A couple of new ones to see but otherwise, repeats. Martin Luther Kingdom Day comes this Monday, I think, and in the past that has marked the kickoff for the spring season. I’m hopeful that this year will prove no exception and that we’ll begin to see new inventory next week.
One house that’s not on the tour but does report a price cut to $1.395 million today is 90 Buckfield Lane, a 1987 home that sold new back then for $845,000 and five years later for $735,000. This time it started at $1.995, with the result we see today. I’m not criticizing this house: by all appearances it seems like a perfectly nice example of 1987 construction and if it were somewhere closer to town would probably have sold by now. But Buckfield is in nosebleed territory, and homes up there aren’t moving with alacrity. At some price, someone will be willing to make that commute: I’ll be curious to see what that price is.