Just posting the weekly numbers again for those of you following these things.Several new listings across all price points.Lots of price reductions as well.Number of accepted offers continues to be low with buyers seemingly going toward renting. Continue Reading!
Well lots of stuff. Once again this summer,Baywater Properties and Grove Street Investments is sponsoring Darien Summer Nights featuring free,live music in the Grove Street Plaza right here in Darien. Various bands and singer/songwriters will perform evert Friday from 6-9PM. There's a real mix of sounds,something for everyone. Check out the link for specific performers......And that's one of the things that's so great about living in Darien! http://dariensummernights.com/schedule-of-events/Continue Reading!
Where have all the buyers gone? To rentals is seems. At this time of the year when families wish to secure a place in the lauded Darien school system, rentals do take a bounce. This year was no exception except that the rush to rent seems sooner and faster than years past. The bad news from Wall Street about potential layoffs,and bad national economic news seems to have sent potential buyers headed toward leasing. I had a rental listing that...Continue Reading!
I'm told the thing these days is to blog hyper locally.So instead of just writing about Real Estate or even Darien,CT real estate,I'm supposed to write more about local events and news in town. OK Ill bite.If you're looking for a taste of Darien and what its like to live here heres a sample of this weeks news. A local teen was arrested for burglary after being spotted wearing the stolen wrist watch at the Darien High School prom.(Dopey kid) It seems...Continue Reading!
I could regale you with stats again this month but basically the market here is down about 10% in sales from last year.More importantly though is the way the market feels to me right now....frankly kind of schizophrenic. Normally, (and who knows what that is anymore) we would be winding down theDarein real estate spring season and coasting into summer with sales coming from those families wishing to be in a new home in time for the 2011/12 school year. Instead, last week...Continue Reading!
So I don't really feel like doing the whole statistical thing this week. For the most part things remain the same as they have been since the start of the Darien real estate season.If you haven't been reading this blog regularly, the spring market started late, houses are selling largely in the lower price points for Darien which is $700-$1,5million and only those who are priced according to the market are moving...some in as little as a weekend.It's no feeding...Continue Reading!
This blog is largely focused on Darien and homes therein but no discussion is complete without at least mentioning Rowayton,CT. Rowayton is kind of a sister town to Darien.Although part of the city of Norwalk,Darien and Rowayton share a border in various spots including, of course the shoreline.Anyway, every year Rowayton produces a wonderful Shakespearean play al fresco in its very own Pickney Park right on Five Mile River. They are very professional productions yet the atmoshphere is VERY family oriented and picnic...Continue Reading!
It is not an easy thing to choose a new community in which to live.Many families move here to Darien,Ct from the New York City or other areas with only the recommendation of a friend or family member. So, whats the best way to find out what a community is really like? How do you know if Darien is your kind of town?For starters take a look at local blogs,websites and Darien Patch. But better yet,get your hands on a copy of a good, old fashioned, local newspaper...Continue Reading!
As all you bloggers know I was predicting an uptick in sales activity and volume in April and in fact the market delivered. Dollar volume was up 28% to almost $40 million up from $25 million in 2010. That's a whopping 28%.Average sale price was way up to $2.327 million over $1.391 million in the previous April.Looked like we were on a roll. The year to date stats however tell a different tale. Darien real estate is actually down in units...Continue Reading!