Real Estate
Greenwich Real Estate Guy's Blog: August 4th Open House List
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Dear patch readers,
The above picture is the kitchen to my new rental listing at 5 Lenox Road #2. Rarely, does a unit come on the market with 5 bedrooms this close to town. Just a block and half from Greenwich Avenue's shops, restaurants, and parks. Literally a stone's throw to Whole Foods and Starbucks. Five bedrooms, four full baths, and plenty of space with 2,736 s.f.
Great rental opportunity! This completely renovated apartment offers the best of in-town living on quiet street just 1 block from Greenwich Avenue's shops, restaurants, parks, and walking distance to train. Rental includes the top two floors of a beautiful turn of century home five bedrooms, four full baths and fully renovated open kitchen with dining area. Off street parking, updated appliances, easy living make this a great find. Listed at $6,950 per month.
Find out what's happening in Greenwichfor free with the latest updates from Patch.
Here is our 2nd Quarter Market Report. As you can see the market is still a trying market for sellers, where pricing and value are the two deciding factors.
There's something for everyone to enjoy in Greenwich, Connecticut during our summer months. The Town of Greenwich operates an 18-hole golf course, numerous tennis courts, a beautiful new pool, pristine beaches and even seasonal ferry service to Island Beach Park and Great Captains Island for residents. If that's not enough we have spacious inland and coastal parks for hiking, riding horses and mountain biking.
Find out what's happening in Greenwichfor free with the latest updates from Patch.
The summer, however, tends to be quieter in real estate. While we saw a modest improvement in market conditions in the second quarter it wasn't enough to erase the losses from the previous quarter. Home sales dropped 12% year over year in Q2. A weak NYC market, the impact of recent tax reforms and a perception that the market has more room to decline has kept some buyers patiently on the sidelines. Those that have stepped up and are making offers are getting value-driven deals done.
What catches a buyer's attention today? Strategic initial pricing plays a key role in reducing days on market and maximizing a selling price. In 2019, it's taken, on average, more than 230 days to sell a home. However, when a home is priced in a way that doesn't require a reduction to sell the average days on market falls to just 80 days. With inventory on the rise, it is more important than ever to price leaner than the competition. Condition also plays a critical role in attracting buyers today. Buyers are doing their initial home tours online and a seller can run the risk of rejection before the buyer even physically visits a home. Savvy sellers have noticed and are sprucing up their homes and often staging them to get more online clicks, showings and offers.
Among the highlights from the second quarter was a nearly 40% jump in the geography North of the Merritt Parkway. Buyers have taken notice of price declines here and stepped in to take advantage of the value propositions. Mid-Country Greenwich also experienced a nearly 8% increase in home sales last quarter. Value is proving to dictate where the buyers perform.
We are grateful to our world class agents and loyal clients who have made Houlihan Lawrence retain our leadership position in Greenwich, Connecticut for more than four and a half years. Thank you.
There are 82 Open Homes this Sunday.
Street Name
Area
List Price
Time
Listing Office
179 Connecticut Avenue
Greenwich
$6.2K
1-3 p.m.
Coldwell Banker
66 Gregory Road
Cos Cob
$9.5K
1-3 p.m.
Sotheby's
2 Buxton Lane
Riverside
$10.5K
12-2 p.m.
Centric
350 Riversville Road
Greenwich
$12.5K
2:30-4:30 p.m.
Coldwell Banker
27 Bayside Terrace #B
Riverside
$17.5K
1-3 p.m.
Sotheby's
1525 E. Putnam #301
Old Greenwich
$290K
12-2 p.m.
Sotheby's
190 Putnam Park
Greenwich
$378.8K
2-4 p.m.
Raveis
1465 E. Putnam #307
Old Greenwich
$410K
1-3 p.m.
Keller Williams
1465 E. Putnam #119
Old Greenwich
$439K
11-1 p.m.
Raveis
3 W. End Court
Old Greenwich
$499K
12-2:30 p.m.
Coldwell Banker
7 River Road #309
Cos Cob
$629K
1-3 p.m.
Douglas Elliman
50 Laddins Rock
Old Greenwich
$695K
1-4 p.m.
Raveis
1 Scott Lane
Greenwich
$699K
12-2 p.m.
Coldwell Banker
104 Greenwich Hills
Greenwich
$724K
12-3 p.m.
Raveis
7 Upland Street #E
Greenwich
$729K
1-3 p.m.
BHHS
193 Hamilton Avenue #10
Greenwich
$749K
1-4 p.m.
Houlihan Lawrence
33 Halsey Drive
Old Greenwich
$750K
1-3 p.m.
Sotheby's
17 Kent Place
Cos Cob
$775K
2-4 p.m.
Raveis
29 Sheephill Road
Riverside
$795K
1-3 p.m.
Coldwell Banker
29 Sheephill Road
Riverside
$795K
1-3 p.m.
Coldwell Banker
188 Henry Street #B
Greenwich
$799K
1-3 p.m.
Coldwell Banker
115 River Road #7
Cos Cob
$850K
11-1 p.m.
Executive
53 William Street #B
Greenwich
$898K
12-2 p.m.
Redfin
27 Maplewood Drive
Cos Cob
$899K
12-2 p.m.
Coldwell Banker
27 Annjim Drive
Greenwich
$1.075M
12-2 p.m.
Douglas Elliman
160 Byram Shore
Greenwich
$1.15M
1-3 p.m.
Sotheby's
160 Byram Shore
Greenwich
$1.15M
1-3 p.m.
Sotheby's
1 Rockview Drive
Greenwich
$1.24M
1-3 p.m.
Halstead
35 Windsor Lane
Cos Cob
$1.25M
2-4 p.m.
BHHS
9 Dartmouth Road
Cos Cob
$1.25M
1-3 p.m.
BHHS
73 Weaver Street #15
Greenwich
$1.325M
2-4 p.m.
Raveis
4 Shelter Drive
Cos Cob
$1.42M
2-4 p.m.
Raveis
88 Milbank Avenue
Greenwich
$1.475M
12-2 p.m.
Raveis
88 Milbank Avenue
Greenwich
$1.475M
12-2 p.m.
Raveis
88 Milbank Avenue
Greenwich
$1.475M
12-2 p.m.
Raveis
63 Wildwood Drive
Greenwich
$1.498M
12-2 p.m.
Coldwell Banker
3 Old Farm Lane
Old Greenwich
$1.549M
1-3 p.m.
Compass
106 Hunting Ridge
Greenwich
$1.575M
1-3 p.m.
Charles Paternina
7 Lia Fail Way
Cos Cob
$1.595M
2-4 p.m.
Houlihan Lawrence
6 Buxton Lane
Riverside
$1.595M
2-4 p.m.
BHHS
37 Meyer Place
Riverside
$1.65M
1-3 p.m.
Raveis
60 Lockwood Lane
Riverside
$1.695M
1-3 p.m.
BHHS
55 Church Street #B
Greenwich
$1.699M
2:30-4:30 p.m.
Coldwell Banker
10 Schubert Lane
Cos Cob
$1.815M
1-3 p.m.
BHHS
6 Carissa Lane
Greenwich
$1.899M
2-4 p.m.
Sotheby's
7 Grey Rock Drive
Greenwich
$1.949M
11:30-1 p.m.
Sotheby's
6 Wyngate Road
Greenwich
$1.995M
1-3 p.m.
Houlihan Lawrence
11 Anthony Place
Riverside
$1.995M
12-2 p.m.
Five Corners
12 Dorchester Lane
Riverside
$1.999M
1-3 p.m.
Coldwell Banker
1 Ford Lane
Old Greenwich
$2.0875M
12-4 p.m.
BHHS
350 Riversville Road
Greenwich
$2.15M
2:30-4:30 p.m.
Coldwell Banker
66 Gregory Road
Cos Cob
$2.195M
1-3 p.m.
Sotheby's
39 North Ridge Road
Old Greenwich
$2.195M
1-3 p.m.
Sotheby's
6 Hemlock Drive
Greenwich
$2.195M
12-2 p.m.
BHHS
10 Edgewood Drive #3B
Greenwich
$2.295M
1-3 p.m.
Sotheby's
23 Annjim Drive
Greenwich
$2.449M
1-2:30 p.m.
Douglas Elliman
8 Robin Place
Old Greenwich
$2.495M
2-4 p.m.
BHHS
35 Chapel Lane
Riverside
$2.5M
2-4 p.m.
Coldwell Banker
100 Hendrie Avenue
Riverside
$2.595M
2:30-4 p.m.
Centric
2 Buxton Lane
Riverside
$2.595M
12-2 p.m.
Centric
42 Winding Lane
Greenwich
$2.695M
1-3 p.m.
Houlihan Lawrence
102 Hendrie Avenue
Riverside
$2.795M
2:30-4 p.m.
Douglas Elliman
21 Tomac Avenue
Old Greenwich
$2.895M
1-2:30 p.m.
BHHS
67 Maher Avenue
Greenwich
$2.895M
1:30-3 p.m.
Douglas Elliman
378 Taconic Road
Greenwich
$2.95M
2-4 p.m.
Coldwell Banker
15 Mountain Laurel
Greenwich
$2.95M
10-12 p.m.
Charles Paternina
11 Dialstone Lane
Riverside
$2.995M
12-2 p.m.
Five Corners
7 Nawthorne Road
Old Greenwich
$2.995M
1-3 p.m.
Sotheby's
27 Bayside Terrace #B
Riverside
$3.295M
1-3 p.m.
Sotheby's
23 Maher Avenue
Greenwich
$3.295M
1-3 p.m.
BHHS
8 Rockwood Lane
Greenwich
$3.295M
2-4 p.m.
Houlihan Lawrence
19 Andrews Road
Greenwich
$3.299M
2-4 p.m.
William Pitt Sotheby's
27 Bayside Terrace #A
Riverside
$3.395M
1-3 p.m.
Sotheby's
141 Milbank #West
Greenwich
$3.399M
2-4 p.m.
Coldwell Banker
62 Lockwood Road
Riverside
$3.495M
1-3 p.m.
Houlihan Lawrence
141 Milbank Avenue
Greenwich
$3.599M
2-4 p.m.
Coldwell Banker
26 Cobb Island Drive
Greenwich
$3.695M
1-3 p.m.
Abart Estate
291 Stanwich Road
Greenwich
$3.7M
2-4 p.m.
Sotheby's
50 Lockwood Avenue
Old Greenwich
$3.995M
12- 1p.m.
Douglas Elliman
3 Hill Road
Greenwich
$4.095M
2-4 p.m.
Centric
25 Tomac Avenue
Old Greenwich
$4.595M
1-3 p.m.
Halstead
141 Milbank Avenue
Greenwich
$6.9M
2-4 p.m.
Coldwell Banker
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. 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 ###a shape="rect">www.greenwichrealestateguy.com/blog.
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Best,
Jared Randall Join my Mailing List
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