Of course, the right price is still required in all markets, regardless of a market’s temperature.

The owners of 1 North Street paid $3 million for it in 2003, upgraded its mechanicals, and placed it back up for sale in 2016, priced at $4.2. This proved ill-advised, and the house refused to sell over the ensuing years, even as its price dropped, slowly, to $3.4 before the listing expired in May, 2019.

It’s back today, priced at $3.095, and the combination of an improved market and a more appropriate price may finally flush out a buyer.

It never hurts to be realistic.