New listing in Old Greenwich

11 Park Avenue, $4.295 million. Completed in December, 2024, it sold (Gideon, listing agent) the next month for $1.960 million. Those purchasers, in turn, tried for $2.895 million in 2008 and — far different market than the boom years of 2002-2007 — finally sold it for $2.350 in 2013. Park Avenue is parallel to and the moral equivalent of Highview where everything’s been going for far above ask, and the current market is hotter than even the boom of 2002-’07, so I don’t expect this one to linger on the market for five years as it did last time.