The activity's still all in the low end

6 Stallion Trail

While the death of the Greenwich real estate market may have been exaggerated, what life it has is mostly centered around the bottom quintile of the price range. Case in point is today's sole pending contract (so far), 6 Stallion Trail, asking $1.295 million. Certainly no one's idea of the perfect street, and 1980s architecture hasn't improved since it was first unleashed on the world, but at this price, it's no surprise that it's gone so quickly after the owner gave up and dropped to this price.

He paid $850,000 for it in 1990, and has had it on the market since 2013, when it debuted at the relatively modest price of $1.750 million; even that proved too high for this location, this house, but $1.295? Sure