Two sales: 27 Bible Street, $522,000 and 137 Milbank, $3.385 million. Bible has two very small bedrooms an an 0.06 – acre yard, but it looks tidy. Milbank looks like Milbank – asked $4.395 million originally but that was obviously overly aggressive. Still a hefty sale, though.
Accepted offer: 7 Ford Lane, Old Greenwich. Last sold for $4.450 million in 2003, asked and, given its short time on the market, probably is getting, $5.495 this time. Wow.
Price reduction: 18 Porchuck Road, from $9.5 million to $6.9 in one swell foop. Wow again – this was probably a much more attractive place when it was built in 1929 before the Merritt came through.
And new listings include yet another Hearthstone building lot, this time #24 and also asking $1.4 million. That’s what these lots have been selling for so you can’t fault the pricing but I wonder whether the music will stop for homeowners when they run out of builders or whether the entire inventory of existing homes here will go?
47 Round Hill Road is back as a new listing – it expired unsold three days ago at $7.995 million so they’re asking $8.195 now. You snooze, you loose, buster.