Market Trends Category
Not all homes in Darien are multi million dollar estates, on the water. The price of admission to this tony town of Darien is often much less than you might imagine.Condominiums in town are the most obvious choice to entry with pricing starting in the 400's and going up to $1.8 million or so for the new Kensett development. So what's in between if you want to take advantage of Darien,CT's waterfront community, one hour commute, and award winning schools. Case in...Continue Reading!
It's not everyday that you can find a home in Darien Ct that is absolutely pristine, and walking distance to train and shopping for under $1million. In fact,it happens almost never....except for TOMORROW, May 4,2015. I will be listing a beautiful 1940 square foot, 3 bedroom colonial on an "in demand "street in Darien for $945,000. On .23 acres this home has been freshly painted and carpeted. It has a large Master suite with remodeled master bathroom and large walk in closet. There...Continue Reading!
How’s the market? That's the evergreen question posed to me at the gym,supermarket and every cocktail party in town. At any given moment the state of real estate in Darien can be up, down or even sideways.It all depends on price point, seasonality and supply of listings and buyers. What we Do know is whats happened in the recent past, so let’s take a look backward at how Darien real estate fared in 2014. In a word, I’d say FINE. The statistics for 2014 demonstrate that...Continue Reading!
Its not yet 2015 but no doubt those thinking of buying a home in Darien or just about anywhere are all wondering the same thing. When should I begin my search? Is January too soon? May too late? Do prices spike in the spring? Is there anything wrong with homes that didn't sell over the winter? What do I do first? These are all reasonable questions with simple answers. As you've undoubtedly heard, all real estate is LOCAL. What holds true...Continue Reading!
Traditionally, the real estate market slows to crawl in the months of November and December while homeowners deck their halls ,trim the tree and yes shovel their driveways. People hunker down to wait out New England's increasingly long winter months and put all hopes of selling their homes until the cherry blossoms emerge. Homeowners temporarily remove their homes from the market and just wait for spring. No seller WANTS to do this but for whatever reason their home has not sold during...Continue Reading!
Don't breathe a word. I'll be listing a Darien home this week in the impossibly hard to find $1million price range. It's a three bedroom classic Cape, with a den, beautiful big,new mudroom, one and a half baths and carpeted, finished basement. The bedrooms are all upstairs and the house is sited on 1/2 acre in the Tokeneke School district. The kitchen has been updated and even has a Sub Zero fridge. The property is private with sliders and a stone patio off...Continue Reading!
How do I describe the doings in Darien Ct real estate this year so far? Well first, the season ,as we all know was severely delayed to to severely lousy weather,and a late spring that still is grudging. Repairs needed from ice dams, slowly melting snow and dazed homeowners kept things in a deep freeze well into April, 2014. Then came the thaw, or should I say partial thaw. Homes were listed and anything with a working front door and a price tag...Continue Reading!
Back "in the day" I used to post my favorite "House of the Week" on this blog but as usual things have gotten complicated. Legally, I am not allowed to post any information much less a review of any other agents' listings. It is considered advertising and one agent does not have the right to advertise another's listing without expressed permission. Since no one would grant me permission to write an unbiased review of a home, there is no sense to...Continue Reading!
Here is an unbiased report from Darien/New Canaan Magazine about the new normal in this areas real estate market....http://www.newcanaandarienmag.com/n/March-April-2014/The-Real-Estate-Survival-Guide/Continue Reading!
FINALLY, we are seeing more inventory come onto the Darien home marketplace. Its been a" fits and starts" sort of thing up until now,particularly in the entry level price point. So if you're interested in buying a home from $700,000-$1,500,000 NOW is the time to keep your eyes and ears open. These houses will go to the swiftest of buyers and those who are willing to step up in multiple bid situations. What does that mean exactly? Well just the way it sounds. If...Continue Reading!