The (just) under $2 mm market seems to be doing okay

12 Dingletown Road

12 Dingletown Road asked for $1.950 million, sold for $1.9, (April) contract in 70 days. Sellers bought it for $1.850 in 2003, but at least it didn’t lose value over the past 16 years; a lot of homes in Greenwich have.

9 Glen Avon

9 Glen Avon sold, full price, for $1.995 million after just 5 days on the market. Not quite my idea of the world’s best architecture, but Glen Avon is a very well located street and the house itself is up-to-date and clean. For under $2 in Riverside, I’m not surprised that it went so quickly.

And if there’s a common theme here, it is that both properties were well priced by their agents and owners. They might have stretched for, say, the mid-$2s, but would probably have ended up here anyway, or lower, a year from now.