Back again, at a (hardly) improved price

25 Wooddale Road, which expired unsold last July at $8.4 million, is back with a new broker and a new price of $7.9. Well, maybe. It’s certainly a nice house, in a decent location, and it did sell back when it was new for $8.2 million in 2010. These would-be sellers paid $7,778, 510 (?) for it in 2015, and while that doesn’t explain the $8.4 price, it’s understandable that they’d like to get close to that number this time.

Unfortunately, this place seems more or less indistinguishable from most of the other 61 homes currently for sale in the $4.5 million-$8.5 range, and many of those have already been marked down millions of dollars. Welcome to the glut.