The owners bought it new in 2007 for $11,200,000 – so surely they’re disappointed with the price…but holding out would most likely not have benefitted them. In the last 12 months, we’ve only seen 4 homes sold between $10M and $12M sold. Currently there are 15 active homes within this price range. So absorption rate calculated over the last 12 months, indicates 45 months supply….and all 4 sales occurred between June and September 2013…so it may be trending more positively. In addition, there was another $15M sale this month – 164 Round Hill Rd – however, when a bird is in the hand…
The art of the deal transcends all businesses, and more so in real estate than in many other professions. For the client, it's often an emotional purchase or sale, rather than a simple commodity or luxury item. I make it my mission to have each side come to terms with a transaction that works for everyone. It's not always easy, but good things in life usually take effort - something from which I've never shied.
Licensed since 2009 as a real estate sales agent in CT & NY, I often work with clients on the border of both areas.
With sales and distribution experience for luxury designer products, and watching/reacting to the markets, my acumen for sales was established. Achieving success and contributing to the growth of many global apparel designer brands, such as Giorgio Armani and Paul Smith for over 20 years, it was time for a change. I wanted to explore another passion that would keep me in one location rather than traveling the globe.
Now I have the best of both worlds, a successful business as a fulfilling personal life. My husband and I have lived in back country Greenwich since 2003, where we enjoy easy access to great biking, hiking and golf. We love to ski and that's usually where our travel takes us.
Life is good in Greenwich!
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Deb Halsey Real Estate 