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laborday beach

Statistically, our local market is holding up.  Average and median pricing will bounce around, but the number of August sales was decent.

The year-over-year sales increased on the lower end, but the total month-over-month decline was sharper this year.  Last year the total August sales were 9% lower than July, and this year they were -17%.

NSDCC Detached-Home Sales, August – Under $1.2M

Year
# of Sales
Avg. $/sf
Avg. DOM
Median SP
2012
210
$316
71
$736,750
2013
227
$381
33
$836,000
2014
144
$392
34
$840,000
2015
156
$380
32
$824,500

NSDCC Detached-Home Sales, August – Over $1.2M

Year
# of Sales
Avg. $/sf
Avg. DOM
Median SP
2012
88
$535
91
$1,956,050
2013
97
$570
56
$1,586,740
2014
102
$653
60
$1,662,500
2015
102
$613
65
$1,779,000

The affluence is astonishing – 926 houses have sold this year over $1,200,000!

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