The 2021 Main Line real estate market was unlike any other. The number of available listings decreased 44% compared to 2020, which was also a low inventory year. The increase in millennials searching for Main Line homes combined with record-low inventory lead to sellers receiving 10-20-30 offers on a single listing. In order to win the bidding wars, many buyers resorted to waiving inspection and mortgage contingencies. Non-contingent offers became a popular strategy buyers used to win. 2021 was the strongest seller's market I've seen in 18 years selling homes on the Main Line and 2022 is picking up right where 2021 left off with the majority of new listings selling over asking price quickly. Reach out today to gain an advantage in this challenging market.