This seems reasonable

30 Valleyood Road, Cos Cob, reports a contract after just 15 days, priced at $1.430 million.

Back in 2008, the then-owner priced it at $1.295 and got no takers: it was a perfectly nice, but tired old house, and wasn't worth close to that price. These sellers paid $753,000 for it in 2011 (a price that surely reflected the overreaching in the first place), fixed it up nicely, even added on a bit, and have been rewarded for their efforts.

I'm tempted to say that the moral here, in the case of that 2008 owner, is "don't be greedy", but it's more likely that the poor woman just listened the wrong agent.

(This strikes me as slightly obscene, but my beloved Uncle gary was a Freudian psychiatrist, so my reaction may be skewed — he would have enjoyed it, though).