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

Lamenting Housing Supply

It's often repeated in major metro areas and elsewhere throughout the country: Housing supply is not meeting housing demand in terms of price, condition and location. To be sure, national trends do not always apply to high end markets like Greenwich, New York, San Francisco and Los Angeles. But large scale demographic trends, such as … Continue reading Lamenting Housing Supply

Online Consumption

The ease of access to listings online means consumers can view homes they cannot afford.   They have access to the interior of luxury homes they wouldn’t otherwise see. With relatively little time invested one flips through volumes of high quality digital photos of professionally designed and decorated homes. Luxurious finishings are viewed repeatedly.  It’s fun … Continue reading Online Consumption

Townhouses

Greenwich is home to a wide variety of homes, including cooperatives, condominiums, flats, townhouses, and single family homes. Greenwich apartments and townhouses tend to be conveniently located near the Post Road and I95 or along the boarder with New York. While some are in or near business districts, others may be nestled in a more … Continue reading Townhouses

Treasuring Trees

At this time of year we often look forward to the leaves changing and the accompanying array of blazing colors.  It wouldn't be Autumn without the yield of green to orange, squirrels rushing to gather nuts and the sound of leaves blowing in the wind or crushing beneath a step. Trees can be a major … Continue reading Treasuring Trees

A Shift in the Rhythm of the Buying Process

The first quarter of 2017 primed the Greenwich residential real estate market with a Feel Good Feeling, and yet there were still mixed reports on the state of the market. If sales are up, why did it feel slow? I took a look at lockbox showings reports in Greenwich, Cos Cob, Riverside and Old Greenwich … Continue reading A Shift in the Rhythm of the Buying Process

Affordability and Original List Price

In the prior twelve months there were 604 single family home sales in Greenwich ranging from $400,000 to nearly $20 million. Sales in the entry market, below $500,000, were constrained by a lack of inventory and constituted 1.2% of homes sold. The picture changed dramatically in the $500,000 to $1.5 million range in which there … Continue reading Affordability and Original List Price

Back Country Color

Mary Stuart Freydberg of Sotheby's International Realty analyzes single family home prices

Back Country Greenwich, or property located north of the Merritt Parkway, is known for its lush landscape, beautiful rolling hills, forests, trails, four acre and larger lots, elevated sweeping views, country clubs, privacy and luxurious estates. Minutes from The Merritt Parkway, Westchester County Airport, I-95 and Metro North, Back Country can seem a world away … Continue reading Back Country Color

Melange of Inventory

Single Family Square Footage by Section of Greenwich, CT

East to West Greenwich has a wide diversity of homes. The size of homes sold in Greater Greenwich in 2016 ranged from under 1,000 to over 16,000 square feet. The Hamilton Avenue Elementary School District had the smallest average single family home size of 1466 square feet on limited sales. Single family homes sold in … Continue reading Melange of Inventory

Inventory Waves

Active inventory tends to follow a seasonal pattern. Typically there is a dip in active listings before year-end because some sellers may take their homes off the market as they enjoy the holidays and vacation time. Then, after the Super Bowl, weather permitting, inventory starts to rise as homes are brought back on the market. … Continue reading Inventory Waves

2017 Off to a Positive Start

If you are looking for reasons to be optimistic about real estate sales in Greenwich, Cos Cob, Riverside and Old Greenwich (together, Greater Greenwich) then take a look at the whopping 73% year over year increase in closed volume for the month of January. Single family sales in January were up 61% over last year … Continue reading 2017 Off to a Positive Start

Year End Snapshot: No Bonus

Greenwich sold 573 single family homes in 2016 for a total volume of $1.26 billion. The average single family home sold for $2.2 million and the median sales price was $1.7 million. Overall the number of sales was down 5% and with more affordable homes outpacing luxury home sales volume was down 13% over 2015 … Continue reading Year End Snapshot: No Bonus