And just to prove the previous post wrong immediately
/15 Sherwood Farm Lane’s listing at $2.575 in April and the owners followed their usual practice of renting it out for the summer ($25,000 per month). They brought it back on at $2.795 eleven days ago at $2.795 and it already has a contract. Mind you, we don’t know the final selling price, but obviously marking it up from its last-asked price didn’t hurt it. So who knows, maybe this market really is different.
The owners paid $3.450 for it in 2004 and have been trying to sell it since 2011, when they started at $4.550, so that’s not good, but they have rented it out almost every summer since at monthly rentals ranging from $20,000 — $30,000, so they haven’t been hurt too badly.