15 Delwood (off of Church Street), $4.2 million. Built new a few years ago, it sold in September 2010 for $4.1 million. These sellers clearly lavished some serious money and care over the past two years making this house their own, and the result was superb. I had clients who bid successfully on it but then decided in favor of a house with more land – this one has almost none. But it does have convenience to town going for it and, as noted, it’s a truly exceptional home. I know what we bid, and $4.2 doesn’t surprise me in the least. Those clients and I spent a lot of time looking at the $4 to $5+ million inventory this year and this one, as well as the one they eventually bought, were the benchmarks for comparative value. There are a lot of houses on the market now asking over $5 million that don’t come close.
That’s just my opinion, of course, and that of my clients and these buyers, whoever they are. The owners of those more expensive houses must disagree, but their failure to sell suggests that they’re wrong.