Greenwich, CT Residential Real Estate Blog and Analysis: November 22nd-24th

Dear Greenwich,

As many of the subscribers may know, this blog/newsletter is posted on the Greenwich Patch every week. There was a mix up last week and it was posted after the weekend. Hence, I am keeping the featured property the same this week. The open house list is updated. Charts updated through end of October. Have a great Thanksgiving and enjoy your families.

The above pictured new construction home is located at 6 Lita Drive in Greenwich. There are not many opportunities to own a new construction in lower mid country close to town. Lita is a great cul-de-sac right off of North Street. I love the shingle style mixed with brick and the architecture of the home. However, what stood out was the inside. Soaring nine foot ceilings on the first and second floor, phenomenal chef’s kitchen with Wolf, Sub Zero, and Bosch appliances. The house has five bedrooms with four marble bathrooms with heated floors. The Master Suite has a balcony off of it as well as great walk in dressing room. The listing price is $3.65M. There will be an open house at 6 Lita from 2-4 p.m. on Sunday.

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.

Q3 Greenwich Market Report

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

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 AvailableIn 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 November 22nd Below are the 74 Open houses for Sunday.

Street NameAreaList PriceTimeListing Office

29 Summit RoadRiverside$5K1-3 p.m.Raveis

12 Heusted DriveOld Greenwich$8K2-4 p.m.Halstead

28 Wooddale RoadGreenwich$9.5K1-3 p.m.Halstead

58 Connecticut AvenueGreenwich$12.5K1-4 p.m.Halstead

212 Taconic RoadGreenwich$15.5K1-3 p.m.Sotheby’s

147 Putnam ParkGreenwich$485K2-4 p.m.Raveis

3 Putnam Hill #4AGreenwich$525K1-3 p.m.Coldwell Banker

119 Spruce StreetGreenwich$555K2-4 p.m.Dougal Elliman

302 River RunGreenwich$595K2-4 p.m.BHHS

17 Le Grande #7Greenwich$770K1-3 p.m.Sotheby’s

104 Greenwich HillsGreenwich$799K1-3 p.m.BHHS

70 Riverdale #903Greenwich$845K1-3;30 p.m.Coldwell Banker

69 Riverdale #302Greenwich$849K1-4 p.m.Coldwell Banker

46 Rockmere AvenueOld Greenwich$849K1-4 p.m.Coldwell Banker

50 Church Street #2Greenwich$849.5K1-3 p.m.Coldwell Banker

70 Riverdale #701Greenwich$859K1-4 p.m.Coldwell Banker

15 Stone BrookCos Cob$1.195M11-2 p.m.Weichert

36 Sherwood AvenueGreenwich$1.199M1-3 p.m.Anderson Associates

4 Bowman DriveGreenwich$1.249M2-4 p.m.Coldwell Banker

29 Summit RoadRiverside$1.25M1-3 p.m.Raveis

31 N Hawthorne StreetGreenwich$1.395M2-4 p.m.Sotheby’s

360 Cognewaugh RoadCos Cob$1.445M12-3 p.m.BHHS

29 Indian Mill RoadCos Cob$1.595M1-4 p.m.Sotheby’s

178 Milbank #BGreenwich$1.65M1-3 p.m.Coldwell Banker

108 Glenville RoadGreenwich$1.67M1:30-3 p.m.DMK Real Estate

79 Connecticut AvenueGreenwich$1.795M1-4 p.m.Sotheby’s

12 Heusted DriveOld Greenwich$1.795M2-4 p.m.Halstead

24 Nutmeg DriveGreenwich$1.895M1-3 p.m.BHHS

1 White Birch LaneCos Cob$1.945M12:30-2:30Dougal Elliman

15 Dartmouth RoadCos Cob$1.945M1-3 p.m.Sotheby’s

33 Pleasant StreetRiverside$1.999M1-4 p.m.BHHS3

11 Cognewaugh RoadCos Cob$2.175M12-3 p.m.Weichert

28 Upland DriveGreenwich$2.275M1-3 p.m.Sotheby’s

11 Riversville RoadGreenwich$2.295M1-3 p.m.Douglas Elliman

39 Midbrook LaneOld Greenwich$2.395M2-4 p.m.Raveis

16 Roosevelt AvenueOld Greenwich$2.395M1-3 p.m.Halstead

215 Shore RoadGreenwich$2.395M1-3 p.m.Houlihan Lawrence

93 Summit RoadRiverside$2.395M1-3 p.m.Sotheby’

s101 Lockwood RoadRiverside$2.45M12-3 p.m.Coldwell Banker

53 Lockwood AvenueOld Greenwich$2.45M1-3 p.m.Sotheby’s

300 Stanwich RoadGreenwich$2.495M1-3 p.m.Sotheby’s

5 Lia FailCos Cob$2.495M1-3 p.m.Sotheby’s

58 Connecticut AvenueGreenwich$2.495M1-4 p.m.Halstead

34 Spruce StreetRiverside$2.5M2-4 p.m.Sotheby’s

130 Havemeyer PlaceGreenwich$2.695M1-3 p.m.Sotheby’s

64 Butternut HollowGreenwich$2.795M2-4 p.m.Raveis

3 Dewart RoadGreenwich$2.95M2-4 p.m.David Ogily

44 Doubling RoadGreenwich$2.975M1-3 p.m.Sotheby’s

44 Doubling Road Land Greenwich$2.975M1-3 p.m.Sotheby’s

17 Winterset RoadGreenwich$3M2-4 p.m.Ravei

s83 Sawmill LaneGreenwich$3.1M1-3 p.m.Sotheby’s

150 Riverside AvenueRiverside$3.18M1-3 p.m.Sotheby’s

50 Lockwood AvenueOld Greenwich$3.25M11-1:30 p.m.Raveis

50 Lockwood Land Old Greenwich$3.25M11-1:30 p.m.Raveis

35 Lockwood RoadRiverside$3.275M1-3 p.m.Houlihan Lawrence
...

Best, Jared Randall

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