Real Estate Archives

Column: Inventory Falls, Sales Rise, but Below Average

Greenwich Sentinel·
December 2, 2022·

Each week this year, our inventory levels have set all-time weekly lows. Sales are up from last month, which we rarely see. In addition, our sales YTD are over 600 single family homes, meaning its been a good year with a month to go.

Column: Greenwich 2022 Condo Market Tighter than House Market

Greenwich Sentinel·
November 18, 2022·

After a record-breaking year last year with 265 sales, we are looking at around 200 sales this year, above what we saw in both 2018 and 2019 with 181 and 159 sales respectively. It’s still a very strange market, as we have very limited inventory at all price levels. If we had more listings, we would have more sales.

35-sterling-rd-s-greenwich-ct-print-058-055-058-4200x2800-300dpi1

Column: State of the Art Kitchens in Greenwich

Greenwich Sentinel·
November 11, 2022·

Few rooms have changed more in today’s state of the art homes, than have kitchens. From the way they are designed, to the way they are built, to the material and appliances, today’s kitchens are not your mother’s kitchen. The level of sophistication has gone way up, and the design process has gotten more complicated, but the visualization is much easier.

Column: The Fed Strangles Greenwich Real Estate Market…

Greenwich Sentinel·
November 4, 2022·

Interest rates aren't slowing sales under $1 million, but dropping stock and bond markets are hurting sales over $4 million. Sales have fallen below our 10-year average, but contracts have turned up.

The Greenwich High-End Market Over $5 Million – $5-10M Looking Good, Over $10 Million Not So Much

Greenwich Sentinel·
October 21, 2022·

If you look at the entire year by annualizing our 2022 sales so far you come with a projected 112 sales for the year and a total dollar amount of $783 million compared to total sales of 135 sales last year and $1.069 billion dollars. That sounds pretty horrible, a drop of 23 sales and $287 million or over a quarter billion dollars in lost sales volume at the high-end. These projected 2022 numbers are not horrible, in fact they are excellent.

Column: Greenwich Neighborhood Sales Pre-, Post- and Covid Era

Greenwich Sentinel·
October 14, 2022·

The drop in the stock market is having a greater impact on Greenwich real estate than the increase in interest rates. Inventory is creeping slowly upwards, while demand under $4 million stays good given how low inventory is compared to our 10-year average for inventory.

September 2022 Sales Above Average with Way Below Average Inventory

Greenwich Sentinel·
October 7, 2022·

The Greenwich real estate market is having an above average year with way below average inventory. Sales are down from the record year of 2022, days on market and months of supply are low making for a pro-seller market. Higher interest rates have not slowed the Greenwich market, since more and more sales are all cash.

Column: The Real Scoop

Greenwich Sentinel·
October 2, 2022·

Welcome to The Real Scoop. This monthly column is intended to help homeowners and potential homeowners in our community address a variety of home related and real estate issues. As a Realtor, I am often approached by many homeowners and buyers to provide answers for a variety of questions pertaining to Greenwich and all things home related. In my quest to provide answers, I have relied on my own expertise, as well as that of many trade professionals I have come to know in our community. The information I have provided has been deemed very useful and greatly appreciated, so I have decided to share what I know with the Greenwich community. Here is this month’s selected question:

sept22-sfh_-inventory-analysis-mp_-092122

Column: Fed Raises Rates – Sales Fall in Greenwich But It’s Still All About Inventory

Greenwich Sentinel·
September 23, 2022·

Increasing interest rates are putting buyers that have to use a mortgage at a disadvantage as a result we seeing more all cash buyers as there are more than enough of them to meet the limited inventory that we have at all levels under $5 million.

Column: Online Real Estate Information and the Info Wars

Greenwich Sentinel·
September 16, 2022·

Zillow and Realtor.com are battling to be king of the real estate info websites, but there are a lot of other sources at various Town Hall departments and on company websites including here on GreenwichSentinel.com.

Category: Real Estate