Greenwich Real Estate Report: March 19-March 26, 2021

This week’s highlights in Greenwich real estate:

• 49 new to market listings (Click here to see the full list of new homes for sale)
• 15 sold properties (Click here to see the full list of sold homes)
• 12 price reductions
• 34 contingent contracts (Click here to see the full list of homes under contract)
• 33 pending contracts

Towards the end of 2020, I wrote that I thought the market would be very active again at the beginning of 2021. Not only is it active now, it’s on fire and many homes are selling as a result of bidding wars. Inventory is very low, making for a challenging market for buyers but lucrative for sellers, with many homes selling for above the asking price. Serious buyers should go see houses as soon as they go on the market and put in their highest and best offers immediately. Lowballing a well-priced home will not win the bid today. Homes that are priced correctly are selling in a matter of days. However, when sellers try to overprice their homes above market value, it hurts the sale, sits on the market longer than necessary and ultimately it will likely sell for less money than it would have if it was priced correctly when first listed.

One of a kind, raw space, direct waterfront opportunity in Greenwich, CT. Spectacular 3rd floor Co-op, offering panoramic dazzling views of Greenwich Harbor and the Long Island Sound with flexible floor plan. Unique 3 contiguous units, ready for a buyer to create their dream home. 3 balconies, boat slip option, heated indoor parking & resident superintendent. Walk to train shopping & restaurants. A truly unique opportunity to own approximately 3821+/- sq ft on the water and build out to your specifications… a blank canvas! No other property like this on the water!

There are 40 public open houses this weekend. Please bring a mask and plan to social distance.

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

Street #	Street Name	Unit #	Street Suffix	City	List Price	Agency Name	List Date
20	Marks		Road	Riverside	$4,495,000.00	Houlihan Lawrence (HLAW01)	3/26/21
16	Dingletown		Road	Greenwich	$6,300,000.00	Houlihan Lawrence (HLAW01)	3/25/21
32	Coachlamp		Lane	Greenwich	$1,695,000.00	Berkshire Hathaway N.E. Properties (BHHS01)	3/24/21
185	Milbank	W	Avenue	Greenwich	$2,875,000.00	Douglas Elliman of Connecticut LLC (ELLI01)	3/24/21
18	Osee		Place	Cos Cob	$2,095,000.00	Dawn Frattaroli (FRAT01)	3/24/21
73	Hillcrest Park		Road	Old Greenwich	$2,350,000.00	Compass Connecticut, LLC (COMP01)	3/23/21
273	Riversville		Road	Greenwich	$1,795,000.00	Houlihan Lawrence (HLAW01)	3/23/21
28	Heusted		Drive	Old Greenwich	$3,175,000.00	Houlihan Lawrence (HLAW02)	3/22/21
9	Norton		Lane	Old Greenwich	$2,295,000.00	Compass Connecticut, LLC (COMP01)	3/22/21
7	Buena Vista		Drive	Greenwich	$695,000.00	Berkshire Hathaway N.E. Properties (BHHS01)	3/18/21
85	Sherwood		Place	Greenwich	$1,870,000.00	Houlihan Lawrence (HLAW01)	3/17/21
1525	E Putnam	308	Avenue	Old Greenwich	$489,000.00	Berkshire Hathaway N.E. Properties (BHHS01)	3/17/21
44	Summit		Road	Riverside	$1,995,000.00	Compass Connecticut, LLC (COMP01)	3/16/21
71	Indian Harbor		Drive	Greenwich	$1,495,000.00	Compass Connecticut, LLC (COMP01)	3/12/21
6	Interlaken		Road	Greenwich	$2,495,000.00	William Raveis Real Estate (RAVE01)	3/10/21
15	Greenwich Hills	15	Drive	Greenwich	$749,999.00	Houlihan Lawrence (HLAW01)	3/5/21
7	Hoover		Road	Riverside	$855,000.00	Sotheby’s International Realty (SOTH01)	3/3/21
17	Cotswood		Road	Greenwich	$2,795,000.00	Coldwell Banker Realty (COBA01)	3/3/21
51	Forest	50	Avenue	Old Greenwich	$1,365,000.00	Berkshire Hathaway N.E. Properties (BHHS01)	3/2/21
25	Greenwich Hills	25	Drive	Greenwich	$729,000.00	Houlihan Lawrence (HLAW01)	3/1/21
3	Fairgreen		Lane	Old Greenwich	$2,395,000.00	Berkshire Hathaway N.E. Properties (BHHS01)	2/22/21
273 & 277	Pemberwick		Road	Greenwich	$995,000.00	Houlihan Lawrence (HLAW01)	2/22/21
41	Westview		Place	Riverside	$1,685,000.00	Compass Connecticut, LLC (COMP01)	1/25/21
19	Woodland	B	Drive	Greenwich	$2,050,000.00	Coldwell Banker Realty (COBA01)	1/22/21
81	Bible	A	Street	Cos Cob	$1,495,000.00	Coldwell Banker Realty (COBA97)	1/19/21
9	Witherell		Drive	Greenwich	$3,995,000.00	Douglas Elliman of Connecticut LLC (ELLI01)	1/13/21
70	Riverdale	703	Avenue	Greenwich	$795,000.00	William Raveis Real Estate (RAVE01)	1/11/21
15	Reynwood Manor		Greenwich	$8,275,000.00	Coldwell Banker Realty (COBA01)	1/7/21
60	Orchard		Street	Cos Cob	$1,200,000.00	Sotheby’s International Realty (SOTH01)	1/5/21
225	Milbank	2	Avenue	Greenwich	$1,800,000.00	Sotheby’s International Realty (SOTH01)	12/11/20
14	Patricia		Lane	Cos Cob	$2,345,000.00	William Pitt Sotheby’s Int’l (WPSO01)	12/3/20
63	Indian Harbor	7	Drive	Greenwich	$890,000.00	Douglas Elliman of Connecticut LLC (ELLI01)	11/25/20
702	Steamboat	3	Road	Greenwich	$4,950,000.00	Coldwell Banker Realty (COBA01)	11/23/20
123	Dingletown		Road	Greenwich	$4,990,000.00	Brown Harris Stevens CT, LLC (BROW01)	11/20/20
29	Cary		Road	Riverside	$1,125,000.00	New England Land Company (NELC01)	11/4/20
39	Hettiefred		Road	Greenwich	$1,399,000.00	Compass Connecticut, LLC (COMP01)	10/28/20
47	lafayette	1i	Place	Greenwich	$795,000.00	Coldwell Banker Realty (COBA01)	10/27/20
46	Mianus View		Terrace	Cos Cob	$1,160,000.00	Berkshire Hathaway N.E. Properties (BHHS01)	10/6/20
3	Gaston Farm		Road	Greenwich	$2,300,000.00	Coldwell Banker Realty (COBA01)	8/26/20
282	Round Hill		Road	Greenwich	$3,750,000.00	Sotheby’s International Realty (SOTH01)	5/28/20