenwich, please do not hesitate to send me their contact information.  I would be honored to help in anyway possible.  

**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

 

  We had 38 properties sell in January compared to 31 in January of 2015, up 22%.

 

New Listings

We had 97 new listings in January compared to 75 last year up 29%.

 Year to Date Sold
Of the 38 properties to sell in January 15 were in the price point $500K-$1M.
 
Year to Date Available
  
There are 102 properties between $2M and $3M making it the largest price point at 18% of the total inventory.

Open Houses February 7th
  
There are 35 open houses for Super Bowl Sunday.  
Street Name Area List Price Time Listing Office
51 Mary Lane Riverside $699K 1-3 p.m. Raveis
5 Glen Street #402 Greenwich $765K 12-3 p.m. Weichert
39 High Street Greenwich $880K 1-3 p.m. Raveis
11 Old Kings Highway Old Greenwich $899K 12-2 p.m. Weichert
10 Licata Terrace Cos Cob $945K 1-3 p.m. Houlihan Lawrence
12 Georgetowne Greenwich $1.25M 12-2 p.m. Coldwell Banker
12 Lockwood Drive Old Greenwich $1.295M 12-2 p.m. Weichert
26 Valleywood Road Cos Cob $1.299M 1-3 p.m. Coldwell Banker
10 Lockwood Drive Old Greenwich $1.395M 1-3 p.m. Coldwell Banker
15 Taylor Drive Cos Cob $1.595M 1-3 p.m. Raveis
108 Glenville Road Greenwich $1.67M 1:30-3 p.m. DMK
10 W. End Old Greenwich $1.795M 1-3 p.m. Houlihan Lawrence
79 Connecticut Avenue Greenwich $1.795M 1-3 p.m. Sotheby's
82 Indian Harbor Greenwich $1.795M 1-3 p.m. Coldwell Banker
7 Heusted Drive Old Greenwich $1.795M 1-3 p.m. Stoheby's
1 White Birch Lane Cos Cob $1.895M 12:30-3 p.m Douglas Elliman
38 Lockwood Lane Riverside $1.925M 1-3 p.m. Raveis
21 Mohawk Lane Greenwich $1.95M 12-3 p.m. Douglas Elliman
102 Riverside Lane Riverside $1.95M 1-3 p.m. Raveis
311 Cognewaugh Road Cos Cob $2.075M 12-3 p.m. Weichert
11 Pintail Lane Greenwich $2.15M 1-3 p.m. Houlihan Lawrence
39 Indian Harbor #B Greenwich $2.6M 2-4 p.m. Douglas Elliman
400 N. Maple Greenwich $2.999M 12-3 p.m. BHHS
27 Chieftans Road Greenwich $3M 12-2 p.m. Coldwell Banker
747 Riversville Road Greenwich $3.3M 12-2 p.m. BHHS
47 Winthrop Drive Riverside $3.38M 1-3 p.m. Raveis
294 Round Hill Road Greenwich $3.495M 1-3 p.m. Douglas Elliman
127 Shore Road Old Greenwich $3.595M 11-1 p.m. Coldwell Banker
3 Gisborne Place Old Greenwich $3.995M 12-2 p.m. Coldwell Banker
128 Porchuck Greenwich $4.75M 12-3 p.m. BHHS
68 Birch Lane Greenwich $6.295M 12-2 p.m. Sotheby's
35 Winding Lane Greenwich $6.75M 2-4 p.m. Coldwell Banker
27 Doverton Drive Greenwich $7.695M 1-4 p.m. BHHS
 



Best,                                                                     
                                                                                  
Jared Randall                                                 Join my Mailing List 
Houlihan Lawrence Greenwich                     Search Properties 
cell:  203-273-1034                                         View My Website 
       
  
Sunday
Jan312016

Greenwich, CT Residential Blog and Analysis: January 29th-31st

Greenwich, CT Residential Real Estate Blog and Analysis:  
January 29th-31st

A weekly analysis brought to you by Greenwich Real Estate Guy.
Dear Followers,

Pictured above is 18 Lexington Avenue Unit #B located in downtown Greenwich.  Just a couple of blocks of the shops, parks, and restaurants of Greenwich Avenue.  As you can see by reading below in the Q4 report and the year over year statistics, this is the market that has been the strongest in Greenwich over the past year.  The downtown condo market is where we are seeing downsizes as well as first time home buyers choose this option giving up the desire for land for the desire to have the conveniences of the train to NYC, parks, dinners out, and shopping without having to get in a car.  The above condo is 3 bedrooms 3 full baths and one half bath, is listed as having 3,064 s.f. and sits on .17 of an acre.  It was built in 2012 and has the feel of brand new construction when you are inside.  The list price is $2.395M.
Quick takeaways:  Total market transactions were up 1.9% year over year.  With the sales prices being up 3.5%.  However, that is a little deceiving as the condo market was incredible.  Condo units sold were up 15.8% while the average prices up 14%.  Single family homes in Greenwich transactions were down 1.3% and average prices down 1.2%.
Houlihan Lawrence is the #1 brokerage serving Greenwich, Old Greenwich, Cos Cob and Riverside in 2015.  As a team we sold over $800M in property and I am very proud to be a part of such an elite team of agents as we look forward to 2016.
Happy New Year.  Thank you for following the blog and subscribing to the newsletter.  When I came up with the idea for this blog I never thought it would have this far of a reach. There are over 1,100 agents in Greenwich.  When you include the four private or off market sales I did last year, I ranked in the top 3% of all Greenwich Realtors in total units sold as well as total dollar volume.  It means a lot that out of the many options out there you chose to work with me in such an important decision.  I wish you and your family a joyous 2016.
Sampling of my 2015 Closings:
  
  
  
  
  
  
  
  
  
  
  

If, you know anyone who is looking to buy or sale in Greenwich, please do not hesitate to send me their contact information.  I would be honored to help in anyway possible.  I have invested in my own MLS portal for individuals to set up their own custom searches.  This way people can follow their specific search by area, school, price point, lot size, s.f. etc.  Feel free to search properties.  For a customized search click the gray arrows and you can edit the fields.  For example, it is currently populated with all properties clicked.  You can just click Residential then click type, area, and price range, and you can see what is available in your specific price range. After you have narrowed the search to your liking you can click "save this search" and you can set up your own portal, and receive emails as new properties come available.  You can even track your favorites, and add notes or messages about properties.  If easier, feel free to just email me your parameters and I can set up a portal for you.

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

 

  Year over year looks like we are up 6% in transactions.  However, if you look at the last six months of the year outside of a great September we were either stagnant or down a little.  The fall market was disappointingly slow.  

 

New Listings

We had slightly less listings in November than last year, and slightly more in December last year.

 Year to Date Sold
Looking at these two graphs as well as the months on average can really guide you on the markets in your price range.  As you can see the markets are a lot more competitive under $2M than over.
 
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.  The first chart is the 2014 inventory vs. sold numbers.  The second chart is inventory today vs. sold properties.  
  
 
Price Range 1/31/14 2/28/14 3/28/14 4/25/14 5/16/14 7/31/14 12/31/14
0-$500K 10.2 6.0 7.0 6.1 5.5 5.6 3
$500K-$1M 9.7 8.6 9.0 8.7 8.6 5.2 3.7
$1M-$1.5M 5.5 9.5 8.9 10.3 7.8 6.4 4.4
$1.5M-$2M 8 14.5 13.6 18.4 17.8 11 6.7
$2M-$3M 4.7 9.2 11.6 14.3 14.2 11.1 7
$3M-$4M 11 13.1 11.8 14.2 14.5 10.4 9
$4M-$5M 11.9 8.9 13.1 14.4 22.1 17.7 18.4
$5M-$7.5M 20.7 32.0 39.5 59 56.6 32 25.1
$7.5M-$10M n/a n/a 71.5 51 31.5 59.5 21.6
$10M+ 22.4 27.2 42.0 22.7 33.8 29.9 35.2
Price Range 2/28/15 3/30/15 4/30/15 5/31/15 6/30/15 7/31/15 9/21/15
0-$500K 4.5 4 9.6 9.6 5.4 5.3 4.1
$500K-$1M 6.3 4.2 7.5 8.6 7.4 6.8 5.3
$1M-$1.5M 4.8 4.5 6 5.5 4 3.3 4.5
$1.5M-$2M 6.9 7 8.8 8.1 6.5 5.8 8
$2M-$3M 10.1 8 14 15 11.6 11.6 11.1
$3M-$4M 31 20.5 25.5 25.3 16.2 13.1 24.3
$4M-$5M 54.3 26.6 30.3 27.3 17.2 15.5 23.6
$5M-$7.5M 49.1 30.2 34.6 31.7 23.8 20.9 30.2
$7.5M-$10M 20.4 36 31.3 36.4 49.6 47 37.7
$10M+ 41.7 76.5 80.5 86 103.1 120.8 78

Open Houses for January 31st
  
There are 55 open homes this Sunday.  Realtors want to get traffic in as with the Superbowl next weekend there will not be a lot open.
Street Name Area List Price Time Listing Office
39 Mallard Drive Greenwich $4.7K 11-3 p.m. Weichert
71 Orchard Place #A Greenwich $7.5K 1-3 p.m.  Davenport
12 Heusted Drive Old Greenwich $8K 1-3 p.m. Halstead
56 Milbank Avenue #2 Greenwich $17.95K 1-3 p.m. Coldwell Banker
169 Mason Street #4H Greenwich $365K 1-3 p.m. William Pitt Sotheby's
147 Putnam Park Greenwich $485K 1-3 p.m. Raveis
30 Almira Drive Greenwich $579K 1-4 p.m. Raveis
11 River Road #118 Cos Cob $629K 1-3 p.m. BHHS
66 Richland Road #3 Greenwich $689K 2-4 p.m. Coldwell Banker
100 Strickland #4 Cos Cob $699K 1-3 p.m. Coldwell Banker
100 Strickland #9 Cos Cob $699K 1-3 p.m. Houlihan Lawrence
51 Mary Lane Riverside $699K 1-3 p.m. Raveis
5 Glen Street #402 Greenwich $765K 12-2 p.m. Weichert
40 Cassidy Street Greenwich $785K 1-3 p.m. Raveis
22.5 Caroline Place Greenwich $825K 1-4 p.m. Raveis
46 Rockmere Avenue Old Greenwich $849K 1-3 p.m. Coldwell Banker
11 Old Kings Highway Old Greenwich $925K 12-2 p.m. Weichert
149 Holly Hill Greenwich $1.1559M 12-3 p.m. Scott Kadison
81 Angus Rd North Greenwich $1.249M 1-3 p.m. Coldwell Banker
12 Georgetowne N. Greenwich $1.25M 12-2 p.m. Coldwell Banker
72 Sound Beach Old Greenwich $1.295M 1-3 p.m. Raveis
15 Cat Rock Road Cos Cob $1.395M 1-3 p.m. Aysseh 
150 Pemberwick Road Greenwich $1.46M 2-4 p.m. Houlihan Lawrence
15 Taylor Drive Cos Cob $1.595M 1-3 p.m. Raveis
71 Orchard Place #A Greenwich $1.65M 1-3 p.m. Davenport
2 Boxwood Lane Greenwich $1.695M 1-4 p.m. Douglas Elliman
451 Cognewaugh Cos Cob $1.725M 12-2 p.m. Sotheby's
24 Nutmeg Drive Greenwich $1.795M 1-3 p.m. BHHS
12 Heusted Drive Old Greenwich $1.795M 1-3 p.m. Halstead
12 Old Orchard Riverside $1.89M 1-3 p.m. Higgins
15 Dartmouth Road Cos Cob $1.945M 1-3 p.m. Sotheby's
300 Cognewaugh Cos Cob $1.975M 1-3 p.m. Douglas Elliman
380 Cognewaugh Cos Cob $1.995M 1-3 p.m. Raveis
10 Park Avenue Old Greenwich $1.9995M 1-3 p.m. Coldwell Banker
82 Butternut Hollow Greenwich $2.05M 2-4 p.m. Coldwell Banker
76 Summit Road Riverside $2.065M 1-3 p.m. Halstead
311 Cognewaugh Cos Cob $2.075M 12-2 p.m. Weichert
11 Pintail Lane Greenwich $2.15M 2-4 p.m. Houlihan Lawrence
11 Riversville Road Greenwich $2.295M 1-4 p.m. Douglas Elliman
215 Shore Road Greenwich $2.295M 2-4 p.m. Houlihan Lawrence
16 Roosevelt Avenue Old Greenwich $2.395M 1-3 p.m. Halstead
274 Palmer Hill Riverside $2.395M 2-4 p.m. Raveis
18 Lexington #B Greenwich $2.395M 2-4 p.m. Houlihan Lawrence
13 Perryridge Road Greenwich $2.635M 1-3 p.m. Houlihan Lawrence
443 North Street Greenwich $2.65M 1-3 p.m. Centric
1333 King Street Greenwich $2.7M 1-3 p.m. Coldwell Banker
14 Lockwood Avenue Old Greenwich $3.395M 1-3 p.m. Houlihan Lawrence
34 Lenox Drive Greenwich $3.495M 1-4 p.m. BHHS
294 Round Hill Greenwich $3.495M 1-3 p.m. Douglas Elliman
14 Long View Avenue Riverside $3.695M 2-4 p.m. Houlihan Lawrence
14 Sherwood Farm Greenwich $3.795M 1-4 p.m. Hasltead
56 Milbank Avenue #2 Greenwich $3.895M 1-3 p.m. Coldwell Banker
35 Winding Lane Greenwich $6.75M 2-4 p.m. Coldwell Banker
198 Shore Road Old Greenwich $6.8M 1-3 p.m. Halstead
15 Andrews Road Greenwich $8.77M 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.

 

Friday
Jan222016

Greenwich, CT Residential Blog and Analysis: January 22nd-24th

Greenwich, CT Residential Real Estate Blog and Analysis:  
January 22nd-24th

A weekly analysis brought to you by Greenwich Real Estate Guy.
Dear Readers,

Pictured above is 13 Perryridge Road in Greenwich.  If you have followed the blog you know I love this street.  Obviously, I am biased as I live two streets over.  However, this is a stones throw from all Greenwich has to offer.  The home is one and a half blocks from the top of Greenwich Avenue.  Shopping, Restaurants, and schools all unbelievably close.  Brand New construction containing four bedrooms and five full baths.  What I loved about the home were the high end details.  From the fixtures in the bedrooms, to the tile in the showers, to the kitchen details, one can fell the care and discernment used in decorating.  The house is listed at 3,632 s.f. and sits on .17 of an acre with one car garage.  The price is $2.635M.
Quick takeaways:  Total market transactions were up 1.9% year over year.  With the sales prices being up 3.5%.  However, that is a little deceiving as the condo market was incredible.  Condo units sold were up 15.8% while the average prices up 14%.  Single family homes in Greenwich transactions were down 1.3% and average prices down 1.2%.
Houlihan Lawrence is the #1 brokerage serving Greenwich, Old Greenwich, Cos Cob and Riverside in 2015.  As a team we sold over $800M in property and I am very proud to be a part of such an elite team of agents as we look forward to 2016.
Happy New Year.  Thank you for following the blog and subscribing to the newsletter.  When I came up with the idea for this blog I never thought it would have this far of a reach. There are over 1,100 agents in Greenwich.  When you include the four private or off market sales I did last year, I ranked in the top 3% of all Greenwich Realtors in total units sold as well as total dollar volume.  It means a lot that out of the many options out there you chose to work with me in such an important decision.  I wish you and your family a joyous 2016.
Sampling of my 2015 Closings:
  
  
  
  
  
  
  
  
  
  
  

If, you know anyone who is looking to buy or sale in Greenwich, please do not hesitate to send me their contact information.  I would be honored to help in anyway possible.  I have invested in my own MLS portal for individuals to set up their own custom searches.  This way people can follow their specific search by area, school, price point, lot size, s.f. etc.  Feel free to search properties.  For a customized search click the gray arrows and you can edit the fields.  For example, it is currently populated with all properties clicked.  You can just click Residential then click type, area, and price range, and you can see what is available in your specific price range. After you have narrowed the search to your liking you can click "save this search" and you can set up your own portal, and receive emails as new properties come available.  You can even track your favorites, and add notes or messages about properties.  If easier, feel free to just email me your parameters and I can set up a portal for you.

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

 

 

  Year over year looks like we are up 6% in transactions.  However, if you look at the last six months of the year outside of a great September we were either stagnant or down a little.  The fall market was disappointingly slow.  

 

New Listings

We had slightly less listings in November than last year, and slightly more in December last year.

 Year to Date Sold
Looking at these two graphs as well as the months on average can really guide you on the markets in your price range.  As you can see the markets are a lot more competitive under $2M than over.
 
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.  The first chart is the 2014 inventory vs. sold numbers.  The second chart is inventory today vs. sold properties.  
  
 
Price Range 1/31/14 2/28/14 3/28/14 4/25/14 5/16/14 7/31/14 12/31/14
0-$500K 10.2 6.0 7.0 6.1 5.5 5.6 3
$500K-$1M 9.7 8.6 9.0 8.7 8.6 5.2 3.7
$1M-$1.5M 5.5 9.5 8.9 10.3 7.8 6.4 4.4
$1.5M-$2M 8 14.5 13.6 18.4 17.8 11 6.7
$2M-$3M 4.7 9.2 11.6 14.3 14.2 11.1 7
$3M-$4M 11 13.1 11.8 14.2 14.5 10.4 9
$4M-$5M 11.9 8.9 13.1 14.4 22.1 17.7 18.4
$5M-$7.5M 20.7 32.0 39.5 59 56.6 32 25.1
$7.5M-$10M n/a n/a 71.5 51 31.5 59.5 21.6
$10M+ 22.4 27.2 42.0 22.7 33.8 29.9 35.2
Price Range 2/28/15 3/30/15 4/30/15 5/31/15 6/30/15 7/31/15 9/21/15
0-$500K 4.5 4 9.6 9.6 5.4 5.3 4.1
$500K-$1M 6.3 4.2 7.5 8.6 7.4 6.8 5.3
$1M-$1.5M 4.8 4.5 6 5.5 4 3.3 4.5
$1.5M-$2M 6.9 7 8.8 8.1 6.5 5.8 8
$2M-$3M 10.1 8 14 15 11.6 11.6 11.1
$3M-$4M 31 20.5 25.5 25.3 16.2 13.1 24.3
$4M-$5M 54.3 26.6 30.3 27.3 17.2 15.5 23.6
$5M-$7.5M 49.1 30.2 34.6 31.7 23.8 20.9 30.2
$7.5M-$10M 20.4 36 31.3 36.4 49.6 47 37.7
$10M+ 41.7 76.5 80.5 86 103.1 120.8 78

Open Houses for January 24th
  
With the impending snow storm and the Conference Championship football games this week, there are only 10 open houses.  Stay safe and enjoy the weekend.

Street Name Area Price Time Listing Office
47 Putnam Park #1 Greenwich $350K 2-4 p.m. Raveis
169 Mason Street #4H Greenwich $365K 1-3 p.m. William Pitt Sotheby's
39 High Street Greenwich $880K 2-4 p.m. Raveis
82 Indian Harbor Greenwich $1.795M 2-4 p.m. Coldwell Banker
300 Cognewaugh  Cos Cob $1.975M 2-4 p.m. Douglas Elliman
76 Summit Road Riverside $2.065M 1-3 p.m. Halstead
16 Roosevelt Avenue Old Greenwich $2.395M 1-3 p.m. Halstead
47 Birch Lane Greenwich $2.995M 1-3 p.m. Coldwell Banker
8 Dearfield Drive Greenwich $3.395M 1:30-3 p.m. Raveis
187 Milbank Avenue Greenwich $4.8M 1-3 p.m. Halstead
303 Milbank Avenue Greenwich $6.4M 1-3 p.m. Coldwell Banker

 



Best,                                                                     
                                                                                  
Jared Randall                                                 Join my Mailing List 
Houlihan Lawrence Greenwich                     Search Properties 
cell:  203-273-1034                                         View My Website 
       
 
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.

Friday
Jan222016

Greenwich, CT Residential Blog and Analysis: January 15th-January 17th

Greenwich, CT Residential Real Estate Blog and Analysis:  
January 15th-17th

A weekly analysis brought to you by Greenwich Real Estate Guy.
Dear Jared 

The goal of this blog has always been to educate buyers and sellers in Greenwich.  Above is one of my most recent sold properties, 2 Oneida Drive Unit B2 in downtown Greenwich overlooking the harbor.  Below is a link to the Q4 Market report from the executives of my company.  Secondly are links to a samplings of the homes I sold this year so you can see actual closings in a specific market:
Quick takeaways:  Total market transactions were up 1.9% year over year.  With the sales prices being up 3.5%.  However, that is a little deceiving as the condo market was incredible.  Condo units sold were up 15.8% while the average prices up 14%.  Single family homes in Greenwich transactions were down 1.3% and average prices down 1.2%.
Houlihan Lawrence is the #1 brokerage serving Greenwich, Old Greenwich, Cos Cob and Riverside in 2015.  As a team we sold over $800M in property and I am very proud to be a part of such an elite team of agents as we look forward to 2016.
Sampling of my 2015 Closings:
Happy New Year.  Thank you for following the blog and subscribing to the newsletter.  When I came up with the idea for this blog I never thought it would have this far of a reach. There are over 1,100 agents in Greenwich.  When you include the four private or off market sales I did last year, I ranked in the top 3% of all Greenwich Realtors in total units sold as well as total dollar volume.  It means a lot that out of the many options out there you chose to work with me in such an important decision.  I wish you and your family a joyous 2016.
  
  
  
  
  
  
  
  
  
  
  

If, you know anyone who is looking to buy or sale in Greenwich, please do not hesitate to send me their contact information.  I would be honored to help in anyway possible.  I have invested in my own MLS portal for individuals to set up their own custom searches.  This way people can follow their specific search by area, school, price point, lot size, s.f. etc.  Feel free to search properties.  For a customized search click the gray arrows and you can edit the fields.  For example, it is currently populated with all properties clicked.  You can just click Residential then click type, area, and price range, and you can see what is available in your specific price range. After you have narrowed the search to your liking you can click "save this search" and you can set up your own portal, and receive emails as new properties come available.  You can even track your favorites, and add notes or messages about properties.  If easier, feel free to just email me your parameters and I can set up a portal for you.

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

 

  Year over year looks like we are up 6% in transactions.  However, if you look at the last six months of the year outside of a great September we were either stagnant or down a little.  The fall market was disappointingly slow.  

 

New Listings

We had slightly less listings in November than last year, and slightly more in December last year.

 Year to Date Sold
Looking at these two graphs as well as the months on average can really guide you on the markets in your price range.  As you can see the markets are a lot more competitive under $2M than over.
 
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.  The first chart is the 2014 inventory vs. sold numbers.  The second chart is inventory today vs. sold properties.  
  
 
Price Range 1/31/14 2/28/14 3/28/14 4/25/14 5/16/14 7/31/14 12/31/14
0-$500K 10.2 6.0 7.0 6.1 5.5 5.6 3
$500K-$1M 9.7 8.6 9.0 8.7 8.6 5.2 3.7
$1M-$1.5M 5.5 9.5 8.9 10.3 7.8 6.4 4.4
$1.5M-$2M 8 14.5 13.6 18.4 17.8 11 6.7
$2M-$3M 4.7 9.2 11.6 14.3 14.2 11.1 7
$3M-$4M 11 13.1 11.8 14.2 14.5 10.4 9
$4M-$5M 11.9 8.9 13.1 14.4 22.1 17.7 18.4
$5M-$7.5M 20.7 32.0 39.5 59 56.6 32 25.1
$7.5M-$10M n/a n/a 71.5 51 31.5 59.5 21.6
$10M+ 22.4 27.2 42.0 22.7 33.8 29.9 35.2
Price Range 2/28/15 3/30/15 4/30/15 5/31/15 6/30/15 7/31/15 9/21/15
0-$500K 4.5 4 9.6 9.6 5.4 5.3 4.1
$500K-$1M 6.3 4.2 7.5 8.6 7.4 6.8 5.3
$1M-$1.5M 4.8 4.5 6 5.5 4 3.3 4.5
$1.5M-$2M 6.9 7 8.8 8.1 6.5 5.8 8
$2M-$3M 10.1 8 14 15 11.6 11.6 11.1
$3M-$4M 31 20.5 25.5 25.3 16.2 13.1 24.3
$4M-$5M 54.3 26.6 30.3 27.3 17.2 15.5 23.6
$5M-$7.5M 49.1 30.2 34.6 31.7 23.8 20.9 30.2
$7.5M-$10M 20.4 36 31.3 36.4 49.6 47 37.7
$10M+ 41.7 76.5 80.5 86 103.1 120.8 78

Open Houses for January 17th
  
Below are the 39 Open Houses this Sunday.
 
Street Name Area List Price Time Listing Office
15 Angelus Drive Greenwich $4.2K 1-3 p.m. Alliance Properties
91 E. Elm #91 Greenwich $16.5K 1-3 p.m. Houlihan Lawrence
56 Milbank Avenue #2 Greenwich $17.95K 1-3 p.m. Coldwell Banker
191 Milbank #PH Greenwich $22.9K 1-3 p.m. Houlihan Lawrence
35 Putnam Park Greenwich $499.9K 1-4 p.m. BHHS
12 Glenville Street #105 Greenwich $535K 1-4 p.m. BHHS
11 River Road #118 Cos Cob $629K 1-3 p.m. BHHS
11 RiverRoad #105 Cos Cob $715K 1-3 p.m. Houlihan Lawrence
70 Riverdale #1001 Greenwich $773K 1-4 p.m. Coldwell Banker
69 Riverdale #302 Greenwich $839K 1-3 p.m. Coldwell Banker
11 Old Kings Highway Old Greenwich $925K 11-4 p.m. Weichert
265 Pemberwick Greenwich $949K 1-3 p.m. Coldwell Banker
149 Holly Hill Lane Greenwich $1.1559M 12-3 p.m. Scott Kadison
12 Georgetowne North Greenwich $1.25M 1-3 p.m. Coldwell Banker
11 Heather Lane Greenwich $1.25M 1-4 p.m. Raveis
12 Lockwood Drive Old Greenwich $1.295M 12-2 p.m. Weichert
51 Forest #21 Old Greenwich $1.395M 2-4 p.m. Coldwell Banker
15 Taylor Drive Cos Cob $1.595M 1-3 p.m. Raveis
87 Stonehedge Drive Greenwich $1.65M 1-3 p.m. Coldwell Banker
79 Connecticut Avenue Greenwich $1.795M 1-3 p.m. Sotheby's
48 Locust Road Greenwich $1.85M 2-4 p.m. David Ogilvy
1 White Birch Lane Cos Cob $1.895M 1:30-3:30 p.m. Douglas Elliman
10 Park Avenue Old Greenwich $1.9995M 12-2 p.m. Coldwell Banker 
11 Riversville Road Greenwich $2.295M 11-1 p.m. Douglas Elliman
93 Summit Road Riverside $2.395M 1-3 p.m. Sotheby's
274 Palmer Hill Road Riverside $2.395M 2-4 p.m. Raveis
53 Lockwood Avenue Old Greenwich $2.45M 1-3 p.m. Sotheby's
180 Stanwich Road Greenwich $2.6M 1-4 p.m. BHHS
3 Little Cove Place Old Greenwich $2.625M 1-3 p.m. BHHS
443 North Street Greenwich $2.65M 2-4 p.m. Centric
56 Milbank Avenue #2 Greenwich $3.895M 1-3 p.m. Coldwell Banker
146 Hendrie Avenue Riverside $3.895M 2-4 p.m. Houlihan Lawrence
215 Milbank Avenue #W Greenwich $3.999M 1-3 p.m. Houlihan Lawrence
524 North Street Greenwich $4.295M 1-4 p.m. BHHS
91 E. Elm Street N Greenwich $4.295M 1-3 p.m. Houlihan Lawrence
191 Milbank #PH Greenwich $5.75M 1-3 p.m. Houlihan Lawrence
11 Laurel Lane Greenwich $6.295M 1-3 p.m. Halstead
291 Stanwich Road Greenwich $6.495M 1-3 p.m. Coldwell Banker
35 Winding Lane Greenwich $6.75M 2-4 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 
       
  
Saturday
Jan092016

Greenwich, CT Residential Real Estate Blog and Analysis: January 8th-10th

Greenwich, CT Residential Real Estate Blog and Analysis:  
January 8th-10th

A weekly analysis brought to you by Greenwich Real Estate Guy.
Dear Greenwich,

Happy New Year.  Thank you for following the blog and subscribing to the newsletter.  When I came up with the idea for this blog I never thought it would have this far of a reach. There are over 1,100 agents in Greenwich.  When you include the four private or off market sales I did last year, I ranked in the top 3% of all Greenwich Realtors in total units sold as well as total dollar volume.  It means a lot that out of the many options out there you chose to work with me in such an important decision.  I wish you and your family a joyous 2016.
Houlihan Lawrence is the #1 brokerage serving Greenwich, Old Greenwich, Cos Cob and Riverside in 2015.  As a team we sold over $800M in property and I am very proud to be a part of such an elite team of agents as we look forward to 2016.
The charts and graphs are updated through December 31st.  The open house list is updated for this Sunday.  I will give a more detail synopsis of the year in next weeks blog.  However, it seems as though year over year we were up around 6% with most of that coming in the first half of 2015.  Market is a little more stagnant in the second half of the year.

If, you know anyone who is looking to buy or sale in Greenwich, please do not hesitate to send me their contact information.  I would be honored to help in anyway possible.  I have invested in my own MLS portal for individuals to set up their own custom searches.  This way people can follow their specific search by area, school, price point, lot size, s.f. etc.  Feel free to search properties.  For a customized search click the gray arrows and you can edit the fields.  For example, it is currently populated with all properties clicked.  You can just click Residential then click type, area, and price range, and you can see what is available in your specific price range. After you have narrowed the search to your liking you can click "save this search" and you can set up your own portal, and receive emails as new properties come available.  You can even track your favorites, and add notes or messages about properties.  If easier, feel free to just email me your parameters and I can set up a portal for you.

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

 

  Year over year looks like we are up 6% in transactions.  However, if you look at the last six months of the year outside of a great September we were either stagnant or down a little.  The fall market was disappointingly slow.  

 

New Listings

We had slightly less listings in November than last year, and slightly more in December last year.

 Year to Date Sold
Looking at these two graphs as well as the months on average can really guide you on the markets in your price range.  As you can see the markets are a lot more competitive under $2M than over.
 
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.  The first chart is the 2014 inventory vs. sold numbers.  The second chart is inventory today vs. sold properties.  
  
 
Price Range 1/31/14 2/28/14 3/28/14 4/25/14 5/16/14 7/31/14 12/31/14
0-$500K 10.2 6.0 7.0 6.1 5.5 5.6 3
$500K-$1M 9.7 8.6 9.0 8.7 8.6 5.2 3.7
$1M-$1.5M 5.5 9.5 8.9 10.3 7.8 6.4 4.4
$1.5M-$2M 8 14.5 13.6 18.4 17.8 11 6.7
$2M-$3M 4.7 9.2 11.6 14.3 14.2 11.1 7
$3M-$4M 11 13.1 11.8 14.2 14.5 10.4 9
$4M-$5M 11.9 8.9 13.1 14.4 22.1 17.7 18.4
$5M-$7.5M 20.7 32.0 39.5 59 56.6 32 25.1
$7.5M-$10M n/a n/a 71.5 51 31.5 59.5 21.6
$10M+ 22.4 27.2 42.0 22.7 33.8 29.9 35.2
Price Range 2/28/15 3/30/15 4/30/15 5/31/15 6/30/15 7/31/15 9/21/15
0-$500K 4.5 4 9.6 9.6 5.4 5.3 4.1
$500K-$1M 6.3 4.2 7.5 8.6 7.4 6.8 5.3
$1M-$1.5M 4.8 4.5 6 5.5 4 3.3 4.5
$1.5M-$2M 6.9 7 8.8 8.1 6.5 5.8 8
$2M-$3M 10.1 8 14 15 11.6 11.6 11.1
$3M-$4M 31 20.5 25.5 25.3 16.2 13.1 24.3
$4M-$5M 54.3 26.6 30.3 27.3 17.2 15.5 23.6
$5M-$7.5M 49.1 30.2 34.6 31.7 23.8 20.9 30.2
$7.5M-$10M 20.4 36 31.3 36.4 49.6 47 37.7
$10M+ 41.7 76.5 80.5 86 103.1 120.8 78

Open Houses for January 10th
  
Below are the 44 Open Houses this Sunday.


Street Name Area List Price Time Listing Office
12 Heusted Drive Old Greenwich $8K 1-3 p.m. Halstead
56 Milbank Avenue #2 Greenwich $18.5K 1- 4p.m. Coldwell Banker
432 Field Point Road Greenwich $24.5K 1-3 p.m. Halstead
194 Putnam Park Greenwich $480K 1-3 p.m. Sotheby's
147 Putnam Park Greenwich $485K 1-3 p.m. Raveis
30 Almira Drive Greenwich $579K 2-4 p.m. Raveis
11 River Road #105 Cos Cob $715K 1-3 p.m. Houlihan Lawrence
23 Wescott Street Riverside $730.5K 12-2 p.m. Halstead
69 Riverdale #302 Greenwich $839K 1-3 p.m. Coldwell Banker
70 Riverdale #701 Greenwich $839K 1-3 p.m. Coldwell Banker
1 Cary Road Riverside $865K 1-3 p.m. Davenport
11 Old Kings Highway Old Greenwich $925K 1-3 p.m. Weichert
30 Indian Field Road Greenwich $1.145M 1-3 p.m. Sotheby's
3 Wyndover Lane Cos Cob $1.159M 1-3 p.m. Keller Williams
72 Sound Beach Old Greenwich $1.295M 12-2 p.m. Raveis
10 Lockwood Drive Old Greenwich $1.395M 1-3 p.m. Coldwell Banker
12 Lockwood Drive Old Greenwich $1.395M 12-2 p.m. Weichert
34 Duncan Drive Greenwich $1.495M 3-4:30 p.m. Douglas Elliman
6 Carriage Road Cos Cob $1.499M 1-3 p.m. Coldwell Banker
365 Round Hill Road Greenwich $1.525M 1- 4p.m. Davenport
15 Taylor Drive Cos Cob $1.595M 1-3 p.m. Raveis
10 W. End Avenue Old Greenwich $1.795M 1-3 p.m. Houlihan Lawrence
12 Heusted Drive Old Greenwich $1.795M 1-3 p.m. Halstead
24 Nutmeg Drive Greenwich $1.895M 1-3 p.m. BHHS
315 Field Point Point Greenwich $1.939M 1- 4p.m. BHHS
11 Circle Drive Greenwich $1.9975M 1- 4p.m. BHHS
10 Park Avenue Old Greenwich $1.9995M 12-2 p.m. Coldwell Banker
76 Summit Road Riverside $2.065M 1-3 p.m. Halstead
22 Arnold Street Old Greenwich $2.095M 2:30-4:30 p.m. Douglas Elliman
11 Riversville Road Greenwich $2.295M 12:30-2:30 p.m. Douglas Elliman
16 Roosevelt Avenue Old Greenwich $2.395M 1-3 p.m. Halstead
443 North Street Greenwich $2.65M 2-4 p.m. Centric
3 Dewart Road Greenwich $2.95M 1-3 p.m. David Ogilvy
47 Birch Lane Greenwich $2.995M 1-3 p.m. Coldwell Banker
34 Lenox Drive Greenwich $3.495M 1- 4p.m. BHHS
56 Milbank Avenue #2 Greenwich $3.895M 1- 4p.m. Coldwell Banker
3 Gisborne Place Old Greenwich $3.995M 1-3 p.m. Coldwell Banker
851 Lake Avenue Greenwich $4.495M 1- 4p.m. BHHS
17 Heronvue Road Greenwich $4.775M 1-3 p.m. Sotheby's
37 Londonderry Drive Greenwich $4.999995M 1-3 p.m. Greenwich Realty
68 Birch Lane Greenwich $6.295M 1-3 p.m. Sotheby's
303 Milbank Avenue Greenwich $6.4M 2-6 p.m. Coldwell Banker
35 Winding Lane Greenwich $6.995M 2-4 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