REAL ESTATE
REAL ESTATE DASHBOARD PAGE B5
THE GREENWICH SENTINEL. APRIL 26, 2019.
Clickbait, The Real Estate Market and The Battle for Attention HATE
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Real Estate Column
The Devolution of News and the Bashing of Greenwich In the Battle for Speed and Attention, Some News Changes Not Necessarily for the Best
By Mark Pruner
Last week the Wall Street Journal ran a story entitled: Wealthy Greenwich Home Sellers Give In to Market Realities. It had a lot of inflammatory comments and “facts� all woven together to leave the impression, as one financial website dubbed their paraphrase of the article, that The Greenwich Housing Market Is Imploding. Let’s take a look at exactly how yellow journalism’s modern incantation, what I call “day-glo� journalism, works. The idea behind dayglo journalism is to take an overstated idea (such as, in the case of the WSJ article: a single real estate auction is an indication of the “never-ending slump� in Greenwich real estate) and create a story from it that will get a lot of clicks and shares and re-tweets, which are the new standards for a career advancing article. Day-glo journalism hijacks this story right from the opening sentence: “After four years on the market, and three price cuts, a stately Colonial-style home on Greenwich, Conn.’s tony Round Hill Road is being sold in a way that was once unthinkable in one of the country’s most affluent communities: It is getting auctioned off.� To day-glo the news in an article you need to normalize the extreme, so it begins by making four years seem like the norm. Four years on the market is a long time; it’s 1,460 days. Nowhere in the article does it indicate that this number of days on market would mean it
was the 8th longest house listing on the GMLS out of 669 listings. Our median days on market is only 172. Next, the article says auctions were once unthinkable in one of the country’s most affluent suburbs, but that idea is not attributed to anyone. What has happened in Greenwich is that a number of companies have tried to get into the business of auctioning houses, but in general, these auctions have not resulted in money in the owner’s pockets and there have only been a handful of them attempted. It is not that they are unthinkable but rather that they are simply ineffective. To my way of thinking, we don’t see more auctions here because they don’t work well in Greenwich, since bidders don’t tend to show up. We did have one “successful� auction where a house listed for $7.25 million sold for $4.48 million, but that hasn’t encouraged many sellers to try auctions. In day-glo journalism unsubstantiated statements are taken as fact, such as this one, “Many wealthy New Yorkers are opting to live in the city, rather than in the suburbs.� Really? How many is “many� and from what source are they getting this information? How do they know that? The simple answer is they don’t know. In a clever sleight of hand, the article throws in: “The seemingly never-ending slump is leading some sellers to accept less—sometimes a lot less. Owners who paid top dollar for their homes in the Fairfield County town in the mid- to late2000s are routinely selling for less than they paid.� There was a bubble that peaked around 2007, but to refer what has happened since as a “never-ending slump� is simply inaccurate. Many houses on the waterfront and in other areas are actually up in value, particularly those bought in 2009, but that sort of distinction would slow the narrative and ruin the day-
glo. Also, our sales were up in 2018 over 2017, but that is also not mentioned in the story. In day-glo journalism, many inconvenient numbers that don’t support the more salacious narrative of a “never-ending slump� won’t appear in the article. This happens in part because most reporters in today’s 24-hour news cycle and shrinking print circulation are under immense pressure to get the story and move on to the next story. When I have called reporters about articles (although I have not had a chance to talk to the reporter of this particular story), they often say they weren’t aware of the other numbers. Once I called a Vanity Fair writer who had grossly overstated the unsold inventory in Greenwich and her defense was that the “gist� of the story was correct. Unfortunately, the advent of high-pressure “online journalism� allows for just about anything to be posted and for contradictory information (information that doesn’t support the narrative) to just get ignored. Another favorite ploy is reporting statistical changes without context. For example, “The median price for a home in Greenwich dropped by 16.7% last year to $1.5 million in the fourth quarter of 2018, according to a recent report by brokerage Douglas Elliman.� While this statistic is mathematically correct, these changes in the median price are often used to demonstrate that all houses in Greenwich dropped in value, and that’s not accurate. A more thorough investigation of the numbers shows clearly that the change in the median price was due to 1) a big jump in sales of lower priced home sales combined with 2) a small decline in higher priced home sales. Sales of homes from $800,000 to $1,000,000 jumped 60% while sales from $5 – 10 million saw a small decline. Therefore, higher sales below the median price and lower sales above the median caused the median to decrease, but not
because there was a general drop in Greenwich house values. But why Greenwich? You don’t see Darien or New Canaan getting this kind of attention. Greenwich is well known and articles about Greenwich get lots of clicks. Several years ago, I put up a blog post about a drop in high-end sales, which got picked up by the WSJ real estate blog, then by a Bloomberg reporter and then by Bloomberg TV. The Bloomberg reporter told me that the print story was the number two story world-wide on the
bloggers will paraphrase the story and often amplify the negative aspects of the article. This is what happened on the popular ZeroHedge website, where the post about the Wall Street Journal article was made even more negative and was retitled, The Greenwich Housing Market Is Imploding As Prices Tumble As Much As 25%. The title, while dramatic, comes from a relatively common situation when selling very high-end houses, which are often listed at 25% more than
W
hen a major publication does this, lots of folks want to jump on the bandwagon. Bloggers will just republish or paraphrase the story, often amplifying the negative aspects of the original article.
Bloomberg terminals that month. The only other story that got more attention, according to her, was a story about a Berlin hedge fund that gave their top people a weekend at a German brothel (where prostitution is legal). I was told this over a very nice lunch at L’Escale, paid for by Bloomberg. The reporter said her editor would welcome more stories about Greenwich. The negative stories got attention, while the good news stories were mostly concentrated on who were the purchasers and sellers of $10M+ houses in Greenwich. People just can’t seem to get enough stories about wealthy people getting their comeuppance. Writers who want to move up in this world of blogs and instantly measured clickthroughs have a much easier job of it if they write a negative article, keep the narrative simple, and are willing to ignore contradictory facts. When a major publication does this, lots of folks want to jump on the bandwagon. Other
their final sales price. High-end houses are unique, hard to price, and often come with the highend owner’s overconfidence. As a result, the original list price is frequently much higher than the sales price. Reporters and bloggers love to talk about the huge discounts that sellers must take to sell their houses, as if this is a sign of major market weakness. While having to take big reductions in price ranges under $5 million is a sign of market weakness, it’s not so much in the high-end market where the sales price (SP) to original list price (OLP) ratio will always be lower. In 2018, our overall SP/OLP percentage was 92%, but over $10 million it was 81.5% and over $15 million the two houses sold at 56% of the original list price. Is this a sign of market weakness or simply owners who select brokers willing to list a house at the highest initial price, regardless of whether the price comports with today’s market? The short answer is, you
really can’t tell. But we do know that reporters love to quote this price drop as a major sign of high-end market weakness. The other thing that happens with these follow-on articles is their narrative is often more strident and less carefully worded. The lead paragraph of the Wall Street Journal’s article reads: Once asking $3.795 million, the four-bedroom property will be sold May 18 with Paramount Realty USA for a reserve price of just $1.8 million. The ZeroHedge post reads: It’s price tag used to be $3.795 million, but now the fourbedroom property will be sold for its reserve price of just $1.8 million, according to the Wall Street Journal. So, the story goes from an article about an auction with a low reserve to a story about a house that had a $3.8 million list price and now “will be sold� for its $1.8 million reserve price. I could go on, but I’m already well over my word limit, so suffice it to say there are lots more examples of articles bashing Greenwich real estate in a biased manner. The problem is that enough of these articles have accumulated that they are doing real damage to our real estate market. Having a paper like this one, which is more interested in accuracy than in day-glo stories, is essential to presenting a more factual picture of what’s actually going on in the market. I am not pushing for rosy stories about the Greenwich market. I am advocating for balanced reporting that takes in the ups as well as the downs. We had a poor first quarter in 2019, which came after a 2018 that had more sales than the previous year. We need both reported. Mark Pruner is an awardwinning real estate agent with Berkshire Hathaway. He can be reached at 203-969-7900 and mark@bhhsne.com.
B2
FEATURED OPEN HOUSES
Compiled by Rob Pulitano, Berkshire Hathaway, 203-561-8092
Address
Open House Saturday, April 27, 1-3PM 9 Swan Terrace, Greenwich CT 06830 Renovated - In-town - Cul de sac $1,475,000 | 3 BRS | 2.5 BTHS | MLS#106139 ALSO FOR RENT AT $5,995/MONTH | MLS#106279
Just Reduced! Open House Sunday, April 28, 1- 3PM 37 Crescent Road, Riverside CT 06878 $1,999,000 | 5 BRS | 4.5 BTHS | MLS#105238
Summer Rental July 17- August 16, 2019 Mid-country Greenwich, Heated Swimming Pool $25,000.00 | 4BRS | 3+2 BTHS | MLS#106130 LET US BE YOUR AGENT “Good Free Advice”
Curt Wood 203-979-3015 45 Field Point Road
• •
Agi Zwierz 203-962-5753 Greenwich, CT 06830
9 Swan Terrace RENTAL 43 Almira Drive RENTAL 35 Orchard Place RENTAL 552 River Road (lot 1) 554 River Road (lot 2) 34 Wescott Street RENTAL 36 Putnam Park 50 Lafayette Place #1I 34 Putnam Park #34 190 Putnam Park #190 49 Valley Road #D1 69 Putnam Park #69 148 Putnam Park Park #148 333 Palmer Hill Road #2F 53 Prospect Street 98 Prospect Street #98 453 E Putnam Avenue #4E 453 E Putnam Avenue #1D 11 River Road #107 6 Caroline Farms Road #1 60 Valley Road #B 18 Stone Avenue #1 29 Sheephill Road 29 Sheephill Road 41 Sound Beach Avenue 55 Oval Avenue 115 River Road #7 23 Ettl Lane 25 Meadow Drive 17 Mallard Drive 13 Hickory Drive 10 Ridge Road 360 Cognewaugh Road 112 Pilgrim Drive 43 Almira Drive 625 W Lyon Farm Drive #625 31 Scott Lane 180 Bible Street 99 Loughlin Avenue 37 Fairway Lane 101 Lewis Street #J
Area
Price
Day/Time
Broker
Greenwich $5,995 Sat 1-3 PM William Raveis Greenwich $6,000 Sun 1-3 PM William Raveis Greenwich $9,000 Sun 2:30-4:30 PM William Raveis Cos Cob $9,800 Sun 1-4 PM Coldwell Banker Cos Cob $9,800 Sun 1-4 PM Coldwell Banker Riverside $10,500 Sun 1-3 PM Keller Williams Greenwich $345,000 Sun 1-3 PM Coldwell Banker Greenwich $379,000 Sun 12-2 PM Coldwell Banker Greenwich $395,000 Sun 2-4 PM Sotheby's Greenwich $398,000 Sun 1-3 PM William Raveis Cos Cob $435,000 Sun 1-3:30 PM Berkshire Hathaway Greenwich $480,000 Sun 1-4 PM William Raveis Greenwich $530,000 Sun 1-3 PM Coldwell Banker Riverside $545,000 Sun 1-3 PM Sotheby's Greenwich $599,000 Sun 12-2 PM Coldwell Banker Greenwich $600,000 Sun 12-2 PM Coldwell Banker Cos Cob $635,000 Sun 1-3 PM Berkshire Hathaway Cos Cob $650,000 Sun 1-3 PM Marr and Caruso Realty Cos Cob $685,000 Sat 1-3 PM Coldwell Banker Cos Cob $758,000 Sun 1-3 PM Coldwell Banker Cos Cob $795,000 Sun 2-4 PM Coldwell Banker Greenwich $795,000 Sat 1-3 PM Sotheby's Riverside $835,000 Sat 1-3 PM Coldwell Banker Riverside $835,000 Sat 1-3 PM Coldwell Banker Old Greenwich $839,500 Sun 1-3 PM Coldwell Banker Riverside $899,000 Sun 1-3 PM Berkshire Hathaway Cos Cob $950,000 Sun 1-3 PM Executive Real Estate Greenwich $950,000 Sat 1-3 PM William Raveis Cos Cob $959,000 Sun 1-3 PM Berkshire Hathaway Greenwich $969,000 Sun 1-3 PM Sotheby's Greenwich $995,000 Sun 1-4 PM Berkshire Hathaway Cos Cob $1,050,000 Sun 1-3 PM Coldwell Banker Cos Cob $1,095,000 Sun 1-3:30 PM Coldwell Banker Greenwich $1,126,000 Sun 1-4 PM Berkshire Hathaway Greenwich $1,145,000 Sun 1-3 PM William Raveis Greenwich $1,195,000 Sun 1-3 PM Berkshire Hathaway Greenwich $1,195,000 Sun 1-3 PM Coldwell Banker Cos Cob $1,195,000 Sun 1-3 PM Sotheby's Cos Cob $1,199,000 Sun 1-3 PM Sotheby's Greenwich $1,199,900 Sun 2-4 PM Coldwell Banker Greenwich $1,200,000 Sun 1-3 PM Berkshire Hathaway CONTINUED ON PAGE B5
Mid-Country Retreat Greenwich, CT Ellen Mosher and Barbara Cioffari exclusively present this gracious, sun- filled Georgian on over two park-like acres bordering conservation land, less than ten minutes from town. Wonderful open layout with expansive windows and French doors to terraces. Grand living room with a doublesided fireplace, gourmet center-isle kitchen and a paneled library. Four bedrooms and an elegant master suite. Generator. WEB# GS1510314 · $1,775,000
ELLEN MOSHER
B A R B A R A K . C I O F FA R I
Real Estate Salesperson
Real Estate Salesperson
M 203.705.9680
M 914.841.6268
emosher@houlihanlawrence.com
BCioffari@HoulihanLawrence.com
ellenmosher.com
barbaracioffari.houlihanlawrence.com
/ G R E E N W I C H C T R E A L E S TAT E
@A RO U N D G R EEN W I C H
@A RO U N D G R EEN W I C H
4
2.1
4,722
2.3
BEDROOMS
B AT H
SQ FT
AC R E S
G R E E N W I C H B R O K E R A G E 2 0 3 . 8 6 9. 0 7 0 0
2 S O U N D V I E W D R I V E | G R E E N W I C H , C T 0 6 8 3 0 | 2 0 3 . 8 6 9. 0 7 0 0
Luxury at Every Price Point Upcoming Open Houses
19 Crescent Road Offered at $2,095,000
OPEN HOUSE: SUNDAY 4/28, 1-3PM
27 Edgewater Drive Offered at $1,695,000
19CRESCENTROAD.COM Tracey Koorbusch | (203) 561-8266
33 Farms Road | Stamford, CT Offered at $1,495,000
OPEN HOUSE: SUNDAY 4/28, 1-3PM
27EDGEWATER.COM Daphne Lamsvelt-Pol | (203) 391-4846
21 Ocean Drive West | Stamford, CT Offered at $1,395,000
33FARMSROAD.COM Cate Keeney | (203) 536-8187 James Lacerenza | (203) 618-3168
17 Mallard Drive Offered at $969,000
OPEN HOUSE: SUNDAY 4/28, 1-3PM
17MALLARDDRIVE.COM Andy Healy | (203) 550-4848
OPEN HOUSE: SUNDAY 4/28, 1-3PM
OPEN HOUSE: SUNDAY 4/28, 1-3PM
21OCEANDRIVEW.COM Krissy Blake | (203) 536-2743
34 Putnam Park Offered at $395,000
OPEN HOUSE: SUNDAY 4/28, 2-4PM
34PUTNAMPARK34.COM Kim Horton | (203) 915-9100
We invite you to explore our exclusive offerings at
S OT H E BYS HO ME S.CO M/GRE E NWICH
Greenwich Brokerage One Pickwick Plaza | 203.869.4343 Sotheby’s International Realty and the Sotheby’s International Realty logo are registered (or unregistered) service marks used with permission. Operated by Sotheby’s International Realty, Inc. Real estate agents affiliated with Sotheby’s International Realty, Inc. are independent contractor sales associates and are not employees of Sotheby’s International Realty, Inc. Equal Housing Opportunity.
VOTED
BOLDEST
AGENT OF THE YEAR 2018
BERKSHIRE HATHAWAY HOMESERVICES
ROBERTA JURIK
“Roberta goes above and beyond for her clients, coworkers and staff. She's never too busy to share her vast knowledge, answer a question, or help someone else out! She takes risks and thinks out of the box.”
THANK YOU TO MY CLIENTS FOR ANOTHER GREAT YEAR! I LOOK FORWARD TO BEING BOLD FOR YOU IN 2019! Roberta Jurik, Relocation Specialist Licensed in CT & NY since 1982 | RobertaJurik@bhhsne.com | 203.561.6602
©2019 An independently operated member of BHH Affiliates. Equal Housing Opportunity.
REAL ESTATE DASHBOARD
B5
NEW LISTINGS IN GREENWICH THRU 4/24/19 Data Compiled by Cesar Rabellino (203) 249-9866 Blue lines also have open houses this weekend.
REAL ESTATE DASHBOARD MASTHEAD DASHBOARD EDITOR
Mark Pruner | Mark@GreenwichStreets.com | mark@bhhsne.com
CONTRIBUTORS
Robert Pulitano | RobertP4@optonline.net Cesar Rabillino | CesarRabellino@bhhsne.com Pam Toner | PToner@HoulihanLawrence.com
NEW SALES IN GREENWICH THRU 4/24/19 Data Compiled by Cesar Rabellino (203) 249-9866
Address
Original List
List Price
Sold Price DOM BR FB Acres
SqFt
50 Lafayette Place 3E
$499,000 $729,000 $839,000 $7,495,000
$499,000 $729,000 $798,800 $7,495,000
$493,500 $712,000 $765,000 $6,850,000
1,250 2,035 1,992 11,231
118 Greenwich Hills Drive 52 Stirrup Lane 35 Winding Lane
19 45 240 42
3 3 3 7
2 2 2 7
0 0 0 2.22
FEATURED OPEN HOUSES
Compiled by Rob Pulitano, Berkshire Hathaway, 203-561-8092
Address
Area
500 River Road #17 44 Hendrie Avenue 1 Tait Road 15 Mansion Place 56 Byram Shore Road 25 Harkim Road 4 Banksville Road 37 Buckfield Lane 9 Swan Terrace 125 Hendrie Avenue 64 N Hawthorne Street 15 Elizabeth Lane 9 Comly Terrace 22 Indian Field Road 1 Lia Fail Way 115 Dingletown Road 5 Shady Brook Lane 11 Ricki Beth Lane 35 Indian Field Road 66 Sherwood Avenue 27 Edgewater Drive 22 Linwood Avenue 60 Lockwood Lane 6 Carissa Lane 40 W Elm Street #4K 19 Knoll Street 552 River Road 22 Crescent Road 554 River Road 15 Shady Lane 7 Grey Rock Drive 37 Crescent Road 35 Orchard Place 12 Dorchester Lane 3 Bote Road 19 Crescent Road 34 Wescott Street 10 Edgewood Drive #3B 39 Bedford Road 1 Ford Lane 591 Lake Avenue 269 Milbank Avenue 34 Circle Drive 130 Lower Cross Road 28 Baldwin Farms Road North 2 Holly Way 35 Chapel Lane 17 Heronvue Road 43 Zaccheus Mead Lane 9 Stallion Trail 100 Hendrie Avenue 4 Laurel Lane Spur 73 Sawmill Lane 63 Glenville Road
Price
Day/Time
Broker
CONTINUED FROM PAGE B2 Cos Cob $1,285,000 Sun 1-4 PM Coldwell Banker Riverside $1,325,000 Sun 1-3 PM Coldwell Banker Old Greenwich $1,350,000 Sun 2-4 PM Berkshire Hathaway Greenwich $1,350,000 Sun 1-3 PM Coldwell Banker Greenwich $1,395,000 Sun 1-3 PM Coldwell Banker Greenwich $1,398,000 Sun 2-4 PM Anderson Associates Greenwich $1,399,000 Sun 1-3 PM Coldwell Banker Greenwich $1,450,000 Sun 2-4 PM Berkshire Hathaway Greenwich $1,475,000 Sat 1-3 PM William Raveis Riverside $1,490,000 Sun 1-3 PM Coldwell Banker Greenwich $1,495,000 Sun 1-3 PM Sotheby's Riverside $1,549,000 Sat 2-4 PM Coldwell Banker Greenwich $1,549,000 Sun 1-3 PM Coldwell Banker Greenwich $1,550,000 Sun 2-4 PM Berkshire Hathaway Cos Cob $1,570,000 Sun 2-4 PM Coldwell Banker Greenwich $1,595,000 Sun 1-4 PM Coldwell Banker Old Greenwich $1,650,000 Sun 1-3 PM Coldwell Banker Old Greenwich $1,650,000 Sun 1-3 PM Sotheby's Greenwich $1,695,000 Sat 1-3 PM Berkshire Hathaway Greenwich $1,695,000 Sat 2-4 PM Coldwell Banker Old Greenwich $1,695,000 Sun 1-3 PM Sotheby's Riverside $1,700,000 Sun 1-3 PM Coldwell Banker Riverside $1,895,000 Sun 1-3 PM Berkshire Hathaway Greenwich $1,899,000 Sat 1:30-3:30 PM Sotheby's Greenwich $1,950,000 Sat 12-2 PM Coldwell Banker Riverside $1,950,000 Sun 1-3 PM Coldwell Banker Cos Cob $1,950,000 Sun 1-4 PM Coldwell Banker Riverside $1,950,000 Sun 2-4 PM Sotheby's Cos Cob $1,990,000 Sun 1-4 PM Coldwell Banker Greenwich $1,998,000 Sun 2-4 PM Coldwell Banker Greenwich $1,999,000 Sun 2:30-4:30 PM Sotheby's Riverside $1,999,000 Sun 1-3 PM William Raveis Greenwich $2,000,000 Sun 2:30-4:30 PM William Raveis Riverside $2,045,000 Sun 1-3 PM Coldwell Banker Greenwich $2,095,000 Sun 1-3 PM Berkshire Hathaway Riverside $2,095,000 Sun 1-3 PM Sotheby's Riverside $2,099,690 Sun 1-3 PM Keller Williams Greenwich $2,295,000 Sun 2-4 PM Sotheby's Greenwich $2,350,000 Sun 1-3 PM Coldwell Banker Old Greenwich $2,385,000 Sun 1-4 PM Berkshire Hathaway Greenwich $2,495,000 Sun 2-4 PM Sotheby's Greenwich $2,500,000 Sun 2-4 PM Coldwell Banker Greenwich $2,625,000 Sun 1-3 PM William Raveis Greenwich $2,650,000 Sun 1-3 PM Sotheby's Greenwich $2,675,000 Sun 1-3 PM Coldwell Banker Cos Cob $2,750,000 Sun 1-4 PM Coldwell Banker Riverside $2,750,000 Sun 3-5 PM Coldwell Banker Greenwich $2,750,000 Sat 10-12 PM Sotheby's Greenwich $2,795,000 Sun 1-3 PM Coldwell Banker Greenwich $2,799,000 Sun 12-2 PM COMPASS Riverside $2,825,000 Sun 1-3 PM Centric Property Group Greenwich $2,925,000 Sun 1-3 PM Coldwell Banker Greenwich $3,175,000 Sun 2-4 PM William Raveis Greenwich $3,215,000 Sun 1-4 PM Sotheby's
Address
List Price
Price/SqFt
SqFt
AC
1465 Putnam Avenue 536 190 Putnam Park 2 Putnam Hill 4B 6 Caroline Farms Road 1 25 Indian Harbor Drive 11 29 Thornhill Road 15 Lafayette Court 4B 43 Sundance Drive 10 Ridge Road 31 Scott Lane 13 Dialstone Lane 31 Center Drive 500 River Road 17 44 Hendrie Avenue 37 Buckfield Lane 18 Bramble Lane 22 Linwood Avenue 11 Tory Road 1 White Birch Lane 19 Knoll Street 22 Crescent Road 191 Palmer Hill Road 3 Bote Road 36 Meyer Place 4 Orchard Street 1 Ford Lane 110 Londonderry Drive 2 Holly Way 237 Lake Avenue 4 Mountain Laurel Drive 15 Irvine Road 55 Park Avenue 50 Hillside Drive 390 Lake Avenue 50 Lockwood Avenue 422 Maple Avenue 10 Crossway 15 Point Lane 108 John Street 201 Otter Rock Drive 40 Otter Rock Drive 36 Lismore Lane
$365,000 $398,000 $679,500 $758,000 $765,000 $799,000 $925,000 $939,000 $1,050,000 $1,195,000 $1,195,000 $1,250,000 $1,285,000 $1,325,000 $1,450,000 $1,525,000 $1,700,000 $1,799,000 $1,895,000 $1,950,000 $1,950,000 $2,075,000 $2,095,000 $2,195,000 $2,300,000 $2,385,000 $2,500,000 $2,750,000 $2,799,000 $2,799,000 $3,095,000 $3,595,000 $3,775,000 $3,850,000 $3,995,000 $4,750,000 $4,995,000 $4,995,000 $4,995,000 $8,850,000 $8,950,000 $9,750,000
$551 $398
662 1,000
0
$445 $475 $617 $632 $376 $376 $244 $671 $556 $538 $538
1,702 1,612 1,296 1,464 2,500 2,795 4,900 1,781 2,250 2,388 2,464 2,165 2,810 3,552 3,930 2,790 3,315 3,650 3,491 5,400 2,006 2,949 3,939 8,414 3,791 5,613 3,610 5,306 4,899 6,882 5,151 9,305 4,448 3,960 9,007 7,220 7,362 9,821
0 0 0.3 0 0.3 0.2 0.49 0.22 0.38 0 0.19 3.17 0.28 0.3 0.26 1.56 0.26 0.57 1.1 0.28 0.31 0.65 0.27 2.06 1 0.21 2.03 0.3 0.39 0.57 2.09 0.35 1.33 0.44 0.32 7.91 0.79 1.59 2
$704 $605 $506 $482 $699 $588 $568 $600 $406 $1,147 $809 $635 $327 $738 $499 $857 $678 $771 $559 $776 $510 $1,123 $1,261 $555 $1,226 $1,216 $993
BR FB
1 1 2 2 2 3 2 4 5 5 3 4 3 4 5 3 4 4 5 4 4 5 4 6 3 4 5 7 5 5 5 5 5 6 5 6 5 5 6 5 8 6
1 1 1 2 2 2 2 2 3 5 1 2 2 2 4 2 2 3 3 3 2 3 3 5 2 3 4 7 3 6 5 5 5 9 6 6 5 4 6 4 5 6
Old Greenwich South Parkway South of Post Road Cos Cob South of Post Road Riverside South Parkway Cos Cob Cos Cob Banksville Riverside Old Greenwich Cos Cob Riverside North Parkway Riverside Riverside North Mianus Cos Cob Riverside Riverside Old Greenwich South Parkway Riverside Cos Cob Old Greenwich South Parkway Cos Cob South Parkway North Parkway Old Greenwich Old Greenwich South Parkway South Parkway Old Greenwich South Parkway Old Greenwich Old Greenwich North Parkway South of Post Road South of Post Road South Parkway
FEATURED OPEN HOUSES
Compiled by Rob Pulitano, Berkshire Hathaway, 203-561-8092
Address
378 Taconic Road 40 W Elm Street #3D/E 7 Nawthorne Road 62 Pine Ridge Road 613 Round Hill Road 11 Plow Lane 55 Park Avenue 141 Milbank Avenue 52 Ridgeview Avenue 291 Stanwich Road 16 Boulder Brook Road 6 Khakum Drive 777 Lake Avenue 38 Birch Lane
Area
Greenwich Greenwich Old Greenwich Greenwich Greenwich Greenwich Old Greenwich Greenwich Greenwich Greenwich Greenwich Greenwich Greenwich Greenwich
Price
$3,250,000 $3,395,000 $3,425,000 $3,450,000 $3,500,000 $3,595,000 $3,595,000 $3,695,000 $3,795,000 $4,095,000 $4,495,000 $5,100,000 $5,395,000 $5,995,000
Day/Time Sun 2-4 PM Sun 2-4 PM Sun 1-4 PM Sat 1-3 PM Sat 2-4 PM Sun 1-3 PM Sun 2-4 PM Sun 1-3 PM Sun 2-4 PM Sun 1-3 PM Sun 1-3 PM Sun 1-3 PM Sun 1-3 PM Sun 1-3 PM
Broker
Coldwell Banker Berkshire Hathaway Sotheby's Berkshire Hathaway Coldwell Banker Coldwell Banker Coldwell Banker Coldwell Banker Berkshire Hathaway Sotheby's Coldwell Banker Sotheby's Sotheby's Coldwell Banker
We’ll supply the loan. The hard hat’s on you. Building a new home or renovating the old? Our construction mortgage is a one-stop shop for all of your financing needs.
Call me today. Dorothy Cardillo Mortgage Loan Officer NMLS ID#: 722895 1-203-940-3266 dorothy.cardillo@td.com tdbank.com/dorothycardillo
GET YOUR UP TO DATE OPEN HOUSE LIST EACH WEEKEND SIGN UP FOR 5 Things To Do in Greenwich Today e-mails at www.GreenwichSentinel.com
Area
Loans subject to credit approval. | Equal Housing Lender Member FDIC, TD Bank, N.A.
WHERE EXCELLENCE LIVES
New ListiNg. OpeN HOuse, suNday 2-4 pM. FOur-acre estate iN BucOLic Back-cOuNtry. 378 Taconic Road, Greenwich, CT | $3,250,000 6 Bedrooms | 5/2 Baths | 9,844 SF | 4.07 Acres | WEB # 106103
BeautiFuLLy MaiNtaiNed aNd updated Justus sackett HOuse, a HOp tO tOwN & scHOOLs. 45 Patterson Avenue, Greenwich, CT | $4,375,000 7 Bedrooms | 6/1 Baths | 5,718 SF | 1.13 Acres | WEB #101959 Co-Listed with Tamar Lurie
Kathy Markby | 203.253.0742 66 Field Point Road | Green wi ch , C T 0 6 8 3 0 • 2 7 8 S ou n d Beach Ave nue | Old Greenwich, CT 06870 Real estate agents affiliated with Coldwell Banker Residential Brokerage are independent contractor agents and are not employees of the Company. The property information herein is derived from various sources that may include, but not be limited to, county records and the Multiple Listing Service, and it may include approximations. Although the information is believed to be accurate, it is not warranted and you should not rely upon it without personal verification. ©2019 Coldwell Banker Residential Brokerage. All Rights Reserved. Coldwell Banker Residential Brokerage fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Owned by a subsidiary of NRT LLC. Coldwell Banker and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC.
WHERE EXCELLENCE LIVES
Open HOuse, tHIs saturday, aprIl 27tH, 2-4pM redesIgned fOr tOday’s Buyer. BeautIful spacIOus HOMe On prIvate lane Off rOund HIll rOad 613 Round Hill Road, Greenwich, CT | NEW PRICE $3,500,000 6 Bedrooms | 6/1 Baths | 6,965 SF | 3.10 Acres | 3-Car Garage
Open HOuse, next saturday, May 4tH, 2-4 pM IMpressIve HOMe, MetIculOusly MaIntaIned wItH a prIvate yard. 282 Taconic Road, Greenwich, CT | $3,150,000 6 Bedrooms | 6/1 Baths | 5,790 SF | 4.26 Acres | 3-Car Garage
Lin Lavery | 203.536.0152 66 Field Point Road | Green wi ch , C T 0 6 8 3 0 • 2 7 8 S ou n d Beach Ave nue | Old Greenwich, CT 06870 Real estate agents affiliated with Coldwell Banker Residential Brokerage are independent contractor agents and are not employees of the Company. The property information herein is derived from various sources that may include, but not be limited to, county records and the Multiple Listing Service, and it may include approximations. Although the information is believed to be accurate, it is not warranted and you should not rely upon it without personal verification. ©2019 Coldwell Banker Residential Brokerage. All Rights Reserved. Coldwell Banker Residential Brokerage fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Owned by a subsidiary of NRT LLC. Coldwell Banker and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC.
WHERE EXCELLENCE LIVES
New ListiNg. OpeN HOuse, suNday 3-5 pM. waterfrONt iN riverside. stuNNiNg reNOvatiON. waLk tO scHOOLs & traiN. 35 Chapel Lane, Riverside, CT | $2,750,000 5 Bedrooms | 4/1 Baths | 4,382 SF | 0.57 Acres | WEB #106291 Jane Owen Brash | 203.952.9249
New ListiNg. OpeN HOuse, suNday 1-3 pM
New ListiNg. OpeN HOuse, suNday 1-3 pM
19 Knoll Street, Riverside, CT | $1,950,000 4 Bedrooms | 3/2 Baths | 2,790 SF | 0.26 Acres | WEB #106216 Jane Owen Brash 203.952.9249 | Cynthia De Riemer 203.918.1523
22 Linwood Avenue, Riverside, CT | $1,700,000 4 Bedrooms | 2/1 Baths | 2,810 SF | 0.30 Acres | WEB # 106278 Cynthia De Riemer | 203.918.1523
New ListiNg. OpeN HOuse, suNday 1-3 pM
OpeN HOuse, suNday 1-3 pM
44 Hendrie Avenue, Riverside, CT | $1,325,000 4 Bedrooms | 2/1 Baths | 2,464 SF | 0.19 Acres | WEB # 106277 Cynthia De Riemer | 203.918.1523
12 Dorchester Lane, Riverside, CT | $2,045,000 4 Bedrooms | 2/2 Baths | 3,400 SF | 0.25 Acres | WEB # 105664 Jane Owen Brash | 203.952.9249
C OLD WE LLB ANKE R HO M ES.COM 66 F ie ld Po int Ro a d | G reen wich , C T 0 6 8 3 0 • 2 7 8 S ou n d B each Av e nue | O l d Gre e nw i ch, C T 0 6 8 7 0 Real estate agents affiliated with Coldwell Banker Residential Brokerage are independent contractor agents and are not employees of the Company. The property information herein is derived from various sources that may include, but not be limited to, county records and the Multiple Listing Service, and it may include approximations. Although the information is believed to be accurate, it is not warranted and you should not rely upon it without personal verification. ©2019 Coldwell Banker Residential Brokerage. All Rights Reserved. Coldwell Banker Residential Brokerage fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Owned by a subsidiary of NRT LLC. Coldwell Banker and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC.
WHERE EXCELLENCE LIVES
new price. Open HOuse, sunday 1-4 pM
Open HOuse, saturday 12-2 pM
552 River Road, Cos Cob, CT | $1,950,000 4 Bedrooms | 4/1 Baths | 3,896 SF | 0.28 Acres | WEB # 104497 Drew Peterson | 203.253.7653
40 West Elm Street, Unit 4K, Greenwich, CT | $1,950,000 2 Bedrooms | 2 Bath CONDO | WEB # 105389 | For Rent $7500/mo Kara Cugno | 203.912.9527
Open HOuse, sunday 2-4 pM
new Listing. Open HOuse, sunday 1-3 pM
37 Fairway Lane, Greenwich, CT | $1,199,900 4 Bedrooms | 2 Baths | 1,749 SF | 1.04 Acres | WEB # 105311 Drew Peterson | 203.253.7653
31 Scott Lane, Greenwich, CT | $1,195,000 5 Bedrooms | 5/1 Baths | 4,900 SF | 0.49 Acres | WEB # 106257 Kaye Lewis 203.249.9603 | Tracey Stetler 203.918.2608
new Listing. Open HOuse, sunday 1-3 pM
new Listing. Open HOuse, sunday 12-2 pM
6 Caroline Farms Road, Unit 1, Cos Cob, CT | $758,000 2-3 Bedrooms | 2/1 Baths | 1,702 SF Condo | WEB # 106282 Tracey Stetler | 203.918.2608
50 Lafayette Place, Unit #1i, Greenwich, CT | $379,000 1 Bedroom | 1 Bath | 745 SF Condo | WEB # 105991 Lucy Ann Macaluso | 203.570.6001
C OLDWE LLB ANKE R HO M ES.COM 203.622.1100 | 203.637.1300 66 F ie ld Po int Ro a d | G reen wich , C T 0 6 8 3 0 • 2 7 8 S ou n d B each Av e nue | O l d Gre e nw i ch, C T 0 6 8 7 0 Real estate agents affiliated with Coldwell Banker Residential Brokerage are independent contractor agents and are not employees of the Company. The property information herein is derived from various sources that may include, but not be limited to, county records and the Multiple Listing Service, and it may include approximations. Although the information is believed to be accurate, it is not warranted and you should not rely upon it without personal verification. ©2019 Coldwell Banker Residential Brokerage. All Rights Reserved. Coldwell Banker Residential Brokerage fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Owned by a subsidiary of NRT LLC. Coldwell Banker and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC.
WHERE EXCELLENCE LIVES
New ListiNg. OpeN HOuse, suNday 2-4 pM. eLegaNt aNd spaciOus iN tHe ViLLage! 55 Park Avenue, Old Greenwich, CT | $3,595,000 5 Bedrooms | 5/2 Baths | 4,717 SF | 0.39 Acres | WEB # 106231 Liz Johnson | 203.253.7412
New ListiNg. OpeN HOuse, suNday 1-4 pM 2 Holly Way, Cos Cob, CT | $2,750,000 7 Bedrooms | 7/1 Baths | 8,414, SF | 1 Acre | WEB # 106266 Suzy Armstrong | 203.253.3952
C OLDWE LLB ANKE R HO M ES.COM 203.622.1100 | 203.637.1300 66 F ie ld Po int Ro a d | G reen wich , C T 0 6 8 3 0 • 2 7 8 S ou n d B each Av e nue | O l d Gre e nw i ch, C T 0 6 8 7 0 Real estate agents affiliated with Coldwell Banker Residential Brokerage are independent contractor agents and are not employees of the Company. The property information herein is derived from various sources that may include, but not be limited to, county records and the Multiple Listing Service, and it may include approximations. Although the information is believed to be accurate, it is not warranted and you should not rely upon it without personal verification. ©2019 Coldwell Banker Residential Brokerage. All Rights Reserved. Coldwell Banker Residential Brokerage fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Owned by a subsidiary of NRT LLC. Coldwell Banker and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC.