Spring 2014 is busy, busy.  The problem is low inventory with only 493 available listings in January compared to 658 last January.  Hardest hit price point is the $900,000to $1,499,999 which is off 47.4%  Will that change?  Hopefully yes and soon.  Buyers are out in droves but holding off in some price points to see if there will be new listings now that the weather is slightly better. cheapest generic levitra However, the average sale price in January 2014 was up 64.4%  from January 2013 with the hottest price point between 2M and 2.99M.  The numbers for February should be...

The Greenwich Real Estate market got off to a slow start in the first half of 2013. Between the weather and the economic uncertainty, buyers were content to visit homes on line instead of venturing to Greenwich for a real search. The spring Real Estate market usually begins in January with a steady uptick through Mother’s Day and graduations. This year January only had 30 single family home sales, February had 29 and March only 31. Finally, April brought a bloom to the market with 48 sales leading to May with 69 and June with 84. The first half of the year ended with a higher number of...

As you can see from the chart below, according to the GMLS, November had a slight rise over last November with 34 single family homes sold in Greenwich as compared to 30 last November. Some of the other statistics indicate that this November pretty solid all around with a slight increase in the list to sale price ratio. This is a key piece of information that all sellers should note and it is often attributed to days on market. Statistics show that there is a real decline in average sale to list price the longer a house stays on the market. Year to date the average list to sale was 97.1% in...

The Greenwich real estate fall season isn’t over yet; there were 7 executed contracts, 10 accepted offers or contingent contracts and 6 sales in the last 2 days. Owners are getting serious with 38 price decreases in the same time period which should lead to more contracts and sales in the next few weeks. Meanwhile, more inventory is coming on with 28 new listings in 2 days which means there is a lot to choose from. If $9,500,000 is in your price range, one of these new listings is worth looking at. It is a spectacular home with 6 bedrooms and 7 ½ baths, gracious public rooms, cozy...

The fall real estate market is upon us here in Greenwich and many exciting homes are on the market.  Some are on for the first time and canadian pharmacy cialis others took some time off for the sellers to get more realistic about the prices.  Buyers are definitely educated and have great access to real estate information through the internet, so sellers who think they can just throw a price based on wishes have been sorely disappointed.  Now more than ever, research is key when pricing a home for...