And another COVID-market sale

After 1,074 days of trying, 19 Witherell Drive has sold for $4.2 million. It’s a beautiful, 1910 home in a great setting. These sellers paid $5 million for it in 2012, put some real money into renovations, and put it back up for sale in 2017 at $5.795, which probably represented a loss even then.

We’re seeing a huge amount of sales activity, though so far, not many sellers seem to be making obscene profits. But they are getting rid of homes they no longer want; pre-COVID, that was often hard to do.