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Pictured above is 6 Plow Lane. I have featured this previously. There is an open house from 1-3 p.m. on Sunday. As you can see from below we are having a very good start to the year compared to last year. We are still seeing the strength of the market under the $3M cut off. This home is one of the homes I look at as a test to the market. This is great location, brand new build with every bell and whistle. Just a stunning home in my opinion. The price does not seem too far off, so when it goes, I think it will show the market is becoming stronger in the higher price points. The home is priced at $5.595M.
A few weeks ago I sent out the 4th Quarter and discussed the end of year report. January was phenomenal for Greenwich Real Estate. Here is a quick snapshot of January 2017 vs. January 2016:
* Home sale JUMPED 45% in January (42 units closed vs. 29 a year ago)
* Home prices ROSE 5% to a median price of $1,762,500.
* In the $1m-$2m price range 20 units closed in January vs. 7 a year ago - a 185% increase!
* Inventory is DOWN modestly with 453 homes actively listed in Greenwich today.
* Pendings are UP 4.6% compared to a year ago w/ positive activity across numerous price ranges.
* Days on Market (CDOM) expanded to 238 in January from 169 in January 2016.
* Sold Price to Original List Price Ratio remained steady at about 88%.
The 88% sold price to original price as well as the days on market increasing do show that strategic pricing is the most important aspect when selling your home.
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.
Here are the 58 open homes for Sunday, February 19th.
| Street Name | Area | List Price | Time | Listing Office |
| 245 Byram Road | Greenwich | $549.5K | 1-3 p.m. | Weichert |
| 47 Lafayette Place #3B | Greenwich | $749K | 1-4 p.m. | BHHS |
| 48 Spring Street #5 | Greenwich | $985K | 1-4 p.m. | Weichert |
| 1044 North Street | Greenwich | $1.199M | 12-2 p.m. | Douglas Elliman |
| 12 Georgetowne North | Greenwich | $1.25M | 1-3 p.m. | Coldwell Banker |
| 28 Powell Street | Greenwich | $1.299M | 1-3 p.m. | Coldwell Banker |
| 150 Pemberwick Road | Greenwich | $1.349M | 1-3 p.m. | Coldwell Banker |
| 812 Lake Avenue | Greenwich | $1.425M | 1-4 p.m. | Houlihan Lawrence |
| 2 Bote Court | Greenwich | $1.449M | 1-4 p.m. | Douglas Elliman |
| 14 Tyler Lane | Riverside | $1.5999M | 1-3 p.m. | Coldwell Banker |
| 12 Laddins Rock | Old Greenwich | $1.649M | 2-4 p.m. | Coldwell Banker |
| 30 Bote Road | Greenwich | $1.695M | 1-4 p.m. | Coldwell Banker |
| 45 Doubling Road | Greenwich | $1.699M | 1-3 p.m. | Higgins Group |
| 58A Orchard | Cos Cob | $1.875M | 11:30-2:30 | House of Maxx |
| 39 Edgewater Drive | Old Greenwich | $1.895M | 2-4 p.m. | Sotheby's |
| 69 Circle Drive | Greenwich | $2.545M | 12-2 p.m. | Real Living |
| 151 Milbank Avenue #3 | Greenwich | $2.65M | 1-3 p.m. | Coldwell Banker |
| 17 Lincoln Avenue | Greenwich | $2.65M | 1-4 p.m. | Sotheby's |
| 151 Milbank Avenue #2 | Greenwich | $2.795M | 1-3 p.m. | Coldwell Banker |
| 151 Milbank Avenue #4 | Greenwich | $2.875M | 1-3 p.m. | Coldwell Banker |
| 151 Milbank Avenue #1 | Greenwich | $2.975M | 1-3 p.m. | Coldwell Banker |
| 9 Game Cock Road | Greenwich | $3.199M | 2-4 p.m. | Coldwell Banker |
| 22 Widgeon Way | Greenwich | $3.25M | 1-3 p.m. | Houlihan Lawrence |
| 24 Lakewood North | Greenwich | $3.495M | 2-4 p.m. | Houlihan Lawrence |
| 106 Lockwood Road | Riverside | $3.985M | 1-4 p.m. | Houlihan Lawrence |
| 15 Northway | Old Greenwich | $5.295M | 1-3 p.m. | Coldwell Banker |
| 6 Andrews Farm | Greenwich | $5.35M | 2-4 p.m. | Coldwell Banker |
| 5 N. Crossway | Old Greenwich | $5.4M | 1-3 p.m. | Sotheby's |
| 38 Dairy Road | Greenwich | $5.495M | 1-4 p.m. | Coldwell Banker |
| 35 West Way | Old Greenwich | $5.495M | 1-3 p.m. | Halstead |
| 5 Indian Head | Riverside | $5.575M | 2-4 p.m. | Halstead |
| 6 Plow Lane | Greenwich | $5.595M | 1-3 p.m. | Houlihan Lawrence |
| 303 Milbank Avenue | Greenwich | $5.949M | 1-4 p.m. | Coldwell Banker |
| 72 Meadow Road | Riverside | $6.45M | 1-4 p.m. | Sotheby's |
| 85 Indian Head | Riverside | $6.75M | 1-4 p.m. | Coldwell Banker |
| 33 Vineyard Lane | Greenwich | $7.895M | 1-3 p.m. | Sotheby's |
| 11 Cove Road | Old Greenwich | $8.995M | 1-3 p.m. | Greenwich Land |
Best,
Jared Randall Join my Mailing List
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