It seems that the 2008-2019 slump is over

375 Stanwich Road has sold for $4.1 million, which makes the owners part of that rare crowd that has the fortune to buy low and sell high. They bought the house for $2.6 million in 2013 from a seller who’d paid $3.150 in ‘07. Timing is everything.

And speaking of time, listing agent John Bates wasted none of it when adjusting this one’s price: he held the first broker open house tour on September 2nd when the property was priced at $4.5 million. John must have listened to feedback from his fellow agents (we’re actually a quite cooperative bunch) because he dropped that price to $4.2 two days later, and a buyer (NYC Zip 10065) appeared almost immediately thereafter. Smart guy, that John.