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!
No, I'm not talking about the weather,heaven knows.Im talkin' real estate, as always. The next two to three weeks will be the peak of the spring real estate market in Darien,Ct.From then on, new listings will become scarcer and those left remaining on the market will be overpriced or unloved for one reason or another. I also mentioned in a previous post that the State of CT conveyance tax will increase as of July 1 further incenting sellers to get their home sales "buttoned...Continue Reading!
There are five elementary schools in Darien, Tokeneke,Royle,Ox Ridge,Hindley and Holmes.Those schools all feed into the Middlesex Middle School and ultimately to Darien High School.Almost everyone I know who has looked for a home,knows someone already here in town.Invariably, they tell me they want to buy in oneschool district or another because they were told it was the best one. Mind you I've heard this about every one of the five elementary schools. . Come to Darien but don't worry about the schools districts....Continue Reading!
Just when we thought it was safe to dip our toes back in the real estate market in Darien and Fairfield County the government goes and steps in. It's no secret that Connecticut like so many other states are facing huge budget deficits.So in its infinite wisdom the legislature has raised the cost of selling a home. Connecticut has long had what is termed a "conveyance tax". Basically that means when a homeowner sells property, there is a sales tax levied.The new...Continue Reading!
The beat goes on in Darien,CT and Fairfield County real estate.The market is robust and the market numbers for the month of April when they are tallied will bear me out.At the risk of sounding like a broken record, the spring market has arrived and as regards sheer volume of homes being sold,is doing quite nicely.The only issue whether you are a buyer or a seller, is one of pricing. The homes that are selling are the ones where there is perceived value and...Continue Reading!
You've driven by it a hundred times.You know that house near the corner of West Ave. and Leroy Ave. that used to look so old and sad...the one with the mansard roof.Yea, that one.I know.You've always wanted to go in and see it.Well, now you can and you can even own it if you like what you see and I guarantee that you will. This familiar Darien,CT landmark is on the market for $2.395 million and worth every cent. 95 Leroy Ave. has been rescued from its...Continue Reading!
Generally, I write about Darien CT and all the beautiful homes it has to offer for sale or rent. From time to time however, I list homes in the neighboring town of Norwalk ,CT. Just such a home is located on one of the most spectacular pieces of property I have ever seen in Norwalk or anywhere for that matter. This five bedroom, six and a half bath home sits directly on Florsheim Pond and is just steps from a gorgeous waterfall. An original...Continue Reading!
Shhhhh.It's still a secret. Yet another Darien historical home will be listed next week. This house contains over 5000 square feet of totally renovated space.Built in 1900 and redone in 2001, this secret listing has 5 bedrooms, 5 1/2 baths, a gourmet kitchen,family room,and library.The center of the home is a great room measuring approximately 42'x42'which contains the kitchen,living room and dining area.There are french doors,a fireplace and large mudroom too. Upstairs is a large sitting room,master suite and four...Continue Reading!
This is a good news/ bad news kind of post. The attached report showing the state of the Darien real estate market is completely depressing. It indicates across the board loses in listings, sales and average price. Only "days on market" numbers are moving in the right direction. The numbers can be explained by an extremely late spring (I'm not even sure it's here now) that kept buyers hunkered down. Now the good news.Since April 1, the entire market has turned around. Homes, if...Continue Reading!
Every once in a while I write about things that have nothing whatsoever to do with Darien real estate.Living in Fairfield County and particularly Darien, allows for a quick and relatively painless commute into New York City, whether its for work,theatre,shopping etc. One of the lesser known perks though is the ability to travel just 30 minutes down the road to a less heralded part of New York City,namely The Bronx.There you can take in a Yankee Game,visit the world famous...Continue Reading!