Dammit, hate when this happens; just when I thought I had it all figured out, i.e. “Riverside’s prices are back where they were at the peak”, along comes the example of 35 Bramble Lane.
I’ve included, on the above link, the listing from July 2008 that sold for $1,480,000 and the one reported today, which shows a sale price of $1,250,000. That’s about a 15 1/2% decline which, in the rest of the town, is nothing unusual, but for Riverside is a surprise.
Two things that might explain some of that price difference, the house was shown vacant this time, almost always a negative, and was put on the market in the fall, as opposed to the (superior) winter-spring market the last time.