Oh, make up your mind!

The owners of 20 Center Road, Old Greenwich bought it for $2,260,250 (on an asking price of $2.369 million) on January 31 of this year, and put it back on the market two weeks ago on July 12, priced at $2.3; it’s already under contract. The speed with which it disappeared suggests that it will be going for more than was asked, though it will take quite a premium to come out whole after deducting transaction costs of, say, 7% (or higher).

A quick search of active listings in the Old Greenwich School district shows why this house sold so quickly: there’s nothing available.

And would-be buyers in Riverside are in an even less enviable position. Yesterday, I received an inquiry from another agent, asking whether former clients of mine might be interested in selling a house in Riverside that they’d bought 8 years ago (and do you know how impressed I was that the agent directed her inquiry to me, rather than approaching the owners directly in the hope of scoring a double-commission? A real professional, and she’s earned a lifetime supporter here). So I looked up the current Riverside inventory within the Riverside School district and found just five houses; in fact, Oval Avenue’s already gone, so there now there are only four.