I am hoping you have all been able to recover from the shock that St. Mary's did not receive an at large bid to the NCAA Tournament. I know it is a difficult time but we must all move on.
Pictured above is 219 Milbank Avenue #W, a beautiful home located to all that Greenwich offers. Priced at $3.65M there will be an open house from 2-4 p.m. Sunday.
Timeless design and superior quality of construction in this 5-bedroom, 4.1 bath condominium in Lily's Path, a private, gated Association, walking distance to train and Greenwich Avenue. Grand foyer entrance, a wonderful cook's kitchen open to a family room, a fabulous open entertainment space with French doors to a private stone patio and amazing gardens. Most special paneled wood office, with fireplace, off the master bedroom as part of the suite. Four levels with elevator, 2-car garage and extraordinary storage make this easy living in downtown Greenwich.
Riverside Elementary is the hottest market currently in Greenwich.
- Near term demand here is stronger than Greater Greenwich as a whole.
- Pending activity is +22% vs. 2017 (town-wide pendings are DOWN 1.2%)
- Inventory is nearly 13% in Riverside School dist. vs last year.
- Hottest price range for pendings is $2m-$3m which is +200% vs. last year.
- 68 homes have sold in RS district in last 12 months.
- Average sold price per square foot: $663/psf.
- Average DOM: 175 days.
- Average Sold/Original List Price: 91%
- Average Sold/List Price: 95%
- 2017 Assessment Factor: 1.53x
While 2018 YTD sales in Riverside School district are DOWN 30% vs. a year ago I think we'll see that change rapidly when the 11 current pending deals begin to close. If you look back 12 months from today you'll note unit sales are UP 17%. Prices are higher, too, with a median 2018 YTD price of $2.17M. See attached for more information.
Houlihan Lawrence was the market share leader in Riverside School in 2017 and we have grown that market share in 2018. In fact we have been a part of 57% of all the deals closed there this year!
Below are the 78 Open Homes for Sunday.
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.