The housing market during covid was INSANE. When my sister was looking for her new home I would be checking zillow for new houses to pop up and I would email her and she would tell me “Oh that house already has 8 offers” and I was like “Wait, but it just literally hit the market an hour ago” and she would tell me that they would have offers for houses even BEFORE the ad hit the internet I dont know if we will ever have a boom like that again it was nuts
It’s still that way in many desirable markets. My sister and BIL just sold their place of 30 years in suburban Maryland (between DC, Baltimore, and Annapolis). They had ONE open house about three weeks ago (Fri, Sat & Sun), about 30 people looked at it, they got four offers, all above asking! They close in a few days. The movers are at their house as I write! They will be staying in a motel tonight. They are retiring to a retirement community closer to family in the Amish Country of Pennsylvania.