49 North Stanwich, five acres way up off Taconic, dropped from $5.2 million to $2.9 and is under contract today. I’m guessing it will sell for close to its appraised value (70% 2005 market value) of $2.5.
30 Crescent has not sold yet, but its owners cut its price today to $1.650 – they paid $1.760 for it in 2004, in a bidding war. Wrong move.
19 Knoll Street cut its price from $1.795 (2008) to $1.495 and has a contract. Two years to figure that out?