I'm not sure I have ever seen the rental market as hot as it is right now.  If the house/unit is well priced, it is not rare to see a rental go in days, if not hours.  Many rentals are actually going for above ask - some thousands... My gut reaction to this demand is that we have lots of families that have been on the fence about buying a [...]

I've received a lot of requests lately from clients interested in buying a condo in Greenwich (Old Greenwich, Cos Cob or Riverside).  Not many people know that we have a great selection of condos here ranging from the multi-million dollar homes on the water to much more affordable condos in the $200k+ range.  Here are some that have traded [...]

[pdf issuu_pdf_id="110727215037-6dfe742ce554458a929935866b8cbd4e"]These are the slides from a presentation that Lawrence Yun did at the Belle Haven Club to Greenwich Realtors about the state of the housing market. Lawrence Yun is the chief economist at the National Association of Realtors. Here's a quick write-up of his presentation [...]

The average sales price this year is down 16% when compared to June 2010, though transactions are way up (up 57%).  Now remember, this is reflective of the April/May market as that's when most of these houses went into contract.  We should see another strong July, then traffic will tail off a bit come August/September as we move into the [...]

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Every month I sit down and try to put together an interesting and educational picture of the Greenwich, CT real estate market.  I look over the monthly data, read articles, review blogs (even those of other realtors), search the web and recall [...]

27 Benjamin Street - Listed for $1.995 (4/28/11) Sold for $2.025M (6/30/11) - 5 bed, 3 bath, 4,450 sqft, 0.46 acresThis house went into a bidding war and then into contract 6 days after it was listed.  Shows what great pricing can do to spark interest and sell a [...]

I'm going to do my best and start writing little updates on listings and sales that I find interesting in the Greenwich real estate market.  If you ever see or hear of a house that is on the market, sold or maybe you want to buy feel free to email me at scott@elwell.com (or call at 203.940.0444), I'd be happy to give my thoughts.Here are [...]

I will be talking in more detail in my monthly Greenwich Real Estate email about this presentation (I attended a couple days ago). If you'd like to sign up for my monthly mailing you can sign up on the right side of the home page (GreenwichCT.com) or you can email me at scott@elwell.com.Here's a preview, by Olivia Just, of the [...]

It will be interesting to see what happens here.