Is the thought of higher prices causing more people to list?

Not yet, though the list-price-per-sf average is 9% above recent years:

NSDCC Detached-Home New Listings between Jan 1 – Feb 15

Year # of New Listings Avg LP-Per-SF
2010
663
$466/sf
2011
747
$460/sf
2012
620
$466/sf
2013
604
$507/sf

Last year there were 476 new listings in March, so hopefully we’ll see 400-450 this year. Will there be enough to go around?

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Jim the Realtor
Jim is a long-time local realtor who comments daily here on his blog, bubbleinfo.com which began in September, 2005. Stick around!

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