Presented By Devin Sanford Homes. 2020 Surprisingly off to a Great Start. People Still Need to Buy and Sell Properties. First Quarter Emotional yet Surpasses 2019…

January Generates Two Sales…

	Model	Square Footage	NWMLS Number	Original Asking Price	Asking Price when Sold	Final Sale Price	Days on Market	Remarks
1	Chelan	1300	1521317	$549,950	$530,000	$527,500	74
2	Orchard	1436	1548611	$652,900	$652,900	$652,900	2	Attached on two sides

The Elephant Representing SELLERS

The Pachyderm produced the first closing of 2020, setting an all-time high pricing record for an attached Orchard floor plan, bringing 100% of asking price in two days. The Chelan was listed by discount brokers and brought 95.92% of the asking price in 74 days.

February Finishes with Eight Sales…

	Model	Square Footage	NWMLS Number	Original Asking Price	Asking Price when Sold	Final Sale Price	Days on Market	Remarks
1	Sammamish	1640	1523353	$615,979	$615,979	$615,979	110	231^st Lane
2	Vashon	1612	1569336			$630,000	0	Sold-Unlisted
3	Discovery	1350	1556451	$648,000	$648,000	$648,000	4	Stand Alone Home
4	Vashon	1575	1543948	$739,000	$739,000	$730,000	26	Division 6
5	Whidbey	1671	1551878	$789,000	$779,000	$779,000	9	Highly Upgrades!
6	Bainbridge	1870	1554958	$829,000	$829,000	$839,000	1	Sunbreak Way
7	Nice	1960	1550154	$889,000	$889,000	$889,000	3	Rare Find Home.
8	Oakwood	2827	1549545	$1,338,000	$1,338,000	$1,340,000	3	11^th Fairway!

It was a very good February, doubling last year’s four sales, and there was a nice spread in price range. If you’re curious, a “Sold-Unlisted” property is just that; an arrangement between a Buyer and a Seller, conducted through their individual Brokers, hopefully by the rules. The home is not listed on the Northwest Multiple Listing Service for other Brokers to show or compete. However, the sale is reported for statistical tracking, after the close of Escrow.

March Manages 10 Sales…

	Model	Square Footage	NWMLS Number	Original Asking Price	Asking Price when Sold	Final Sale Price	Days on Market	Remarks
1	Chelan	1300	1566291	$499,950	$499,950	$505,000	0	Mahonia Place
2	Discovery	1350	1566291	$619,950	$619,950	$627,500	2	Greenbelt Home Site
3	Vashon	1611	1561300	$725,000	$725,000	$727,000	12	Interior Lot
4	Whidbey	1670	1555046	$765,500	$765,500	$765,500	6	Lovely Territorial View
5	Madison	1810	1550094	$799,900	$799,900	$779,900	30	Stand Alone below wall
6	Bainbridge	1870	1568434	$849,000	$849,000	$849,000	1	Super Close to Club
7	Hemlock	2310	1559097	$929,950	$929,950	$929,950	3	Served both Parties.
8	Hemlock	2300	1566776	$985,000	$965,000	$955,000	15	Sunbreak Way
9	Maple	2520	1558314	$998,000	$998,000	$998,000	3	Cul-de-Sac, Greenbelt
10	Maple	2370	1575936	$1,128,000	$1,128,000	$1,128,000	1	Golf Course, Pond View

The Elephant Representing BUYERS & SELLERS!

Of course, January started off slow as not many homes go into Escrow during November and December. February and the Ides of March changed the story. Again, there was a nice spread of prices ranging from just over $500K to well over the Million Dollar mark for a pleasing golf course home and location near the club. I like to see nice transitional step up from sale number one to sale number 10, with no big gap in-between. It shows a healthy market vs. sales of primarily the entry level homes or those priced for the seemingly wealthy. Everyone gets what they want. Most of us live in the heart of the boulevard. Last year, we had more of the top and bottom which created a rocky middle of the road for some.

Elephant Observations

Rocky Road was mentioned earlier. Maybe there’s a reason that it’s my favorite flavor of ice cream. I seem to be at my best when times are the hardest. Many of you are the same. We get creative, think outside the box and make it happen; more yet, we help those in need. It’s been said, “success happens when preparation and opportunity cross paths.” Perhaps, this whole thing is part of my big move to Compass and there was a bigger picture than I imagined. “Home” has never meant so much to us and Compass has provided me excellent tools to assist you in getting from one to the next safely. If you had plans, there’s no need to cancel them. Keep your trunk up! Elephants can carry a heavy load. In the meantime, stay positive, stay healthy and stay “Home”.

A Recap of 2020 Month over Month Statistics:

	Jan.	Feb.	Mar.	April	May	June	July	Aug.	Sept.	Oct.	Nov.	Dec.	YTD
$old	2	8	10										30
Pending	7	8	7
Active	9	6	7
$old D.O.M.	38	19	7
Active D.O.M.	63	46	73

That’s a wrap for 25% of the year. Let’s keep that 2020 Vision! Thanks for reading. We appreciate it.

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DEVIN SANFORD