Real Estate Archives

WHITHER OUR REAL ESTATE INVENTORY TO WHERE?

Greenwich Sentinel·
March 12, 2021·

Inventory is way down in Greenwich. In fact, it’s at all-time, record lows. At the end of February, we only had 277 listings and this was actually down from January 1st which is traditionally the low point of the year for inventory. This low inventory is being caused by a variety factors including private sales, homeowners waiting to be vaccinated, little shadow inventory and very little new construction.

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GREENWICH REAL ESTATE SEEING MORE PRICE INCREASES

Greenwich Sentinel·
February 19, 2021·

Greenwich real estate prices were slow to grow in 2020, but have taken a sudden spurt in the first 6 weeks of 2021 as demand is high and inventory is at record lows.

2020 – A Very Good Year for Greenwich Condo Sales

Greenwich Sentinel·
January 21, 2021·

Greenwich Condo sales had an amazing year, which is surprising given that many Covid refugees fled NYC to get away from densely built housing. In Greenwich that wasn't true, at least not in the last 5 months of the year where sales were up over 100% from 2019.

January 15 2021 Issue for Real Estate

Greenwich Sentinel·
January 19, 2021·

In Greenwich’s Hottest Sales Year Why are Some Neighborhood Stats Down?

Greenwich Sentinel·
January 15, 2021·

Covid clearly pushed up sales in Greenwich, Connecticut, but other factors led to increased sales in 2021. People want bigger houses and bigger lots, the opposite of what they wanted after the Recession. As a result some neighborhoods did extraordinarily well, while other actually saw a slight decline in sales. Trends indicate that price may jump in

Over 1,000 Transactions – One Amazing Year in Greenwich Real Estate

Greenwich Sentinel·
January 12, 2021·

Greenwich real estate sales set several records in 2020 with over $2.3 billion sales, move than even the boom year of 2004. Inventory is at a record lows so lots more listing will be needed in 2021 to match 2020 record.

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The 2020 Greenwich Real Estate Market Year in Review

Greenwich Sentinel·
December 24, 2020·

Greenwich's real estate market is having a record year in 2020 driven by several factors as well as the pandemic. The national media and social media are reshaping the view of both the Greenwich and New York City market.

Featured House of The Week

Greenwich Sentinel·
December 4, 2020·

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Greenwich Neighborhood Sales August 2020 – Most Up, A Few Down

Greenwich Sentinel·
September 11, 2020·

Sales are up 28% and contracts are up 133% as buyers from NYC and buyers looking to upgrade within Greenwich are driving the market. At the same time inventory is down making for a tight market. In spite of the demand, not every neighborhood in Greenwich is doing better as discussed here.

August Sales Off the Chart – Contracts Up 133%

Greenwich Sentinel·
September 4, 2020·

August 2020 was a record for any August sales in Greenwich. The last two weeks were the busiest of the year with over 60 transactions each week. 48 out of 108 sales in August went for full list price or over list price. A couple of stats may be indicating an August peak, but other point to continued growth.

Category: Real Estate