Anatomy of a Deal
Anatomy of a Deal-Here is one that just closed last week. Previously purchased in October of 2007 for $725,000 and sold last week for $485,000. MLS # 35544. This and similar sales are setting the bottom threshold of our local market as we are seeing a turnaround in Real Estate investments across the San Juan Islands. These sales mark the beginning of a new era as savvy investors are coming back into the local market. Our sales are up considerably from the year before and with the hot market going on in Seattle the lag time for this market is usually 6 months to a year. Timing is everything.