
Greenwich Real Estate Snapshot - July 2011
- By Scott Elwell
- Posted


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 [...]

This house just came on the market today. For $1.429M you get 2,755 sqft on .29 acres in Riverside. This is actually a great deal when you price it out. The house looks like it is in great condition and in a great neighborhood. The major concern is the proximity to the railroad tracks. I can't for the life of me remember if the odd numbers [...]

I've been following this house for awhile and came close to putting in a bid myself. I think this was a great buy. The new owners spent $715k and got a neat old 1920s house (2,031 sqft) with a garage apartment. I didn't get to see the apartment, but gather it was rented out. Keep in mind this is legally a single family. Anyhow, I like the [...]



10 Augustus Lane sold for $2.15m. I think the buyers got a great deal. The house is a true 5 bedroom with 5 and a half bathrooms, 4,200 sqft of space on 2/3rds of an acre extremely close to town. There are some issues (layout and proximity to I-95), though for the price they got great deal. The house was originally priced at $3.25m a [...]

I'm sure that most of you are more concerned with what is going to happen in 2011 than what happened in 2010, though in order to properly do my job I need to give you a little history briefing. Don't worry; I'll also talk about what I see going forward.Looking back at 2010, it would be easy for me to tell you that we had a great year [...]