The Greenwich Real Estate market is blooming like the crocus up near the Second Congregational Church. While there were 37 single family homes sold in March, the real story is about the 40 executed contracts, 32 contracts signed with contingencies and 15 accepted offers. Median days on the market for these contracted listings are 92 and multiple offers were entertained at many of the price points. And properties around town are attracting buyers at all price levels. The most expensive house that sold was listed originally at $14,950,000 and sold for $14,000,000 while the least expensive was...

I never thought that February would be a relief; but after the snows of January, simple cold weather was delightful. Buyers felt that relief compared to 2009 certainly and February 2011 performed ever so slightly better than 2010 as well. Looking back to 2009 and we see that only 6 single family houses sold in February with a median sale price of $1,575,000, with 140 days on market and a sale to list ratio of 83%. pay to do homework 25 houses sold in 2010 with a median sale price of $1,100,000, 211 days on market and a 90% list to sale. Now in February 2011 we had 26 single family homes...

There have been a lot of articles written lately about the Greenwich Real Estate market and how it is faring. Most of them are filled with statistics and conclusions ranging from “we are on our way out” to “looking for another fall”. The thing to remember when reading these is that statistics are only as good as their interpretation. In residential real estate, unlike commercial, much is subjective. Some parts of town fared better than others, some styles held value and others were more grossly hurt, some price ranges saw more buyers than others, etc., etc. According to the Greenwich...

December was an active month with 41 single family houses sold in Greenwich. The lowest priced house was a little house listed for $375,000 originally, lowered to $299,000 and sold for $310,000 with 50 days on the market. The highest priced home was an beautiful 14 + acre property on North Street originally listed in April of ’08 for $23,500,000, sold for $12,000,000 on December 21 and put back on the market the following day for $18,000,000. Another interesting sale was the 2.62 acre dividable lot on Club Road in Riverside that went on in Feb. of ’09 at $9,995,000 and sold this month...

November showed a slowing in the market typical of this time of year although with 24 contracts and 25 single family online cialis sales the rate is slightly less than last year with 33 single family sales. The median sale price for the month was $1,375,000 with a $16,310,000 top sale and a $500,000 lowest sale compared to last year with a median price of $2,492,000 with a top sale of $20,000,000 and a low sale of $530,000. Median days on market for November 2010 were down to 93 while median days on market in November 2009 were 163. These figures alone don’t really paint a complete picture...

The October real estate market was definitely slower than it was this time last year. There were only 30 single family homes sold and 28 contracts. Compare this with 40 homes sold in October ’09 and even 35 in September ’10 and it appears that caution was the word of the month. The median sale price for October ’10 was $1,720,000 with median days on market of 119 and a 91% sale price to list price. website down . In October ’09 the median sale price was $1,395,000 with median days on market of 161 and a %92 sale price to list price. So while the prices were slightly higher this...

While the month of September 2010 saw a slight decline in sales over September 2009 with 32 single family homes being sold this year and 41 sold last September, year to date 2010 is outpacing 2009 with 376 single family homes selling this year and 221 homes selling last year during the same time period. buy cialis without prescription The median sale price from January to September in 2009 was $1,675,000 compared to $1,734,000 year to date and the median days on market fell from 135 in ’09 to 129 in 2010. The list to sale price is slightly higher this year at 93% over 90% last year and...

August was slightly slower in sales; 51 single family homes sold compared to 55 in July….but August 2010 was considerably stronger than 2009 when only 22 single family homes sold. August also saw one of the more famous houses go to contract. Helmsley’s estate was first listed for $125,000,000 in April of ’08, was reduced to $55,000,000 in February of this year and went to contract August 27. It will be interesting to see where that amazing place trades. Price reductions and value priced homes really seemed to be the ticket in August; 20 of the 48 homes that went to contract and 21 of...

July was an active month with 62 single family homes going to contract and 54 sold. This means that the market is still moving albeit slightly slower than June when there were 62 contracts and 67 sales; and it means that buyers were still looking, making offers and closing on homes despite or because of rumors of bigger downward turns in the economy. With the interest rates holding on the low side and money available to buyers with good credit it seems that selling a home comes down to smart pricing. domain like . While it may be best in the long run to hold off on price decreases...