Well dang, it didn't work

Ranch living in rock ridge

Ranch living in rock ridge

Back in October I commented on the contrarian marketing scheme of the owners of 6 Meadow Drive who, after their listing had expired unsold at $2.499 million, raised the price to $2.6. I said at the time,

There are those who might question a strategy of raising the price of a product that isn’t selling, especially when on the cusp of the market’s dormant period, but this poor house has been kicking around for five years now without success, so why not be daring and try something else?

Better buy it now, or it’ll cost you even more in the Spring.

Apparently no one heeded my warning about a still-higher price coming in spring and it’s a good thing they didn’t; price was dropped to $2.350 today.