Market Conditions Remained Strong for Bear Trap Sellers in Q1

Posted by Leslie Kopp & Christi Arndt on Monday, April 18th, 2022 at 10:30am

During the first quarter of the year, we continued to experience a strong market for sellers. As the chart illustrates, the number of properties sold in Bear Trap was down 45% when compared to the first quarter of last year while sales volume was down just 27%. Properties continued to sell very quickly with minimal competition as inventory was down 50% year-over-year and 95% compared to 2020!

 As always, if we can offer you any real estate guidance during this time, we are here to help! Please call Bear Trap Expert, Gail Phelan: 302-233-4909. We are here to help.

 

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