3 Vista in Old Greenwich cut from $3.995 to $3.495. That’s an improvement but why is it being cut now, after so many buyers have settled on something else? Buyers grow tired of bidding on unrealistically-priced houses, so they don’t.
28 Loading Rock, NoPo Riverside, sold for $2.050. That’s after 18 months, when it started at $2.895 million. This is a good house, nice location overlooking the Mianus. In fact, I think it hurts 7 Mulberry in Cos Cob, which I also liked, because unlike Mulberry, this one has no traffic noise. This one’s gone now, of course, but if I were to use it as a comparable, I might discount Mulberry for its location (although Mulberry is the finer house, in my opinion).
10 Pleasant View, adjacent to Havemeyer, sold for $820,000 ($870,000 ask). Not much of a house (not much of a price, for Greenwich) but amazingly enough – in fact, unheard of in the annals of real estate development names, it really does enjoy a pleasant view of the Ed Schongalla woods.