Real Estate
Greenwich, CT Residential Real Estate Blog and Analysis:
A weekly analysis brought to you by the Greenwich Real Estate Guy.

Dear Greenwich
The statistics for December are still being compiled. The open house list is updated for Sunday. Rarely, are there opportunities to own brand new construction in the Riverside Elementary school district. The above pictured 42 Hendrie Avenue is just that located a stone’s throw from Riverside Elementary and Eastern Middle School. It is listed at $2.595M. There will be an open house from 2-4 p.m. on Sunday, December 5th. I believe the listing agent (Gila Lewis) did a great job when writing up the listing:
This brand new construction is ready for you to enjoy the Riverside lifestyle close to schools and train. A wonderful open floor plan with traditional design elements and 4 spacious bedrooms includes master suite with fireplace, huge finished lower level with enormous playroom, full bath and bonus room that could be movie theater, gym or wine cellar. The house was built to be almost maintenance free, with state-of-the art materials, an efficient Buderas boiler as well as amenities like AV system with speakers inside & out. All this and a wonderful entertaining deck overlooking the backyard. Move-in ready.
I have invested in my own MLS portal for individuals to set up their own custom searches. This way people can follow their specific search by area, school, price point, lot size, s.f. etc. Feel free to search properties. For a customized search click the gray arrows and you can edit the fields. For example, it is currently populated with all properties clicked. You can just click Residential then click type, area, and price range, and you can see what is available in your specific price range. After you have narrowed the search to your liking you can click “save this search” and you can set up your own portal, and receive emails as new properties come available. You can even track your favorites, and add notes or messages about properties. Or, you can just email me our parameters and I can set up a portal for you.
Find out what's happening in Greenwichfor free with the latest updates from Patch.
Please let me know if you would like me to provide customized information or statistics for you based on your criteria.
**The information on the featured property and all statistical information is from the Greenwich MLS.
**All opinions garnered from the statistics are my own
Properties Sold
Find out what's happening in Greenwichfor free with the latest updates from Patch.

The numbers for September and October are still pretty good comparatively. I feel from the amount of showings and feedback I am hearing from other agents that it seems slower than usual. I expect this to hit the date in 60-90 days.
New Listings 
We had 96 new listings in October which is on point with the last few years.
Year to Date Sold
Looking at these two graphs as well as the months on average can really guide you on the markets in your price range. As you can see the markets are a lot more competitive under $2M than over.Year to Date Available

In an effort to define the different markets as a good time to buy or sale I believe one needs to look at the months on average it would take to sell through the inventory we have. The first chart is the 2014 inventory vs. sold numbers. The second chart is inventory today vs. sold properties. Price Range1/31/142/28/143/28/144/25/145/16/147/31/1412/31/140-$500K10.26.07.06.15.55.63$500K-$1M9.78.69.08.78.65.23.7$1M-$1.5M5.59.58.910.37.86.44.4$1.5M-$2M814.513.618.417.8116.7$2M-$3M4.79.211.614.314.211.17$3M-$4M1113.111.814.214.510.49$4M-$5M11.98.913.114.422.117.718.4$5M-$7.5M20.732.039.55956.63225.1$7.5M-$10Mn/an/a71.55131.559.521.6$10M+22.427.242.022.733.829.935.2
Price Range2/28/153/30/154/30/155/31/156/30/157/31/159/21/150-$500K4.549.69.65.45.34.1$500K-$1M6.34.27.58.67.46.85.3$1M-$1.5M4.84.565.543.34.5$1.5M-$2M6.978.88.16.55.88$2M-$3M10.18141511.611.611.1$3M-$4M3120.525.525.316.213.124.3$4M-$5M54.326.630.327.317.215.523.6$5M-$7.5M49.130.234.631.723.820.930.2$7.5M-$10M20.43631.336.449.64737.7$10M+41.776.580.586103.1120.878
Open Houses for December 6th
Below are the 35 Open houses for Sunday.
Street NameAreaList PriceTimeListing Office
24 Shore RoadOld Greenwich$8K1-3 p.m.David Ogilvy
12 Heusted DriveOld Greenwich$8K1-3 p.m.Halstead
28 Wooddale RoadGreenwich$9.5K2-4 p.m.Halstead
7 Berrian PlaceGreenwich$699K1-3 p.m.Coldwell Banker
23 Wescott StreetRiverside$730K12-3 p.m.Halstead
46 Rockmere AvenueOld Greenwich$849K1-4 p.m.Coldwel
l30 Indian Field Road Greenwich$1.145M1-3 p.m.Sotheby’s
49 Indian Harbor #9Greenwich$1.175M1-3 p.m.Halstead
15 Stone Brook LaneCos Cob$1.195M11-3 p.m.Weichert
10 Lockwood DriveOld Greenwich$1.395M1-3 p.m.Coldwell Banker
365 Round Hill RoadGreenwich$1.525M1-3 p.m.Davenport
12 Heusted DriveOld Greenwich$1.795M1-3 p.m.Halstead
48 Locust RoadGreenwich$1.85M2-4 p.m.David Ogilvy
35 Duncan DriveGreenwich$1.895M1-4 p.m.BHHS
24 Nutmeg DriveGreenwich$1.895M1-3 p.m.BHHS
11 Riversville RoadGreenwich$2.295M1-3 p.m.Douglas Elliman
101 Lockwood RoadRiverside$2.45M1-3 p.m.Coldwell Banker
42 Hendrie AvenueRiverside$2.595M2-4 p.m.Houlihan Lawrence
16 Copper Beech RoadGreenwich$2.9M1-4 p.m.BHHS
3 Dewart RoadGreenwich$2.95M2-4 p.m.David Ogilvy
8 Patricia LaneCos Cob$2.975M1-4 p.m.BHHS
27 Chieftans RoadGreenwich$3M 1-3 p.m.Coldwell Banker
17 Winterset RoadGreenwich$3M1-3 p.m.Raveis
8 Dearfield DriveGreenwich$3.395M1-3 p.m.Raveis
34 Lenox DriveGreenwich$3.495M1-4 p.m.BHHS
400 Stanwich RoadGreenwich$3.549M1-3 p.m.Coldwell Banker
12 E Point LaneOld Greenwich$3.75M1-3 p.m.Raveis
28 Wooddale RoadGreenwich$3.85M2-4 p.m.Halstead
19 Desiree DriveGreenwich$3.995M1-3 p.m.David Ogilvy
8 Chapel LaneRiverside$4.175M1-3 p.m.BHHS
851 Lake AvenueGreenwich$4.695M1-4 p.m.BHHS
311 Stanwich RoadGreenwich$5.495M1-3 p.m.Coldwell Banker
68 Birch LaneGreenwich$6.295M1-3 p.m.Sotheby’s
291 Stanwich RoadGreenwich$6.495M1-3 p.m.Coldwell Banker
15 Andrews RoadGreenwich$8.77M1-3 p.m.Coldwell Banker
Best, Jared Randall