Sunday
Apr282019
Greenwich Real Estate Guy's Blog: First Quarter Market Report and April 14th Open House List
Jared Randall|
The Greenwich Real Estate Guy's Blog: 2019 First Quarter Market Report and April 14th Open House List
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| A weekly analysis brought to you by Greenwich Real Estate Guy. |
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I will be hosting an open house at 62-68 Sound View from 2-4 p.m. on Sunday. Pictured above is the First Quarter Market Report.
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 123 Open Homes this Sunday.
| Street Name | Area | List Price | Time | Listing Office |
| 7 River Road #306 | Cos Cob | $3.65K | 1-3 p.m. | Coldwell Banker |
| 75 Long Meadow Road | Riverside | $6K | 1-3 p.m. | Gen Next |
| 44 Summit Road | Riverside | $8.8K | 1-3 p.m. | Houlihan Lawrence |
| 12 Ricki Beth Lane | Old Greenwich | $8.995K | 3:30-5:30 p.m. | BHHS |
| 10 Andrews Road | Greenwich | $24K | 1-3 p.m. | Houlihan Lawrence |
| 50 Lafayette Place #1L | Greenwich | $379K | 1-3 p.m. | Coldwell Banker |
| 155 Putnam Park | Greenwich | $470K | 1-3 p.m. | Sotheby's |
| 69 Putnam Park | Greenwich | $480K | 2-4 p.m. | Raveis |
| 139 Putnam Park | Greenwich | $485K | 1-3 p.m. | Sotheby's |
| 1465 E. Putnam #517 | Old Greenwich | $530K | 12-2 p.m. | Raveis |
| 148 Putnam Park | Greenwich | $530K | 2-4 p.m. | Coldwell Banker |
| 333 Palmer Hill #2F | Riverside | $545K | 1-3 p.m. | Sotheby's |
| 7 River Road #303 | Cos Cob | $646K | 2-4 p.m. | Higgins Group |
| 453 E. Putnam #1D | Cos Cob | $650K | 1-3 p.m. | Marr and Caruso |
| 11 River Road #107 | Cos Cob | $685K | 1-3 p.m. | Coldwell Banker |
| 11 River Road #116 | Cos Cob | $739K | 1-3 p.m. | Houlihan Lawrence |
| 55 Mary Lane | Riverside | $774K | 1-3 p.m. | Houlihan Lawrence |
| 50 Laddins Rock | Old Greenwich | $775K | 1-3 p.m. | Raveis |
| 40 Ettl Lane #11 | Greenwich | $779K | 1-3 p.m. | Sotheby's |
| 188 Henry Street #B | Greenwich | $849K | 1-3 p.m. | Coldwell Banker |
| 41 Sound Beach | Old Greenwich | $925K | 1-3 p.m. | Coldwell Banker |
| 89 Loughlin Avenue | Cos Cob | $925K | 1-3 p.m. | Five Corners |
| 80 N. Sound Beach | Riverside | $938.9K | 1-4 p.m. | Keller Williams |
| 25 Meadow Drive | Cos Cob | $959K | 12-2 p.m. | BHHS |
| 17 Mallard Drive | Greenwich | $969K | 1-3 p.m. | Sotheby's |
| 13 Hickory Drive | Greenwich | $995K | 1-3 p.m. | BHHS |
| 37 Barton Lane | Cos Cob | $998K | 2-4 p.m. | Houlihan Lawrence |
| 360 Cognewaugh Road | Cos Cob | $1.095M | 1:30-3:30 p.m. | Coldwell Banker |
| 14 Neil Lane | Riverside | $1.0975M | 1-3 p.m. | Coldwell Banker |
| 43 Almira Drive | Greenwich | $1.145M | 2:30-4:30 p.m. | Raveis |
| 75 Long Meadow Road | Riverside | $1.149M | 1-3 p.m. | Gen Next |
| 105 Hamilton Avenue | Greenwich | $1.195M | 1-3 p.m. | Sotheby's |
| 180 Bible Street | Cos Cob | $1.195M | 2-4 p.m. | Sotheby's |
| 99 Loughlin Avenue | Cos Cob | $1.199M | 1-3 p.m. | Sotheby's |
| 101 Lewis Street #J | Greenwich | $1.2M | 1-3 p.m. | BHHS |
| 179 Connecticut Avenue | Greenwich | $1.25M | 1-3 p.m. | Coldwell Banker |
| 66 Bruce Park Drive | Greenwich | $1.25M | 1-3 p.m. | Sotheby's |
| 37 Fairway Lane | Greenwich | $1.26M | 2-4 p.m. | Coldwell Banker |
| 1 Rockview Drive | Greenwich | $1.295M | 1-3 p.m. | Halstead |
| 36 Valleywood Road | Cos Cob | $1.299M | 1-3 p.m. | BHHS |
| 240 Palmer Hill Road | Old Greenwich | $1.325M | 1-3 p.m. | Sotheby's |
| 1 Tait Road | Old Greenwich | $1.35M | 1-3 p.m. | BHHS |
| 28 Revere Road | Riverside | $1.395M | 1-3 p.m. | Houlihan Lawrence |
| 25 Harkim Road | Greenwich | $1.398M | 2-4 p.m. | Anderson Associates |
| 17 Taylor Drive | Cos Cob | $1.399M | 2-4 p.m. | Houlihan Lawrence |
| 224 Lyon Farm | Greenwich | $1.399M | 1-3 p.m. | Houlihan Lawrence |
| 64 N. Hawthorne | Greenwich | $1.495M | 1-2:30 p.m. | Sotheby's |
| 67 Prospect Street | Greenwich | $1.549M | 12-2 p.m. | Compass |
| 22 Indian Field Road | Greenwich | $1.55M | 1-3 p.m. | BHHS |
| 40 Crescent Road | Riverside | $1.575M | 1-3 p.m. | BHHS |
| 115 Dingletown Road | Greenwich | $1.595M | 1-4 p.m. | Coldwell Banker |
| 120 Hillcrest Park | Cos Cob | $1.595M | 1-3 p.m. | Houlihan Lawrence |
| 2 Spruce Street | Riverside | $1.679M | 1-3 p.m. | Sotheby's |
| 20 Mohawk Lane | Greenwich | $1.695M | 1-3 p.m. | BHHS |
| 30 Spruce Street | Riverside | $1.695M | 1-3 p.m. | Coldwell Banker |
| 27 Edgewater Drive | Old Greenwich | $1.695M | 1-3 p.m. | Sotheby's |
| 17 Edgewater Drive | Old Greenwich | $1.75M | 1-3 p.m. | Halstead |
| 67 Stonehedge Drive | Greenwich | $1.785M | 1-4 p.m. | New England Land |
| 300 Riversville Road | Greenwich | $1.795M | 1-3 p.m. | Houlihan Lawrence |
| 46 Sawmill Lane | Greenwich | $1.795M | 1-3 p.m. | Houlihan Lawrence |
| 44 Summit Road | Riverside | $1.795M | 1-3 p.m. | Houlihan Lawrence |
| 6 Carpenters Brook | Greenwich | $1.875M | 12-2 p.m. | Douglas Elliman |
| 60 Lockwood Lane | Riverside | $1.895M | 1-4 p.m. | BHHS |
| 12 Ricki Beth Lane | Old Greenwich | $1.899M | 3:30-5:30 p.m. | BHHS |
| 6 Carissa Lane | Greenwich | $1.899M | 1-4 p.m. | Sotheby's |
| 145 Cognewaugh Road | Cos Cob | $1.95M | 12-2 p.m. | Douglas Elliman |
| 1361 King Street | Greenwich | $1.995M | 1-4 p.m. | Raveis |
| 108 Pecksland Road | Greenwich | $1.998M | 1-3 p.m. | BHHS |
| 108 Pecksland Road | Greenwich | $1.998M | 1-3 p.m. | BHHS |
| 552 River Road | Cos Cob | $2.025M | 2-4 p.m. | Coldwell Banker |
| 26 Nikitz Place | Old Greenwich | $1.095M | 1-3 p.m. | Houlihan Lawrence |
| 17 Lincoln Avenue | Greenwich | $2.1M | 1-4 p.m. | Sotheby's |
| 40 Lincoln Avenue | Greenwich | $2.115M | 2-4 p.m. | Houlihan Lawrence |
| 554 River Road | Cos Cob | $2.15M | 2-4 p.m. | Coldwell Banker |
| 207 Valley Road | Cos Cob | $2.15M | 1-3 p.m. | Sotheby's |
| 31 Lockwood Road | Riverside | $2.199M | 2-4 p.m. | Raveis |
| 66 Gregory Road | Cos Cob | $2.245M | 1-3 p.m. | Sotheby's |
| 66 Perkins Road | Greenwich | $2.245M | 1-3 p.m. | Halstead |
| 23 Stoney Ridge Lane | Riverside | $2.275M | 1-3 p.m. | BHHS |
| 6 Old Mill Road | Greenwich | $2.295M | 12:30-3 p.m. | Raveis |
| 11 Anthony Place | Riverside | $2.295M | 12-2 p.m. | Five Corners |
| 24 Nimitz Place | Old Greenwich | $2.295M | 1-3 p.m. | Houlihan Lawrence |
| 53 Park Avenue | Old Greenwich | $2.299M | 2-4 p.m. | Houlihan Lawrence |
| 39 Bedford Road | Greenwich | $2.35M | 1-3 p.m. | Coldwell Banker |
| 2 Old Church Road #2 | Greenwich | $2.35M | 2-4 p.m. | Raveis |
| 591 Lake Avenue | Greenwich | $2.495M | 1-3 p.m. | Sotheby's |
| 84 Circle Drive | Greenwich | $2.498M | 1-3 p.m. | Houlihan Lawrence |
| 54 Glenville Road | Greenwich | $2.595M | 2-4 p.m. | Houlihan Lawrence |
| 2 Buxton Lane | Riverside | $2.595M | 2-4 p.m. | Centric |
| 28 Tomac Avenue | Old Greenwich | $2.6M | 1-3 p.m. | BHHS |
| 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 | 1-3 p.m. | Raveis |
| 23 Annjim Drive | Greenwich | $2.65M | 2-4 p.m. | Douglas Elliman |
| 100 Hendrie Avenue | Riverside | $2.825M | 12-2 p.m. | Centric |
| 102 Hendrie Avenue | Riverside | $2.875M | 1-3 p.m. | Halstead |
| 216 Byram Shore | Greenwich | $2.995M | 1-3 p.m. | Raveis |
| 39 Hearthstone Drive | Riverside | $3.095M | 1-3 p.m. | Centric |
| 314 N. Maple Avenue | Greenwich | $3.2M | 1-3 p.m. | David Ogilvy |
| 123 Maple Avenue | Greenwich | $3.235M | 1-3 p.m. | Houlihan Lawrence |
| 2 Old Church Road #3 | Greenwich | $3.25M | 2-4 p.m. | Raveis |
| 11 Dialstone Lane | Riverside | $3.295M | 12-2 p.m. | Five Corners |
| 62-68 Sound View | Greenwich | $3.495M | 2-4 p.m. | Houlihan Lawrence |
| 11 Plow Lane | Greenwich | $3.595M | 1-3 p.m. | Coldwell Banker |
| 26 Glen Avon Drive | Riverside | $3.599M | 1-3 p.m. | Raveis |
| 30 Stanwich Road | Greenwich | $3.895M | 2-4 p.m. | Douglas Elliman |
| 1 Tower Lane | Old Greenwich | $3.925M | 1-3 p.m. | Houlihan Lawrence |
| 75 Buckfield Lane | Greenwich | $3.945M | 1-3 p.m. | Sotheby's |
| 50 Lockwood Avenue | Old Greenwich | $3.995M | 2-4 p.m. | Raveis |
| 79 Dingletown Road | Greenwich | $4.295M | 1-3 p.m. | Coldwell Banker |
| 10 Andrews Road | Greenwich | $4.325M | 1-3 p.m. | Houlihan Lawrence |
| 75 Oneida Drive | Greenwich | $4.35M | 1-3 p.m. | Sotheby's |
| 135 Doubling Road | Greenwich | $4.395M | 1-3 p.m. | Houlihan Lawrence |
| 16 Boulder Brook | Greenwich | $4.495M | 1-3 p.m. | Coldwell Banker |
| 280 Round Hill | Greenwich | $4.675M | 12-3 p.m. | Halstead |
| 27 Clapboard Ridge | Greenwich | $4.75M | 2:30-4 p.m. | Douglas Elliman |
| 25 Tomac Avenue | Old Greenwich | $4.995M | 1-3:30 p.m. | BHHS |
| 31 Khakum Wood Road | Greenwich | $4.995M | 1-3 p.m. | Halstead |
| 30 Club Road | Riverside | $5.099M | 2-4 p.m. | BHHS |
| 78 Rockwood Lane | Greenwich | $5.65M | 1-3 p.m. | Halstead |
| 61 Byram Shore Road | Greenwich | $8.499M | 1-4 p.m. | Higgins Group |
| 19 Meadow Drive | Greenwich | $12.795M | 12-2 p.m. | Sotheby's |
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.
Best,
Jared Randall Join my Mailing List
Houlihan Lawrence Greenwich Search Properties
cell: 203-273-1034 View My Website
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