My advice, in the unlikely event you should ask, is to use this current hot market as an opportunity to sell your house, rather than raise its price

188 Round.jpg

188 Round Hill Road, which expired unsold in October ‘19 while asking $8.750, is now back on the market at $9.5. Very nice 11-acre parcel, with a house on it that was last updated in 2012. The owners have tried to sell it many times over the years, beginning in 2008 when they started at $18 million. They obviously would like to be rid of it, so I think raising the price is a mistake; we’ll see.

If I were a buyer looking at this property I’d notice that the sellers were willing to sell for $8.750 before, and ask myself why I’d offer $750,000 more than that now. Unless, of course, this market has turned up multiple buyers interested in houses in this price range, in which case. maybe ai would; demand establishes price, not past history. But I’m going to guess that we won’t see this sell, whenever it does, at a price higher than that $8.750, and probably for less.