Market Conditions Remained Strong for Sellers in Q1
Posted by Leslie Kopp & Christi Arndt on Wednesday, April 13th, 2022 at 10:07am
During the first quarter of 2022, we continued to experience an exceptional market for sellers. As the chart illustrates, the number of properties sold in the Bethany-Fenwick area was down 20% when compared to the first quarter of last year while sales volume was up 12%. Properties continued to go under contract very quickly as inventory was down 30% year-over-year and 80% compared to 2020!
As always, if we can offer you any real estate guidance, we are here to help. Please give us a call, 302.541.5207.
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