There’s a real estate reporter at Greenwich Time who’s heralding the “start of the spring market”, but he cites as evidence a handful of sales that were under contract long ago, so that’s not quite a sign of life. Nonetheless, the schools do resume Tuesday, and I think we can expect new listings to appear, as well as more transactions soon thereafter. In the meantime, here’s what’s gone down today:
Contingent contract: 155 Stanwch Road, asking $1.695 – it started at $1.995 million.
Sold: 36 Day Road (Banksville border), $3.8 million. Owners paid $4.9 for it in 2006 but interestingly, after one broker tried, and failed to sell it for a year, they returned to the agent who sold it to them in the first place, perhaps figuring that if she could find a sucker the first time, she could do it again, and after another year, one showed up. This far north, the market is pretty much a Bedford crowd, and there just aren’t that many buyers up there.
Or perhaps not a sucker – the selling agent is from out of town, so if she had a Bedford tax refugee as a client, this could make sense. If the poor sap’s from out-of-town but not out-of-state, well, ….
8 Willow Road, Riverside, sold for $3,462,500, on an assigning price of $4.095.
And – hooray! 212 Taconic Road has sale pending, (final) asking price, $3.595 million. Owners paid $4.9 for it in 2008 and have had it up for sale for quite awhile, so I’m sure this comes as a relief, regardless of price.