The last period had 77 new listings, and 69 new pendings – this period produced a 73:66 mix of new and pending listings. Of the 69, there were 20 that were on the market seven days or less (29%):
The UNDER-$1,200,000 Market:
Date |
NSDCC Active Listings |
Avg. LP/sf |
DOM |
Avg SF |
April 29 |
201 |
$384/sf |
36 |
2,599sf |
May 5 |
195 |
$381/sf |
36 |
2,633sf |
May 9 |
207 |
$387/sf |
35 |
2,624sf |
May 18 |
241 |
$397/sf |
33 |
2,566sf |
May 23 |
236 |
$397/sf |
34 |
2,529sf |
May 30 |
230 |
$391/sf |
35 |
2,591sf |
June 5 |
229 |
$393/sf |
35 |
2,577sf |
June 11 |
239 |
$390/sf |
34 |
2,569sf |
June 17 |
246 |
$389/sf |
36 |
2,577sf |
The OVER-$1,200,000 Market:
Date |
NSDCC Active Listings |
Avg. LP/sf |
DOM |
Avg SF |
April 29 |
620 |
$806/sf |
94 |
5,183sf |
May 5 |
606 |
$806/sf |
93 |
5,223sf |
May 9 |
628 |
$808/sf |
93 |
5,150sf |
May 18 |
653 |
$807/sf |
92 |
5,161sf |
May 23 |
661 |
$814/sf |
92 |
5,141sf |
May 30 |
659 |
$805/sf |
95 |
5,222sf |
June 5 |
663 |
$794/sf |
96 |
5,185sf |
June 11 |
672 |
$779/sf |
96 |
5,163sf |
June 17 |
661 |
$787/sf |
99 |
5,164sf |
There has been more selection too. The number of NSDCC detached-homes listed between May 1 and June 11 was 12% higher than last year.
Jim is a long-time local realtor who comments daily here on his blog, bubbleinfo.com which began in September, 2005. Stick around!