About Me

 

 Jared G Randall

Houlihan Lawrence

100 West Putnam Avenue

Greenwich, CT 06830

Cell:    203-273-1034

Office: 203-869-0700 x40250

email: jrandall@HoulihanLawrence.com

 

 

Sunday
Jun232019

greenwich Real Estate Guy's Blog: June 16th Open House List and Riverside Market Report

The Greenwich Real EstateGuy's Blog: June 16th Open House List and Riverside Market Report
A weekly analysis brought to you by Greenwich Real Estate Guy.
 
Happy Father's Day.  Pictured above is 62-68 Sound View PHW, priced at $3.495M three bedrooms, and three full with one half bath.  The open house will be 11:30-1:30 p.m. on Sunday.
BEACON HILL 2 NEW CONSTRUCTION - THE ONLY 3 BEDROOM UNIT LEFT - Downtown Greenwich's finest quality new construction residence reflects a sense of modern living that's as impressive as its location. This new luxury community offers a lifestyle unique to Greenwich complete with concierge, fitness center and only steps from Greenwich Avenue shops, restaurants, theaters and Metro North Train station. Every residence features open floor-plans and light filled entertaining spaces with fabulous Long Island Sound views and private terraces.

Here is a market update on the Riverside Elementary school market as of today:
Some stats and thoughts on this micro-market:
  • Only 17 homes have sold here this year, a 37% decline from last year.
  • Median prices are +5% at $2.45M; Average price are -29% at $2,327,695.
  • No homes have sold for $4M+ this year vs. 5 units a year ago.
  • Average DOM = 180 days.
  • Sold Price/Original List Price Ratio: 90%
  • Sold Price/List Price Ratio: 95%
  • Average Sold Price Per Square Foot: $543
  • Total closed $$ volume: $39,570,822, a 55% decline from last year.
  • 2019 YTD Sold Price/Assessment (70%) Factor: 1.4x 
  • Inventory is -2.6% with 75 homes for sale.
  • Pending Deal Activity is -22% with 14 homes in contract.
Interesting to note that while there have been no sales higher than $4M yet this year there are 13 actives and 1 pending deal in the $4M+ category.  Slow dynamic.

Not surprisingly, the best performing price range here is the $1m-$2m range with an uptick in pending deals and a modest increase is solds.


There are 53 Open Homes this Sunday.
Street Name Area List Price Time Listing Office
28 Woodland Drive #B Greenwich $5.5K 1-3 p.m. Gen Next
87 Lake Avenue Greenwich $7.5K 1-4 p.m. Houlihan Lawrence
1525 E Putnam #301 Old Greenwich $319K 12-2 p.m. Sotheby's
139 Putnam Park Greenwich $445K 2-4 p.m. Sotheby's
69 Putnam Park Greenwich $480K 2-4 p.m. Raveis
453 E. Putnam #1D Cos Cob $620K 1-3 p.m. Marr and Caruso
1 Scott Lane Greenwich $725K 2:30-4:30 p.m. Coldwell Banker
2 Cos Cob Avenue #R Cos Cob $749K 1-3 p.m. Raveis
60 Valley Road #B Cos Cob $7540K 2-4 p.m. Coldwell Banker
5 Grove Street Cos Cob $875K 11-1  p.m. Coldwell Banker
80 N. Sound Beach Riverside $899.9K 2-4 p.m. Keller Williams
28 Woodland Drive #B Greenwich $965K 1-3 p.m. Gen Next
10 Ridge Road Cos Cob $990K 1-3 p.m. Coldwell Banker
9 Mavis Lane Greenwich $1M 1-3 p.m. David Ogilvy
60 Sound Beach Old Greenwich $1.05M 11-1  p.m. Douglas Elliman
360 Cognewaugh Road Cos Cob $1.095M 2-4 p.m. Coldwell Banker
31 Mallard Drive Greenwich $1.15M 1-3 p.m. Sotheby's
99 Loughlin Avenue Cos Cob $1.169M 1-3 p.m. Sotheby's
31 Scott Lane Greenwich $1.195M 12-2 p.m. Coldwell Banker
65 Stonehedge Drive Greenwich $1.395M 1-3 p.m. Sotheby's
1 Mansion Place Greenwich $1.395M 12-3 p.m. Raveis
87 Lake Avenue Greenwich $1.495M 1-4 p.m. Houlihan Lawrence
12 Hendrie Drive Old Greenwich $1.499M 12-2 p.m. Houlihan Lawrence
1 Lia Fail Way Cos Cob $1.545M 2-4 p.m. Coldwell Banker
24 Maher Avenue Greenwich $1.55M 2-4 p.m. Douglas Elliman
19 Old Stone Bridge Cos Cob $1.595M 2-4 p.m. Park Allyn
27 Edgewater Drive Old Greenwich $1.599M 1-3 p.m. Sotheby's
95 Bowman Drive Greenwich $1.625M 1-3 p.m. Halstead
5 Finney Knoll Lane Riverside $1.65M 2-4 p.m. BHHS
55 Burning Tree Greenwich $1.699M 2-4 p.m. Houlihan Lawrence
6 Sandy Lane Greenwich $2M 2-4 p.m. Douglas Elliman
39 North Ridge Old Greenwich $2.195M 1-3 p.m. Sotheby's
1 Ford Lane Old Greenwich $2.248M 12-4 p.m. BHHS
10 Edgewood Drive #3B Greenwich $2.295M 2-4 p.m. Sotheby's
97 E. Elm Street Greenwich $2.295M 2-4 p.m. Houlihan Lawrence
100 Cat Rock Road Cos Cob $2.475M 12-7 p.m. Coldwell Banker
62-68 Sound View #2S Greenwich $2.495M 11:30-1:30 p.m. Houlihan Lawrence
33 Wesskum Wood Riverside $2.495M 1-3 p.m. Sotheby's
9 Stallion Trail Greenwich $2.699M 1-3 p.m. Redfin
102 Hendrie Avenue Riverside $2.875M 1-3 p.m. Halstead
18 Baldwin Farms S  Greenwich $2.899M 1-3 p.m. Coldwell Banker
1 Lismore Lane Greenwich $3.15M 12-2 p.m. Coldwell Banker
67 Maher Avenue Greenwich $3.199M 1-3 p.m. Douglas Elliman
62-68 Sound View PHW Greenwich $3.495M 11:30-1:30 p.m. Houlihan Lawrence
141 Milbank Avenue West Greenwich $3.499M 2-4 p.m. Coldwell Banker
613 Round Hill Road Greenwich $3.5M 2-4 p.m. Coldwell Banker
141 Milbank Avenue Greenwich $3.599M 2-4 p.m. Coldwell Banker
291 Stanwich Road Greenwich $3.7M 1-3 p.m. Sotheby's
25 Tomac Avenue Old Greenwich $4.595M 1-3 p.m. Halstead
28 Turner Drive Greenwich $6.78M 2-4 p.m. Sotheby's
19 Meadow Drive Greenwich $12.795M 1-3 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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