Greenwich, Connecticut real estate, politics, and more.
Greenwich, Connecticut real estate, politics, and more
115 Old Mill Road, 5 acres, 1978 house, listed at $2.350 million, sold for $2.555. The listing seems to have been pulled from the web, but here are some pictures.
UPDATE: I couldn’t find it, but our Hawaiian correspondent did locate its Redfin listing.
(PSAKING BACK — did Barry Sternlicht buy the place to add to his horse farm next door?)
could use a bit of driveway work, but for under $3 …
From the golden book of brutalist architectural plans
The days of “normal”, middle-class families settling in are long gone, that’s for sure. For instance, here’s Bonwit Road — Bonwit Road! — gone in 60 seconds.
44 Bonwit Road was listed on June 14 at $1.750 million and is already under contract. The owners paid $550,000 for this 1955 house in 2016, stopped by Home Depot for some fiberglass tub enclosures and new wall accessories, and refurbished the place over a long weekend — voila!
The town appraises it at $999,900, which, until a few months ago I’d have considered wildly optimistic. We were both wrong.
More power to these sellers; I’m all for doing well in real estate, as they have. I’m just pointing out that in 2016 you could find a house in NoPo Riverside for $550,000, and now you can’t.
And that’s going to drastically change the make-up of the town.
5 Gilliam Lane, Riverside, asked $3.695 million, just closed at $4.310. I received a text from its builder, Lino Marcal, who sold it new in 2012 for $3.250, promising “an interesting story about the bidding war”. Lino’s returning from Portugal next week, and I’ll see if I can’t get the details.
Note the chyron: “Republicans against public health”
(Gov. Noisome agrees with Fauci, reinstates mask requirement for all Capitol workers, vaccinated or not.)
And here’s a heretofore undiscovered pool of Trump Republicans: Half of adult blacks say they won’t take COVID vaccine
But don’t worry: a video for those Republicans Against Public Health is on its way, recorded at Riverside Yacht Club. Sample lyrics:
Girl you look good once you vax that thang up. You a handsome young brother once you vax that thang up/Dating in real life, you need to vax that thang up/Feeling freaky all night, you need to vax that thang up.
Sixteen days after hitting the market at $2.775 million, 24 Terrace Avenue has raised its price to $2.950. I’d think that, if offers were coming in at above the asking price, a simple “highest and best” contest would resolve things overnight — why drag this out?
But it’s not my listing.
27 Weston Hill Road asked $1.5 million, closed today at $1.660. Good God.
July 8, 2021 (Greenwich, CT) - The Greenwich Association of REALTORS® announces the statistics for home sales in The Town of Greenwich, CT for the month of June 2021.
There were 134 single-family residential closings reported during this period according to figures provided by The Greenwich Multiple Listing Service, Inc., the multiple listing service used by REALTORS® in the Greenwich area.
The number of single-family residential closings increased compared to June 2020 when there were 77 closings. The median sale price for a single-family home decreased to $2,400,000 from the median sales price in June 2020, which was $2,975,000.
The average days on the market (DOM) for residential homes was 116 days; which was a decrease from 327 days in June 2020.
There were 30 condo/co-op residential closings reported during this time period; which was an increase from June 2020 when there were 16 closings.
The median sale price for a condo/co-op increased to $780,000 from the median sales price in June 2020, which was $698,750.
The average days on the market (DOM) for condo/co-op residential homes was 86; which was a decrease from 118 days in June 2020.
"June 2021 had one hundred thirty-five residential closings; a seventy-five percent increase from June 2020 when there were seventy-seven closings. Greenwich was the sector in town with the most closings, ending June with seventy-eight sales; an eighty-five percent increase from June 2020 when there were forty-two closings. Condo/Co-Op sales had thirty closings in June 2021; an eighty-seven percent increase from June 2020 when there were sixteen closings. The Dollar Volume for Single Family homes, June 2021 is $383,023,530. There were sixty-four Single Family Price Reductions for June 2021 with a median price change of $128,000. The Dollar Volume for Condo/Co-Op homes, May 2021 is $28,890,000,” stated John McAtee, 2021 President of the Greenwich Association of REALTORS®.
43 Lafrentz Road sold for $1.605 million September 28, 2020; redone; re-listed 13 days ago @$3.5; and is now under contract. Subtract, say, 10 days for inspections, contract negotiations, and the 4th of July holiday, and that’s fast.
Looks like they did a nice job, by the way.
Was it ever cold in Houlton, Gran’pa?
Disney, Shanghaied
But wait, there’s more! 48 Regressive Groups demand that Biden administration stop picking on China.
In a letter sent to the White House and congressional lawmakers Wednesday, the groups demanded the US abandon its “dominant antagonistic approach” to the Chinese Communist Party, in order to work with the regime.
“We, the undersigned organizations, call on the Biden administration and all members of Congress to eschew the dominant antagonistic approach to U.S.-China relations and instead prioritize multilateralism, diplomacy, and cooperation with China to address the existential threat that is the climate crisis.”
The groups — which include MoveOn, the Sunrise Movement and CODEPINK — went on to disavow “[t]he escalating, bipartisan anti-China rhetoric in both Congress and the White House,” arguing it damaged “the diplomatic and political relationships needed to move forward boldly and cooperatively.”
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