44 Sound Beach Avenue Extension (NOPO) has an accepted offer after just 52 days on market, asking $775,000. That seems like a lot to me but I haven’t been keeping a close eye on this end of the market. A 1958 ranch that has had no improvements worth mentioning on its listing on a 10,000 square foot lot (it does have a full basement that looks to be bone dry). I had a listing on this street back in maybe 2005 or 2006 and we had a hard time selling it at $745,000. But here is this one, apparently selling for more than that. Good for the owner. I’ve long speculated what happens when the high end falls to the middle and squeezes the middle into the low. I’d guess that that would exert downward pressure on the bottom level, but perhaps there’s a floor.