I don’t think houses were flying that fast even during the bubble here…were they?? I will be really curious to see what this house sold at relative to the asking price.
The same realtor sold this house in my development earlier this year. From the time he listed it to the time he got an offer was only 5 DAYS.
ER, this is not surprising to me at all. We’ve been shopping for the past year or so, and since around late December, good properties have been flying off the market. Two that we offered on saw 7+ offers in the first 48-hours after listing. Both were pending in days without spanning a weekend on the market.
Most decent properties that list on Thursday or Friday are pending by the following Wednesday at the latest. We’re often told offers are being reviewed Sunday or Monday evening. If you tour a recent listing on a Sunday, you might have only until nightfall to get your offer in for consideration.
Lately, if something lasts longer than 7 days, it’s either grossly overpriced, or there’s something seriously wrong with it (though as Jim the Realtor would say, nothing price can’t fix).
