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Home Fairfield

Greenwich mansions move up the A-list

Alexander Soule by Alexander Soule
October 22, 2009
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Greenwich has nearly elbowed Beverly Hills, Calif., out of the spotlight for the most expensive manses in the country.

Coldwell Banker Real Estate Corp. annually compares average prices for homes that feature roughly 2,200 square feet, four bedrooms, two full bathrooms and a half-bath.

Greenwich homes meeting that threshold sold for $2 million this year on average, up 44 percent from 2006 when the town ranked seventh nationally.

As of mid-September, two Greenwich estates were on the market for $40 million: a 10-acre estate with a 10,000-square-foot home, a pier, two beaches and a two-story waterfall cascading into a pool; and a 12,500-square-foot mansion with 11 bedrooms. The two most expensive Beverly Hills homes for sale in mid-September were priced to move at $25 million and $15 million. A 2,200-square-foot home in the Los Angeles suburb sold for $2.2 million on average this year, up 23 percent from 2006.

Boston joined Greenwich this year as the only other community outside California to crack the top 10, with an average large-home value of $1.4 million.

In Connecticut, West Hartford provides the biggest bang for the buck, with an average selling price of $365,000, down from $393,000 in 2006.

Katonah in Westchester County has the ritziest zip code in New York at $905,000.

Hillbillies lacking Rodeo Drive tastes (or Rodeo Drive East, for that matter) might inquire about Killeen, Texas, which had an average large-home price of $137,000.

Coldwell Banker is based in Parsippany, N.J.; the brokerage”™s main office in Fairfield County is in Danbury.

 

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