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The Bridge Team

Washington Park Monthly Stats – January 2023

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When will the Spring market bloom…

After the Spring market of 2022 and the crazy bidding wars etc, we are all curious what this Spring will bring. However, cold weather, holiday and post holiday travel do not make January a very good predictor of the year to come. However, if you look at the pending sales that are under $1,500,000 those sales were only in the MLS an average of 7 days. So, in spite of interest rates, that sector of the market seems to be seeing high demand.

So, let’s get all of this ice melted, get some more homes on the market and see what is to come. It may not be an unprecedented, record setting Spring like the last one, but we are off to a good start. If we can answer any questions or help in any way, please don’t hesitate to get in touch.

Your call to The Bridge Team at 303-331-4562 will be warmly received.

 

CLICK HERE TO ACCESS THE FULL JANUARY 2023 MARKET REPORT

ANNUAL REPORT ARCHIVES SINCE 1991

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