Bidding wars
/18 Brookside Park. Listed at $4.250, sold this morning for $4.630 million. Houlihan’s Joy Kim Metalios listing.
78 Baldwin Farms S. is pending after 8 days on the market. It was priced at $4.595 million, but “pending” — no contingencies, or all contingencies met (usually the former, but not always) — signals multiple bids, with an above-ask winning offer.
86 Lockwood Road, Riverside, priced at $6.3 million, pending after 6 days, and going for far more than was asked. I thought it was dreadfully decorated, and said so, but did concede that there are a lot of buyers with Bloomingdale taste prowling the market, and so didn’t rule out it finding a buyer. Gideon toured it, thought it magnificent, and predicted an immediate, above-ask sale; he was right.
Personally, I think he’s spent too much time with the reconstituted membership of the Riverside Yacht Club, but I suppose some sacrifices must be made to get to know your customer.
UPDATE: As an aside, although our zoning regs allow a swimming pool to be secured by placing fencing around the perimeter of a property, I always worry about setups like this — they’re okay if any children with access to it know how to swim, but toddlers belonging to the owners or visitors can escape from the house unnoticed and topple in. Just my two cents.