It's not in free fall, but the market continues to disappoint

23 laurel Lane.jpg

The owners of 23 Laurel Lane, mid country, paid $2.080 million for it in January, 2014 and in the ensuing years put in a new kitchen, aded central air, repainted and redecorated the interior and really cleared up/opened the yard. They did a very nice job, and listed it this past September for $2.395, which seemed to me, at the time, like a reasonable price.

It closed yesterday for $1.950 million. Again, I’d say that the new owners got a great deal, but will I say the same thing in 2003? Stay tuned.