Hot market

Contracts reported today (so far)

7 Old Camp

7 Old Camp Road, Cos Cob, asking $1.8 million, 25 days on market (DOM). It sold for $1.950 in our last frenzy back in 2006, but given the speed with which it’s sold this time, it wouldn’t shock me if that price has been achieved again.

29 Cottontail Road, Cos Cob. Asking $1.8, 26 DOM.

66 butternut hollow

66 Butternut Hollow Road, Greenwich, $2.750 million, 20 DOM

112 Shore Road

112 Shore Road, Old Greenwich. $2.5 million, 45 DOM.

It’s happening all over town. I had a client call about a condominium that had just hit the market in the western side. no showings until the following Monday. The Mickster called immediately to set up an appointment only to be told that all showing slots for Monday and Tuesday had been filled. literally within hours. In the past decade, units in this development have taken months to sell in — not so today.

I think the market will cool, and prices will drop, but not this spring, and maybe not this year. It’s a lousy time to be a buyer.