Sunday
Apr282019
Greenwich Real Estate Guy's Blog: First Quarter Market Report and April 28th Open House List
Jared Randall
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Pictured above is the First Quarter Market Report. I have left it above for the second week for you review. Let me know if you have any questions or I can run any customized analysis for you.
Spring is a special time in Greenwich, Connecticut. It's a season of rejuvenation that reminds us of the many reasons we live in this wonderful hometown. Our short commute to New York City, world class shopping and dining, inspiring schools, libraries and museums along with our majestic town parks and facilities make Greenwich a superb place to live, work and play.
As the first quarter ended, we saw a welcome uptick in real estate showings and deal activity, offering optimism after a slow start to the new year. Home sales and prices declined in the first quarter, as buyers remained on the sidelines until they perceived value in an asking price. Many buyers from New York City have had to tap the brakes on buying in Greenwich as they wait for buyers to purchase in The Big Apple. This domino effect also impacts our buyers from London who are dealing with the ongoing Brexit situation.
What's helping deals get done in Greenwich? Today's buyers respond to homes in tip-top condition that are beautifully decorated and priced strategically when they first come to market. As a result, motivated sellers are doing touch-ups, renovation work and even staging their homes if their decor choices don't match up with buyer preferences.
Highlights from the quarter include a modest uptick in sales in Greenwich North of the Merritt Parkway where declining prices have provided opportunities for buyers. Home sales in Old Greenwich jumped nearly 30% in the quarter and condominium sales began the year with a strong 20% increase.
There were two sales over $10M recorded in the Greenwich Multiple Listing Service in the quarter - a slight decline from year ago sales - and one notable off-market $48M waterfront sale.
As we look ahead we are encouraged by a recent uptick in the number of showings and negotiating activity. The continuation of low interest rates, a performing stock market and upbeat reports on mortgage applications are also signs of stronger home sale activity coming in the second quarter.
There are 153 Open Homes this Sunday.
| Street Name | Area | List Price | Time | Listing Office |
| 43 Almira Drive | Greenwich | $6K | 1-3 p.m. | Raveis |
| 35 Orchard Place | Greenwich | $9K | 2:30-4:30 p.m. | Raveis |
| 554 River Road (lot 2) | Cos Cob | $9.8K | 1-4 p.m. | Coldwell Banker |
| 554 River Road (lot 1) | Cos Cob | $9.8K | 1-4 p.m. | Coldwell Banker |
| 34 Wescott Street | Riverside | $10.5K | 1-3 p.m. | Keller Williams |
| 216 Byram Shore Road | Greenwich | $13K | 12-2 p.m. | Raveis |
| 22 Putnam Park | Greenwich | $330K | 1-3 p.m. | Davenport |
| 36 Putnam Park | Greenwich | $345K | 1-3 p.m. | Coldwell Banker |
| 50 Lafayette Place #1L | Greenwich | $379K | 12-2 p.m. | Coldwell Banker |
| 10 Putnam Park | Greenwich | $389K | 2-4 p.m. | Houlihan Lawrence |
| 34 Putnam Park | Greenwich | $395K | 2-4 p.m. | Sotheby's |
| 190 Putnam Park | Greenwich | $398K | 1-3 p.m. | Raveis |
| 49 Valley Road #D1 | Cos Cob | $435K | 1-3:30 p.m. | BHHS |
| 69 Putnam Park | Greenwich | $480K | 1-4 p.m. | Raveis |
| 76 Henry Street | Greenwich | $499K | 12-2 p.m. | Raveis |
| 1465 E. Putnam #517 | Old Greenwich | $520K | 2-4 p.m. | Raveis |
| 148 Putnam Park | Greenwich | $530K | 1-3 p.m. | Coldwell Banker |
| 333 Palmer Hill #2FG | Riverside | $545K | 1-3 p.m. | Sotheby's |
| 21 Byram Road | Greenwich | $549.5K | 1-3 p.m. | Davenport |
| 51 Forest Avenue #72 | Old Greenwich | $560K | 12:30-1:30 p.m. | Douglas Elliman |
| 53 Prospect Street | Greenwich | $599K | 12-2 p.m. | Coldwell Banker |
| 6 Hines Lane | Riverside | $600K | 1-3 p.m. | Coldwell Banker |
| 98 Prospect Street | Greenwich | $600K | 12-2 p.m. | Coldwell Banker |
| 453 Putnam Avenue #4E | Cos Cob | $635K | 1-3 p.m. | BHHS |
| 7 River Road #303 | Cos Cob | $639.5K | 2-4 p.m. | Higgins Group |
| 32 Sherman Avenue | Greenwich | $650K | 12-2 p.m. | Houlihan Lawrence |
| 453 Putnam Avenue #1D | Cos Cob | $650K | 1-3 p.m. | Marr and Caruso |
| 7 River Road #309 | Cos Cob | $679.5K | 1-3 p.m. | Douglas Elliman |
| 11 River Road #107 | Cos Cob | $685K | 1-3 p.m. | Coldwell Banker |
| 3 River Avenue #2A | Greenwich | $699K | 12-1:30 p.m. | Douglas Elliman |
| 11 River Road #116 | Cos Cob | $739K | 1-3 p.m. | Houlihan Lawrence |
| 6 Caroline Farms #1 | Cos Cob | $758K | 1-3 p.m. | Coldwell Banker |
| 60 Valley Road #B | Cos Cob | $795K | 2-4 p.m. | Coldwell Banker |
| 41 Sound Beach Avenue | Cos Cob | $839.5K | 1-3 p.m. | Coldwell Banker |
| 14 Dandy Drive | Cos Cob | $849.5K | 1-3 p.m. | Raveis |
| 55 Oval Avenue | Riverside | $899K | 1-3 p.m. | BHHS |
| 115 River Road #7 | Cos Cob | $950K | 1-3 p.m. | Executive |
| 25 Meadow Drive | Cos Cob | $959K | 1-4 p.m. | BHHS |
| 17 Mallard Drive | Greenwich | $969K | 1-3 p.m. | Sotheby's |
| 23 Hassake Road | Old Greenwich | $995K | 2-4 p.m. | Houlihan Lawrence |
| 13 Hickory Drive | Greenwich | $995K | 1-4 p.m. | BHHS |
| 10 Ridge Road | Cos Cob | $1.05M | 1-3 p.m. | Coldwell Banker |
| 360 Cognewaugh Road | Cos Cob | $1.095M | 1-3:30 p.m. | Coldwell Banker |
| 112 Pilgrim Drive | Greenwich | $1.126M | 1-4 p.m. | BHHS |
| 43 Almira Drive | Greenwich | $1.145M | 1-3 p.m. | Raveis |
| 75 Long Meadow | Riverside | $1.49M | 1-3 p.m. | Gen Next |
| 60 Sound Beach | Old Greenwich | $1.15M | 11-1 p.m. | Douglas Elliman |
| 625 Lyon Farm | Greenwich | $1.195M | 1-3 p.m. | BHHS |
| 180 Bible Street | Cos Cob | $1.195M | 1-3 p.m. | Sotheby's |
| 31 Scott Lane | Greenwich | $1.95M | 1-3 p.m. | Coldwell Banker |
| 99 Loughlin Avenue | Cos Cob | $1.199M | 1-3 p.m. | Sotheby's |
| 37 Fairway Lane | Greenwich | $1.199M | 2-4 p.m. | Coldwell Banker |
| 101 Lewis Street #J | Greenwich | $1.2M | 1-3 p.m. | BHHS |
| 18 Ivanhoe Lane | Greenwich | $1.25M | 1-3 p.m. | Sotheby's |
| 31 Center Drive | Old Greenwich | $1.25M | 1-3 p.m. | Halstead |
| 500 River Road #17 | Cos Cob | $1.285M | 1-4 p.m. | Coldwell Banker |
| 44 Hendrie Avenue | Riverside | $1.325M | 1-3 p.m. | Coldwell Banker |
| 10 Roosevelt Avenue | Old Greenwich | $1.34M | 1-4 p.m. | Houlihan Lawrence |
| 10 Roosevelt Avenue | Old Greenwich | $1.34M | 1-4 p.m. | Houlihan Lawrence |
| 15 Mansion Place | Greenwich | $1.35M | 1-3 p.m. | Coldwell Banker |
| 1 Tait Road | Old Greenwich | $1.35M | 2-4 p.m. | BHHS |
| 17 Miltiades Avenue | Riverside | $1.35M | 12:30-3:00 p.m. | Houlihan Lawrence |
| 56 Byram Shore | Greenwich | $1.395M | 1-3 p.m. | Coldwell Banker |
| 28 Revere Road | Riverside | $1.395M | 1-3 p.m. | Houlihan Lawrence |
| 4 Banksville Road | Greenwich | $1.399M | 1-3 p.m. | Coldwell Banker |
| 37 Buckfield Lane | Greenwich | $1.45M | 2-4 p.m. | BHHS |
| 125 Hendrie Avenue | Riverside | $1.49M | 1-3 p.m. | Coldwell Banker |
| 64 Hawthrone Street | Greenwich | $1.495M | 1-2:30 p.m. | Sotheby's |
| 9 Comly Terrace | Greenwich | $1.549M | 1-2:30 p.m. | Coldwell Banker |
| 22 Indian Field | Greenwich | $1.55M | 2-4 p.m. | BHHS |
| 1 Lia Fail Way | Cos Cob | $1.57M | 2-4 p.m. | Coldwell Banker |
| 115 Dingletown Road | Greenwich | $1.595M | 1-4 p.m. | Coldwell Banker |
| 11 Ricki Beth Lane | Old Greenwich | $1.65M | 1-3 p.m. | Sotheby's |
| 5 Shady Brook Lane | Old Greenwich | $1.65M | 1-3 p.m. | Coldwell Banker |
| 24 Maher Avenue | Greenwich | $1.65M | 2-4 p.m. | Douglas Elliman |
| 27 Edgewater Drive | Old Greenwich | $1.695M | 1-3 p.m. | Sotheby's |
| 22 Linwood Avenue | Riverside | $1.7M | 1-3 p.m. | Coldwell Banker |
| 44 summit Road | Riverside | $1.725M | 1-3 p.m. | Houlihan Lawrence |
| 31 Guinea Road | Greenwich | $1.775M | 1-3 p.m. | Houlihan Lawrence |
| 145 Cognewaugh Road | Cos Cob | $1.795M | 12-2 p.m. | Douglas Elliman |
| 22 Indian Mill | Cos Cob | $1.795M | 1-3 p.m. | Houlihan Lawrence |
| 60 Lockwood Lane | Riverside | $1.895M | 1-3 p.m. | BHHS |
| 1 White Birch | Cos Cob | $1.895M | 1-3 p.m. | BHHS |
| 21 Summit Road | Riverside | $1.899M | 2-4 p.m. | Houlihan Lawrence |
| 552 River Road | Cos Cob | $1.95M | 1-4 p.m. | Coldwell Banker |
| 19 Knoll Street | Riverside | $1.95M | 1-3 p.m. | Coldwell Banker |
| 22 Crescent Road | Riverside | $1.95M | 2-4 p.m. | Sotheby's |
| 554 River Road | Cos Cob | $1.99M | 1-4 p.m. | Coldwell Banker |
| 15 Shady Lane | Greenwich | $1.998M | 2-4 p.m. | Coldwell Banker |
| 37 Crescent Road | Riverside | $1.999M | 1-4 p.m. | Raveis |
| 7 Grey Rock Drive | Greenwich | $1.999M | 2:30-4:30 p.m. | Sotheby's |
| 35 Orchard Place | Greenwich | $2M | 2:30-4:30 p.m. | Raveis |
| 12 Dorchester Lane | Riverside | $2.045M | 1-3 p.m. | Coldwell Banker |
| 14 Perryridge Road | Greenwich | $2.05M | 2-4 p.m. | Houlihan Lawrence |
| 19 Crescent Road | Riverside | $2.095M | 1-3 p.m. | Sotheby's |
| 34 Wescott Street | Riverside | $2.0996M | 1-3 p.m. | Keller Williams |
| 44 Benjamin Street | Old Greenwich | $2.195M | 1-3 p.m. | Houlihan Lawrence |
| 10 Edgewood #3B | Greenwich | $2.295M | 2-4 p.m. | Sotheby's |
| 94 Riversville Road | Greenwich | $2.35M | 12-2 p.m. | Houlihan Lawrence |
| 39 Bedford Road | Greenwich | $2.35M | 2-4 p.m. | Coldwell Banker |
| 269 Milbank Avenue | Greenwich | $2.35M | 2-4 p.m. | Coldwell Banker |
| 1 Ford Lane | Old Greenwich | $2.385M | 1-4 p.m. | BHHS |
| 591 Lake Avenue | Greenwich | $2.495M | 2-4 p.m. | Sotheby's |
| 23 Annjim Drive | Greenwich | $2.495M | 1-3 p.m. | Douglas Elliman |
| 84 Circle Drive | Greenwich | $2.498M | 1-3 p.m. | Houlihan Lawrence |
| 269 Milbank Avenue | Greenwich | $2.5M | 2-4 p.m. | Coldwell Banker |
| 2 Buxton Lane | Riverside | $2.595M | 2-4 p.m. | Centric |
| 11 Cardinal Road | Greenwich | $2.599M | 1-4 p.m. | Sunbelt |
| 34 Circle Drive | Greenwich | $2.625M | 1-3 p.m. | Raveis |
| 130 Lower Cross Road | Greenwich | $2.65M | 1-3 p.m. | Sotheby's |
| 21 Hendrie Drive | Old Greenwich | $2.65M | 2-4 p.m. | Raveis |
| 28 Baldwin Farms | Greenwich | $2.675M | 1-3 p.m. | Coldwell Banker |
| 100 Cat Rock Road | Cos Cob | $2.695M | 11-3 p.m. | Coldwell Banker |
| 2 Holly Way | Cos Cob | $2.75M | 1-4 p.m. | Coldwell Banker |
| 35 Chapel Lane | Riverside | $2.75M | 3-5 p.m. | Coldwell Banker |
| 43 Zaccheus Mead | Greenwich | $2.795M | 1-3 p.m. | Coldwell Banker |
| 9 Stallion Trail | Greenwich | $2.799M | 12-2 p.m. | Compass |
| 100 Hendrie Avenue | Riverside | $2.825M | 1-3 p.m. | Centric |
| 102 Hendrie Avenue | Riverside | $2.875M | 1-3 p.m. | Halstead |
| 1 Ivanhoe Lane | Greenwich | $2.895M | 1-3 p.m. | Houlihan Lawrence |
| 169 E. Elm Street | Greenwich | $2.9M | 1-3 p.m. | BHHS |
| 4 Laurel Lane Spur | Greenwich | $2.925M | 1-3 p.m. | Coldwell Banker |
| 70 Cedar Cliff | Riverside | $2.995M | 1-3 p.m. | Halstead |
| 216 Byram Shore | Greenwich | $2.995M | 12-2 p.m. | Raveis |
| 15 Irvine Road | Old Greenwich | $3.095M | 1-3 p.m. | Houlihan Lawrence |
| 73 Sawmill Lane | Greenwich | $3.175M | 2-4 p.m. | Raveis |
| 63 Glenville Road | Greenwich | $3.215M | 1-4 p.m. | Sotheby's |
| 378 Taconic Road | Greenwich | $3.25M | 2-4 p.m. | Coldwell Banker |
| 50 Mallard Drive | Greenwich | $3.295M | 2-4 p.m. | Houlihan Lawrence |
| 40 W. Elm Street #3DE | Greenwich | $3.395M | 2-4 p.m. | BHHS |
| 7 Nawthorne Road | Old Greenwich | $3.425M | 1-4 p.m. | Sotheby's |
| 52 Ridgeview Avneue | Greenwich | $3.4995M | 2-4 p.m. | BHHS |
| 55 Park Avenue | Old Greenwich | $3.595M | 2-4 p.m. | Coldwell Banker |
| 141 Milbank Avenue | Greenwich | $3.695M | 1-3 p.m. | Coldwell Banker |
| 41 Overlook Drive | Greenwich | $3.7M | 1-3 p.m. | Houlihan Lawrence |
| 1 Tower Lane | Old Greenwich | $3.925M | 1-3 p.m. | Houlihan Lawrence |
| 1 Macpherson Drive | Greenwich | $3.995M | 1-4 p.m. | Halstead |
| 50 Lockwood Avenue | Old Greenwich | $3.995M | 2-4 p.m. | Douglas Elliman |
| 291 Stanwich Road | Greenwich | $4.095M | 1-3 p.m. | Sotheby's |
| 8 Buckthorne Lane | Greenwich | $4.25M | 1-3 p.m. | Houlihan Lawrence |
| 16 Boulder Brook | Greenwich | $4.495M | 1-3 p.m. | Coldwell Banker |
| 3 Hill Road | Greenwich | $4.495M | 12-4 p.m. | Centric |
| 35 Beechcroft Road | Greenwich | $4.5M | 2:30-4 p.m. | Douglas Elliman |
| 280 Round Hill | Greenwich | $4.675M | 12-3 p.m. | Halstead |
| 25 Tomac Avenue | Old Greenwich | $4.995M | 1:30-2:30 p.m. | BHHS |
| 45 W. Brother Drive | Greenwich | $4.995M | 2-4 p.m. | Houlihan Lawrence |
| 31 Khakum Wood | Greenwich | $4.995M | 1-3 p.m. | Halstead |
| 10 W. Crossway | Old Greenwich | $4.995M | 1-3 p.m. | Houlihan Lawrence |
| 15 E. Point Lane | Old Greenwich | $4.995M | 1-3 p.m. | Halstead |
| 6 Khakum Drive | Greenwich | $5.1M | 1-3 p.m. | Sotheby's |
| 87 Doubling Road | Greenwich | $5.25M | 1-3 p.m. | Houlihan Lawrence |
| 777 Lake Avenue | Greenwich | $5.395M | 1-3 p.m. | Sotheby's |
| 38 Birch Lane | Greenwich | $5.995M | 1-3 p.m. | Coldwell Banker |
| 61 Byram Shore | Greenwich | $8.499M | 1-3 p.m. | Higgins Group |
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
Houlihan Lawrence Greenwich Search Properties
cell: 203-273-1034 View My Website
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