We can't all be winners in real estate, but we can always receive a participation trophy

10 Copper Beech Rd

10 Copper Beech Road, purchased new in 2008 for $8.050 million in 2008 and up for resale since April, is pending at $6.950. That 2008 purchase probably seemed like a good deal at the time because its sister home at No. 8 Copper Beech, also built by Aberdeen, had sold just before the market collapsed in 2007 for $9.495.

Number 8 was sold again in 2010 (by FWIW's favorite repeat drunken driver offender, Shari Lampert, who's due in court Thursday to answer to her latest charges, including violation of probation) for $6.970. I assume this last asking price for No. 10 came from that sale. 

5 Palmer Terrace

The lower end of the market, especially in Riverside, is still yielding trophies for sellers, however, as evidenced by 5 Palmer Terrace (off Summit) which is also pending, albeit at $1.695 million. 56 days on the market vs 223 for Copper Beech, and no million-dollar loss, either - far from it.