Greenwich Ct Real Estate
November was not a crazy month by any stretch of the imagination. We had 25 sales, which is pretty close to the 29 we had in 2009. Historically it is never a big month as most people are consumed by (or consuming) turkey and football. This odd period between the holidays is never really a hot time. One thing I would like to point out about this November is that the sales were considerably smaller in price than the average and last November. We saw an average sales price of $1.375m, which is about a million less than the average. There were many condo and apartment transactions in Greenwich.For the year, sales are way up when compared to 2009 and inventory has remained about the same. I see this as a good sign for things to come. I expect the inventory number to jump come January and February for cyclical reasons - people like to buy and sell in the spring and people like to buy when they have money/bonuses.
54 Doubling ($1.695m) went into contract the day before Thanksgiving and is now available again; too bad for the sellers. It's a really neat home that someone will enjoy. Yes, it is close to the street, but Doubling doesn't get that much traffic and you really feel protected on the property. Its not your normal flat square lot, this is really for a buyer who wants something truly original. With a birthyear of 1839, I have to imagine this is one of the older structures in the area. Almost all of the interior is in great condition, you just need to figure out how to raise the ceiling in the living area. Worth a look for those that like character.
For those of you who like following everything on Facebook, GreenwichCT.com now has a fan page. This page will display every post you see on GreenwichCT.com.If you are interested in only following along the 365 Things to do in Greenwich you can go here or for just the real estate posts you can go here.
- older posts
- newer posts