We're pleased to present the Sarsen Team September 2021 Market Data. Please click here to view the full report.
As we move into Fall, one of the big questions is when international buyers will start coming back. With the Biden administration under pressure to ease US travel bans, the media is filled with anecdotes about an eventual influx of foreign buyers. Experts including the National Association of Realtors (NAR) and Knight Frank have released studies indicating significant pent-up demand from international buyers.
Although the delta variant could prevent significant changes in travel restrictions in the short term, it is likely that pent-up demand will result in an eventual influx.
For sellers in CT, China is a particularly important country to watch given the number of Chinese buyers who purchased homes in the state in 2020 (NAR). There are already signs of surges in Chinese demand. (CNBC)
While only a fraction of these new employees will settle in Fairfield County, these new positions, along with pent-up demand, should increase sales to foreign buyers within the coming year.
September 2021 Property Transfers
Greenwich, CT:
9 Conyers Farm Drive, Greenwich, CT for $8,800,000
2 Dempsey Ln, Greenwich, CT for $8,250,000
4 Tods Driftway, Old Greenwich, CT for $6,632,000
9 Hobart Dr, Greenwich, CT for $6,000,000
61 Lower Cross Road, Greenwich, CT for $5,500,000
486 North Street, Greenwich, CT for $4,195,000
15 Shoal Point Ln, Riverside, CT for $3,900,000
310 Round Hill Rd, Greenwich, CT for $3,350,000
19 Overlook Dr, Greenwich, CT for $3,349,000
145 Lockwood Road, Riverside, CT for $3,320,000
249 Bedford Road, Greenwich, CT for $3,150,000
349 Sound Beach Avenue, Old Greenwich, CT for $3,100,000
842 North St, Greenwich, CT for $3,100,000
53 Hillcrest Park Road, Old Greenwich, CT for $3,000,000
16 Chieftans Road, Greenwich, CT for $3,000,000
474 North Street, Greenwich, CT for $2,850,000
11 Fairgreen Lane, Old Greenwich, CT for $2,850,000
15 Gray Oaks Ln, Greenwich, CT for $2,695,000
6 Glen Court, Greenwich, CT for $2,500,000
7 Brook Dr, Greenwich, CT for $2,380,000
22 Wescott St, Riverside, CT for $2,350,000
99 Winthrop Drive, Riverside, CT for $2,327,000
8 Rustic View Rd, Greenwich, CT for $2,270,000
28 Hidden Brook Rd, Riverside, CT for $2,205,000
44 Benjamin Street, Old Greenwich, CT for $2,200,000
220 Riverside Ave, Riverside, CT for $2,195,000
99 Stanwich Road, Greenwich, CT for $2,025,000
19 Woodland Dr, Unit B, Greenwich, CT for $1,900,000
72 Lockwood Rd, Riverside, CT for $1,875,000
47 Mimosa Dr, Cos Cob, CT for $1,667,000
323 Orchard St, Greenwich, CT for $1,650,000
33 Wildwood Dr, Greenwich, CT for $1,650,000
29 Bayside Terrace, Riverside, CT for $1,610,000
20 Sunshine Avenue, Riverside, CT for $1,525,000
57 Shore Road, Old Greenwich, CT for $1,450,000
39 Halock Drive, Greenwich, CT for $1,425,000
18 Amherst Road, Riverside, CT for $1,400,000
20 Ridge Road, Cos Cob, CT for $1,295,000
48 Indian Field Road, Greenwich, CT for $1,265,000
115 Stanwich Road, Greenwich, CT for $1,250,000
31 Crawford Ter, Riverside, CT for $1,125,000
11 Chateau Ridge Road, Greenwich, CT for $1,000,000