Marriage Trends

Mary Stuart Freydberg of Sotheby's International Realty Share U.S. Census data on marriage trends

Household formation has long been a driver of real estate.  The type of household drives the product demand.  A delay in household formation of young adults temporarily suspends demand for starter single family homes and move-up rates.  The Great Recession caused economic uncertainty among young adults and perhaps delayed household formation, continuing the cultural trend … Continue reading Marriage Trends

September Closings

138 Pecksland Road Greenwich listed by Mary Stuart Freydberg

Single family home closings in Greenwich, Cos Cob, Riverside and Old Greenwich, CT were mixed in September over the same period the prior year.  Closings generally reflect sales that occurred 30 to 90 days prior.  Some month to month volatility is expected.  Compared to last September, this year: The number of single family sales was … Continue reading September Closings

Milbrook Community

Milbrook in Greenwich, CT mary-stuart.com

Milbrook is a private gated community of single family homes in Greenwich, Connecticut. East of Greenwich’s central shopping and business districts, west of Cos Cob, north of I-95 and south of Post Road, Milbrook is conveniently located close to shopping, business districts, schools, the Greenwich Train Station and main thoroughfares. The golf course, the extended … Continue reading Milbrook Community

606 West Lyon Farm, Greenwich, CT

Mary Stuart Freydberg presents 606 West Lyon Farm Drive

Gorgeous New Listing!  606 West Lyon Farm Wake up to water views from your east facing first floor master suite.  Good morning!  Enjoy a chef’s kitchen with Viking, Sub-Zero, Bosch, large center island and other high end features in this bright eat-in kitchen.  Luxury and efficiency.  Entertain in your living room with lofted ceilings, wood … Continue reading 606 West Lyon Farm, Greenwich, CT

Less Than Half an Acre

Zoning regulations enable a town to manage land use and development.  A town map will identify zones.  Generally, zoning follows a logic based on historic and current use, transportation arteries, commercial districts, natural resources, the availability of public utilities, residential character, parks and topography. In Greenwich, commercial districts are centered along Greenwich Avenue, its environs, … Continue reading Less Than Half an Acre

Young Adults Living with Parents Longer

Mary Stuart Freydberg observes United States Census Burea

According to the United States Census Bureau, living arrangements have changed dramatically over the last decade. Young Adults (1834) are more likely to be living with their parents than any other arrangement. As reported in The Changing Economics and Demographics of Young Adulthood 1975 - 2016, the US Census Bureau found: More young people today … Continue reading Young Adults Living with Parents Longer

August Closings Smile on Luxury Market

Sales volume of single family homes in Greenwich was up 31% in the month of August compared to the same period last year. Eight sales in excess of $5 million drove the average price up 49%. There were 57 single family closings in August this year as compared to 65 in August of last year … Continue reading August Closings Smile on Luxury Market

Stamford, Darien, New Canaan and Westport

Mary Stuart Freydberg of Sotheby's International Realty analyzes Fairfield County residential sales

This week I took a look at select towns in southern Fairfield County Connecticut that share proximity and similarities to Greenwich, including its neighbor, Stamford, New Canaan, Darien and Westport. Stamford Moves Inventory, at a Lower Price Point In 2016, Stamford had the lowest average price point of $685,000, while New Cannan averaged $1.6 million, … Continue reading Stamford, Darien, New Canaan and Westport