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2016-02-24 18.09.25

The first quarter of 2016 is wrapping up today!

We will examine it in a few ways – first let’s just check the sales count and MSP.

The sales that record today, plus the late-reporters, will increase the 2016 count, but we’re probably not going to get close to the 2015 number of sales, nor the median sales price.  This should be a common dilemma with 2016 stats – 2015 was so good, it will be hard to match it this year.

NSDCC 1st Quarter Stats

Year
Number of 1Q Sales
Median Sales Price
2011
553
$835,000
2012
577
$793,000
2013
672
$850,000
2014
581
$1,000,000
2015
629
$1,162,500
2016
532
$1,126,500

We will sell a similar number of houses this quarter as we did in 1Q12, when the median sales price was 42% lower.

The resilience is strong – people want a coastal house!

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