On the other hand, demand for homes in the peanut gallery range is still robust

So robust, in fact, that the owner of 318 Valley Road, Cos Cob, has raised his price by $100,000 to $2.150 million, presumably in response to multiple offers at or above his original price of $2.050.

I don’t know why, if that’s the case, he doesn’t just go to a sealed bid. “highest and best” auction, but the owner’s a real estate agent himself, so he must have his reasons.