Greenwich, CT Residential Real Estate Blog, Analysis, and Clickable Open House List: December 19th-20th

Greenwich, CT Residential Real Estate Blog and Analysis: December 19th-20th

A weekly analysis brought to you by Greenwich Real Estate Guy.
www.greenwichrealestateguy.co

I apologize for the delay in getting this out to you. Today is my wife’s birthday and tomorrow is my son’s. I have kept everything the same but have updated open house list. Happy Holidays and my next report will be in three weeks after the New Year.
As many of you know I believe it is important to tell the story of a house, so that one can learn more about what the previous owners enjoyed about living in the home etc. I think the write up on the above featured 5 Lockwood Drive in Old Greenwich does just that.
It was love at first sight for the owners of this 4 bedroom “storybook” colonial, nestled on a quiet lane in Old Greenwich, within walking distance to the village, school, and train. The house had the charm, allure, and lifestyle that somehow made the move from the hustle and bustle of the city - “meant to be.” With a 2013 renovation, including kitchen, master bath, a high-efficiency Fujitsu HVAC system, built-in cabinetry, and more improvements than can be mentioned here, this home sparkles more than ever. A huge living room with gas fireplace, an open kitchen/family room with wood-burning fireplace, a great entertaining patio and wonderful backyard all provides a lifestyle that is as picture perfect as this home. Let the next story be yours!

The home is 4 bedrooms with 2 and one half baths and sits on .12 of an acre. The house is listed at $1.695M.
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. If easier, feel free to just email me your 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 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 20th Below are the 21 Open Houses this Sunday:
Street NameAreaList PriceTimeListing Office

70 Riverdale #903Greenwich$4.5K1-3:30 p.m.Coldwell Banker

56 Milbank #2Greenwich$18.5K1-3 p.m.Coldwell Banker

106 Putnam ParkGreenwich$75K1-3 p.m.Laurel Properties

70 Riverdale #1001Greenwich$773K1-4 p.m.Coldwell Banker

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

70 Riverdale #701Greenwich$854K1-4 p.m.Coldwell Banker

1 Cary RoadRiverside$865K1-3 p.m.Davenport

11 Old Kings HighwayOld Greenwich$925K2-4 p.m.Weichert

365 Round HillGreenwich$1.525M1-3 p.m.Davenport

65 Fairfield RoadGreenwich$1.595M1-3 p.m.Raveis

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

22 Arnold StreetOld Greenwich$2.095M2-4 p.m.Douglas Elliman

11 Pintail LaneGreenwich$2.15M2-4 p.m.Houlihan Lawrence

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

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

294 Round HillGreenwich$3.495M1-3 p.m.Douglas Elliman

56 Milbank #2Greenwich$3.895M1-3 p.m.Coldwell Banker

3 Gisborne PlaceOld Greenwich$3.95M1-3 p.m.Coldwell Banker

303 Milbank AvenueGreenwich$6.4M1-4 p.m.Coldwell Banker

Best,

Jared Randall Join my Mailing List

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Mortgage Information

There are two individuals I feel most confident about when it comes to home mortgages. One in Manhattan and one in Greenwich. They are Jeff Ihrig of First Republic in Manhattan, and in Greenwich I prefer Treena David-Chirico of Wells Fargo NMLSR ID 404288.

Jeff can be reached at 646-372-5181. Treena’s phone number is 203-618-3923. You can go to her website to input your specific information to receive rates. Her website is www.wfhm.com/treena-david-chirico.