Weekly Market Snapshot: January 21, 2022 - February 3, 2022
This market calls for weekly updates.
Activity is traditional slow in January as people wind down from the holidays and adjust to the cold. But the market was active.
Prices continue to climb! Highest ever (I don’t like saying that over and over)! Demand is super high and all inventory gets consumed almost immediately. Common sale strategy right now is holding offers, Offer Nights and bidding wars. 10+ offers on local properties is not uncommon.
It is still a great time to sell. Prices are at an all time high, active
listings are low, and demand is strong.
If you know anyone considering selling, have them contact me to discuss
this opportunity.
If you’re buying, good luck! Stay strong and stick to your
goals! My hope is that as interest rates
start to go up then hopefully demand will start to go down.
Please let me know if I can help in anyway, I’m here to
serve.
Be safe and be well!