Third Quarter Shifts Into Higher Gear

Shifting into higher gear, during the third quarter of 2018 there was a 26% increase in the number of single family home sales as compared to the same period last year, according the Greenwich Multiple Listing Service.  Do keep in mind, the road is not smooth, and changes in the pace of the market are expected throughout Greenwich and it’s various submarkets.

Nonetheless, the lift in sales has caught attention and is largely attributed to an increase in interest in Connecticut given high tax burdens in New York.  For a detailed review, take a look at the Sotheby’s International Realty third quarter market report.  This is a large file that may take time to open on a phone.

2018Q3 Greenwich Market Update

Personal Note

Just so you know, the morning peak train ride from Greenwich to Grand Central Station is about 45 to 50 minutes.  Often the perception that going a little further up the line will add on to commute time is somewhat offset by being on faster trains (as opposed to the last stops of a local train) and having a shorter drive time to the station.  As someone who spent a decade commuting to Wall Street on trains from Westchester, I know the value of a productive train ride and good service with plenty of options.  Just think, the tax savings of moving to Greenwich could pay for your commute and plenty more.

Open Houses

October 21, 2018 Open House Report

Come see me at 3 Maher Court in Greenwich, CT 1:00 to 3:00PM tomorrow  (10/21/18) for our first public open house.

Mary-Stuart G Freydberg
Your Real Estate Matters
20 years professional real estate advice
Mary Stuart g Freydberg
Feature Photo by: Christin Hume

Leave a Reply

Your email address will not be published. Required fields are marked *