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Archives for April 2018

1st Quarter Market Analysis

April 18, 2018 By Jonathan Edwards Leave a Comment

1st Quarter Market Analysis

During the 1st quarter we saw the market take off after towards the end of January. Homes and condos went into multiple offer scenarios quite frequently. A big reason we see multiple offers in a lot of winter months is due to the lack of inventory. The market has stayed steady for the last few months despite what the media reports. Homes are still going a couple hundred thousand over asking price, condos are going anywhere from $50,000-$100,000 over asking price consistently. The difference from first quarter this year compared to last year is that only the sought after buildings, condos and homes located in desirable neighborhoods are going into these multiple offer scenarios. If

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