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Carolyn Sarsen 203.253.0441 Jack Sarsen 203.253.0476 [email protected] @jsarsen Greenwich Real Estate Market Report December 2018

Greenwich Real Estate Market Report - Amazon S3 · Greenwich Real Estate Market Report December 2018. December 2018 Summary t Single Family Homes Sold 50 ... 2016 $2,523,761 $1,321,117

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Page 1: Greenwich Real Estate Market Report - Amazon S3 · Greenwich Real Estate Market Report December 2018. December 2018 Summary t Single Family Homes Sold 50 ... 2016 $2,523,761 $1,321,117

Carolyn Sarsen 203.253.0441

Jack Sarsen 203.253.0476

[email protected]

@jsarsen

Greenwich Real Estate Market Report December 2018

Page 2: Greenwich Real Estate Market Report - Amazon S3 · Greenwich Real Estate Market Report December 2018. December 2018 Summary t Single Family Homes Sold 50 ... 2016 $2,523,761 $1,321,117

December 2018 Summary

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Single Family Homes Sold 50

Average Original List Price $3,312,370

Average List Price $3,021,230

Average Sale Price $2,705,875

Average Days on Market 250

This report provides monthly statistics and commentary on the Greenwich, Cos Cob, Riverside, and Old Greenwich Residential

Real Estate Sales. Please contact us with any questions or comments at [email protected]

Source: Greenwich MLS

Page 3: Greenwich Real Estate Market Report - Amazon S3 · Greenwich Real Estate Market Report December 2018. December 2018 Summary t Single Family Homes Sold 50 ... 2016 $2,523,761 $1,321,117

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December 2018

Total SoldOriginal Average List Price

Average List Price

Average Sale Price

% Sale To List Price

Greenwich 27 $4,410,796 $4,023,870 $3,513,296 87.31%

Cos Cob 5 $1,250,000 $1,166,000 $1,152,452 98.84%

Riverside 9 $2,614,222 $2,344,111 $2,244,167 95.74%

Old Greenwich

9 $1,860,556 $1,721,111 $1,608,333 93.45%

All Areas 50 3,312,370 3,021,230 2,705,875 89.56%

Greenwich Cos Cob Riverside Old Greenwich

Total

Under $1M 7 2 0 1 10

$1M - $2M 7 3 6 5 21

$2M - $3M 2 0 1 3 6

$3M - $4M 4 0 0 0 4

$4M - $5M 2 0 1 0 3

$5M - $7.5M 1 0 1 0 2

$7.5M – 10M 2 0 0 0 2

$10M+ 2 0 0 0 2

Total 27 5 9 9 50

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Source: Greenwich MLS

Page 4: Greenwich Real Estate Market Report - Amazon S3 · Greenwich Real Estate Market Report December 2018. December 2018 Summary t Single Family Homes Sold 50 ... 2016 $2,523,761 $1,321,117

December 2018

July '18 August '18 September '18 October '18 November '18 December '18

Greenwich 2,556,949 2,524,211 2,137,625 2,417,088 1,990,711 3,513,296

Cos Cob 1,757,188 1,227,967 1,510,000 1,467,855 1,408,636 1,152,452

Riverside 2,168,487 3,107,571 2,306,938 1,925,727 2,160,000 2,244,167

Old Greenwich

2,385,493 1,574,750 1,314,833 3,023,000 2,184,063 1,608,333

All Areas 2,364,509 2,339,135 2,045,190 2,225,829 1,903,432 2,705,875

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Source: Greenwich MLS

0

500000

1000000

1500000

2000000

2500000

3000000

3500000

4000000

July '18 August '18 September '18 October '18 November '18 December '18

Greenwich Cos Cob Riverside Old Greenwich All Areas

Monthly Average Sales Price July 2018 – December 2018

Page 5: Greenwich Real Estate Market Report - Amazon S3 · Greenwich Real Estate Market Report December 2018. December 2018 Summary t Single Family Homes Sold 50 ... 2016 $2,523,761 $1,321,117

December 2018

Greenwich Cos Cob Riverside Old Greenwich Average

2011 $3,058,461 $1,116,709 $1,856,570 $1,905,612 $2,429,922

2012 $2,827,258 $1,224,822 $2,135,382 $2,271,284 $2,381,680

2013 $2,738,692 $1,241,224 $1,962,381 $1,753,566 $2,245,169

2014 $3,204,246 $1,254,599 $2,000,920 $2,564,436 $2,688,908

2015 $2,821,384 $1,365,294 $2,275,811 $2,017,058 $2,421,486

2016 $2,523,761 $1,321,117 $2,121,617 $1,997,289 $2,203,756

2017 $2,929,451 $1,331,752 $2,371,436 $2,455,256 $2,579,696

2018 $2,692,035 $1,558,398 $2,368,296 $2,166,275 $2,396,448

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Source: Greenwich MLS

0

500000

1000000

1500000

2000000

2500000

3000000

3500000

4000000

Greenwich Cos Cob Riverside Old Greenwich Average

2011 2012 2013 2014 2015 2016 2017 2018

Year-To-Date Single Family Homes Average Sale Price By Area

Jan 1st – December 31st

Page 6: Greenwich Real Estate Market Report - Amazon S3 · Greenwich Real Estate Market Report December 2018. December 2018 Summary t Single Family Homes Sold 50 ... 2016 $2,523,761 $1,321,117

December 2018

Greenwich Cos Cob Riverside Old Greenwich Total

2011 280 53 106 87 526

2012 292 78 122 89 581

2013 327 68 145 106 646

2014 340 67 96 105 608

2015 319 66 114 102 601

2016 305 79 93 98 575

2017 326 67 100 77 570

2018 316 84 106 87 593

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Mar

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Source: Greenwich MLS

0

87.5

175

262.5

350

437.5

525

612.5

700

Greenwich Cos Cob Riverside Old Greenwich Total

2011 2012 2013 2014 2015 2016 2017 2018

Year-To-Date Number Of Single Family Homes Sold By Area

Jan 1st – December 31st

Page 7: Greenwich Real Estate Market Report - Amazon S3 · Greenwich Real Estate Market Report December 2018. December 2018 Summary t Single Family Homes Sold 50 ... 2016 $2,523,761 $1,321,117

December 2018

Greenwich Cos Cob Riverside Old Greenwich Total

2011 219 141 155 104 179

2012 202 153 121 164 172

2013 189 131 131 103 156

2014 209 102 110 116 165

2015 209 142 123 157 176

2016 220 161 155 149 189

2017 252 149 152 184 213

2018 227 163 175 176 201

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Source: Greenwich MLS

0

43.333

86.667

130

173.333

216.667

260

Greenwich Cos Cob Riverside Old Greenwich Total

2011 2012 2013 2014 2015 2016 2017 2018

Year-To-Date Single Family Homes Average Days On Market Jan 1st – December 31st

Page 8: Greenwich Real Estate Market Report - Amazon S3 · Greenwich Real Estate Market Report December 2018. December 2018 Summary t Single Family Homes Sold 50 ... 2016 $2,523,761 $1,321,117

Single Family Sold | December 2018 | Greenwich

December 2018

Address Design SqFt YrBlt YrRnv Bd FB HB Acres List Price Sold Price DOM Close Date

292 Delavan Avenue SeeRmks 1188 1908 0 0 0 0.11 375000 382000 13 12/04/2018

52 Oak Ridge Street SeeRmks 1449 1958 3 1 1 0.23 495000 500000 33 12/14/2018

495 Den Lane Colonial 2066 1933 2007 3 2 0 0.15 659000 659000 46 12/17/2018

7 Indian Pass Cape Cod 1225 1945 3 1 1 0.18 820000 820000 0 12/13/2018

107 Elm Street Colonial 1373 1909 2017 3 2 0 0.09 975000 915000 48 12/05/2018

1044 North Street Colonial 2327 1834 2005 4 3 1 0.96 1050000 950000 166 12/18/2018

45 Hickory Drive Colonial 3860 2001 2015 4 3 1 0.36 999500 975000 288 12/10/2018

34 Connecticut Avenue Colonial 1852 1890 1996 3 3 1 0.10 1095000 1015000 179 12/18/2018

183 Maple Avenue Colonial 3800 1969 6 3 1 0.33 1295000 1275000 14 12/05/2018

49 Sumner Road Col Ranch 4542 1954 2018 4 4 1 4.00 1399000 1405000 507 12/26/2018

7 Hettiefred Road Ranch 2156 1956 2018 4 3 0 1.00 1495000 1450000 151 12/14/2018

250 Weaver Street Colonial 3100 2018 4 3 1 0.20 1495000 1495000 0 12/28/2018

2 Maher Court Tudor 2884 1925 2006 4 3 1 0.28 1500000 1500000 0 12/17/2018

14 Copper Beech Road Ranch 2442 1965 4 2 1 1.02 1770000 1650000 49 12/12/2018

21 Knollwood Drive Colonial 4463 1981 2012 6 4 2 2.38 2499000 2475000 478 12/27/2018

8 Rockwood Lane Spur Colonial 4919 1958 2018 5 4 1 2.16 2895000 2899000 52 12/14/2018

54 Pecksland Road Normandy 6404 1919 2009 6 6 2 3.17 3495000 3225000 161 12/12/2018

221 Taconic Road Colonial 4221 1936 2006 4 4 2 4.88 3590000 3350000 346 12/21/2018

45 Midwood Road Colonial 4696 1957 2014 4 4 1 2.18 3695000 3550000 897 12/06/2018

230 Byram Shore Road ShoreCol 5577 1978 2006 6 5 1 0.46 3700000 3600000 195 12/07/2018

156 Taconic Road Colonial 13920 2014 2016 7 6 3 4.01 5350000 4985000 202 12/04/2018

918 North Street EngMan 10385 2006 7 7 2 4.25 4999000 4999000 228 12/18/2018

42 Mooreland Road Mediterran 12047 2005 6 10 4 4.44 6599000 6530000 12 12/07/2018

113 Meadow Wood Drive EngMan 7139 1892 1995 7 8 2 0.91 7850000 7600000 49 12/12/2018

707 Lake Avenue EngMan 9377 2003 7 8 2 2.44 8655000 8655000 0 12/04/2018

11 Mayfair Lane Normandy 11927 1930 1998 7 9 2 13.07 14900000 10500000 133 12/18/2018

110 Clapboard Ridge Road

GeorgCol 0 2011 6 7 6 5.34 24995000 17500000 846 12/21/2018

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Source: Greenwich MLS

Address Design SqFt YrBlt YrRnv Bd FB HB Acres List Price Sold Price DOM Close Date

43 Mianus View Terrace Ranch 1476 1965 2 1 1 0.27 795000 817000 24 12/10/2018

23 Fado Lane RaisdRnch 1794 1965 2015 3 2 0 0.51 875000 867562 163 12/14/2018

19 Dartmouth Road Colonial 3210 1965 5 3 1 2.41 1100000 1202700 46 12/10/2018

116 Old Stone Bridge Road Colonial 7002 1978 1998 5 4 1 1.16 1495000 1395000 231 12/15/2018

311 Cognewaugh Road Colonial 5040 1975 2004 6 4 2 0.78 1565000 1480000 218 12/04/2018

Single Family Sold | December 2018 | Cos Cob

Page 9: Greenwich Real Estate Market Report - Amazon S3 · Greenwich Real Estate Market Report December 2018. December 2018 Summary t Single Family Homes Sold 50 ... 2016 $2,523,761 $1,321,117

Single Family Sold | December 2018 | Riverside

December 2018

Address Design SqFt YrBlt YrRnv Bd FB HB Acres List Price Sold Price DOM Close Date

26 Chapel Lane Bungalow 1704 1912 1991 3 1 0 0.26 1035000 1035000 5 12/03/2018

33 Pleasant Street Colonial 4516 2005 6 4 2 0.32 1399000 1300000 154 12/26/2018

11 Wesskum Wood Road Cape Cod 1982 1948 3 2 0 0.42 1600000 1405000 49 12/20/2018

62 Long Meadow Road Colonial 2666 1955 2018 4 3 1 0.41 1499000 1425000 266 12/31/2018

1 Finney Knoll Lane Colonial 2972 2005 4 4 1 0.19 1695000 1500000 355 12/04/2018

17 Wescott Street Colonial 3237 2015 2015 4 3 1 0.21 1729000 1650000 228 12/14/2018

7 Finney Knoll Lane ShingleSty 3669 2006 2016 4 4 1 0.19 2450000 2425000 26 12/12/2018

20 Marks Road Colonial 6097 2013 2016 5 4 1 0.30 4195000 4210000 23 12/17/2018

96 Club Road Victorian 7590 1898 2007 6 4 2 1.22 5495000 5247500 489 12/21/2018

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Source: Greenwich MLS

Address Design SqFt YrBlt YrRnv Bd FB HB List Price Sold Price DOM Close Date

169 Mason Street 3J HiRise 1940 2013 1 1 0 315000 285000 191 12/06/2018

1535 Putnam Avenue 307 Townhouse 675 1975 1 1 0 295000 285000 105 12/12/2018

1535 Putnam Avenue 401 SeeRmks 674 1975 1 1 0 315000 310000 34 12/03/2018

52 Lafayette Place 1A HiRise 980 1956 2 1 0 399000 390000 134 12/14/2018

40 Elm Street 4C GeorgCol 750 1939 2005 0 1 0 459000 410000 309 12/27/2018

12 Glenville Street 203 SeeRmks 1294 1981 2014 2 2 1 519000 493000 2 12/12/2018

20 Church Street A36 HiRise 1038 1945 2015 1 1 0 599000 537500 29 12/21/2018

310 Bruce Park Avenue 5 Contemp 1576 1983 2 2 1 569000 549000 144 12/03/2018

453 Putnam Avenue 4C Townhouse 1464 1991 2 2 1 585000 550000 42 12/06/2018

205 River West Townhouse 1792 1982 2002 2 2 1 649000 625000 41 12/20/2018

47 Lafayette Place 4B Tudor 1131 1925 2018 2 1 1 699000 685000 42 12/10/2018

60 Prospect Street B SeeRmks 1700 1904 2018 2 2 0 765000 742500 280 12/28/2018

47 Lafayette Place 6A Tudor 1276 1925 2006 2 1 1 795000 750000 199 12/14/2018

33 Putnam Avenue 1B GeorgCol 1400 1993 2007 1 1 1 850000 750000 114 12/27/2018

25 Home Place 3 Townhouse 2082 1988 2010 2 3 0 879000 835000 43 12/18/2018

619 Lyon Farm Drive 619 Contemp 2804 1977 2007 3 3 1 1139000 1035000 147 12/05/2018

37 Davenport Avenue 3 Townhouse 2684 1989 2006 3 2 2 1250000 1150000 493 12/28/2018

62-68 Sound View Drive 2 - West

ShingleSty 2278 2018 3 3 1 2549000 2485000 953 12/20/2018

62-68 Sound View Drive 1-East

ShingleSty 2278 2018 3 3 1 2595000 2500000 968 12/14/2018

62-68 Sound View Drive 2 East

ShingleSty 2278 2018 3 3 1 2495000 2500000 977 12/20/2018

62-68 Sound View Drive 1-West

ShingleSty 2278 2018 3 3 1 2595000 2550000 9 12/11/2018

62-68 Sound View Drive PH - East

ShingleSty 2278 2018 3 3 1 3400000 3280000 57 12/20/2018

Condominiums Sold | December 2018 | Town-Wide

Address Design SqFt YrBlt YrRnv Bd FB HB Acres List Price Sold Price DOM Close Date

31 Ridge Road Cape Cod 1752 1952 1999 3 2 0 0.28 965000 910000 176 12/11/2018

37 Sound Beach Avenue Colonial 1980 1965 2018 3 2 1 0.14 1093000 1000000 91 12/14/2018

15 Robin Place Split 1498 1954 1954 3 2 1 0.43 1097000 1065000 155 12/03/2018

10 Lockwood Drive Cape Cod 1702 1940 2013 3 2 0 0.19 1250000 1250000 215 12/19/2018

16 Cross Ridge Drive Split 3295 1957 2017 4 3 1 0.48 1475000 1445000 115 12/14/2018

18 Forest Avenue Colonial 2592 1913 2018 4 3 1 0.18 1825000 1700000 81 12/03/2018

22 Meadowbank Road Colonial 3276 2007 3 2 1 0.29 2195000 2150000 232 12/12/2018

26 Forest Avenue Colonial 5500 2006 2017 5 6 2 0.44 2795000 2380000 661 12/20/2018

110 Shore Road Colonial 3839 1890 2005 5 4 2 0.31 2795000 2575000 51 12/05/2018

Single Family Sold | December 2018 | Old Greenwich