The Greenwich Real Estate Guy's Blog: Super Bowl Open House List and January Sales
The Greenwich Real Estate Guy's Blog: Open House Super Bowl Weekend
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Dear Readers,
With this being Super Bowl weekend there are open homes
on Saturday as well. Who would have thought that on Super Bowl weekend, the first thing that I would bring up would be a person that makes beautiful bracelets, necklaces, earrings, etc. I will not lie these things are not my specialty. However, I like to think that service as well as all things Greenwich are my specialties. I was asked to try to pick up a bracelet from
Annabelle's Collection by my wife for a gift on very short notice. I looked it up on the internet and found out she lives in Greenwich. When I called the number she picked up and let me know that the store nearest me was Navy Lobster on William Street a Specialty Gift boutique shop on William Streett (58A William Street to be exact). Annabelle said if she did not have what I was looking for she would hand deliver to my door. I thought the bracelets were beautiful and whenever my wife wears them I always find myself complimenting her on them. I always get a little excited when I find a Greenwich business that impresses me so much. I also felt Navy Lobster was a really cute boutique shop. With Valentines Day around the corner I thought it would be a great company and business woman to highlight.
Last week 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.
Here are the 12 open homes for Saturday, February 4th.
Here are the 25 open homes for Sunday, February 5th.
Best,
Article originally appeared on jaredrandall (http://www.greenwichrealestateguy.com/).
See website for complete article licensing information.