NSDCC May Sales & Pricing
This article shows that 88% of the home sales in San Francisco this year have sold for list price or higher – wow!In SF, 79% sold over list price
We aren’t quite that hot, but there was some good action last month:
NSDCC Houses Sold Over List Price: 20%
NSDCC Houses Sold At LP: 13%
In May, 33% of the NSDCC detached-home sales close for list price or higher! For those on range pricing, I used the high-end of the range, and I didn’t include any that were on the ‘auctions’. Of the 100 houses that sold over $1,500,000, there were eleven that closed above their list price.
But sales are struggling:
Prices were way up, but there were 22% fewer sales last month, YoY!
Here are the NSDCC closed sales for January through May:
Year-to-date sales are 9% fewer than last year (through May).
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