Welcome to the Weekend Market Pulse - Short on time? Watch the TL/DR video!
We're starting to see those first hints of seasonal market movement. While we're not in full spring mode yet, our weekly numbers are showing early signs of the shift ahead.
The data's giving us some interesting signals: Nearly 70% of our contracts this week had multiple offers, with properties averaging 2.4 offers each. This uptick suggests buyers are beginning to step off the sidelines.
Price points are telling:
* 62% of homes sold above list
* 23% at list price
* 15% below list
Buyers are approaching inspections in different ways:
* 38% waiving inspections
* 31% going full inspection
* 31% taking the pass/fail route
What's happening? We're seeing those early indicators of seasonal change. Limited inventory continues to give sellers an edge in most neighborhoods, and while we're not at peak spring energy yet, the market's definitely warming up.
Quick Take for Buyers: While competition is picking up, it's not the frenzy we'll likely see later this spring. This could be a sweet spot for making moves before the market gets busier.
For Sellers: The market's beginning to heat up, but smart pricing remains key. The strongest response still comes when buyers see clear value.
Want More Detail? For neighborhood-specific insights or personalized analysis:
* Call: 301-564-3058
* Email: Corey@FeldmanGroupRe.com