This 2008 spec house has dropped its price again, down now to $5.495 from an original ask of $6.875 million. And that’s good, but the trouble lies with the recent sale of another equally nice if not better spec house on 9 Boulder Brook that sold for $4.4 million, from an original price of $7.245.
I would think that a buyer or an appraiser will look to see recent comps and land on #9 as the perfect match. In which case, #33 has another million to drop. That, plus the presence of a couple of houses in foreclosure on the street, spells trouble.