Gonzalez, Crawford, and Allen all bought homes that, while pricey, were not at the very top of the market in Wellesley and Weston, towns with some of the highest prices in the state and where homes selling for more than $1 million hardly raise an eyebrow.
While Gonzalez didn’t obtain the nearly $4.6 million he was originally seeking in Weston, the final sale price was about $100,000 above what he paid in 2011, according to real estate records at the Middlesex South Registry.
Schilling, by contrast, faces a much steeper challenge.
He first put his Medfield estate on the market for $8 million in 2008, and pulled it back a year later after knocking down the price to $4.5 million, according to Multiple Listing Service records.
Schilling put his home back on the market in September for $3.45 million, and recently dropped the price again, to $3.2 million, Landmark Residential principal Sonis said.
The house is far from sitting idle, Sonis said. She said she is fielding a range of inquiries, from out-of-state buyers looking for a Boston-area compound with some privacy to local people lured by the tennis court and other sports amenities, which are harder to find in more densely built Newton and Wellesley.
The price cut of roughly $250,000 has also helped perk up interest, she said.
Still, even the reduced asking price for Schilling’s compound would leave it as the most expensive property in Medfield; its closest rival is a $2.4 million sale in 2005, at the peak of the real estate market, according to MLS.
“Schilling has clearly overshot the market,” LandVest’s Maitland said.
However, Sonis said it’s not usual for a community to have one property that is much more expensive than the others in town, and pointed to the sale of a Weston mansion a few years ago for more than $12 million, a figure that no other sale has come close to matching, she said.
“I don’t see that as a problem,” she said.
It can take longer to sell such “unique properties,” with the real estate market as a whole having struggled over the past few years, according to Sonis.
Better news for sellers may be on the way, with transactions for properties costing $2 million and up reportedly starting to pick up again.
Sales of homes over $2 million in Middlesex County jumped 65 percent last year over 2011. The 127 mansions sold last year broke the previous record of 126, set in 2007, noted Stewart Young, regional manager for LandVest.
“It’s a good time to be traded,” Maitland quipped.
Scott Van Voorhis can be reached at firstname.lastname@example.org.