Some are just being delisted after their old listing expired, like
26 Stag Lane, asking $3.950 million. This was a good house, built by (the good) Richard Harris back in 2006, but I think, and he thought, he was lucky to get out of it in 2007 for $4.250 million. It’s down in a hollow, on a narrow, shared driveway, and is adjacent to the Merritt, so only the irrational exuberance of 2007 could have yielded that price.
As was demonstrated by the buyer, who lost it to foreclosure, and watched it sell to the present owner for $2.6 in 2013. Now that guy is trying for the 2007 price, assuming, I assume, that he got a bargain three years ago. My feelings on “bargains” is that you always end up paying exactly what something’s worth, if not more.
And the same status for 15 Wykham Hill Lane, back from the expired at $3.950 million. The listing says “custom built” and it was, by Hobbs, one of the finest, but back in 1996. It sold to this owner for $3.3 million in 2000, and he’s been trying to resell it since 2008, when he tried for $5.295. It’s been dropping ever since, and the last price before this, in November, was $3.995. The trouble with custom designs is just that: they’re custom, built around the owners’ tastes. The taste of this oner matched that of the people he bought it from but since then, no one’s showed up with the same esthetics. I happen to like it, but I’m not a buyer.