What’s Happening in the Neighborhood: Polpis

There were only 7 property sales in Polpis in 2012 with an average price of $5,119,714.  The median price was $2,250,000.  There were 2 sales of vacant land and 5 residential sales.  The average days on the market was 157, roughly half as long as the market as a whole (300 days).  The least expensive sale was 25 North Pasture Lane, a .95 acre vacant lot with distant water views in an area of large, established homes.  The most expensive sale, and somewhat of a statistical anomaly, was the sale of 243 Polpis Road to conservation groups for $19,000,000.  The property had over 220 acres in the Middle Moors and various groups had been trying to buy it for decades.

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