Sunday, January 26, 2014

This Week's Real Estate Sales in Greenwich, CT Including a Round Hill Road Gem

Despite this week's snowstorm putting a pause in the work week, 11 properties closed -- 9 single family homes and 2 town homes.  The least expensive property to sell was a $610,000 Riverside tudor on Sheephill Rd.  Built in 1928, it is 1,774 sq. ft and sits on .22 acres.  It lasted on the market just 170 days, speaking to the continued strength of Riverside as the fastest growing segment of Greenwich neighborhoods.

A noted sale of the week was one of my favorite homes on Round Hill Road.  90 Round Hill Road is known to many as "The Yellow House", and is just barely seen as you drive up Round Hill, on the left.  This 1938 Federal home was expanded in the mid-2000s and renovated in 2010.  It is that rare combination of gracious living that understands how we live today,  with a large family room off a spacious kitchen.  From the moment you step into , you can feel the soul of this home, which is why I'm always a sucker for pre-war homes.  They speak to you.  At 6,484 sq. ft and on 2.5 acres, the property was introduced to the market at $7.35 million and sold 238 days later for $6.25 million-- 15% off it's List Price.  I suspect it is more a story of motivated sellers than anything else as it certainly is a lovely home in pristine condition.  
This coming week will release my Year End 2013 Real Estate report.  Lots of information by price level and neighborhood as well as an interview with Scott Hobbs (Hobbs Construction), the skinny on what folks want in master bathrooms today (and is His and Hers still a must have?) and the history of Greenwich Avenue.  To get a copy write me at: http://greenwichrealtymls.com/contact/

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