Greenwich Real Estate Report: Aug 14-Aug 21, 2020

The Greenwich real estate market shows no signs of slowing down. The number of closed properties continues to climb while the number of price reductions continue to fall. Homes are selling with less days on market, closer to their asking prices. In part, because it sellers are taking the advice of their agents and pricing their homes more realistically than they were pre-Covid.

Serious sellers understand that this is a great time to sell and they don’t want to miss this market by overpricing their homes, allowing it to sit on the market longer than necessary.

Buyers are still coming here from NYC, in part due to the pandemic but another important factor is now playing a role. Crime rates in NYC continue to rise, giving NYC residents two strong reasons to leave.

Backcountry Greenwich continues to see an increase in sales. The majority of home buyers are less concerned with proximity to the train station then they were pre-Covid and most want large backyards and pools. Backcountry has been quietly waiting for its resurgence and that time has come.

This week’s highlights in Greenwich real estate:

  • 35 new to market listings
  • 57 sold properties
  • 23 price reductions
  • 57 signed contracts
    • 19 contingent
    • 38 pending

There are 59 public open houses this weekend. Please bring a mask and gloves and plan to social distance.

Please click HERE for the most up to date open house list.

Street #Street NameUnit #Street SuffixCityList Price
294Round HillRoadGreenwich$2,995,000.00
125Field Point1ARoadGreenwich$3,350,000.00
125Field PointB1RoadGreenwich$3,350,000.00
125Field PointB2RoadGreenwich$3,350,000.00
27EvergreenRoadGreenwich$4,849,000.00
13RiversideLaneRiverside$1,149,500.00
21HarkimRoadGreenwich$2,125,000.00
40W Elm6DStreetGreenwich$3,250,000.00
160BedfordRoadGreenwich$2,600,000.00
480CognewaughRoadCos Cob$2,225,000.00
5N CrosswayOld Greenwich$4,695,000.00
1465E Putnam111AvenueOld Greenwich$398,000.00
22AngusLaneGreenwich$6,250,000.00
282Round HillRoadGreenwich$3,950,000.00
487LakeAvenueGreenwich$2,900,000.00
169Mason4AStreetGreenwich$599,000.00
63North RidgeRoadOld Greenwich$1,495,000.00
15DearfieldLaneGreenwich$2,795,000.00
27LinwoodAvenueRiverside$2,650,000.00
18LeonardAvenueRiverside$1,070,000.00
84Burning TreeRoadGreenwich$1,975,000.00
73OrchardAPlaceGreenwich$1,999,999.00
75Cos Cob2AvenueCos Cob$559,000.00
24HomesteadRoadGreenwich$799,900.00
59ConnecticutAvenueGreenwich$3,900,000.00
1FairfieldAvenueOld Greenwich$1,595,000.00
4Knollwood Drive EGreenwich$3,195,000.00
64Park Avenue SOld Greenwich$1,975,000.00
55LocustBStreetGreenwich$709,000.00
1SpringRoadGreenwich$2,595,000.00
73BowmanDriveGreenwich$1,995,000.00
3JuniperLaneRiverside$2,995,000.00
179N MapleAvenueGreenwich$5,995,000.00
63LancerRoadRiverside$1,275,000.00
47LexingtonAvenueGreenwich$1,795,000.00
54Rock MapleRoadGreenwich$5,250,000.00
23OakStreetGreenwich$2,199,000.00
11CircleDriveGreenwich$2,250,000.00
37North RidgeRoadOld Greenwich$2,795,000.00
69Riverdale104AvenueGreenwich$859,000.00
67LockwoodRoadRiverside$2,875,000.00
33EdgewaterDriveOld Greenwich$1,495,000.00
179N MapleAvenueGreenwich$5,750,000.00
1031NorthStreetGreenwich$1,550,000.00
20HarkimRoadGreenwich$1,750,000.00
48HillsideRoadGreenwich$1,299,000.00
128Putnam Park128Greenwich$688,000.00
4Sound ViewTerraceGreenwich$3,000,000.00
149LakeAvenueGreenwich$975,000.00
233OverlookDriveGreenwich$3,250,000.00
123MapleAvenueGreenwich$2,995,000.00
7HearthstoneDriveRiverside$3,895,000.00
77TaconicRoadGreenwich$1,995,000.00
89Putnam ParkGreenwich$565,000.00
5RelayCourtCos Cob$955,000.00
15SerenityLaneCos Cob$2,200,000.00
51Forest63AvenueOld Greenwich$875,000.00
51DoublingRoadGreenwich$3,295,000.00
13EdgewaterDriveOld Greenwich$1,895,000.00
37 Carrington Drive, click on photo for details.

Stefanie Lacoff is a licensed real estate agent with Berkshire Hathaway Home Services New England Properties in Greenwich, CT.

Contact Stefanie for assistance selling your home or purchasing a new one.

Text/call: 203-536-9403, email: [email protected]stefanielacoff.bhhsneproperties.com