Post on 13-Jul-2020
Carolyn Sarsen 203.253.0441
Jack Sarsen 203.253.0476
sarsen@compass.com
@jsarsen
Greenwich Real Estate Market Report
March 2019
March 2019 Summary
Gre
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Rea
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Mar
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Rep
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Single Family Homes Sold 27
Average Original List Price $2,600,422
Average List Price $2,337,759
Average Sale Price $2,179,408
Average Days on Market 255
This report provides monthly statistics and commentary on the Greenwich, Cos Cob, Riverside, and Old Greenwich Residential
Real Estate Sales. Please contact us with any questions or comments at sarsen@compass.com
Source: Greenwich MLS
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March 2019
Total SoldOriginal Average List Price
Average List Price
Average Sale Price
% Sale To List Price
Greenwich 17 $2,792,465 $2,453,088 $2,288,374 93.29%
Cos Cob 2 $1,795,000 $1,672,500 $1,575,000 94.17%
Riverside 2 $3,042,500 $2,747,000 $2,550,000 92.83%
Old Greenwich
6 $2,177,417 $2,096,333 $1,948,610 92.95%
All Areas 27 $2,600,422 $2,337,759 $2,179,408 93.23%
Greenwich Cos Cob Riverside Old Greenwich
Total
Under $1M 4 0 0 2 6
$1M - $2M 6 1 1 1 9
$2M - $3M 2 1 0 2 1
$3M - $4M 3 0 1 0 4
$4M - $5M 0 0 0 0 0
$5M - $7.5M 2 0 0 0 2
$7.5M – 10M 0 0 0 0 0
$10M+ 0 0 0 1 1
Total 17 2 2 6 27
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Source: Greenwich MLS
March 2019
October '18 November '18 December '18 January '19 February '19 March '19
Greenwich 2,417,088 1,990,711 3,146,111 2,927,000 2,711,338 $2,288,374
Cos Cob 1,467,855 1,408,636 1,457,167 1,333,833 1,188,333 $1,575,000
Riverside 1,925,727 2,160,000 2,746,500 2,497,000 2,350,000 $2,550,000
Old Greenwich
3,023,000 2,184,063 5,263,333 5,263,333 4,464,833 $1,948,610
All Areas 2,225,829 1,903,432 2,917,050 2,756,500 2,481,327 $2,179,408
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Source: Greenwich MLS
0
750000
1500000
2250000
3000000
3750000
4500000
5250000
6000000
October '18 November '18 December '18 January '19 February '19 March '19
Greenwich Cos Cob Riverside Old Greenwich All Areas
Monthly Average Sales Price October 2018 – March 2019
March 2019
Greenwich Cos Cob Riverside Old Greenwich Average
2012 2,461,175 1,296,091 2,244,500 2,272,458 2,245,474
2013 2,678,257 1,209,338 1,877,738 1,991,160 2,261,171
2014 3,021,495 1,458,125 2,630,079 1,890,769 2,664,347
2015 2,966,500 1,489,656 3,651,923 1,526,124 2,658,918
2016 2,752,120 1,302,767 2,002,321 2,132,633 2,329,112
2017 2,883,863 1,285,611 2,260,216 2,377,643 2,510,202
2018 2,928,397 1,465,826 2,925,214 2,464,321 2,663,518
2019 2,466,920 1,520,000 2,082,429 2,416,377 2,302,406
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Source: Greenwich MLS
0
500000
1000000
1500000
2000000
2500000
3000000
3500000
4000000
Greenwich Cos Cob Riverside Old Greenwich Average
2012 2013 2014 2015 2016 2017 2018 2019
Year-To-Date Single Family Homes Average Sale Price By Area
Jan 1st – March 31st
March 2019
Greenwich Cos Cob Riverside Old Greenwich Total
2012 47 11 19 12 89
2013 48 8 19 16 91
2014 57 8 19 13 97
2015 52 16 13 9 90
2016 54 15 14 15 98
2017 76 18 18 14 126
2018 60 14 14 14 102
2019 39 9 7 19 74
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Source: Greenwich MLS
0
17.5
35
52.5
70
87.5
105
122.5
140
Greenwich Cos Cob Riverside Old Greenwich Total
2012 2013 2014 2015 2016 2017 2018 2019
Year-To-Date Number Of Single Family Homes Sold By Area
Jan 1st – March 31st
March 2019
Greenwich Cos Cob Riverside Old Greenwich Total
2012 149 187 127 159 151
2013 268 216 152 145 217
2014 224 92 148 108 182
2015 214 163 129 136 185
2016 196 272 178 169 201
2017 270 244 146 256 247
2018 285 115 237 139 235
2019 311 216 209 142 246
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Source: Greenwich MLS
0
66.667
133.333
200
266.667
333.333
400
Greenwich Cos Cob Riverside Old Greenwich Total
2012 2013 2014 2015 2016 2017 2018 2019
Year-To-Date Single Family Homes Average Days On Market
Jan 1st – March 31st
Single Family Sold | March 2019 | Greenwich
March 2019
Address Design SqFt YrBlt YrRnv Bd FB HB Acres List Price Sold Price DOM Close Date
28 Edgewood Avenue Cape Cod 1272 1922 3 1 0 0.12 585000 550000 351 03/15/2019
6 Garden Place Cape Cod 1219 1949 2010 3 2 0 0.22 549000 550000 44 03/08/2019
20 Hervey Street Colonial 1632 1951 2018 4 2 0 0.21 699000 699000 133 03/15/2019
59 Stanwich Road Ranch 1643 1960 2000 3 2 0 0.28 865000 860000 16 03/17/2019
8 Thistle Lane Ranch 3092 1961 2000 4 3 0 1.01 1395000 1180000 165 03/22/2019
36 Sherwood Avenue Contemp 2432 1963 2018 4 3 0 2.07 1570000 1345350 154 03/28/2019
350 Stanwich Road Mediterran 5705 1915 5 4 3 2.17 1795000 1475000 290 03/18/2019
10 North Street Colonial 2417 1937 5 3 1 0.76 1790000 1500000 355 03/06/2019
53 Ridge Street Colonial 2462 1908 2017 4 4 1 0.12 1550000 1500000 122 03/18/2019
30 Jeffrey Road Ranch 3140 1963 2014 4 3 0 1.12 1790000 1699000 261 03/11/2019
99 Elm Street Colonial 3254 1907 2011 5 4 0 0.22 2149500 2000000 469 03/07/2019
12 Pintail Lane Colonial 4400 2018 5 4 1 0.27 2795000 2644000 137 03/01/2019
31 Sawmill Lane GeorgCol 11273 1920 2002 6 6 1 3.02 3895000 3700000 644 03/28/2019
21 Calhoun Drive EngMan 7632 1923 2000 5 7 3 2.96 3995000 3800000 736 03/15/2019
54 Woodside Drive Colonial 5681 1927 2009 6 4 2 0.84 3990000 3900000 262 03/08/2019
197 Otter Rock Drive Colonial 5277 1964 2017 5 5 1 1.01 5295000 5100000 92 03/15/2019
743 Lake Avenue Colonial 10433 2018 6 7 2 2.65 6995000 6400000 725 03/15/2019
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Source: Greenwich MLS
Address Design SqFt YrBlt YrRnv Bd FB HB Acres List Price Sold Price DOM Close Date
11 Pin Oak Lane Ranch 2475 1954 2011 3 3 0 1.33 1250000 1150000 288 03/08/2019
2 Randolph Place Colonial 5039 2017 5 4 1 0.28 2095000 2000000 9 03/15/2019
Single Family Sold | March 2019 | Cos Cob
Single Family Sold | March 2019 | Riverside
Address Design SqFt YrBlt YrRnv Bd FB HB Acres List Price Sold Price DOM Close Date
29 Revere Road Colonial 2746 1968 2010 4 2 1 0.29 1195000 1200000 21 03/29/2019
18 Lake Drive Colonial 8100 2018 6 6 2 0.51 4299000 3900000 360 03/01/2019
March 2019
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Source: Greenwich MLS
Address Design SqFt YrBlt YrRnv Bd FB HB List Price Sold Price DOM Close Date
50 Lafayette Place 2C RaisdRnch 740 1956 1 1 0 349000 310000 21 03/29/2019
1465 Putnam Avenue 625 Contemp 784 1977 1 1 0 385000 370000 89 03/18/2019
1465 Putnam Avenue 424 Contemp 880 1977 1 1 0 370500 370500 182 03/14/2019
9 River Road 408 Townhouse 1069 1979 2014 1 1 0 435000 407000 86 03/01/2019
12 Glenville Street 205 Townhouse 1306 1981 2 2 1 515000 480000 101 03/29/2019
51 Old Kings Highway 15 Townhouse 905 1986 2 2 0 549900 542000 110 03/29/2019
15 Palmer Street 10 Contemp 1672 1983 2019 2 2 0 569000 569000 57 03/28/2019
351 Pemberwick Road 505 Townhouse 1540 1990 2016 2 2 1 649000 640000 31 03/26/2019
50 Almira Drive B Townhouse 2248 2002 2 2 1 699000 693000 94 03/26/2019
102 Greenwich Hills Drive Colonial 1897 1976 2019 2 2 1 750000 720000 28 03/08/2019
24 Harold Street A Townhouse 2580 2017 4 3 1 959000 925000 197 03/21/2019
51 Forest Avenue 102 GeorgCol 2781 1997 2015 4 3 1 1260000 1200000 17 03/29/2019
3 Lyon Farm Drive 3 Contemp 2071 1973 2016 2 3 0 1325000 1242500 129 03/15/2019
17 Connecticut Avenue Townhouse 2068 1924 2006 3 3 1 1595000 1475000 161 03/21/2019
Condominiums Sold | March 2019 | Town-Wide
Address Design SqFt YrBlt YrRnv Bd FB HB Acres List Price Sold Price DOM Close Date
15 Ferris Drive FarmHse 2245 1924 2015 4 2 0 0.30 899000 830000 84 03/27/2019
9 Fairfield Avenue Colonial 1626 1909 2009 3 2 1 0.12 1039000 951660 127 03/01/2019
15 Watch Tower Lane Ranch 1656 1955 3 2 1 0.31 1100000 1010000 26 03/27/2019
57 Park Avenue Colonial 3500 2016 5 4 1 0.20 2395000 2250000 184 03/29/2019
16 Norton Lane Colonial 7315 2015 6 5 1 1.01 2950000 2800000 45 03/29/2019
184 Shore Road ShoreCol 6700 2018 6 5 2 0.32 4195000 3850000 132 03/25/2019
Single Family Sold | March 2019 | Old Greenwich