16 Hendrie Avenue, new construction, September contract, sells for $4.1 million. There have been sales at this price on this busy, hectic street before so this is by no means unprecedented, but Riverside buyers seem a bit tetched, to me.
Regardless of my opinion, new construction prices in Riverside are back to the 2007 bubble level. Will they continue to climb? I wouldn’t think so but I stand ready and willing to sell such a house to anyone who disagrees.