While I was away ...

Another sale in the Mimosa Drive area was reported: 9 Serenity Lane, listed at $3.150 million, sold for $3.760. The original 1965-69 spec houses in this neck of Cos Cob are all being replaced or greatly expanded and renovated, and prices reflect that. As I pointed out to a commenter wondering at the huge price just achieved on Benenson, the houses mostly sit on an acre apiece, the streets enjoy low-traffic and are quiet, and the houses are filled with young families, all of which makes for a very nice neighborhood. All that said, this was a huge number over ask, and I’m surprised by what it reveals about the market demand right now.