The previous post notwithstanding, it' s still possible to overprice your listing
/Case in point, 9 Walnut Street, Cos Cob. Owner paid $1.020 million for it in July, tore down the existing house, leaving a one-bedroom cottage, and put it back up for sale in October at $1.575 million. Apparently other builders haven’t shared the owner’s belief that he’d lucked into a prime, underpriced building lot, because today that price was dropped to $1.495.
Keep going.