39 Boulder Brook
What's a house worth?
You can't tell from this listing.It was priced at $8.595 million when first listed in April 2008 and today was reduced to $5.298. This kind of thing does not instill confidence in buyers, in either Realtors' acumen or the stability of the market.
As an aside, some other new construction on the same street, #33, was priced at $6.875 when it came on this past February and still sits unsold today at $6.575. At least someone's sticking to his guns but 33's failure to sell kind of hints at what I and the marketplace think of #39's original price.