Price, or Wu Hu Flu?

475 Stanwich Road, asking $2.350 million, has contract after just 9 days. It sat, unloved and unsold, from May 2018 through August 2019, priced originally at $2.950 but dropping slowly all the way to $2.3 without result.

So can we hope that NYC flu refugees are beginning to flee to the suburbs and snapping up previously-unwanted properties, or is this just sign that a well-priced home, and $2.350 seems like a good price for this house, will find a buyer?

Maybe a little of both.

(On Wednesday Reader “Transplant” provided this link to a NYT article on the movement out of the city. Interesting read, in case you missed it in the comments section)