Curious moments in price strategerizing

26 Shady Lane, over in Glenville, spent 190 days between August ‘24 and March ‘25 looking for a buyer at $3.2 million; it didn’t find one, and the listing expired.

The owners fired that broker and hired a new one, and the property then sat for another 287 days from May ‘25 through February ‘26 at, first, $2.790 million and eventually $2.660. Another broker bit the dust, a replacement found, and despite the failure to sell at $2.660, the price was raised, and the house went back on the market at $2.690. Today a “price adjustment” was made and a full ten thousand dollars was shaved off that number; the house can now be yours for $2.680 million.

A 1900 mansion, stripped of most of its original land, and although it retains glimpses of its former grandeur, it looks mostly like a money pit; potential buys obviously agree with that assessment, so I’d think further price cuts are in order.