A lot can change in a week, right?
To be fair, today’s story will refer to something that has changed in two weeks’ time, but the theme is still the same.
What’s changed?
The market!
I think back to the first Pick5 of 2024 which was called, “Nothing But Re-Lists!” and I marvel at how we went from a market with no listings and virtually no sales to a market that is suddenly and seemingly “on fire.”
Last week, there were a handful of properties that sold with 10, 15, or 20 offers, and it shocked many of us in the real estate community. Does a market really change overnight?
This week, we’ve already seen similar sales, and much of the heat seems to be in the entry-level family housing market.
In today’s Pick5, I’ll show you five properties listed between $899,000 – $1,399,000 where that “fire” seems to be burning the brightest. We’ll look at recent market activity and comparable sales and weigh the sale potential for each home.
Hope you enjoy!