Winning a bidding war starts with knowing your battlefield. The first move? Gauge the market conditions for that specific weekend, and keep seasonality in mind.
You’ll want to assess how quickly properties are selling in your area—but remember, this can vary widely depending on the town and the type of property. For example, a general ‘days on market’ stat for Metro Boston won’t tell the full story. Single-family homes in Melrose are flying off the shelves, while condos aren’t as hot. And in Lowell, homes under $600,000 spark bidding wars like clockwork, while those over $700,000 tend to linger.
Up next, we’ll dive into how the season impacts your strategy. Stay tuned