March 2022 NWMLS Stats and market trends - The market is changing!


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Yes, homes are still selling and Yes most of them are selling in 7 days or less yet are they selling for more than the asking price? We have seen several price reductions after homes being on the market for over a week, we are seeing fewer offers on homes with some homes receiving only 1 offer.
Good time to buy? I would not give up on your search as it appears that you will be competing with fewer buyers which could mean not paying way over the sellers asking price.

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