Low end inventory is doing just fine

Three sales reported today, including a Cos Cob bidding war (!)

6 Sherwood farms asked $5.2 million and sold for $4.675. Its price history is not readily available to me but I’d be astonished if the owner walked away whole on this one.

10 Anthony Place

10 Anthony Place, Riverside near I-95 asked $699,000 and promptly sold for $680,000.

And 15 Ronald Lane, in Cos Cob, a split described as “as is”, which is always a warning of unpleasant things to be found inside, asked $599,000 and sold for $680,000. Lack of inventory in this price range explains that.

 

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3 Comments

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3 Responses to Low end inventory is doing just fine

  1. Ask Walt

    Walt has declared it, therefore it must be: The purchase of a large car by a man is a penis enhancement tool.

    BUT, what does it say when a man buys a house with a large pointed turret and bathtub in the window as seen in Sherwood Farms?

  2. Anonymous

    Since when is sherwood farm low end. Also, does anyone look at the assessed price?

  3. Walt

    It means he doesn’t need a large car.