The lower-end sellers remain confident, as their list prices stayed at $408/sf for the third week in a row.
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 |
| June 24 |
255 |
$397/sf |
36 |
2,535sf |
| July 1 |
244 |
$401/sf |
38 |
2,526sf |
| July 8 |
256 |
$398/sf |
38 |
2,530sf |
| July 15 |
269 |
$403/sf |
38 |
2,486sf |
| July 22 |
258 |
$401/sf |
39 |
2,442sf |
| July 29 |
262 |
$386/sf |
39 |
2,493sf |
| Aug 5 |
287 |
$393/sf |
38 |
2,495sf |
| Aug 12 |
300 |
$391/sf |
40 |
2,521sf |
| Aug 19 |
304 |
$395/sf |
41 |
2,491sf |
| Aug 26 |
308 |
$392/sf |
41 |
2,469sf |
| Sep 2 |
304 |
$395/sf |
41 |
2,453sf |
| Sep 9 |
303 |
$402/sf |
40 |
2,453sf |
| Sep 16 |
309 |
$395/sf |
39 |
2,463sf |
| Sep 23 |
311 |
$398/sf |
40 |
2,431sf |
| Sep 30 |
293 |
$398/sf |
42 |
2,448sf |
| Oct 7 |
280 |
$394/sf |
43 |
2,451sf |
| Oct 14 |
278 |
$398/sf |
43 |
2,432sf |
| Oct 21 |
273 |
$402/sf |
47 |
2,428sf |
| Oct 28 |
267 |
$408/sf |
49 |
2,432sf |
| Nov 4 |
264 |
$408/sf |
52 |
2,436sf |
| Nov 11 |
252 |
$408/sf |
52 |
2,421sf |
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 |
| June 24 |
679 |
$791/sf |
98 |
5,097sf |
| July 1 |
705 |
$785/sf |
94 |
5,084sf |
| July 8 |
702 |
$779/sf |
95 |
5,100sf |
| July 15 |
736 |
$776/sf |
94 |
5,038sf |
| July 22 |
748 |
$782/sf |
96 |
5,043sf |
| July 29 |
736 |
$782/sf |
100 |
5,057sf |
| Aug 5 |
754 |
$765/sf |
100 |
5,024sf |
| Aug 12 |
750 |
$767/sf |
102 |
5,032sf |
| Aug 19 |
742 |
$769/sf |
104 |
5,009sf |
| Aug 26 |
740 |
$781/sf |
106 |
4,962sf |
| Sep 2 |
736 |
$773/sf |
107 |
4,928sf |
| Sep 9 |
724 |
$781/sf |
108 |
5,006sf |
| Sep 16 |
738 |
$773/sf |
107 |
4,993sf |
| Sep 23 |
736 |
$776/sf |
109 |
4,953sf |
| Sep 30 |
717 |
$765/sf |
111 |
4,954sf |
| Oct 7 |
709 |
$769/sf |
111 |
4,960sf |
| Oct 14 |
719 |
$780/sf |
111 |
4,965sf |
| Oct 21 |
704 |
$781/sf |
111 |
4,976sf |
| Oct 28 |
702 |
$766/sf |
114 |
4,993sf |
| Nov 4 |
684 |
$762/sf |
112 |
4,975sf |
| Nov 11 |
674 |
$776/sf |
116 |
5,019sf |
Of the 76 new listings this month, only 8 have found a buyer. But new pendings keep pouring in, thanks to the older listings tuning up their price. This week, we had more new pendings than new listings!
Weekly NSDCC New Listings and New Pendings
| Week |
New Listings |
New Pendings |
| May 30 |
70 |
84 |
| June 5 |
87 |
64 |
| June 11 |
77 |
69 |
| June 17 |
73 |
66 |
| June 24 |
100 |
69 |
| July 1 |
86 |
64 |
| July 8 |
81 |
53 |
| July 15 |
106 |
54 |
| July 22 |
105 |
89 |
| July 29 |
71 |
74 |
| Aug 5 |
105 |
64 |
| Aug 12 |
77 |
61 |
| Aug 19 |
88 |
73 |
| Aug 26 |
87 |
77 |
| Sep 2 |
76 |
55 |
| Sep 9 |
85 |
58 |
| Sep 16 |
102 |
61 |
| Sep 23 |
84 |
54 |
| Sep 30 |
73 |
80 |
| Oct 7 |
80 |
61 |
| Oct 14 |
78 |
53 |
| Oct 21 |
70 |
63 |
| Oct 28 |
54 |
40 |
| Nov 4 |
63 |
53 |
| Nov 11 |
49 |
64 |
Jim is a long-time local realtor who comments daily here on his blog, bubbleinfo.com which began in September, 2005. Stick around!
