Greenwich Real Estate Guy's Blog: 1st Quarter Report OH List

Pictured above is the First Quarter Market Report. I have left it above for the second week for you review. Let me know if you have any questions or I can run any customized analysis for you.

Spring is a special time in Greenwich, Connecticut. It's a season of rejuvenation that reminds us of the many reasons we live in this wonderful hometown. Our short commute to New York City, world class shopping and dining, inspiring schools, libraries and museums along with our majestic town parks and facilities make Greenwich a superb place to live, work and play.

As the first quarter ended, we saw a welcome uptick in real estate showings and deal activity, offering optimism after a slow start to the new year. Home sales and prices declined in the first quarter, as buyers remained on the sidelines until they perceived value in an asking price. Many buyers from New York City have had to tap the brakes on buying in Greenwich as they wait for buyers to purchase in The Big Apple. This domino effect also impacts our buyers from London who are dealing with the ongoing Brexit situation.

What's helping deals get done in Greenwich? Today's buyers respond to homes in tip-top condition that are beautifully decorated and priced strategically when they first come to market. As a result, motivated sellers are doing touch-ups, renovation work and even staging their homes if their decor choices don't match up with buyer preferences.

Highlights from the quarter include a modest uptick in sales in Greenwich North of the Merritt Parkway where declining prices have provided opportunities for buyers. Home sales in Old Greenwich jumped nearly 30% in the quarter and condominium sales began the year with a strong 20% increase.

There were two sales over $10M recorded in the Greenwich Multiple Listing Service in the quarter - a slight decline from year ago sales - and one notable off-market $48M waterfront sale.

As we look ahead we are encouraged by a recent uptick in the number of showings and negotiating activity. The continuation of low interest rates, a performing stock market and upbeat reports on mortgage applications are also signs of stronger home sale activity coming in the second quarter.

There are 153 Open Homes this Sunday.

Street Name
Area
List Price
Time
Listing Office
43 Almira Drive
Greenwich
$6K
1-3 p.m.
Raveis
35 Orchard Place
Greenwich
$9K
2:30-4:30 p.m.
Raveis
554 River Road (lot 2)
Cos Cob
$9.8K
1-4 p.m.
Coldwell Banker
554 River Road (lot 1)
Cos Cob
$9.8K
1-4 p.m.
Coldwell Banker
34 Wescott Street
Riverside
$10.5K
1-3 p.m.
Keller Williams
216 Byram Shore Road
Greenwich
$13K
12-2 p.m.
Raveis
22 Putnam Park
Greenwich
$330K
1-3 p.m.
Davenport
36 Putnam Park
Greenwich
$345K
1-3 p.m.
Coldwell Banker
50 Lafayette Place #1L
Greenwich
$379K
12-2 p.m.
Coldwell Banker
10 Putnam Park
Greenwich
$389K
2-4 p.m.
Houlihan Lawrence
34 Putnam Park
Greenwich
$395K
2-4 p.m.
Sotheby's
190 Putnam Park
Greenwich
$398K
1-3 p.m.
Raveis
49 Valley Road #D1
Cos Cob
$435K
1-3:30 p.m.
BHHS
69 Putnam Park
Greenwich
$480K
1-4 p.m.
Raveis
76 Henry Street
Greenwich
$499K
12-2 p.m.
Raveis
1465 E. Putnam #517
Old Greenwich
$520K
2-4 p.m.
Raveis
148 Putnam Park
Greenwich
$530K
1-3 p.m.
Coldwell Banker
333 Palmer Hill #2FG
Riverside
$545K
1-3 p.m.
Sotheby's
21 Byram Road
Greenwich
$549.5K
1-3 p.m.
Davenport
51 Forest Avenue #72
Old Greenwich
$560K
12:30-1:30 p.m.
Douglas Elliman
53 Prospect Street
Greenwich
$599K
12-2 p.m.
Coldwell Banker
6 Hines Lane
Riverside
$600K
1-3 p.m.
Coldwell Banker
98 Prospect Street
Greenwich
$600K
12-2 p.m.
Coldwell Banker
453 Putnam Avenue #4E
Cos Cob
$635K
1-3 p.m.
BHHS
7 River Road #303
Cos Cob
$639.5K
2-4 p.m.
Higgins Group
32 Sherman Avenue
Greenwich
$650K
12-2 p.m.
Houlihan Lawrence
453 Putnam Avenue #1D
Cos Cob
$650K
1-3 p.m.
Marr and Caruso
7 River Road #309
Cos Cob
$679.5K
1-3 p.m.
Douglas Elliman
11 River Road #107
Cos Cob
$685K
1-3 p.m.
Coldwell Banker
3 River Avenue #2A
Greenwich
$699K
12-1:30 p.m.
Douglas Elliman
11 River Road #116
Cos Cob
$739K
1-3 p.m.
Houlihan Lawrence
6 Caroline Farms #1
Cos Cob
$758K
1-3 p.m.
Coldwell Banker
60 Valley Road #B
Cos Cob
$795K
2-4 p.m.
Coldwell Banker
41 Sound Beach Avenue
Cos Cob
$839.5K
1-3 p.m.
Coldwell Banker
14 Dandy Drive
Cos Cob
$849.5K
1-3 p.m.
Raveis
55 Oval Avenue
Riverside
$899K
1-3 p.m.
BHHS
115 River Road #7
Cos Cob
$950K
1-3 p.m.
Executive
25 Meadow Drive
Cos Cob
$959K
1-4 p.m.
BHHS
17 Mallard Drive
Greenwich
$969K
1-3 p.m.
Sotheby's
23 Hassake Road
Old Greenwich
$995K
2-4 p.m.
Houlihan Lawrence
13 Hickory Drive
Greenwich
$995K
1-4 p.m.
BHHS
10 Ridge Road
Cos Cob
$1.05M
1-3 p.m.
Coldwell Banker
360 Cognewaugh Road
Cos Cob
$1.095M
1-3:30 p.m.
Coldwell Banker
112 Pilgrim Drive
Greenwich
$1.126M
1-4 p.m.
BHHS
43 Almira Drive
Greenwich
$1.145M
1-3 p.m.
Raveis
75 Long Meadow
Riverside
$1.49M
1-3 p.m.
Gen Next
60 Sound Beach
Old Greenwich
$1.15M
11-1 p.m.
Douglas Elliman
625 Lyon Farm
Greenwich
$1.195M
1-3 p.m.
BHHS
180 Bible Street
Cos Cob
$1.195M
1-3 p.m.
Sotheby's
31 Scott Lane
Greenwich
$1.95M
1-3 p.m.
Coldwell Banker
99 Loughlin Avenue
Cos Cob
$1.199M
1-3 p.m.
Sotheby's
37 Fairway Lane
Greenwich
$1.199M
2-4 p.m.
Coldwell Banker
101 Lewis Street #J
Greenwich
$1.2M
1-3 p.m.
BHHS
18 Ivanhoe Lane
Greenwich
$1.25M
1-3 p.m.
Sotheby's
31 Center Drive
Old Greenwich
$1.25M
1-3 p.m.
Halstead
500 River Road #17
Cos Cob
$1.285M
1-4 p.m.
Coldwell Banker
44 Hendrie Avenue
Riverside
$1.325M
1-3 p.m.
Coldwell Banker
10 Roosevelt Avenue
Old Greenwich
$1.34M
1-4 p.m.
Houlihan Lawrence
10 Roosevelt Avenue
Old Greenwich
$1.34M
1-4 p.m.
Houlihan Lawrence
15 Mansion Place
Greenwich
$1.35M
1-3 p.m.
Coldwell Banker
1 Tait Road
Old Greenwich
$1.35M
2-4 p.m.
BHHS
17 Miltiades Avenue
Riverside
$1.35M
12:30-3:00 p.m.
Houlihan Lawrence
56 Byram Shore
Greenwich
$1.395M
1-3 p.m.
Coldwell Banker
28 Revere Road
Riverside
$1.395M
1-3 p.m.
Houlihan Lawrence
4 Banksville Road
Greenwich
$1.399M
1-3 p.m.
Coldwell Banker
37 Buckfield Lane
Greenwich
$1.45M
2-4 p.m.
BHHS
125 Hendrie Avenue
Riverside
$1.49M
1-3 p.m.
Coldwell Banker
64 Hawthrone Street
Greenwich
$1.495M
1-2:30 p.m.
Sotheby's
9 Comly Terrace
Greenwich
$1.549M
1-2:30 p.m.
Coldwell Banker
22 Indian Field
Greenwich
$1.55M
2-4 p.m.
BHHS
1 Lia Fail Way
Cos Cob
$1.57M
2-4 p.m.
Coldwell Banker
115 Dingletown Road
Greenwich
$1.595M
1-4 p.m.
Coldwell Banker
11 Ricki Beth Lane
Old Greenwich
$1.65M
1-3 p.m.
Sotheby's
5 Shady Brook Lane
Old Greenwich
$1.65M
1-3 p.m.
Coldwell Banker
24 Maher Avenue
Greenwich
$1.65M
2-4 p.m.
Douglas Elliman
27 Edgewater Drive
Old Greenwich
$1.695M
1-3 p.m.
Sotheby's
22 Linwood Avenue
Riverside
$1.7M
1-3 p.m.
Coldwell Banker
44 summit Road
Riverside
$1.725M
1-3 p.m.
Houlihan Lawrence
31 Guinea Road
Greenwich
$1.775M
1-3 p.m.
Houlihan Lawrence
145 Cognewaugh Road
Cos Cob
$1.795M
12-2 p.m.
Douglas Elliman
22 Indian Mill
Cos Cob
$1.795M
1-3 p.m.
Houlihan Lawrence
60 Lockwood Lane
Riverside
$1.895M
1-3 p.m.
BHHS
1 White Birch
Cos Cob
$1.895M
1-3 p.m.
BHHS
21 Summit Road
Riverside
$1.899M
2-4 p.m.
Houlihan Lawrence
552 River Road
Cos Cob
$1.95M
1-4 p.m.
Coldwell Banker
19 Knoll Street
Riverside
$1.95M
1-3 p.m.
Coldwell Banker
22 Crescent Road
Riverside
$1.95M
2-4 p.m.
Sotheby's
554 River Road
Cos Cob
$1.99M
1-4 p.m.
Coldwell Banker
15 Shady Lane
Greenwich
$1.998M
2-4 p.m.
Coldwell Banker
37 Crescent Road
Riverside
$1.999M
1-4 p.m.
Raveis
7 Grey Rock Drive
Greenwich
$1.999M
2:30-4:30 p.m.
Sotheby's
35 Orchard Place
Greenwich
$2M
2:30-4:30 p.m.
Raveis
12 Dorchester Lane
Riverside
$2.045M
1-3 p.m.
Coldwell Banker
14 Perryridge Road
Greenwich
$2.05M
2-4 p.m.
Houlihan Lawrence
19 Crescent Road
Riverside
$2.095M
1-3 p.m.
Sotheby's
34 Wescott Street
Riverside
$2.0996M
1-3 p.m.
Keller Williams
44 Benjamin Street
Old Greenwich
$2.195M
1-3 p.m.
Houlihan Lawrence
10 Edgewood #3B
Greenwich
$2.295M
2-4 p.m.
Sotheby's
94 Riversville Road
Greenwich
$2.35M
12-2 p.m.
Houlihan Lawrence
39 Bedford Road
Greenwich
$2.35M
2-4 p.m.
Coldwell Banker
269 Milbank Avenue
Greenwich
$2.35M
2-4 p.m.
Coldwell Banker
1 Ford Lane
Old Greenwich
$2.385M
1-4 p.m.
BHHS
591 Lake Avenue
Greenwich
$2.495M
2-4 p.m.
Sotheby's
23 Annjim Drive
Greenwich
$2.495M
1-3 p.m.
Douglas Elliman
84 Circle Drive
Greenwich
$2.498M
1-3 p.m.
Houlihan Lawrence
269 Milbank Avenue
Greenwich
$2.5M
2-4 p.m.
Coldwell Banker
2 Buxton Lane
Riverside
$2.595M
2-4 p.m.
Centric
11 Cardinal Road
Greenwich
$2.599M
1-4 p.m.
Sunbelt
34 Circle Drive
Greenwich
$2.625M
1-3 p.m.
Raveis
130 Lower Cross Road
Greenwich
$2.65M
1-3 p.m.
Sotheby's
21 Hendrie Drive
Old Greenwich
$2.65M
2-4 p.m.
Raveis
28 Baldwin Farms
Greenwich
$2.675M
1-3 p.m.
Coldwell Banker
100 Cat Rock Road
Cos Cob
$2.695M
11-3 p.m.
Coldwell Banker
2 Holly Way
Cos Cob
$2.75M
1-4 p.m.
Coldwell Banker
35 Chapel Lane
Riverside
$2.75M
3-5 p.m.
Coldwell Banker
43 Zaccheus Mead
Greenwich
$2.795M
1-3 p.m.
Coldwell Banker
9 Stallion Trail
Greenwich
$2.799M
12-2 p.m.
Compass
100 Hendrie Avenue
Riverside
$2.825M
1-3 p.m.
Centric
102 Hendrie Avenue
Riverside
$2.875M
1-3 p.m.
Halstead
1 Ivanhoe Lane
Greenwich
$2.895M
1-3 p.m.
Houlihan Lawrence
169 E. Elm Street
Greenwich
$2.9M
1-3 p.m.
BHHS
4 Laurel Lane Spur
Greenwich
$2.925M
1-3 p.m.
Coldwell Banker
70 Cedar Cliff
Riverside
$2.995M
1-3 p.m.
Halstead
216 Byram Shore
Greenwich
$2.995M
12-2 p.m.
Raveis
15 Irvine Road
Old Greenwich
$3.095M
1-3 p.m.
Houlihan Lawrence
73 Sawmill Lane
Greenwich
$3.175M
2-4 p.m.
Raveis
63 Glenville Road
Greenwich
$3.215M
1-4 p.m.
Sotheby's
378 Taconic Road
Greenwich
$3.25M
2-4 p.m.
Coldwell Banker
50 Mallard Drive
Greenwich
$3.295M
2-4 p.m.
Houlihan Lawrence
40 W. Elm Street #3DE
Greenwich
$3.395M
2-4 p.m.
BHHS
7 Nawthorne Road
Old Greenwich
$3.425M
1-4 p.m.
Sotheby's
52 Ridgeview Avneue
Greenwich
$3.4995M
2-4 p.m.
BHHS
55 Park Avenue
Old Greenwich
$3.595M
2-4 p.m.
Coldwell Banker
141 Milbank Avenue
Greenwich
$3.695M
1-3 p.m.
Coldwell Banker
41 Overlook Drive
Greenwich
$3.7M
1-3 p.m.
Houlihan Lawrence
1 Tower Lane
Old Greenwich
$3.925M
1-3 p.m.
Houlihan Lawrence
1 Macpherson Drive
Greenwich
$3.995M
1-4 p.m.
Halstead
50 Lockwood Avenue
Old Greenwich
$3.995M
2-4 p.m.
Douglas Elliman
291 Stanwich Road
Greenwich
$4.095M
1-3 p.m.
Sotheby's
8 Buckthorne Lane
Greenwich
$4.25M
1-3 p.m.
Houlihan Lawrence
16 Boulder Brook
Greenwich
$4.495M
1-3 p.m.
Coldwell Banker
3 Hill Road
Greenwich
$4.495M
12-4 p.m.
Centric
35 Beechcroft Road
Greenwich
$4.5M
2:30-4 p.m.
Douglas Elliman
280 Round Hill
Greenwich
$4.675M
12-3 p.m.
Halstead
25 Tomac Avenue
Old Greenwich
$4.995M
1:30-2:30 p.m.
BHHS
45 W. Brother Drive
Greenwich
$4.995M
2-4 p.m.
Houlihan Lawrence
31 Khakum Wood
Greenwich
$4.995M
1-3 p.m.
Halstead
10 W. Crossway
Old Greenwich
$4.995M
1-3 p.m.
Houlihan Lawrence
15 E. Point Lane
Old Greenwich
$4.995M
1-3 p.m.
Halstead
6 Khakum Drive
Greenwich
$5.1M
1-3 p.m.
Sotheby's
87 Doubling Road
Greenwich
$5.25M
1-3 p.m.
Houlihan Lawrence
777 Lake Avenue
Greenwich
$5.395M
1-3 p.m.
Sotheby's
38 Birch Lane
Greenwich
$5.995M
1-3 p.m.
Coldwell Banker
61 Byram Shore
Greenwich
$8.499M
1-3 p.m.
Higgins Group

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