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
Aug182019

Greenwich Real Estate Guy's Blog: August 11th Open House List

The Greenwich Real Estate Guy's Blog: August 11th Open House List 
A weekly analysis brought to you by Greenwich Real Estate Guy.
 

 

 

The above picture is 10 Andrews Road.  The house is 9,055 s.f. with six bedrooms, six full baths, and two half baths.  The home was built in 2007 and priced at $4.325M.  The open house is from 1-3 p.m.
Idyllic, close to town location offers extraordinary six-bedroom shingle style home on 1.66 acres with pool, spa, and waterfall bordering Wolf Pond. The stylish interior showcases architectural details and luxurious finishes with French doors in main rooms that unfold to terraces overlooking the water. Granite-clad chef's kitchen opens to breakfast area and family room with fireplace. Dining room with butler's pantry, wine room; living room with fireplace; and office. A two-sided fireplace anchors the master suite with a sitting room, balcony, spa bath, and walk-in closets. Three bedrooms, two baths, media/bonus room, and laundry room reside on the second level. An office; gym in a rotunda with cupola; deck, two bedrooms and bath comprise the top floor. 3-car garage.
Here is our 2nd Quarter Market Report.  As you can see the market is still a trying market for sellers, where pricing and value are the two deciding factors.
There's something for everyone to enjoy in Greenwich, Connecticut during our summer months. The Town of Greenwich operates an 18-hole golf course, numerous tennis courts, a beautiful new pool, pristine beaches and even seasonal ferry service to Island Beach Park and Great Captains Island for residents. If that's not enough we have spacious inland and coastal parks for hiking, riding horses and mountain biking.

The summer, however, tends to be quieter in real estate. While we saw a modest improvement in market conditions in the second quarter it wasn't enough to erase the losses from the previous quarter. Home sales dropped 12% year over year in Q2. A weak NYC market, the impact of recent tax reforms and a perception that the market has more room to decline has kept some buyers patiently on the sidelines. Those that have stepped up and are making offers are getting value-driven deals done.
What catches a buyer's attention today? Strategic initial pricing plays a key role in reducing days on market and maximizing a selling price. In 2019, it's taken, on average, more than 230 days to sell a home. However, when a home is priced in a way that doesn't require a reduction to sell the average days on market falls to just 80 days. With inventory on the rise, it is more important than ever to price leaner than the competition. Condition also plays a critical role in attracting buyers today. Buyers are doing their initial home tours online and a seller can run the risk of rejection before the buyer even physically visits a home. Savvy sellers have noticed and are sprucing up their homes and often staging them to get more online clicks, showings and offers.
Among the highlights from the second quarter was a nearly 40% jump in the geography North of the Merritt Parkway. Buyers have taken notice of price declines here and stepped in to take advantage of the value propositions. Mid-Country Greenwich also experienced a nearly 8% increase in home sales last quarter. Value is proving to dictate where the buyers perform.
We are grateful to our world class agents and loyal clients who have made Houlihan Lawrence retain our leadership position in Greenwich, Connecticut for more than four and a half years. Thank you.



There are 70 Open Homes this Sunday.  
    
Street Name Area List Price Time Listing Office
50 Laddins Rock Old Greenwich $3.95K 2-4 p.m. Raveis
6 Old Mill Road Greenwich $8.5K 12-3 p.m. Raveis
12 Ricki Beth Lane Old Greenwich $8.7K 2:30-4:30 p.m. BHHS
2 Buxton Lane Riverside $10.5K 2:30-4 p.m. Centric
190 Putnam Park Greenwich $378.8K 12-2 p.m. Raveis
98 Valley Road #11 Cos Cob $439K 1-3 p.m. Houlihan Lawrence
69 Putnam Park Greenwich $449K 2-4 p.m. Raveis
7 River Road #309 Cos Cob $629K 1-3 p.m. Douglas Elliman
50 Laddins Rock Old Greenwich $695K 2-4 p.m. Raveis
19 Le Grande #15 Greenwich $695K 1-3 p.m. Houlihan Lawrence
60 Valley Road #B Cos Cob $699K 2-4 p.m. Coldwell Banker
456 Valley Road Cos Cob $699K 1-3 p.m. Raveis
104 Greenwich Hills Greenwich $724K 1-4 p.m. Raveis
70 Riverdale #1004 Greenwich $749K 1-3 p.m. Halstead
10 Fairfield Avenue #A Old Greenwich $785K 2-4 p.m. e
500 River Road #11 Cos Cob $844K 1-3 p.m. BHHS
89 Loughlin Avenue Cos Cob $899K 12-2 p.m. Five Corners
37 Barton Lane Cos Cob $945K 1-3 p.m. BHHS
625 Lyon Farm Greenwich $975K 1-3 p.m. BHHS
49 Indian Harbor #3 Greenwich $989K 1-3 p.m. Coldwell Banker
66 Valleywood Road Cos Cob $1.098M 1-3 p.m. Halstead
31 Mallard Drive Greenwich $1.1M 1-3 p.m. Sotheby's
500 River Road #17 Cos Cob $1.125M 2-4 p.m. Coldwell Banker
19 Field Road Cos Cob $1.125M 1-3 p.m. William Pitt Sotheby's
51 Forest Avenue #95 Old Greenwich $1.1999M 2-4 p.m. Douglas Elliman
15 Mansion Place Greenwich $1.25M 1-3 p.m. Coldwell Banker
11 Ricki Beth Lane Old Greenwich $1.49.95M 1-3 p.m. Sotheby's
1 Lia Fail Way Cos Cob $1.545M 2-4 p.m. Coldwell Banker
115 Dingletown Road Greenwich $1.55M 1-4 p.m. BHHS
22 Sumner Road Greenwich $1.574M 1-3 p.m. Coldwell Banker
7 Lia Fail Way Cos Cob $1.595M 2-4 p.m. Houlihan Lawrence
60 Lockwood Lane Riverside $1.695M 2-4 p.m. BHHS
218 Valley Road Cos Cob $1.75M 1-3 p.m. BHHS
12 Ricki Beth Lane Old Greenwich $1.799M 2:30-4:30 p.m. BHHS
6 Sandy Lane Greenwich $1.895M 2-4 p.m. Douglas Elliman
6 Old Mill Road Greenwich $1.95M 12-3 p.m. Raveis
6 Old Mill Road Greenwich $1.95M 12-3 p.m. Raveis
233 Milbank Avenue #3 Greenwich $1.995M 1-4 p.m. Houlihan Lawrence
56 Sherwood Avenue Greenwich $1.995M 12-3 p.m. BHHS
23 Woodland Drive #B Greenwich $1.995M 2-4 p.m. Coldwell Banker
4 Orchard Street Cos Cob $2.095M 2-4 p.m. Miha Zajec
4 Orchard Street Cos Cob $2.095M 2-4 p.m. Miha Zajec
165 Lake Avenue Greenwich $2.15M 2-4 p.m. Houlihan Lawrence
350 Riversville Road Greenwich $2.15M 11-1 p.m. Coldwell Banker
39 North Ridge Road Old Greenwich $2.195M 1-3 p.m. Sotheby's
6 Hemlock Drive Greenwich $2.195M 12-2 p.m. BHHS
49 Lockwood Lane Riverside $2.29M 1-3 p.m. Houlihan Lawrence
4 Brookside Park Greenwich $2.295M 1-3 p.m. Houlihan Lawrence
25 Woodland Drive #C Greenwich $2.395M 2-4 p.m. Coldwell Banker
900 Lake Avenue Greenwich $2.475M 1-3 p.m. Coldwell Banker
82 Lockwood Road Riverside $2.495M 1-3 p.m. Coldwell Banker
237 Lake Avenue Greenwich $2.495M 2-4 p.m. Sotheby's
2 Buxton Lane Riverside $2.595M 2:30-4 p.m. Centric
67 Maher Avenue Greenwich $2.895M 12:30-2:30 p.m. Douglas Elliman
378 Taconic Road Greenwich $2.95M 2-4 p.m. Coldwell Banker
282 Taconic Road Greenwich $2.95M 1-3 p.m. Coldwell Banker
11 Dialstone Lane Riverside $2.995M 12-2 p.m. Five Corners
7 Nawthorne Road Old Greenwich $2.995M 2-4 p.m. Sotheby's
19 Andrews Road Greenwich $3.299M 2-4 p.m. William Pitt Sotheby's
141 Milbank West Greenwich $3.399M 1-3 p.m. Coldwell Banker
52 Ridgeview Avenue Greenwich $3.495M 1-3 p.m. BHHS
141 Milbank Avenue Greenwich $3.499M 1-3 p.m. Coldwell Banker
291 Stanwich Road Greenwich $3.7M 1-3 p.m. Sotheby's
57 Partridge Hollow Greenwich $3.795M 10-2 p.m. Sotheby's
3 Hill Road Greenwich $4.095M 2-4 p.m. Centric
8 Buckthorne Lane Greenwich $4.15M 1-3 p.m. Houlihan Lawrence
10 Andrews Road Greenwich $4.325M 1-3 p.m. Houlihan Lawrence
105 Parsonage Road Greenwich $5.995M 1-3 p.m. BHHS
141 Milbank Avenue Greenwich $6.9M 1-3 p.m. Coldwell Banker
7 Bryon Road Old Greenwich $6.995M 12-3 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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