Greenwich Real Estate, Blog, Analysis, and Clickable Open House List; April 8th

Dear Patch Readers,

The above beautiful view is from 87 Orchard Drive in the Milbrook Association of Greenwich. There is190 feet of Lake front property on this .88 of an acre lot in Milbrook. The opportunities are endless, as one of the bigger lots in the association. The house has spectacular views from all of the main floor rooms, as well as two of the four bedrooms. The proximity to town, train, shopping, restaurants, and parks, while having the privacy of being in the Milbrook Association makes quite the combination. The home has four bedrooms, three full, and one half bath, and is listed as 3,162 s.f. The listing price is $2.495M.

February Monthly Report for Greenwich

February Monthly Report for Riverside

February Monthly Report for Old Greenwich

February Monthly Report for Cos Cob

Feel free to search properties. For a customized search or analysis feel free to email me your parameters and I can set up a portal for you. If, you know anyone who is looking to buy or sale in Greenwich, please do not hesitate to send me their contact information. I would be honored to help in anyway possible.

**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

We had 67 properties sell in February compared to 55 in February of 2015. Again over 20% of last year.

New Listings

We had 122 new listings in February compared to 95 last year also over 20% growth. So as we are seeing improvement in the amount of properties sold, we are seeing them in the lower price points, and we are also seeing the inventory growing as owners are hearing the market is improving.

Year to Date Sold

As you can see by the chart above as well as reading the market reports. The amount of transactions are up which is a great sign for the overall market. However, they are mostly in the lower price ranges. Hence you see a decrease in the median prices. This chart shows that through February 71% of all the properties sold are under $2M.Year to

Date Available

Comparing these two charts you see the difficulty in the market. 71% of the sold properties are under $2M. Yet, only 38% of the inventory is under $2M. So, if you are buying in that price range you are in a very competitive situation. Conversely, if you are selling in the higher price range you are also in a competitive situation with the inventory. This is where pricing and nicely the home shows becomes imperative.

Open Houses April 3rd Tone can see that the Spring market is in full effect. We have 97 open houses on Sunday.

Street NameAreaList PriceTimeListing Office71 Orchard Place #AGreenwich$7.2K1-3 p.m.Davenport Properties1465 Putnam #207Old Greenwich$312.5K1-3 p.m.Raveis75 Cos Cob Avenue #7Cos Cob$507.4K1-3 p.m.Relocation Group8 Cary RoadRiverside$545K1-3 p.m.Coldwell Banker40 Caroline PlaceGreenwich$650K1-3 p.m.Douglas Elliman66 Richland Road #3Greenwich$669K2-4 p.m.Coldwell Banker351 Pemberwick #202Greenwich$675K1-3 p.m.Coldwell Banker100 Strickland #9Cos Cob$679K1-3 p.m.Houlihan Lawrence351 Pemberwick #204Greenwich$687.5K1-3 p.m.Houlihan Lawrence100 Strickland #4Cos Cob$699K1-3 p.m.Coldwell Banker40 Strickland RoadCos Cob$845.5K1-3 p.m.Coldwell Banker7 Bolling PlaceGreenwich$910K1-3 p.m.Houlihan Lawrence10 Licata TerraceCos Cob$919K1-3 p.m.Houlihan Lawrence51 Forest Avenue #117Old Greenwich$964K1-4 p.m.J. Philip296 Round Hill RoadGreenwich$995K1-3 p.m.Houlihan Lawrence32 Maplewood DriveCos Cob$1.075M1-3 p.m.Sotheby's1 Stillview DriveGreenwich$1.075M1-4 p.m.Platinum Drive61 Gregory RoadCos Cob$1.15M1-4 p.m.BHHS149 Holly HillGreenwich$1.1559M3-5 p.m.Scott Kadison36 Sherwood AvenueGreenwich$1.179M1-3 p.m.Anderson Associates49 Greenway DriveGreenwich$1.19M2-4 p.m.Anderson Associates7 Alec Templeton LaneGreenwich$1.25M1-3 p.m.Higgins5 Corrigan LaneGreenwich$1.25M1-3 p.m.Raveis31 N. HawthorneGreenwich$1.2895M1-3 p.m.Abart Estate12 Davenport Avenue #1Greenwich$1.295M1-3 p.m.Relocation Group347 Riversville RoadGreenwich$1.295M1-4 p.m.Coldwell Banker20 Georgetowne NorthGreenwich$1.398M12-2:30 p.m.Scott Kadison4 North StreetCos Cob$1.399M1-3 p.m.Greenwich Realty13 Carriage RoadCos Cob$1.485M1-3 p.m.Houlihan Lawrence16 River LaneCos Cob$1.495M1-4 p.m.BHHS365 Round Hill RoadGreenwich$1.525M1-3 p.m.Davenport Properties451 CognewaughCos Cob$1.585M1-3 p.m.Sotheby's108 Glenville RoadGreenwich$1.59M1:30-3 p.m.DMK 186 Field Point #4AGreenwich$1.595M1-3 p.m.Douglas Elliman40 Sachem RoadGreenwich$1.599M2-4 p.m.Anderson Associates73 Taconic RoadGreenwich$1.649M1-3 p.m.Houlihan Lawrence71 Orchard Place #AGreenwich$1.65M1-3 p.m.Davenport Properties79 Connecticut AvenueGreenwich$1.695M1-3 p.m.Houlihan Lawrence70 Old Stone Bridge N.Cos Cob$1.699M1-4 p.m.Charles Paternina12 Old OrchardRiverside$1.765M1-3 p.m.Higgins3 Nutmeg DriveGreenwich$1.795M1-3 p.m.Weichert39 Orchard PlaceGreenwich$1.825M1-4 p.m.Sotheby's315 Field Point RoadGreenwich$1.849M1-4 p.m.BHHS62 Old Stone Bridge N.Cos Cob$1.925M1-4 p.m.Houlihan Lawrence15 Dartmouth RoadCos Cob$1.945M1-3 p.m.Sotheby's41 Riverside LaneRiverside$1.949M2-4 p.m.Sotheby's15 Bramble LaneRiverside$1.95M1-3 p.m.Coldwell Banker12 Randolph PlaceCos Cob$1.95M12-2 p.m.Coldwell Banker309 Round HillGreenwich$1.95M1-4 p.m.Sotheby's25 Linwood AvenueRiverside$1.999M1-3 p.m.Coldwell Banker12 Guinea RoadGreenwich$2.05M1-3 p.m.Sotheby's311 CognewaughCos Cob$2.075M12-3 p.m.Weichert18 Lexington #BGreenwich$2.395M2-4 p.m.Houlihan Lawrence12 Davenport AvenueGreenwich$2.495M1-3 p.m.Relocation Group443 North StreetGreenwich$2.65M12-2 p.m.Centric16 Copper BeechGreenwich$2.695M1-4 p.m.BHHS900 Lake AvenueGreenwich$2.85M2-4 p.m.Raveis27 Chieftans RoadGreenwich$2.85M12-3 p.m.Coldwell Banker11 Red Coat LaneGreenwich$2.875M1-3 p.m.Sotheby's11 Potter DriveOld Greenwich$2.895M1-4 p.m.Coldwell Banker192 Bible StreetCos Cob$2.95M2-4 p.m.Sotheby's294 Round HillGreenwich$2.995M1-3 p.m.Houlihan Lawrence26 Connecticut AvenueGreenwich$2.995M1-3 p.m.Sotheby's32 West WayOld Greenwich$2.995M1-3 p.m.Coldwell Banker693 River RoadCos Cob$3.15M1-4 p.m.BHHS25 Club RoadRiverside$3.195M1-3 p.m.Centric61 Baldwin Farms SouthGreenwich$3.295M1-4 p.m.Sotheby's8 Dearfield DriveGreenwich$3.395M1-3 p.m.Raveis294 Round HillGreenwich$3.495M1-3 p.m.Houlihan Lawrence98 North StreetGreenwich$3.495M1-4 p.m.Sotheby's3 E. Point LaneOld Greenwich$3.5M1-4 p.m.Merritt14 Sherwood FarmGreenwich$3.595M1-4 p.m.Halstead84 ConnecticutGreenwich$3.595M1-3 p.m.Houlihan Lawrence3 Gisborne PlaceOld Greenwich$3.995M1-3 p.m.Coldwell Banker12 Long View AvenueRiverside$4.15M2-4 p.m.Houlihan Lawrence851 Lake AvenueGreenwich$4.495M1-4 p.m.BHHS18 Pinecroft RoadGreenwich$6M1-3 p.m.BHHS35 Winding LaneGreenwich$6.495M1-4 p.m.Coldwell Banker7 Ford LaneOld Greenwich$6.749M1-3 p.m.Raveis38 Dairy RoadGreenwich$7.275M1-4 p.m.Coldwell Banker15 Andrews RoadGreenwich$8.77M1-3 p.m.Coldwell Banker




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