On the other hand, and as someone just pointed out to me, it is still possible to overprice a house, even in this market

84 Meadow Road in Riverside, priced at $4.5 million, has lingered in our miniscule inventory for 56 days now (the listing broker’s website says 21 days, but that’s why we know tham as Hooligans & Lawyers), with no price cut and no buyers.

Meadow is one of the most attractive streets in Greenwich, let alone Riverside, and this property comprises 1.1 acrs in the R-20 zone, so what’s holding it back? It’s old — 1923 — and dated, but that shouldn’t be insurmountable. Why isn’t it selling? Especially in Greenwich, but in almost every real estate market, the answer to that is simple: price.