Greenwich Real Estate Guy's Blog: 2016 Year in Review

Dear Patch Readers,

I hope you have enjoyed the Holidays. I wish you and your family a prosperous and Happy New Year. As we reflect on 2016, we can see why we are looking forward to 2017. Greenwich as a whole (Greenwich, Cos Cob, Riverside and Old Greenwich) saw transactions drop from 589 to 568 single family homes sold. A drop of 3.6%, we also saw the average price drop from 2015 where it was $1.85M to $1.7M in 2016 a decline of 8.1%. When looking at the one sheet, you will notice we continue to see a strong market under $2M, with the over $2M price points seeing a much slower market the higher you go.

All Greenwich Year End

Here are the reports for the four communities:

Greenwich Year End

Cos Cob Year End

Riverside Year End

Old Greenwich Year End

Here are some of the sold roperties I have represented over the last couple of years. If you have any questions specific to any transaction please let me know.

29 Wesskum Wood
$2,550,000
107 Patterson Avenue
$4,950,000
30 North Street (Private)
$4,850,000
10 Maher Avenue
$1,881,200
1465 E. Putnam #530
$368,000
6 Lucy Street
$575,000
50 Lafayette Place #2G
$440,000
1535 E. Putnam #301
$280,000
8 Cliff Road (private)
$1,750,000
34B Bruce Park
$2,537,500
184 Stanwich Road
$2,800,000
10 James Street
$680,000
71 Maher Avenue (sell side) (Private)

$2,863,550
71 Maher Avenue (buy side) (Private)
$2,863,550
5 Lenox Drive
$1,500,000
40 Riverside Lane
$1,856,250
120 Pilgrim Drive
$550,000
2 Oneida Drive #B2
4,325,000
21 Nicholas Avenue
$1,006,000
38 Lockwood Lane
$1,875,000
1 Putnam Hill 1K
$315,000
17 Byfield Lane
$2,200,000
46 Raymond Street, Darien

$1,225,000

13 Valleywood Road

$850,000
2 Homestead Lane #405
$399,000
267 Riverside Avenue (Private)

$4,490,000

*71 Maher Avenue, 30 North Street, 8 Cliff Road, and 267 Riverside Avenue were sold privately (meaning not actively for sale on MLS).

For readers that just follow on the Greenwich Patch I will not be posting all entries on the patch. You can read all postings at www.greenwichrealestateguy.com/blog. If easier, please subscribe here to receive each post. I have paid to open the MLS to you, so feel free to search properties based on your own parameters or set up a portal to get notifications on a customized search.

I was named one of "America's Best Real Estate Agents" by Real Trends. I would not have made such an elite list if it wasn't for the amount of people that subscribe to the blog and those of you who have chosen me to represent you in one of the most important decisions. It truly means a lot to me that your trust in me has given me the opportunity to be recognized in this way. Thank you. Please do not hesitate to email (jrandall@houlihanlawrence.com) or call (203-273-1034) if I can assist in any way.

Best,

Jared Randall Join my Mailing List
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