Plowed under

7 Plow Lane has sold for $3.6 million; its builder had sought $4.988 for full-year back in 2017 before giving up and bringing it back this May at $3.995. I would attribute its sale now less to the China Flu market and more to simply adjusting its price to fit reality.

New houses on Plow Lane have had a dismal performance record over the past 15 years. 11 Plow Lane sold new in 2006 for $4.775,018, then resold for $3.250 in 2017 and again this past June for $3.224 — no rebound so far.

6 Plow Lane sold, new, for $5.155 in 2017. I was asked for a price opinion on it last year and I came up with a figure of $3.5. So far the owner remains in place, but unless things change radically, I don’t see that original price resurfacing, for a long time.

There are nice houses here, but the lots were carved out of ledge and so they have limited utility. I’d say other mean things about the street, but I think the market has already spoken, eloquently.