Nobody is giving them away!

I think we can agree that list prices today are at or above the all-time highs, yet with demand overwhelming the few listings that are trickling out, buyers are forced to consider going even higher. It’s working too:

We usually get some anxious buyers who pay closer to the list price in Jan-Feb, but the average has stayed under 100% in recent years.

With January already pushing 101%, it’s going to get crazier – and this is the Over-$815,000 market!

If you’re the type of buyer that refuses to get into a bidding war, you might have to sit this one out.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

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!

See Full Bio