Not a thing of import showing up as a transaction today but the one sale that was reported surprises me, a little:

14 Relay Place
14 Relay Place, a tiny old house on the Mill Pond in Cos Cob (off of Mead) was listed for $750,000 and sold for $705,000. I am the least likely person to denigrate the charms of Cos Cob, but this place suffers from a fair bit of NOISE FROM I-95and is in a condition that would make me want to invest in Home Depot stock. Plus, its assessment is just $495,000. But as any real estate agent will tell you, it’s all about location, location location and someone obviously felt that this location justified its price, God bless them.

409 W. Lyon Farm
On the other hand, one location that is rapidly losing its allure is Lyons farm. This unit at 409 was sold for $560,000 in 1996 and sold again, without improvements, for $915,000 in 2000. The seller this time listed it for $1.195 million in February, not a crazy idea, but it hasn’t sold and today it was marked down to $1.095. I’m just guessing, but it looks as though this may eventually sell at pre-2000 prices. Hmmm.