Holiday impact confirmed in our brokerage data. Competition dropped - average offers fell from 1.2 to 1.0 per new contract, with zero deals above list price.
Pricing reality set in: 78% of contracts hit exact list price, 22% below.
Meanwhile, 44% of buyers waived inspections entirely, up from 12% last week. The buyers who stayed active during the holiday period were highly decisive.
Classic holiday pause - fewer offers, realistic pricing. Watch for a slight rebound next week.
Questions about these market dynamics? Reach out at 301-564-3058 and stay tuned for Market Monday. Have a spectacular weekend!
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