Quote:
Originally Posted by Table 5
We're currently selling our attached house (we're in the $800K range). We've been on the market for a couple weeks, and demand is definitely nowhere close to what you see in the under $600K market for detached homes. Showings were pretty steady until last week when they announced the new lockdowns...ever since then it's been dead quiet.
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This isn't only a story of price range but also by housing style.
I have been looking at buying and can say from our experience that detached homes with yards in the $600k to $1 million range is on fire similar to the <$600k market in the outer suburbs. Homes we have looked at in recent weeks have sold in a day with multiple offers.
That is entirely confined to detached homes with yards in the burbs though. We are also looking at places that fit your description and those are moving at a snails pace, mainly because thin places with 25 foot frontage lots with no real backyard is exactly the housing type that people are running from after experiencing the pandemic.