Matches with what I saw when I helped with the purchase in Jan also – multiple offers on properties within a week of listing.
I see a lot of units sitting with price drops within 1-2 mi of where I own my rental. NOT a fast-moving market. Secondly, I was at a few well-priced open houses last week and there was virtually no traffic.
I think the higher end is still going gangbusters, with low to middle end pre-1980s property moving much slower. It certainly won’t surpass 2006 nominal levels, at least not this year.
