Quick sale in Cos Cob

7 Loughlin.jpg

7 Loughlin Avenue, $1.3 million. It came on at $1.295, but went a tad higher. That's not too surprising, because Loughlin's a good street and, for this price, No. 7's a very decent house. 

It might be worth pointing out that the sellers priced this at $1.795 back in 2013, slowly dropped it to $1.195, and couldn't attract a buyer, so they pulled it that year. My guess is that that initial overpricing hurt its chances. This time around, they hit the sweet spot.