Depending on how much over ask it gets, this one I understand

108 Orchard Street, Cos Cob, listed at $1.975 million 12 days ago, and reports fully-executed contracts today. Given what I’m seeing houses trading for in this market, this price doesn’t shock me. Quite a difference since these owners paid $831,000 for a then-1,108 sq. ft. home in 2016, kept the foundation, and built a new, 2,802 house. Nice place, and if the owners are making a tidy profit, well, more power to them.