The inventory count hasn’t dropped much.  Last year the number of houses for sale declined 7.2% between September 2 and October 28 as sellers checked out for the holidays.  This year it has only dropped 2.6%.

With more sellers waiting longer before canceling their listing for the holidays, it might make you think that they must be ‘motivated’, but it is the opposite – if their price was right, they would have sold by now.

The UNDER-$800,000 Market:

Date
NSDCC Active Listings
Avg. LP/sf
DOM
Avg SF
November 25
95
$376/sf
47
1,988sf
December 2
79
$371/sf
50
2,047sf
December 9
72
$383/sf
43
1,954sf
December 16
81
$378/sf
42
1,948sf
December 23
77
$374/sf
49
1,937sf
December 30
76
$373/sf
51
1,950sf
January 6
74
$370/sf
49
1,995sf
January 13
71
$381/sf
44
1,921sf
January 20
72
$384/sf
41
1,877sf
January 27
75
$399/sf
40
1,891sf
February 3
78
$409/sf
41
1,876sf
February 10
82
$395/sf
38
1,927sf
February 17
85
$387/sf
35
1,929sf
February 24
90
$383/sf
37
2,008sf
March 3
82
$397/sf
39
1,942sf
March 10
88
$377/sf
37
2,008sf
March 17
89
$366/sf
34
2,038sf
March 24
79
$369/sf
34
2,031sf
March 31
78
$367/sf
39
2,069sf
April 7
87
$373/sf
32
2,054sf
April 14
97
$380/sf
31
2,000sf
April 21
87
$377/sf
32
2,062sf
April 28
107
$379/sf
29
2,044sf
May 5
114
$376/sf
27
2,046sf
May 12
108
$385/sf
31
2,012sf
May 19
107
$385/sf
0
0sf
May 26
105
$375/sf
34
0sf
Jun 2
102
$376/sf
36
0sf
Jun 9
102
$377/sf
37
0sf
Jun 16
104
$369/sf
35
0sf
Jun 23
111
$380/sf
34
0sf
Jun 30
119
$376/sf
36
0sf
Jul 7
122
$387/sf
36
0sf
Jul 14
127
$388/sf
34
0sf
Jul 21
135
$381/sf
36
0sf
Jul 28
144
$382/sf
37
0sf
Aug 4
148
$379/sf
39
0sf
Aug 11
135
$375/sf
42
0sf
Aug 25
135
$374/sf
43
0sf
Sep 1
126
$377/sf
46
0sf
Sep 8
130
$375/sf
46
0sf
Sep 15
134
$369/sf
45
0sf
Sep 22
127
$376/sf
49
0sf
Sep 29
132
$378/sf
48
0sf
Oct 6
130
$367/sf
48
0sf
Oct 13
131
$378/sf
44
0sf
Oct 20
130
$385/sf
45
0sf


The $800,000 – $1,400,000 Market:

Date
NSDCC Active Listings
Avg. LP/sf
DOM
Avg SF
November 25
245
$448/sf
61
2,856sf
December 2
239
$448/sf
64
2,851sf
December 9
226
$461/sf
65
2,812sf
December 16
211
$464/sf
66
2,794sf
December 23
197
$453/sf
73
2,813sf
December 30
173
$450/sf
78
2,821sf
January 6
170
$470/sf
65
2,757sf
January 13
168
$463/sf
59
2,764sf
January 20
174
$444/sf
51
2,882sf
January 27
166
$435/sf
52
2,902sf
February 3
165
$441/sf
53
2,857sf
February 10
175
$443/sf
51
2,852sf
February 17
180
$447/sf
50
2,803sf
February 24
188
$438/sf
44
2,846sf
March 3
202
$421/sf
44
2,936sf
March 10
215
$431/sf
41
2,854sf
March 17
223
$421/sf
42
2,918sf
March 24
217
$419/sf
42
2,941sf
March 31
223
$425/sf
44
2,887sf
April 7
224
$428/sf
44
2,881sf
April 14
233
$429/sf
44
2,892sf
April 21
237
$432/sf
44
2,894sf
April 28
240
$430/sf
45
2,848sf
May 5
272
$434/sf
42
2,838sf
May 12
269
$438/sf
42
2,831sf
May 19
275
$436/sf
0
0sf
May 26
276
$429/sf
49
0sf
Jun 2
270
$431/sf
50
0sf
Jun 9
292
$454/sf
52
0sf
Jun 16
299
$443/sf
52
0sf
Jun 23
304
$437/sf
51
0sf
Jun 30
304
$431/sf
53
0sf
Jul 7
307
$423/sf
55
0sf
Jul 14
297
$421/sf
54
0sf
Jul 21
310
$410/sf
53
0sf
Jul 28
329
$411/sf
53
0sf
Aug 4
337
$415/sf
52
0sf
Aug 11
336
$420/sf
51
0sf
Aug 25
318
$428/sf
55
0sf
Sep 1
310
$426/sf
56
0sf
Sep 8
306
$427/sf
56
0sf
Sep 15
312
$434/sf
57
0sf
Sep 22
315
$435/sf
60
0sf
Sep 29
308
$443/sf
59
0sf
Oct 6
304
$435/sf
60
0sf
Oct 13
304
$432/sf
61
0sf
Oct 20
311
$440/sf
62
0sf

The $1,400,000 – $2,400,000 Market:

Date
NSDCC Active Listings
Avg. LP/sf
DOM
Avg SF
November 25
227
$580/sf
81
3,692sf
December 2
222
$588/sf
85
3,653sf
December 9
219
$586/sf
87
3,636sf
December 16
211
$593/sf
88
3,627sf
December 23
196
$601/sf
94
3,581sf
December 30
190
$597/sf
100
3,591sf
January 6
175
$595/sf
97
3,594sf
January 13
184
$600/sf
92
3,590sf
January 20
187
$589/sf
83
3,663sf
January 27
195
$589/sf
80
3,649sf
February 3
196
$573/sf
78
3,730sf
February 10
205
$583/sf
76
3,687sf
February 17
216
$582/sf
72
3,729sf
February 24
211
$584/sf
77
3,744sf
March 3
221
$585/sf
78
3,761sf
March 10
228
$585/sf
77
3,740sf
March 17
217
$584/sf
75
3,744sf
March 24
231
$584/sf
73
3,742sf
March 31
232
$569/sf
71
3,750sf
April 7
230
$569/sf
71
3,753sf
April 14
233
$564/sf
69
3,748sf
April 21
244
$563/sf
67
3,780sf
April 28
238
$566/sf
66
3,757sf
May 5
247
$571/sf
61
3,746sf
May 12
251
$559/sf
64
3,782sf
May 19
256
$562/sf
0
0sf
May 26
263
$552/sf
69
0sf
Jun 2
261
$561/sf
69
0sf
Jun 9
273
$566/sf
70
0sf
Jun 16
276
$571/sf
70
0sf
Jun 23
289
$581/sf
70
0sf
Jun 30
292
$594/sf
72
0sf
Jul 7
288
$588/sf
74
0sf
Jul 14
290
$590/sf
72
0sf
Jul 21
277
$578/sf
74
0sf
Jul 28
271
$579/sf
71
0sf
Aug 4
269
$586/sf
70
0sf
Aug 11
276
$571/sf
71
0sf
Aug 25
271
$579/sf
81
0sf
Sep 1
265
$581/sf
82
0sf
Sep 8
270
$580/sf
80
0sf
Sep 15
279
$575/sf
82
0sf
Sep 22
281
$563/sf
83
Sep 29
278
$568/sf
82
0sf
Oct 6
266
$583/sf
81
0sf
Oct 13
278
$583/sf
83
0sf
Oct 20
270
$591/sf
87
0sf

The OVER-$2,400,000 Market:

Date
NSDCC Active Listings
Avg. LP/sf
DOM
Avg SF
November 25
340
$1,040/sf
159
6,347sf
December 2
330
$1,049/sf
160
6,342sf
December 9
318
$1,057/sf
163
6,392sf
December 16
317
$1,049/sf
163
6,420sf
December 23
302
$1,063/sf
169
6,405sf
December 30
285
$1,074/sf
174
6,460sf
January 6
285
$1,073/sf
171
6,477sf
January 13
295
$1,057/sf
168
6,480sf
January 20
297
$1,050/sf
157
6,537sf
January 27
307
$1,041/sf
152
6,513sf
February 3
297
$1,048/sf
152
6,545sf
February 10
315
$1,024/sf
146
6,519sf
February 17
315
$1,030/sf
148
6,572sf
February 24
314
$1,028/sf
148
6,611sf
March 3
309
$1,004/sf
145
6,628sf
March 10
316
$1,011/sf
141
6,576sf
March 17
329
$999/sf
136
6,557sf
March 24
331
$995/sf
131
6,563sf
March 31
336
$995/sf
131
6,574sf
April 7
345
$988/sf
128
6,477sf
April 14
349
$996/sf
126
6,534sf
April 21
353
$995/sf
124
6,523sf
April 28
366
$980/sf
120
6,543sf
May 5
379
$974/sf
119
6,539sf
May 12
388
$967/sf
118
6,509sf
May 19
390
$1,000/sf
0
0sf
May 26
393
$1,015/sf
122
0sf
Jun 2
395
$1,007/sf
124
0sf
Jun 9
398
$1,010/sf
125
0sf
Jun 16
397
$1,016/sf
130
0sf
Jun 23
417
$911/sf
116
0sf
Jun 30
416
$904/sf
120
0sf
Jul 7
411
$912/sf
120
0sf
Jul 14
419
$893/sf
119
0sf
Jul 21
424
$884/sf
119
0sf
Jul 28
423
$882/sf
123
0sf
Aug 4
420
$888/sf
126
0sf
Aug 11
424
$891/sf
127
0sf
Aug 25
427
$878/sf
128
0sf
Sep 1
419
$863/sf
133
0sf
Sep 8
412
$900/sf
139
0sf
Sep 15
415
$883/sf
139
0sf
Sep 22
426
$849/sf
136
0sf
Sep 29
423
$866/sf
141
0sf
Oct 6
409
$953/sf
143
0sf
Oct 13
402
$991/sf
145
0sf
Oct 20
380
$1,017/sf
150
0sf

New pendings have been remarkably consistent over the last couple of months:

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
Nov 18
52
44
Nov 25
48
40
Dec 2
25
34
Dec 9
45
47
Dec 16
56
46
Dec 23
21
39
Dec 30
14
23
Jan 6
63
25
Jan 13
75
44
Jan 20
98
51
Jan 27
71
56
Feb 3
74
63
Feb 10
95
59
Feb 17
81
76
Feb 24
80
70
Mar 3
88
71
Mar 10
98
54
Mar 17
87
65
Mar 24
89
76
Mar 31
77
57
April 7
98
61
April 14
108
72
April 21
87
62
April 28
122
73
May 5
144
67
May 12
96
85
May 19
87
61
May 26
97
72
Jun 2
90
59
Jun 9
108
52
Jun 16
103
65
Jun 23
131
62
Jun 30
85
70
July 7
83
59
July 14
100
62
July 21
112
75
July 28
113
62
Aug 4
84
48
Aug 11
95
62
Aug 18
83
54
Aug 25
72
54
Sep 1
71
60
Sep 8
81
57
Sep 15
80
49
Sep 22
77
49
Sep 29
79
51
Oct 6
78
54
Oct 13
73
54
Oct 20
70
64

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