Greenwich Real Estate Update Around Town

[content removed by moderator for being self promotional]
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
May 08 2009 - Greenwich
We think we've answered this question for you!
 
 

Replies (2)

Old News: The greeniwch real estate market is down???Well you wouldn't know it by looking at the contracts and solds this last week. According to the Greenwich Multiple Listing Service there were 44 contracts and 11 closings in Greenwich between April 30th and May 7th. the amazing thing is that it covered all price ranges and areas. the lowest priced listing that went into contract was a $385,000 co-op at 2 putnam Hillthat was on the market 203 days. The highest was a $25,000,000, single family home on Round Hill that was on the market for 35o days.

Tucked snuggly in between these divergent values were several listings that sold in record time such as a house on Glendale Street listed at $520,000 which sold in 9 days, 40 Sound View, a newly constructed Condo listed at $3,350,000 that sold in 35 days. These quick sellers were re-lists...a poly used by some realtors where they take a house off the market for a number of days and then "re-list" it or a house that expires with one realtor and is listed by another.

Now there were some homes that were clearly on for the long run: One on Clapboard Ridge was originally listed for $12,250,000 on September 30,2004. Three brokers and 1447 days later (13 days shy of 4 years) at a reduced price of $7,975,000 it went to contract. We'll see what it finally closes at in a later posting.

Another on Perkins went on the market September 26, 2007 listed at $5,875,000, had a few price reductions and went to contract after 582 days at the final list price of $4,375,000.

And one on Irvine in Old Greenwich started out on June 16,2006 at $1,699,000 and sat for 672 days before going to contract at the reduced price of $1,347,000.

[content removed by moderator for being self promotional]
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
May 08 2009
Profile picture for Trump Junior
Bump.  My mom lives in Old Greenwich.  Maybe the RE market as a whole will turn up.  (now that I have a house of my own).  OT.  I just sold 2 items on my website today.  I think people are starting to feel good.
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
May 08 2009
 
  • Be a Good Neighbor. Be respectful and on-topic. No spam or self-promotion! See our Good Neighbor Policy.
Related Discussions
The Greenwich Real Estate Market OUT THERE
Greenwich Real Estate Update Around Town
Profile picture for Trump Junior
Latest reply by Trump Junior
May 08 2009 | 2 answers
Be A Good Neighbor

Zillow Advice depends on each member to keep it a safe, fun, and positive place. If you see abuse, flag it. More on our Good Neighbor Policy.

Homes for Sale
  1. 426 Westover Rd, Stamford, CT Home For Sale
    426 Westover Rd, Stamford, CT 06902

     For Sale: $1,330,000

    • Beds: 5
    • Sqft: 5232
    • Baths: 6.0
    • Lot: 66646
  2. 60 Avon Cir # 60C, Rye Brook, NY Home For Sale
    60 Avon Cir # 60C, Rye Brook, NY 10573

     For Sale: $259,000

    • Beds: 1
    • Sqft: 910
    • Baths: 1.0
    • Lot: --
  3. 12 Sawmill Ln, Greenwich, CT Home For Sale
    12 Sawmill Ln, Greenwich, CT 06830

     For Sale: $6,400,000

    • Beds: 5
    • Sqft: 5743
    • Baths: 5.5
    • Lot: 173804