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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I am seeing a lot of price increases, and not by a little, by average of 100k. This is Potomac/Rockville area. I am surprised, I thought the market was really slowing down. I know this is early spring market but is this normal?[/quote] lol No. They're pricing low to get more interest and bidding wars this is all strategy and an illusion. [/quote] No, I don't think that is it. I know this market very well because I live here and have been moderately looking around for years now. Both those houses were listed at reasonable prices. 1.32 million for a smaller-sized house in the copenhaver neighborhood is very high (while acknowledging yes the location with the school is great). [/quote] Same. The best approach is always to slightly underprice. The difference is in my NoVA neighborhood, 3-6 months ago SFH were selling at ask or under, and some would have to lower their ask after several weeks before finding a buyer. Now in February, SFHs are getting snapped up in the first week for over ask. It’s definitely not 2021 style frenzy, but it’s a noticeable difference compared to fall of 2025. Supply of SFH inside the beltway is still quite low.[/quote]
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