Friday, February 27, 2009

Greenwich Sellers Love Out-of-Town Agents: 340 Valley Rd


Unit 5 at Valley Ridge sold today for $2.36mln after 447 days on market. The unit was the model home for this new condo development by Greyrock Company at 340 Valley Road. The original list price was $2.7mln. Interestingly, this is the second sale in this 10 unit development. So there are eight units left. And the first sale was for $2.3mln in July '08.


Congratulations to Greyrock! But I am not surprised this was sold by an out-of-town agent (Norwalk per sales records). Over the years, I've been stumped by sales on several occasions and often find that the buyer has been represented by an out-of-town agent. This is another one.




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