{"id":5951,"date":"2025-08-25T10:30:00","date_gmt":"2025-08-25T10:30:00","guid":{"rendered":"https:\/\/sandpointrealtyidaho.com\/blog\/2025\/08\/25\/should-you-still-expect-a-bidding-war\/"},"modified":"2025-08-25T10:30:00","modified_gmt":"2025-08-25T10:30:00","slug":"should-you-still-expect-a-bidding-war","status":"publish","type":"post","link":"https:\/\/sandpointrealtyidaho.com\/blog\/2025\/08\/25\/should-you-still-expect-a-bidding-war\/","title":{"rendered":"Should You Still Expect a Bidding War?"},"content":{"rendered":"\n
\"Should\n

If you\u2019re still worried about having to deal with a bidding war when you buy a home, you may be able to let some of that fear go.<\/p>\n

While multiple-offer situations haven\u2019t disappeared entirely, they\u2019re not nearly as common as they used to be. In fact, a <\/strong>recent survey<\/strong><\/a> shows agents reported only<\/strong> 1 in 5 homes (20%) nationally received multiple offers in June 2025<\/strong>.<\/p>\n

That\u2019s down from nearly 1 in 3 (31%) just a year ago<\/strong> \u2013 and dramatically lower than in June 2023 (39%) (see graph below<\/em>):<\/p>\n

\"a<\/a>This trend means you should face less competition when you buy. That gives you more time to make decisions and the ability to negotiate price or terms.<\/p>\n

It Still Depends on Where You\u2019re Buying<\/strong><\/h4>\n

Of course, national trends don\u2019t tell the full story. Local dynamics matter, a lot. This second graph uses survey data<\/a> from John Burns Research & Consulting<\/em> (JBREC) and Keeping Current Matters<\/em> (KCM) to break things down by region to prove just how true that is. It shows, while the share of homes getting multiple offers has dropped pretty much everywhere, some areas are still seeing more offers than others:<\/p>\n

\"a<\/a>In the Northeast, <\/strong>34% of homes (roughly 1 in 3) are still receiving multiple offers. That\u2019s more than the national average. But in Southeast<\/strong>, that number drops to just 6%.\u00a0<\/p>\n

What\u2019s behind the difference? In general, the areas still seeing bidding wars tend to have lower-than-normal inventory<\/strong>. That imbalance between buyers and available homes keeps pressure on prices and competition. But markets with more listings are seeing conditions cool \u2013 and that means fewer bidding wars.\u00a0<\/p>\n

Sellers Are More Flexible Than You Might Think<\/strong><\/h4>\n

Here\u2019s another shift to show you just how much things have changed. According to a Redfin <\/em>report, almost half of <\/strong>sellers are offering concessions<\/a>, like covering their buyer\u2019s closing costs or dropping their asking price to get their house sold.<\/p>\n

That\u2019s a clear sign this isn\u2019t the same ultra-competitive market we saw a few years ago. Back then, sellers rarely compromised. And buyers often waived their inspection or appraisal to try to make their offer stand out. Now, things are different.<\/p>\n

But again, how often this is happening is going to vary based on where you\u2019re looking to buy. And that\u2019s why you need a local agent\u2019s expertise.<\/p>\n

Bottom Line<\/h3>\n

If concerns about bidding wars have been holding you back, it may be time to take another look. Nationally, competition is down. In some markets, it\u2019s down significantly. And with more sellers offering concessions, buyers today have more power and flexibility than they\u2019ve had in a long time.<\/p>\n

Want to find out what the market looks like where you\u2019re buying?<\/strong> Connect with a local agent.<\/p>\n<\/div>\n\n<\/body>","protected":false},"excerpt":{"rendered":"

If you\u2019re still worried about having to deal with a bidding war when you buy a home, you may be able to let some of that fear go. While multiple-offer situations haven\u2019t disappeared entirely, they\u2019re not nearly as common as they used to be. In fact, a recent survey shows agents reported only 1 in […]<\/p>\n","protected":false},"author":1,"featured_media":5952,"comment_status":"registered_only","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[12],"tags":[29,27,20,18,28],"class_list":["post-5951","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate-insight","tag-idaho-real-estate","tag-north-idaho-homes","tag-rain-silverhawk","tag-real-estate","tag-sandpoint-idaho"],"aioseo_notices":[],"acf":[],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/sandpointrealtyidaho.com\/blog\/wp-content\/uploads\/2025\/08\/20250825-Blog-Header-Image-original.png?fit=750%2C410&ssl=1","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/pdz2Zu-1xZ","_links":{"self":[{"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/posts\/5951","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/comments?post=5951"}],"version-history":[{"count":0,"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/posts\/5951\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/media\/5952"}],"wp:attachment":[{"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/media?parent=5951"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/categories?post=5951"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/tags?post=5951"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}