Hope everyone's having a fantastic weekend! Here's what this week's data shows.
Competition is spreading but becoming less intense. While 50% of contracts received multiple offers compared to 43% last week, they're averaging just 0.9 offers per property versus 1.2 last week.
Half of buyers are still waiving inspections when they find the right property. And pricing outcomes remain strong with 50% paying above list, 40% at list, and only 10% below.
This points to increased market segmentation and more opportunities for selective buyers, but well-positioned sellers still hold the advantage.
Detailed community analysis coming Monday.
Questions? Call 301-564-3068 and remember I'm here to help you love where you live.
Have a spectacular weekend!
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