Buyers are swarming – my pal Frank and I have a ton of them, all looking for – surprise! – bargains. In the meantime, sellers are maybe getting a tad more realistic, slowly. As they do, we’ll start seeing sales.
This house, on the Stamford border but still in Greenwich, asked $5.3 million back in 2002 and sold for $4.3 that November (over-pricing is not a new phenomenon in Greenwich). Back on the market at below 2002 prices, asking $4.2.