I’m not fixated on Riverside and Old Greenwich (in fact, I just emailed a new listing in the mid-country to a client) but the reported sales seem to be coming from those neighborhoods so that’s the news you get. This sale on Colonial Lane in Riverside is illustrative, I think. It just sold for $1.510 which is not a bad price at all. Colonial is a small dead end with almost identical houses built between 1958 and 1960. Easy walk to the schools and the train and a nice street, all in all. In 2002, number 4 Colonial sold for $1.2 million. In 2004, number 7 (remember, these houses are so close to identical that I don’t think any adjustments are necessary) sold in 10 days for $1.625. In 2005, after 7 DOM, number 15 fetched $1.960 million. Nothing since, except for a sale in the low 2′s last year, but that house had been renovated and expanded. So again, 2003 is looking like a benchmark.