Cos Cob Contract

8 Glendale Street, $2.3 million, 12 days on market. Built in 1908, it was purchased for $520,000 in 2009, gut-renovated and expanded from 1,224 sq. ft. to 3,400 in 2016, and these owners purchased it for $1.825 million in June 2022. So, 26% appreciation? That’s not surprising, these days.

I do wonder at the brief periods of ownership of so many houses in Greenwich; it’s not a new phenomenon, and it’s a grand thing for realtors — don’t ever change, you gypsies, you — but it has always struck me that the hassle of moving and the lost opportunity to build relationships with one’s neighbors would militate against frequent moves. Apparently. many homebuyers disagree.

2009