Bear Trap Values Surge in 2021, Inventory Shortages
Posted by Leslie Kopp & Christi Arndt on Thursday, January 6th, 2022 at 11:15am
Happy New Year, we hope you and your family had a safe and healthy holiday season!
As we look back on 2021, you might recall that we predicted another strong year following a record shattering 2020. This proved to be true! The continuation of shrinking inventory and strong demand created a competitive market for buyers like we have never experienced. These conditions sent real estate values surging in 2021 and it remains an incredible time to be a seller! In fact, buyer demand remains high and there are currently no properties for sale in Bear Trap versus 2 at this time last year and 19 at the close of 2019!
Properties listed with our group in the Ocean View-Bethany area in 2021 sold faster and our sellers realized a higher sale-to-list price when compared to the rest of the market. We are confident that we have the experience, expertise and marketing resources to achieve the best results for our clients. If you are considering a sale or looking to purchase, please give us a call.
We wish you a happy, healthy, and prosperous 2022!
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