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Click here for the 4th Quarter Greenwich Market Report
Happy New Year! Greenwich, Connecticut remains a destination hometown and 2018 sales show buyers agree. With a winter chill in the air, here's a look at some highlights from last year:
Home sales in Greenwich rose modestly in 2018 as buyers engaged with strategically priced properties. Value was a key driver for informed buyers as geo-political and financial markets uncertainty remained a headwind in 2018. A cooling real estate market in NYC also curbed activity from one of our larger buyer pools.
For sellers, the initial pricing of a home is critical in limiting days on market and maximizing the selling price. Properly preparing your home for sale with touch-ups, upgrades and staging can also help todays buyers connect with a home and inspire a bid. Buyers continue to seek out properties in new or like-new condition that are close to shopping, dining, schools and the train to New York City. As a result, we saw 2018 sales rise in Old Greenwich, Riverside, Cos
Cob and neighborhoods close to Greenwich Avenue.
There were 10 sales over $10M in 2018, an uptick from 2017 and a third consecutive year of gains in this price category. While the headline sounds promising, many of these sales came as a result of significant price reductions that yielded results.
As we look ahead, we're getting mixed messages from the marketplace. On one hand we have positive fundamentals
in place that could underpin a good year: low unemployment, continued low interest rates and the ongoing benefits of tax reform. On the other, we are entering 2019 with a drop in pending deal activity which would portend a weak first quarter.
Houlihan Lawrence remains the #1 brokerage serving Greenwich, Cos Cob, Riverside and Old Greenwich.
Our world class agents, innovative marketing investments combined with cutting edge market data help bring buyers and sellers together to get deals done. We have proudly been the leading firm in town for four consecutive years. Thank you.
There are 28 Open Homes this Sunday.
| Street Name | Area | List Price | Time | Listing Office |
| 7 Shelter Drive | Cos Cob | $8K | 12-2 p.m. | Raveis |
| 17 Lincoln Avenue | Greenwich | $8.9K | 1-3 p.m. | Sotheby's |
| 10 Hillside Drive | Greenwich | $13.5K | 1-3 p.m. | Houlihan Lawrence |
| 40 W Elm #1M | Greenwich | $510K | 1-3 p.m. | Raveis |
| 40 W Elm #1M | Greenwich | $510K | 1-3 p.m. | Raveis |
| 60 Valley Road #B | Cos Cob | $825K | 2-4 p.m. | Coldwell Banker |
| 3 Park Avenue | Old Greenwich | $930K | 1-3 p.m. | Coldwell Banker |
| 37 Barton Lane | Cos Cob | $1.039M | 1-3 p.m. | Houlihan Lawrence |
| 56 Sherwood Place #9 | Greenwich | $1.049M | 2-4 p.m. | Compass |
| 14 Neil Lane | Riverside | $1.0975M | 1-2 p.m. | Coldwell Banker |
| 43 Almira Drive | Greenwich | $1.249M | 1-3 p.m. | Raveis |
| 101 Lewis Street #B | Greenwich | $1.275M | 12-1 p.m. | Sotheby's |
| 365 Round Hill Road | Greenwich | $1.359M | 1-3 p.m. | Davenport |
| 17 Connecticut Avenue | Greenwich | $1.595M | 1:30-3:30 p.m. | Raveis |
| 64 Hawthorne Street | Greenwich | $1.595M | 1-3 p.m. | Sotheby's |
| 14 Hoover Road | Riverside | $1.749M | 1-2 p.m. | Coldwell Banker |
| 28 Forest Avenue | Old Greenwich | $1.925M | 1-3 p.m. | Sotheby's |
| 39 Lockwood Lane | Riverside | $1.95M | 11-1 p.m. | Executive |
| 51 Ridge Street | Greenwich | $1.995M | 2-4 p.m. | Raveis |
| 17 Lincoln Avenue | Greenwich | $1.999M | 1-3 p.m. | Sotheby's |
| 111 Lockwood Road | Riverside | $2M | 1-4 p.m. | Coldwell Banker |
| 37 Crescent Road | Riverside | $2.05M | 1-3 p.m. | Raveis |
| 95 Stanwich Road | gren | $2.495M | 1-3 p.m. | Raveis |
| 7 Shelter Drive | Cos Cob | $2.5M | 12-2 p.m. | Raveis |
| 54 Glenville Road | Greenwich | $2.675M | 12-2 p.m. | Houlihan Lawrence |
| 34 Circle Drive | Greenwich | $2.775M | 1-3 p.m. | Raveis |
| 291 Stanwich Road | Greenwich | $4.395M | 1-3 p.m. | Sotheby's |
| 10 Hillside Drive | Greenwich | $4.395M | 1-3 p.m. | Houlihan Lawrence |
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.
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Jared Randall Join my Mailing List
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