What You’ll Pay
House costs in Rowayton vary from round $500,000 to about $7 million, stated Kim Cannon Hyde, an agent with William Pitt Sotheby’s World Realty. Decrease priced homes have a tendency to be to the north, close to the teach station, she stated, whilst “you will pay a top rate to be at the water, and you will pay a top rate to be on the town.”
As in lots of spaces, costs have jumped all the way through the pandemic — “via about 32 % from the tip of 2020 to the tip of 2021,” Ms. Gatt stated. “Stock is traditionally low. Individuals are simply looking ahead to issues to come back on.”
According to knowledge equipped to and compiled via SmartMLS, Inc., as of March 14, there have been 11 single-family properties available on the market, from a 1,782-square-foot, three-bedroom raised ranch inbuilt 1976 on 0.18 acres and indexed for $725,000 to a 6,787-square-foot, six-bedroom farmhouse inbuilt 1872 on 0.2 acres and indexed for $3.495 million. There used to be one rental on the market, a 4,549-square-foot four-bedroom indexed for $2.495 million. There have been no multifamily properties available on the market.
As for leases, there have been 3 single-family properties to be had: an 1,800-square-foot four-bedroom for $4,200 a month, a 2,088-square-foot four-bedroom for $9,000 and a three,678-square-foot four-bedroom for $14,000.
The median sale value for a single-family house all the way through the 12-month duration finishing March 14 used to be $1.6 million, up from $1.3 million over the former 365 days. The median sale value for a rental used to be $2.375 million, up from $1.175 million over the former 365 days. The median per thirty days condominium used to be $8,000, down from $9,750 all the way through the former 365 days.
Just one multifamily area offered all the way through the previous 365 days, for $1 million; none have been offered all the way through the former 365 days.
