And another Riverside contract

15 Terrace Avenue, which was asking $3.295 million. Given the short time between listing and signed contract — 14 days, — it won’t surprise me if it’s selling for above-ask.

These owners are doing well, regardless, because they paid $2.865 in 2018, but the original builder in 2016 must have had his initial expectations dashed when the market rejected his original price of $3.795. That didn’t work out — what gets into builders’ heads? — and he had to rent it out for a year before bringing it back on in 2017 at $3.5.