Believe it or not, it's not the most expensive home PSF in the neighborhood. I think it's a bit overpriced but given the desirability of the area, I think it's slightly overpriced. The comps support it. I think the owners expect to come down in price during negotiations. Buyers are expecting a bargain in this market and they may have been told by their Realtor to price higher so they can have some room to negotiate.
Nothing I can see from the photos stick out! I think you're right in that this one will sit for a while. That is unless someone makes an offer in the $129 - $135 range, their REALTOR convinces them it's a good offer and they take it.