We're not in 2006 anymore

35 Beechroft Road dropped its price to $4.5 million today. It was purchased for $4.995 in 2006 and put back up for sale year ago January at $5.385, with the result you see today.

To my taste, the house is pretty plain-vanilla, and I can understand why it’s not setting off a buyers stampede, but it still provides another example of the mid-country’s failure to regain the prices of 13 years ago. In fact, I’m beginning to wonder if it ever will.