This looks like a miracle in the post-frenzy era, so how do you use it for a logical comp? This is a cautionary tale for the buyers looking at the house for sale up the street. It will be likely that someone will see my high sale closed and just go grab the other one without much thought as to the actual value.

And this was Buyer #2, after the cash buyer blew out after two days.

I mis-spoke about the original list price. It was $1,600,000

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Jim the Realtor
Jim is a long-time local realtor who comments daily here on his blog, bubbleinfo.com which began in September, 2005. Stick around!

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