Real Estate Archives

Column by Carline Martin: The Real Scoop on Real Estate

Greenwich Sentinel·
February 24, 2023·

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:

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Column by Mark Pruner: Greenwich Real Estate, Rentals Year-End Summary – A Hot Market

Greenwich Sentinel·
February 20, 2023·

Low rental inventory reduced rentals in 2022, but in a hot market these numbers can be deceiving. Inventory is not as low as it looks and there are a lot of off-market rentals that aren't counted.

Column: Pricing Your House to Sell or Pricing for Your Ego

Greenwich Sentinel·
February 10, 2023·

Your initial pricing of your house determines whether you will get the best price for your house.

Column: January 2023 Greenwich Real Estate Market Craters

Greenwich Sentinel·
February 3, 2023·

Lack of inventory is causing a drop in Greenwich real estate sales along with higher interest rates and lower stock prices.

2nd half real estate taxes deadline for 2021 is Feb. 1

Greenwich Sentinel·
January 24, 2023·

The last day to pay the 2nd half Real Estate taxes for 2021 Grand List and the Supplemental Motor Vehicle Tax bills is February 1, 2023.…

Column: Greenwich Condo Sales Up 29% in 2022 Over 10-Year Average

Greenwich Sentinel·
January 20, 2023·

Last year was a good year for condo and co-op sales in Greenwich. We had 215 sales, which compares to our 10-year, pre-Covid average of 175 sales. Our 2022 condo sales were 23.1% above average. You may see some folks pointing out that condo sales were down 19% over 2021, but 2021 was a record year for condo sales.

Column: All School Districts in Greenwich See Jump in Homes Price/SF

Greenwich Sentinel·
January 13, 2023·

Prices are up at the same time that sales are down. Most of the decline in sales in Greenwich in 2022 was due to lack of enough inventory. Had there been more inventory we would have had more sales.

Column: $1 Billion Less Sales, Price Up

Greenwich Sentinel·
January 6, 2023·

The Greenwich real estate market had an “average” year in 2022. That’s if you consider a wild roller coaster ride of big ups and downs with surprising twists and turns a normal year, because at the end of the ride you end up back where you started. In 2022, started the year with 152 single family home listings and ended the year with 145 listings. At the end there was a only a small drop in inventory from the beginning to December 31, 2022.

Column: Greenwich’s 2022 Real Estate Records

Greenwich Sentinel·
December 23, 2022·

We had possibly the tightest market ever earlier this year in March 2022. At that time, most price ranges all the way up to $4 million only had a few weeks of supply. Buyer demand was high and houses that had sat on the market for years were selling. Fast forward to December 2022 and our months of supply is mostly under 6 months of supply the traditional dividing line between a buyer’s and a seller’s market, but demand is way down, it’s just that inventory is down even more.

Column: The Neighborhood Report

Greenwich Sentinel·
December 9, 2022·

Greenwich neighborhoods followed similar patterns in the Covid years, but there are differences.

Tag: Real Estate