This question is being asked over and over....  the answer is a high-volume YES!   I am living through a situation here in The Woodlands where we are offering on a house, 2nd day on market and 4 offers including mine are in the running.   We offered a bit over list---we lost the house.   This has happened to me 4 times in the last month.   In fact, one family is now under construction with a new home due to not being able to get an accepted offer....that one family endured 2 times of offering and losing out on the house.   Honestly, I have not seen this type situation in my career here.   The bottom line is -------  there are not enough listings on the market.   When this occurs, in an active market, sellers are waiting each day for listings to hit the market, then many are looking/offering at once.   It is a sellers market in The Woodlands and IF you are considering a sale in the next year,  do it now AND be prepared for it to sell quickly if it is priced right, staged well and in sparkling condition.