“But Gid”, I hear you say, “give the chaps a break, it’s a tough market!”. Oh really? Then how do you explain all these easy sales of specs in the last six months? And they’re all in the vicinity of the three that won’t sell!
74 Park Avenue, Old Greenwich $4,850,000 ask, deal is pending
105 Shore Road, Old Greenwich closed $4,825,000.
12 Long View Avenue, Riverside closed $3,900,000.
25 Lockwood Avenue, Old Greenwich closed $4,150,000.
11 Potter Drive, Old Greenwich $2,895,000 ask, deal is pending
6 Lockwood Drive, Old Greenwich closed $3,697,000.
9 Crescent Road, Riverside closed $3,140,000.
29 Winthrop Drive, Riverside closed $4,075,000.
Conclusion: if your spec house won’t sell in this market, guess whose fault it is!