The above pictured center hall colonial is located at 16 Lakeview located in Riverside.  It sits on .34 of one acre of land and has 6,326 s.f. with five bedrooms, four bathrooms and one half bath.  This house was built in 2008 and is a direct waterfront of the Mianus River, with gorgeous views from every room.  The house is great for entertaining with vaulted ceilings, open floor plan, and finished lower level.  It is listed for $2.995M

In the past week 50 new listings came on the market which is 8.4% of the total inventory.  Obviously, a huge number, yet, we only see an increase of 15 homes on the market from 583 to 598 homes.  In my humble opinion this more than anything shows how much the market has changed.  Even with 68 new listings in the last two weeks, the total inventory has only grown by 15.  We are starting to see by the statistics below that we are settling into a clear understanding of the market.  We are not seeing big jumps in the percentages one way or another.  We have a total of 598 active properties (single family, condos, and co-ops) for sale.  When you scroll all the way down the months on average section of the newsletter it shows us that we are dealing with two different markets.  Feel free to compare the numbers of month on average, the sold by price range percentages, and new listing vs. sold numbers with previous issues at www.greenwichrealestateguy.com/blog.

Last week of March we sold six properties.  The first week of April 19 properties have closed.  We are seeing a dramatic uptick in activity.

New Listings

When looking at the charts above what stands out the most is the new listings in March vs. the past two years.  As you can see there were less new listings but close to the same amount of sold properties. 

Below are all of the Greenwich Open Houses for Sunday.  I will be at 30 Montgomery, so feel free to stop by and say hi.