Here’s your Monday Market Update!
We have our weekly numbers. Overall we are very much in a supply constrained market but notice our 2nd and 3rd slides that capture the stats for Fee Simple (houses) and Condos that are priced $1 million and higher.
The $1M+ market paints a different picture. Million-dollar and above houses are in a more balanced market for buyers and Million-dollar and above condos are well into a buyers market.
Makes you think it’s a good time to sell your starter home for that “move-up” home.
Just saying.
Matt Cheney
Washington Fine Properties
M: 202-465-0707
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