Real Estate News with Merri Ann
Posted April 20, 2017 at 5:39 am by Tim Dustrude
Merri Ann Simonson shares this first quarter real estate report…
Merri Ann Simonson – Contributed photo
The first quarter results for San Juan Island were pretty exciting as the real estate dollar volume reflected an increase of 31% as compared to the same three month period in 2016; darn nice production for the start of the year.
The number of transactions reflected an increase of 30%. Overall, the County had a 23% increase in volume and 28% increase in the number of transactions.
Coldwell Banker San Juan Islands was up 49% as compared to last year same period.
The most obvious contributing factor to the healthy increase in volume is the volume attributed to the high-end sales. On San Juan, we had 5 sales close in the first quarter that were in excess of $1,000,000 each as compared to the 2 sales in 2016 for the same period.
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