Multiple offer poll results
What I have been seeing this spring is a segmented market. Micro-markets exist in some locations and price ranges. Gus and others have wondered where these “hot spots” are. Some readers want to deny their existence.
I have reviewed the data. Nothing in it surprises me, except the number of high-end multiple offers reported. It basically confirms what I have experienced. What do you think?
One caution about this poll: it does not address whether prices are actually going up or down in the places where there are multiple offers. Some of the final prices reflect a price that is still lower than what the place would have sold for last year. Binyamin has been following that for you.
This poll is unscientific. It is just a taste of what the readership here is seeing. I did not add in the transactions I have seen. Take what you want from this information. If you have ideas for other polls, let me know.
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