It'll be interesting to see the average days on market statistics this year

20 Limerick Place (off Cognewaugh) asking $1.895 million, has a contract after 13 days.

These short stays on the market are the norm this spring, but they still surprise me (although less and less). By comparison, here are the previous two sales for this house:

2013, 105 days, asked $1.895, sold for $1.630

2009, 91 days, asked $1.895, sold for $1.695.

Three months on the market used to be about average, I believe, and negotiations downward from the asking price were normal. I don’t know whether the current sale will be for less than ask, but I doubt it; there are so many buyers looking, and so little inventory, that the seller can say, with confidence, “we’ll just sell it to someone else”.

This is all great news for sellers; for buyers, not so much.