greenwich ct: Greenwich Connecticut, The Market Continues The March Forward
- 09/09/11 03:56 AM
Sales figures through the end of August have just been released from the Greenwich MLS. The trend is positive, as analyzed by Joe Valvano, Managing Broker Coldwell Banker Greenwich. YTD - Units sold is up 16%. YTD - Dollar volume has increased by 15%. And there are a healthy number of transactions in contract slated to close (Pendings). I am also happy to report that Coldwell Banker in Greenwich now has a 20.1% market share leading all Greenwich firms. We are up 71% in Units sold (outpacing the market by 500%) and up 47% in dollar volume (outpacing the market in … (1 comments)
greenwich ct: Greenwich Waterfront Estate Now In Contract
- 06/24/11 07:23 AM
Recently I posted this comment to my Blog: A Magnificent Waterfront Estate in Greenwich Connecticut One of the great joys of our business is touring the homes for sale. Whether a modest starter home or an amazing estates, some of our market areas run the complete gambit. This week I was privileged to tour a truly amazing waterfront estate in Greenwich Ct that is being marketed by Sotheby's. Originally the site of the Roebling's summer house, the estate even comes complete with a 175 foot suspension bridge which echoes the more famous one in Brooklyn. Offered at $42,500,000 I thought some … (0 comments)
greenwich ct: Back On The Market - Now Even More Expensive!
- 06/22/11 03:42 AM
Yesterday I posted the following piece about the a famed Greenwich landmark coming back on the market for resale six months after it closed. It had taken over two years to sell the first time around.
GREENWICH REAL ESTATE, Dunellen Hall - The Curse Continues? Dunellen Hall, one of the "Great Estates of Greenwich" and former home of Harry and Leona Helmsley is back on the market. Originally for sale at $125,000,000 in May of 2008, the estate went through several brokers and numerous price reductions before selling in October of 2010 for $35,000,000. Now it has returned to the … (0 comments)
greenwich ct: GREENWICH REAL ESTATE, Dunellen Hall - The Curse Continues?
- 06/21/11 01:29 PM
It's back! Dunellen Hall, one of the "Great Estates of Greenwich" and former home of Harry and Leona Helmsley is back on the market. Originally for sale at $125,000,000 in May of 2008, the estate went through several brokers and numerous price reductions before selling in October of 2010 for $35,000,000. Now it has returned to the market with a price tag of $42,900,000. Or the additional $7.9 the next buyer gets to customize the new kitchen and baths. Yet as fascinating as this 40 acre estate is, the new price would seem aggressive. You can view it here:
greenwich ct: A Bi-Polar Market - the list price
- 05/01/11 04:08 AM
Recently a collegue asked me to help her with a CMA for a new listing. She couldn't find active comparables or recent sales with which to work. I suggested several alternative methods for her to use. I was stunned therefore to see the new listing on the MLS with an amazing list price. Turns out that the owners had purchased the house new within the last several years and have now listed the property much higher! So who didn't get the memo - the agent, owners or both? Here is Fairfield County Connecticut our sales volume is up, inventory is shrinking in … (1 comments)
Sales figures through the end of August have just been released from the Greenwich MLS. The trend is positive, as analyzed by Joe Valvano, Managing Broker Coldwell Banker Greenwich.
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