Well, contingent contracts, at least, and while contracts can and do fall apart, because the practice in Greenwich is to conduct building inspections before drawing up contracts, the most common cause of deals failing to get to closing in other towns is eliminated. So generally, a contingent contract will proceed to final sale.
In any event, 25 Verona Drive in Riverside, asking $2.295 million, has a continent contract just 13 days after being listed. If you take into account the time required for the aforesaid building inspection and the usual paperwork shuffle between the lawyers (my pals, the Kaye Boyz, would be horrified and insulted by my terming their careful representation of clients as "paperwork", but I'm just using that as shorthand for the good, nay, brilliant exercise of the lawyerly arts - you know that, right Jeremy? Right Joel?), then that 13 day period between listing and accepted offer was certainly shorter. We discussed this property the day it was listed, and my (favorable) opinion of the price and the property remains unchanged.
And in Old Greenwich, 21 Center Drive, $1.1 million, also has a contract. The agent and the owner were pretty smart here, because after it was listed for $1.2 million on February 21 and found no buyers, they dropped it $100,000 on March 30, and that did the trick. Lesson: don't wait around when considering price cuts.
Center Drive's a nice street with good neighbors, a good school district (Dundee), and the location, near the village and Binney Park can't be beat. Of course, all that means you don't get a lot of house for a mere million bucks, but so it goes.