Greenwich Real Estate Report: Oct 9-Oct 16, 2020

“Mortgage Rates Fall to a Record Low for the 10th Time This Year” ( click on link to see full article in Bloomberg), which continues to contribute to the recent boom in Greenwich real estate sales. We have been seeing a faster paced market with homes selling faster than they were before the pandemic but prices have remained steady. Due to the lack of inventory and high demand, bidding wars are not uncommon right now with houses selling quickly when priced correctly.

As a result, some buyers are signing contracts earlier in the process, sometimes before inspections are completed, in order to reduce the chances of another buyer swooping in with a higher offer after an accepted offer. Inspectors are often booking a week out so it’s to a buyer’s benefit to get the contract signed as soon as possible, with contingencies in place.

This week’s highlights in Greenwich real estate:

  • 40 new to market listings
  • 37 sold properties
  • 33 price reductions
  • 23 contingent contracts
  • 43 pending contracts

Click here to see the Greater Greenwich Quarterly Market Report

Click here to see the Greater Greenwich Monthly Market Report

New listing: 343 Sound Beach Ave , Old Greenwich

343 Sound Beach Ave, Old Greenwich – Click on photo for details
343 Sound Beach Ave, Old Greenwich – Click on photo for details

Located in Old Greenwich, south of the village, one of the most desired area in the NY metro area, this newly renovated house is ready for immediate occupancy. The lot is over-sized with a large flat backyard and a two-car garage. Extensive renovation have just been completed, that include an Encon air-conditioning system, a new third floor playroom, new kitchen appliances, new bathrooms with Carrera marble floor, Kohler fixtures and basketweave tiles. On the outside is a wonderful deck overlooking the backyard, a new roof has been put on and the house has been repainted, the yard has a Summer Rain, Wi-Fi controlled, sprinkler system. You are close to the refined downtown village area and Old Greenwich Elementary and part of the Eastern Middle School district. It’s a wonderful place to live.

There are 62 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 PriceAgency Name
125Field Point1ARoadGreenwich$3,350,000.00Coldwell Banker Realty (COBA01)
125Field PointB1RoadGreenwich$3,350,000.00Coldwell Banker Realty (COBA01)
125Field PointB2RoadGreenwich$3,350,000.00Coldwell Banker Realty (COBA01)
27EvergreenRoadGreenwich$4,849,000.00Berkshire Hathaway N.E. Properties (BHHS01)
17HeronvueRoadGreenwich$2,750,000.00Sotheby’s International Realty (SOTH01)
21HarkimRoadGreenwich$2,125,000.00Houlihan Lawrence (HLAW01)
22FrostRoadGreenwich$4,495,000.00Houlihan Lawrence (HLAW01)
4FordLaneOld Greenwich$4,695,000.00Berkshire Hathaway N.E. Properties (BHHS01)
172MilbankEAvenueGreenwich$3,350,000.00Coldwell Banker Realty (COBA97)
11River108RoadCos Cob$725,000.00William Raveis Real Estate (RAVE01)
22AngusLaneGreenwich$6,250,000.00Douglas Elliman of Connecticut LLC (ELLI01)
212ValleyRoadCos Cob$999,000.00William Raveis Real Estate (RAVE01)
169Mason4AStreetGreenwich$599,000.00William Raveis Real Estate (RAVE01)
364Cedar HillGreenwich$3,695,000.00Douglas Elliman of Connecticut LLC (ELLI01)
73OrchardAPlaceGreenwich$1,999,999.00William Raveis Real Estate (RAVE01)
59ConnecticutAvenueGreenwich$3,900,000.00Coldwell Banker Realty (COBA97)
1FairfieldAvenueOld Greenwich$1,549,000.00William Raveis Real Estate (RAVE01)
3JuniperLaneRiverside$2,995,000.00Houlihan Lawrence (HLAW02)
63LancerRoadRiverside$1,249,000.00Coldwell Banker Realty (COBA01)
27Clapboard RidgeRoadGreenwich$3,995,000.00Douglas Elliman of Connecticut LLC (ELLI01)
44Stirrup44LaneRiverside$839,000.00Coldwell Banker Realty (COBA01)
54Rock MapleRoadGreenwich$4,750,000.00Centric Property Group, Inc (CPGR01)
514Round HillRoadGreenwich$3,975,000.00Coldwell Banker Realty (COBA01)
142Old MillRoadGreenwich$1,295,000.00Nest Seekers International (GCLR01)
77Silo77CircleRiverside$730,000.00Coldwell Banker Realty (COBA02)
12OseePlaceCos Cob$1,250,000.00Berkshire Hathaway N.E. Properties (BHHS01)
26JeffreyRoadGreenwich$2,495,000.00Coldwell Banker Realty (COBA97)
106HustedLaneGreenwich$4,995,000.00Houlihan Lawrence (HLAW01)
123ValleyDriveGreenwich$3,295,000.00Compass Connecticut, LLC (COMP01)
20ShoreRoadOld Greenwich$1,775,000.00Berkshire Hathaway N.E. Properties (BHHS01)
333Palmer Hill1BRoadRiverside$780,000.00Houlihan Lawrence (HLAW01)
16Windy KnollsAGreenwich$849,000.00Keller Williams Prestige Properties (KWRE03)
53Long MeadowRoadRiverside$2,375,000.00Houlihan Lawrence (HLAW01)
35LeonardAvenueRiverside$1,499,000.00Coldwell Banker Realty (COBA02)
261CognewaughRoadCos Cob$1,125,000.00Houlihan Lawrence (HLAW01)
1535E Putnam409AvenueOld Greenwich$320,000.00William Raveis Real Estate (RAVE01)
69LoughlinAvenueCos Cob$1,295,000.00Coldwell Banker Realty (COBA01)
15SerenityLaneCos Cob$2,099,000.00William Raveis Real Estate (RAVE01)
11RexStreetGreenwich$689,999.00William Raveis Real Estate (RAVE02)
84Hunting RidgeRoadGreenwich$1,525,000.00Douglas Elliman of Connecticut LLC (ELLI01)
186Putnam Park186Greenwich$490,000.00William Raveis Real Estate (RAVE01)
82RockwoodLaneGreenwich$2,900,000.00Sotheby’s International Realty (SOTH01)
9W EndAvenueOld Greenwich$1,990,000.00Douglas Elliman of Connecticut LLC (ELLI01)
28Byram TerraceDriveGreenwich$799,000.00Coldwell Banker Realty (COBA01)
35WildwoodDriveGreenwich$1,149,000.00Sotheby’s International Realty (SOTH01)
505E PutnamAvenueGreenwich$2,300,000.00Nest Seekers International (GCLR01)
928LakeAvenueGreenwich$4,995,000.00Coldwell Banker Realty (COBA01)
12RelayPlaceCos Cob$899,000.00Berkshire Hathaway N.E. Properties (BHHS01)
372Cedar HillGreenwich$3,195,000.00Houlihan Lawrence (HLAW01)
339StanwichRoadGreenwich$1,895,000.00Sotheby’s International Realty (SOTH01)
56Prospect56StreetGreenwich$810,000.00William Raveis Real Estate (RAVE01)
7ChapelLaneRiverside$1,795,000.00Halstead Real Estate (HALS01)
75TaconicRoadGreenwich$1,399,000.00William Raveis Real Estate (RAVE01)
21NortonLaneOld Greenwich$2,650,000.00Houlihan Lawrence (HLAW01)
19Church2Street WestGreenwich$475,000.00New England Land Company (NELC01)
18WyndoverLaneCos Cob$1,200,000.00Sotheby’s International Realty (SOTH01)
500River1RoadCos Cob$950,000.00William Raveis Real Estate (RAVE01)
87OrchardDriveGreenwich$3,250,000.00TREC Realty LLC (BATT01)
27PerryridgeRoadGreenwich$1,945,000.00Douglas Elliman of Connecticut LLC (ELLI01)
45Ettl504LaneGreenwich$675,000.00Sotheby’s International Realty (SOTH01)
15StanwichRoadGreenwich$1,795,000.00William Raveis Real Estate (RAVE01)
40PeckslandRoadGreenwich$3,250,000.00Centric Property Group, Inc (CPGR01)

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]