33 Open House in Greenwich, CT on 7/1/12 - $218K to $7.8MM

Old Greenwich, Riverside & Cos Cob have busy sales month; New listings under $1M are very popular as supply is limited; Inventory shrinks as sales out pace new listings

We have 33 open houses this week in Greenwich. If you are looking for over $2 million dollar houses in Riverside and Old Greenwich this is a good week as we have 9 of them for your viewing pleasure.

This week we have almost an even price distribution with 11 open houses under $1 million, 9 between $1 and 2 million, and 11 over $2 million. You can find the  list of Greenwich open housed below,  see the interactive map here and find detailed instructions for its use here

If you would like to get the open house list and market report emailed to you each week just drop me a line at mark@prudentialct.com with your name and email address.

Market Report

June is traditionally the biggest months for sales in Greenwich and this past week bears that out. We had 23 single family home closings in the past week and another 21 go to executed contract just waiting to close. We also have 22 homes with accepted offers or contingent contracts.On the intake side we only have 20 new listings so inventory as usual is shrinking.

The under $2 million dollar market continues hot with 17 of the 23 sales closing for under that price. Old Greenwich, Riverside, and this week Cos Cob, have the bulk of the sales. No properties were sold in mid-country or backcountry, but it's only one week of sales.

At Realtor open houses this week we had several new listings under $1 million and they were the most active as agents were looking for inventory to sell in this hot segment. (We have a couple of nice new ones if anyone would like to see them.) We a limited number of options in this price range in OG and Riverside. Cos Cob seems to be the new hot spot as buyers get serious about closing on something before school starts in a couple of months.

On the seller's side we had 23 price reductions.  For motivated sellers we often see price reductions around any of three dates, 30, 45 and 90 days on market as many sellers and their agents factor in scheduled price reductions into their marketing strategy.

Overall the market continues at a nice pace for most houses and areas, some hotters than others, but for most a market well balanced between buyers and sellers.



Address Town List Price
Open House Time Broker 25 Oval Ave. Riverside $7,900
2-4 PM Raveis 21 Cat Rock Rd. Cos Cob $9,000
2-4 PM Coldwell Bnkr 9 South End Ave. Old Greenwich $218,000
2-4 PM Raveis Putnam Park #87 Greenwich $397,000
2-4 PM Raveis Putnam Park #72 Greenwich $615,000
1-4 PM Weichert 19 LeGrande Ave.  #16 Greenwich $649,000
2-4 PM Raveis 230 Valley Rd. Cos Cob $685,000
2-4 PM Raveis 28 Woods Ave. Greenwich $699,000
12-3 PM Raveis 60 Valley Rd. Cos Cob $699,500
2-4 PM Raveis 6 Robertson Ln.  #3 Cos Cob $749,000
2-4 PM Coldwell Bnkr 41 Windsor Ln. Cos Cob $875,000
2-4 PM Raveis 127 Lake Ave. Greenwich $920,000
2-4 PM Coldwell Bnkr 20 West End Ave. Old Greenwich $950,000
2-4 PM Raveis 71 Orchard Pl.  #B Greenwich $1,165,000
2-4 PM Coldwell Bnkr 67 Bowman Dr. Greenwich $1,175,000
2-4 PM Anderson 86 Lower Cross Rd. Greenwich $1,349,000
1-4 PM Weichert 16 Norton Ln. Old Greenwich $1,595,000
1-3 PM Raveis 25 Oval Ave. Riverside $1,595,000
2-4 PM Raveis 99 Stanwich Rd. Greenwich $1,675,000
1-3 PM Higgins Grp 21 Cat Rock Rd. Cos Cob $1,695,000
2-4 PM Coldwell Bnkr 33 Ferncliff Rd. Cos Cob $1,875,000
2-4 PM Prudential 127 Havemeyer Pl. Greenwich $1,897,000
1-4 PM Raveis 7 Lighthouse Ln. Old Greenwich $2,475,000
2-4 PM Grnwch Fine Prop 18 Welwyn Rd. Riverside $2,650,000
1-3 PM Prudential 11 Grimes Rd. Old Greenwich $2,675,000
2-4 PM Coldwell Bnkr 71 Valley Rd. Cos Cob $2,695,000
1-4 PM Raveis 21 Lake Dr. Riverside $2,695,000
1-3 PM Shore & Cntry 35 Shore Rd. Old Greenwich $2,995,000
2-4 PM Grnwch Fine Prop 20 Stoney Ridge Ln. Riverside $2,995,000
2-4 PM Shore & Cntry 196 Dolphin Cove Quay Stamford $2,995,000
1-4 PM Prudential 1 Tyler Ln. Riverside $3,275,000
12-3 PM Weichert 2 Parsonage Rd. Greenwich $4,295,000
1-3 PM Round Hill Prtnr 170 Old Mill Rd. Greenwich $7,795,000
3-5 PM Sotheby's

Here are property-transfer and similar columns in other Patch communities:

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