as business commuters text, email and read the WSJ on their approx 41 minute commute into New York City.
While the US has experienced a down turned economy, Greenwich Connecticut's single family housing market was not excluded in the pain. For the month of December, year over year single family houses sales experienced a double digit decrease from 44 houses sold in December 2010 to a total of 30 houses sold in December 2011. The largest number of sales occurred in the $1-2million range.
As the number of transactions decreased, the market continues to be a "buyer's market" as the inventory grows. Currently there are 450 single family homes on the market in Greenwich with listing prices ranging from $350,000 to $39,600,000 holding an average number of days on market of 242.
The least expensive home is a 3 bedroom, 1 bathroom house in the Glenville School District, being sold "AS IS". But with a little imagination and renovation it can be the great entry dream home for the new owner.
Or if you are so inclined and are looking for a larger home, perhaps you'd consider the equestrian estate on the market at $39,600,000...this property has 12 bedrooms, 14 full baths, several barns, a practice polo field and track, all over 18 acres of beautiful land. The property is the work of the renowned architect Robert Lamb Hart (private showings available upon request)
Whether you are looking for your first home , an investment property or your dream showcase home, we can find it in Greenwich together. If you have any additional questions about the town, please feel free to contact me directly. To quote the slogan of a famous retailer..."An educated consumer is my best client". I'm here to assist.
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