‘Frantic’ New Yorkers snatch up unwanted homes in the suburbs

‘Frantic’ New Yorkers snatch up unwanted homes in the suburbs


They were the castoffs of local real estate — until coronavirus came to call.

Some houses in suburban towns and rural areas outside of New York City sat on the market for years.

But then the pandemic spurred cooped-up urbanites to run for the hills and sparked an uptick in property sales within a few-hour radius of Manhattan.

In Connecticut, a charming colonial home in Darien lingered on the market for 1,083 days, while a 1980s contemporary in Salisbury ticked over the 1,500-day mark.

But then COVID-19 hit. They went from being the last kids picked on the team to idyllic quarantine dreams.

The four-bedroom colonial at 208 West Ave. in Darien, a tony town near Stamford, listed in September 2018 for $980,000 but drew little interest until March. (Like many houses that linger on the market, it was likely overpriced at the start.)

Then, Halstead agent Cheryl Williams says, she conducted multiple virtual showings before the colonial sold to a young couple for $750,000. They had to cancel their May wedding, Williams adds, “so they decided to buy a house instead.”

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Halstead broker Cheryl Williams finally sold a property at 208 West Ave. in Darien, Conn., to a couple leaving NYC after it was on the market for a whopping 1,083 days.
Halstead broker Cheryl Williams finally sold a property at 208 West Ave. in Darien, Conn., to a couple leaving NYC after it was on the market for a whopping 1,083 days.

 

for home208 West AvenueCredit: Halstead Connecticut LLC
Coronavirus has motivated buyers fleeing the city to snatch up suburban houses that had previously spent years on market. 208 West Ave. in Darien, Conn., first listed in September 2018.

 

After over four years on the market, 351 Twin Lakes in Salisbury sold for $895,000.
After over four years on the market, 351 Twin Lakes in Salisbury sold for $895,000.
For Home121 Ridgewood Road, Kerhonkson credit: Morton Adams Photography
Better late than never: It took over a year for 121 Ridgewood Road in Kerhonkson, NY, to spark any interest. It sold in a flash after COVID-19 hit.

 

After nearly three years on the market, 85 N. Sugar Road in Salisbury, Conn., sold for $3.75 million.
After nearly three years on the market, 85 N. Sugar Road in Salisbury, Conn., sold for $3.75 million.

 

https://www.nytimes.com/2020/05/08/realestate/coronavirus-escape-city-to-suburbs.html?searchResultPosition=1
221 Fuller Mountain in Kent, Conn., idled away on the market for nearly eight years before being scooped up during the pandemic.Realtor.com


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