Rumblings in the elephants' graveyard

Some long-time residents of the unwanted list are adjusting their prices, again.

329 Stanwich Road

329 Stanwich Road has been marked down to $2.450 million, down from its 2015 price of $3.275.

Sherwood Farm

15 Sherwood Farm Lane, down to $2.575. It’s sort of a back-handed compliment to this house to note that, while it has not been able to find a buyer in nine years, it has a history of renting quickly, at an average price of about $25,000. So plenty of people seem to want to live here, they just don’t want to own it.

(HUGE update: prompted by a couple of readers’ questions, I looked more closely at the previous rentals for this property and saw, as I should have originally, that they were summer rentals. An entirely different kettle of fish. If you’ve already contracted to buy the house based on my error, I apologize.)

25 Selden Lane

And then there’s 25 Selden Lane, $1.899 million. This property, despite comprising two separate building lots in its 7.7 acres, simply won’t sell: not at the $7.5 it asked in 2008, and not at any of the successively lower prices since then. Maybe this cut will do the trick.