Pictured above is 16 Dingletown Road. The home is listed as 10,000 s.f. It holds six bedrooms with six full baths and three half baths. The property is 1.63 acres in a one acre zone. The price is $6.3M and the open house is from 1-4 p.m.
Luxurious six-bedroom Shingle Style Home graces 1.63 acres with wraparound patio, grill, pool and spa bordered by conservation land at the end of a private lane. Beautifully appointed, sundrenched interior showcases high ceilings, dramatic double height entry hall, chef's eat-in kitchen open to stunning two story family room with floor to ceiling fireplace, both with patio access; fireplace in elegant living room, wood-paneled library with fireplace and outdoor fireplace on veranda; porch off guest suite and mudroom. Second floor highlights office with deck and secluded master suite with fireplaces in bedroom and bath, large walk-in closet. Walkout lower level boasts wine cellar, gym, home theater, second living room with fireplace and pool bath Attached 3-car garage with dog wash area.
The question I get asked most often is how is the market. Here is a little snapshot of the preliminary numbers as of February with a note from my Broker:
Home sales nearly doubled in February 2021 vs. the same month a year ago but sales declined modestly from January 2021. I suspect the 10% decline in sales from January to February was due more to the lack of inventory than a tapping of the brakes by buyers here. Based on the number of pricings I was aware of this and last week and activity at new listings it feels like the buyers remain ready to pounce.
There are 277 homes for sale in Greenwich, CT today, down from 513 a year ago - see attached Houlihan Lawrence Market Overview report. And while homes are selling with shorter DOM and closer to asking price, we are still seeing that price reductions and smart initial pricing play a major role in attracting offers.
Our brokerage market share data remain so impressive - both in terms of PENDING and CLOSED deals this year - see attached. Thank you! Your perseverance and laser focus on winning listings and delivering success to your clients continues Houlihan Lawrence's role as the most trusted real estate brand in Greenwich.
With the lack of inventory and the buyer demand increasing I believe these numbers will continue to increase. Remember that the first four months of last year the world came to a standstill so just about all of the increase has happened in last 6-8 months. The difficulty of writing a blog is how to give customized data for over 500 readers. That being said if you would like specific or customized data to your location or specific house please do not hesitate to email or call.
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Jared Randall
