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Leaf Watching and 45 Open Houses This Sunday

Old Greenwich Real Estate, South of the Village is the hottest market.

 

If you want to see just how beautiful Greenwich can be, this is the weekend for you. The foliage in the backcountry is at its peak and near its peak along the shore. So get out and see the 45 open houses this Sunday ranging in price from $375,000 to almost $7,000,000. You have plenty of places to check out the beautiful trees.

To map out your route  see the live interactive map of the open houses here and the full open house list below. Check the key on the left of the interactive map for your price range.

 

OLD GREENWICH REAL ESTATE MARKET STATISTIC

  • South of the Village (SoVi) Hottest Market
  • Up 17% in Two Years
  • 6 months supply of houses

 

Sales Price –  $2,495,000

Any Realtor will tell you that Old Greenwich and Riverside have been the hottest markets this year. Within these two villages, the hottest market is Old Greenwich south of the village. So let’s take a look at what is going on there. We have had 38 sales ranging in price from $627,000 to $14.1 million. That lower price is a little deceptive since the next lowest sales price $1,100,000. The median price for this hot area is $2,495,000 and the average price is $3,284,378.

 

Sales Price up 17% over Assessor's Value

When you take the sales price and divide it by the Greenwich Tax Assessor’s market valuation you come up with a 17.3% median increase since the Oct. 1, 2010 property revaluation. The average increase is 21%. Either one is a very nice return in a low inflation environment.

 

Days on Market - 80

The average number of days on market is 178, but this is pushed way up by four listing queens that were on the market for more than 588 days with the longest being 1,258 days. The median DOM is only 80 days and at the other end, one house only lasted 3 days. If you want to buy in Old Greenwich south of the village don’t wait. If you figure 45 days from accepted offer to closing then the median time available on market is only 35 days.

Percent of Sales Price – 95%,  Cost per square foot $643

For all of Greenwich the percent of sales price to last list price is 93.5%. In OG SoVi it is 94.8%. The cost per square foot is also substantially higher coming in at median of $643 per square foot. This is for a median house of 3,676 square feet located only on a median acreage of .36, which makes OG SoVi a great place to go trick or treating.

 

GREENWICHSTREETS.COM OPEN HOUSE LIST FOR SUNDAY, OCT. 21, 2012

 

Address

Town

List Price

Time

Broker

60 Valley Road #A

Cos Cob

$4K

2-4 PM

Raveis

60 Valley Road #B

Cos Cob

$4.2K

2-4 PM

Raveis

543 Stanwich Road

Greenwich

$6.4K

1-4 PM

Raveis

81 Sherwood Place #D

Greenwich

$8.5K

1-4 PM

Prudential

30 Sherwood Avenue

Greenwich

$12.5K

1-3 PM

Prudential

117 Putnam Park #117

Greenwich

$375K

2-4 PM

Sotheby's

1535 E Putnam Avenue #402

Old Greenwich

$389.5K

1-3 PM

Raveis

50 Valley Road #A2

Cos Cob

$437.5K

1-3 PM

Sotheby's

51 Forest Avenue #123

Greenwich

$499K

1-4 PM

Prudential

207 Sheephill Road

Riverside

$525K

1-3 PM

Shore & Cntry Prop

49 Valley Road #A1

Cos Cob

$598K

1-3 PM

Sotheby's

60 Valley Road #A

Cos Cob

$599K

2-4 PM

Raveis

47 Lafayette Place #4-I

Greenwich

$599K

1-4 PM

Prudential

60 Valley Road #B

Cos Cob

$624.9K

2-4 PM

Raveis

98 Putnam Park #98

Greenwich

$695K

1-4 PM

Raveis

133 Lake Avenue

Greenwich

$749K

1-4 PM

Prudential

89 Prospect St

Greenwich

$799K

1-3 PM

Sotheby's

5 North Ridge Rd

Old Greenwich

$898K

3-5 PM

Prudential

25 Griffith Road

Riverside

$1.099M

2-4 PM

Raveis

38 Breezemont Avenue

Riverside

$1.125M

1-4 PM

Sotheby's

60 Valley Road A&B

Cos Cob

$1.22M

2-4 PM

Raveis

13 Center Drive

Old Greenwich

$1.245M

2-4 PM

Sotheby's

116 Lockwood Road

Riverside

$1.275M

2-4 PM

Raveis

17 Stuart Drive

Old Greenwich

$1.375M

2-4 PM

Sotheby's

81 Sherwood Place #D

Greenwich

$1.425M

1-4 PM

Prudential

130 Woodside Drive

Greenwich

$1.469M

2-4 PM

Sotheby's

77 Sherwood Place #B

Greenwich

$1.525M

1-4 PM

Prudential

24 Burning Tree Road

Greenwich

$1.6999M

2-4 PM

Sotheby's

34 Bote Road Lot 10 Tomney Road

Greenwich

$1.75M

1-4 PM

Raveis

127 Havemeyer Place

Greenwich

$1.797M

1-4 PM

Raveis

43 Stag Lane

Greenwich

$1.85M

2-4 PM

Sotheby's

212 Bible Street

Cos Cob

$1.995M

2-4 PM

Sotheby's

112 Taconic Road

Greenwich

$1.995M

1-4 PM

Prudential

18 Welwyn Road

Riverside

$2.65M

1-4 PM

Prudential

19 Crescent Road

Riverside

$2.695M

2-4 PM

Raveis

30 Sherwood Avenue

Greenwich

$2.75M

1-3 PM

Prudential

30 Sherwood Avenue

Greenwich

$2.75M

1-3 PM

Prudential

543 Stanwich Road

Greenwich

$2.825M

1-4 PM

Raveis

543 Stanwich Road

Greenwich

$2.825M

1-4 PM

Raveis

127 Dingletown Road

Greenwich

$3.199M

1-4 PM

Raveis

55 Will Merry Lane

Greenwich

$3.25M

2-4 PM

Coldwell Bnkr

64 Hillcrest Park

Old Greenwich

$3.495M

2-4 PM

Sotheby's

1200 Lake Avenue

Greenwich

$3.85M

1-3 PM

Prudential

487 North Street

Greenwich

$5.495M

2-4 PM

Coldwell Bnkr

23 Cliffdale Road

Greenwich

$6.95M

12-2 PM

Sotheby's

 

 

 

 

Thanks to Prudential agents, Jared Randall for hot linking the addresses and to Rob Pulitano for preparing the list.  If anyone would like to set up an email alert so they know when new listings or price changes occur in Old Greenwich or any other area of town feel free to contacct us.

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