Remove 2021 Remove Bracketing Remove Market Value Remove Realtors
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Price Adjustments in 2021: Tis the Season

Lamacchia Realty

Why is 2021 different than other years? Due to the lingering impact of COVID and the log jam it caused in the 2020 spring market , price adjustments were lowest in 2020 and are now even lower in 2021 with supply so tight. If a month goes by, contact your REALTOR to discuss an adjustment on the list price.

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Price Adjustments and the 2023 Market

Lamacchia Realty

2018 and 2019 depict the paths of what was a ‘typical’ market prior to the pandemic. 2020 and 2021 did see slight hills and valleys but nothing as intense as the years’ prior. 2022 exhibited a rise in the number of price adjustments year over year in June and stayed higher than 2021 for the rest of the year.

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Price Adjustments in this New Housing Market

Lamacchia Realty

2018 and 2019 depict the paths of what was a ‘typical’ market prior to the pandemic. 2020 and 2021 did see slight hills and valleys but nothing as intense as the years prior. Neighborhood homes are valued relatively close to one another if their size and condition are relatively similar. Consider the Price Brackets.