The market is continuing well beyond its normal summer hiatus
/Here are three properties reported pending this morning:
11 Simmons Lane ($8.895 million). One year on the market.
7 Ford Lane, Old Greenwich. ($5.7 million). 19 days on market.
1 Lismore Lane, $2.995 million,. This was on the market for 431 days, but that’s probably due to the owner’s stubborn refusal to drop far from his original price of $3.150. Either his patience has been rewarded or he conceded defeat; we’ll know when it closes. My guess is that, in this market, he got his price.