A bit of activity, listings are here.
8 Durkin Place, Riverside, sold for $1.2 million. I’ve written about this property several times, always approvingly, and my only disappointment is that I couldn’t find a buyer for it. Good location, great price.
5 Bridle Path, also Riverside, but waterfront, sold for $5.975 million. With almost no huffing and puffing, the guy who paid $5.599 for it just this past August managed to flip it at a nice profit. Well done.
12 Anjim, off lower Stanwich, asked $1.250 and has an accepted off after 43 days. Have we discussed the shortage of inventory lately?
961 North Street has decided to depart from normal industry practice and has raised, rather than lower its price even in the face of determined consumer rejection. Built in 2002 and priced back then for $7.995, without success, it’s floated on and off the market since then. Last year the owner apparently decided to give buyers exactly one year to step up at $5.695 before he jacked up the price. The year has come and gone and you missed your chance. What you could have bought yesterday for $5.695 will now set you back $5.995 – oh, foolish you for waiting!
And bringing up the rear, 516 Round Hill Road is back, renamed 518 Round Hill Road and with new broker, but with the same price that hadn’t attracted a buyer as of yesterday. This was a Patriot deal gone bad (redundant, I know), and after foreclosure it came on last year at $8.9 million, dropping to $8.3 this past September. The market showed a marked lack of interest so the owner blamed his broker, fired her and hired a new one. That should do the trick, don’t you think?