SJI Real Estate Market Summary
Posted July 28, 2014 at 5:25 am by Tim Dustrude
Merri Ann Simonson
Here’s Merri Ann Simonson with this quarter’s summary…
The second quarter results which complete the first half of the year for San Juan Island were very exciting as the real estate dollar volume reflected an increase of 95% over the same period in 2013. The number of transactions was also up 62%.
Overall, San Juan County’s volume was up 69% with 269 transactions in the first half of 2014, as compared to 187 in 2013 or a 44% increase. Shaw and the outer non-ferry serviced islands dollar volume led the group of islands with a increase of 105%, San Juan followed with a 95% increase, Orcas with a 79% increase, and Lopez was actually down 33%. The majority of the increase for Shaw and the outer islands was one transaction that closed at $1.9M, which was a waterfront home that sold to a neighbor on Shaw.
Click here for the full report (PDF)
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