The Spring Market is BACK: What You Need to Know Before Making Your Move!
Move over Ice and Snow, the Spring Market is coming in HOT!
Move over Ice and Snow, the Spring Market is coming in HOT!
Now, when we talk about the market, we're talking about very different pockets around the entire DC metro area. That's why it's so important to have the right data.
Here at Corcoran McEnearney, we have an amazing EVP who puts together statistics, sometimes even on a weekly basis, that detail the absorption rate in different communities.
But what is an absorption rate, anyway?
The absorption rate is simply how fast certain properties, at specific price points in various locations around the DC Metro area are going under contract and off the market.
Why do we track this? It's how we determine if a market is currently favoring our buyer or seller clients! This data helps us to advise them on the best strategy needed to secure their real estate goals.
And let me tell you, what we are seeing in certain jurisdictions right now is astonishing: there are cars lined down the streets for open houses in one neighborhood, while other listings are sitting for 90+ days!
Entering Your Specific Market
If you are a buyer or a seller thinking about making a move this spring, you really want to understand the specific market you are entering into. The good news is, Jillian Hogan Homes (and the amazing brokerage behind us) has all the data you need to help you understand what you should expect along the way.
Schedule your call today on our calendly (www.calendly.com/jillianhoganhomes) and let's make a move together in 2026!