January started off the year with a noticeable uptick in buyer activity.  As the quarter progressed we started to thin out in inventory with the normal seasonal slowdown and many sellers waiting for Spring.  A lot of the inventory remaining was picked over going into March and we were hit with some market uncertainty. As March progressed that supply began to flow in and going into April we saw some unique and old homes hitting the market along with the more normal inventory.  Most of the market action was driven by people wanting to downsize from their primary residence to another primary residence.  I know that would almost always sound like the norm, but many times the market is driven by buyers/sellers of investment properties or inheritance, divorce, etc...  Many have been sidelined since 2019 waiting for a "normal" market to make this lateral move. This year seems to be the year where patience has met need and it's go time!!  Another strong factor in Q1 was product quality.  We saw that the top 10% of homes on the market were still pulling multiple offers and going for over asking with hardly any market time. 7105 Whitewater in Carlsbad closed for 461k over asking in just 5 days!  Check out the link below.