This new listing caught the attention of readers as far away as Miami

3 North Stanwich Road, $6.150 million

Well, at least one of them, anyway, a former client, still friend, who departed for a more hospitable fiscal climate some years ago. He sent me the link to 3 North Stanwich Road which hit the market yesterday at $6.175, along with this comment:

Hi Chris -- this is getting really amusing, totally calling the top here :) 

Is this basically the ultimate Greenwich flip this time around: https://www.zillow.com/homedetails/3-Stanwich-Rd-Greenwich-CT-06831/2063357923_zpid/
Put a coat of paint, change the listing address and bam! I'm pretty sure this had sold 3 and some change last Nov. Totally dont get it...

Is my friend right? Have we reached the apex of the current market? Well, the house did indeed sell as 842 North Street for $3.1 million last September, and while I haven’t seen the “complete interior renovation” that’s claimed in this new listing, I’ll confess that I’m not seeing $3.075 million in improvements based on its exterior. But maybe the new gold bidets and toilet paper holders add that value — we’ll have to await the judgement of NYC buyers.

842 North Street, $3.1 million