
6 Plow Lane, Greenwich (off Old Church Rd) closes at $5,155,000, one of 17 such closings in this price category so far this year.
List: Joan Epand
Sell: Bryan Tunney
For the entire year of 2016, 17 properties priced between $5M and $6M closed. For this year, I predict 30+.
So things are looking good, and yes, I know there are endless reasons why they shouldn’t be, but perhaps, as with the stock market, real estate climbs on a wall of worry? Who knows.
It started out at $6.25 and sold for something over $5MM. What this tells me is that $6MM houses are going for $5MM and $5MM houses will likely go in the 4s. Typical pancaking
Anon:
It ain’t so. See next post, coming out soon!
Is it soon yet?
Cause:
By golly, yes!
When is soon?