Interesting sale here...the sellers purchased this home on March 24, 2009 for $275,000 and put down 20%. They put the home back on the market on September 17th, 2009 at $300,000.
The home just sold for $290,000 to a cash buyer. After all of the closing costs both in the purchase and the sale, the sellers probably lost $20,000 or so...not too bad, really, when you consider what has happened to the market in general.
Again, this backs up my hypothesis that homes that ARE NOT distressed sales (short sales or bank owned), are selling very well, holding their value well and selling quickly.
