52 Pecksland Road, a smallish, 3 bedroom, 2 bath house on an acre, sold for $3.495 million in November 2005, right at the height of the market. I suspect that a 3 bedroom house, even on Pecksland, won’t be fetching that kind of moeny again for awhile but the new owners were more optimistic than I and listed it this past September for $3.995. Wrong move.
But now it’s down to $3.1 million. That may still not move it but for those skeptical readers who didn’t like my suggestion that people rent, rather than buy, here’s one couple that probably wishes it had.