Back to the future
/180 Stanwich Road, which sold for $1.950 in 2001 and (after just 11 days on the market) $2.6 million in 2005, has now been on the market since 2014, when it started at $2.750. Today it dropped to $2.195, which, assuming normal negations, means it is back to that 2001 price, or lower.
I like this house, a lot: the market doesn't.
And one street over, 137 Clapboard Ridge Road, which sold for $3.1 million in 2004, is, as of today, priced at $2.595. The house has been on the market for a full year, priced at $2.750 and never dropping despite the lack of interest of the buying public. The owner/seller is a real estate agent representing herself, which probably explains her defiance in the face of reality.