Will 2022 be the most aggressive real estate market yet? 🧐🏡
An aggressive market is highlighted by low days-on-market (DOM), and a DOM consistently less than 10 days is typically considered a seller's market.
When we look at the DOM from December 2021, where seven of the 12 locations were at or above 10 days, to March 2022, where every location is under 10 days, and most are at or below five days. You can also see this trend in the DOM trajectories from 2019 to 2022 in Beaverton, Gresham, Happy Valley, Hillsboro, Lake Oswego, Milwaukie, NE Portland, North Portland, NW Portland, SE Portland, SW Portland, and Tigard.
If this trend continues, 2022 could be the most aggressive year yet!
Below is a slideshow with all graphs from the video:
Feel free to contact me with any questions.🙋♀️ Have a great day!