As September wraps up, both buyers and sellers are wondering if they should pack it in for 2016. A logical question would be, “How does today’s market compare to the ‘selling season’ this year”?
During the 13 weeks of March, April, and May, we averaged 72 new pendings per week. For July, August, and September, we averaged 64 new pendings per week – including 68 this week and 69 last week!
Not much difference!
And that’s in spite of the fact that we hit the highest average list-price-per-sf of the year in all categories this week!
Click on the ‘Read More’ link below for the NSDCC active-inventory data:
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 |
Oct 27 |
128 |
$375/sf |
48 |
0sf |
Nov 3 |
128 |
$371/sf |
49 |
0sf |
Nov 10 |
126 |
$366/sf |
52 |
0sf |
Nov 17 |
115 |
$367/sf |
51 |
0sf |
Nov 24 |
122 |
$373/sf |
46 |
2,007sf |
Dec 1 |
113 |
$375/sf |
46 |
2,007sf |
Dec 8 |
113 |
$372/sf |
50 |
2,028sf |
Dec 15 |
108 |
$366/sf |
53 |
2,053sf |
Dec 22 |
101 |
$364/sf |
52 |
2,044sf |
Dec 29 |
92 |
$365/sf |
57 |
2,019sf |
Jan 5 |
84 |
$363/sf |
56 |
1,992sf |
Jan 12 |
88 |
$372/sf |
55 |
1,976sf |
Jan 19 |
86 |
$394/sf |
49 |
2,172sf |
Jan 26 |
81 |
$406/sf |
52 |
2,142sf |
Feb 2 |
87 |
$400/sf |
48 |
2,126sf |
Feb 9 |
83 |
$389/sf |
47 |
2,175sf |
Feb 16 |
77 |
$401/sf |
49 |
2,152sf |
Feb 23 |
77 |
$413/sf |
42 |
2,141sf |
Mar 2 |
70 |
$379/sf |
43 |
1,945sf |
Mar 9 |
65 |
$370/sf |
51 |
2,003sf |
Mar 16 |
69 |
$386/sf |
47 |
2,063sf |
Mar 23 |
84 |
$379/sf |
40 |
2,066sf |
Mar 30 |
79 |
$381/sf |
39 |
2,087sf |
Apr 6 |
81 |
$385/sf |
34 |
2,058sf |
Apr 13 |
65 |
$383/sf |
42 |
2,149sf |
Apr 20 |
71 |
$379/sf |
37 |
2,019sf |
Apr 27 |
75 |
$366/sf |
35 |
2,122sf |
May 4 |
69 |
$374/sf |
33 |
2,103sf |
May 11 |
72 |
$379/sf |
33 |
2,040sf |
May 18 |
81 |
$382/sf |
33 |
2,026sf |
May 25 |
79 |
$386/sf |
31 |
1,999sf |
June 1 |
85 |
$391/sf |
31 |
2,032sf |
June 8 |
89 |
$387/sf |
31 |
1,967sf |
June 15 |
97 |
$380/sf |
32 |
2,007sf |
June 22 |
98 |
$384/sf |
35 |
1,975sf |
June 29 |
94 |
$393/sf |
37 |
1,944sf |
July 6 |
101 |
$404/sf |
34 |
1,865sf |
July 13 |
116 |
$390/sf |
31 |
1,931sf |
July 20 |
115 |
$397/sf |
34 |
1,933sf |
July 27 |
105 |
$389/sf |
35 |
1,966sf |
Aug 3 |
104 |
$391/sf |
38 |
1,962sf |
Aug 10 |
95 |
$392/sf |
40 |
1,965sf |
Aug 17 |
94 |
$395/sf |
39 |
1,948sf |
Aug 24 |
88 |
$392/sf |
41 |
1,964sf |
Aug 31 |
97 |
$397/sf |
38 |
1,935sf |
Sep 7 |
103 |
$396/sf |
38 |
1,957sf |
Sep 14 |
94 |
$398/sf |
38 |
1,979sf |
Sep 21 |
94 |
$384/sf |
39 |
2,037sf |
Sep 28 |
90 |
$384/sf |
39 |
2,047sf |
Oct 5 |
93 |
$391/sf |
41 |
2,024sf |
Oct 12 |
91 |
$395/sf |
42 |
2,006sf |
Oct 19 |
93 |
$381/sf |
44 |
2,056sf |
Oct 26 |
87 |
$386/sf |
45 |
2,062sf |
Nov 2 |
91 |
$386/sf |
46 |
2,023sf |
Nov 9 |
87 |
$387/sf |
47 |
2,026sf |
Nov 16 |
76 |
$381/sf |
53 |
2,061sf |
Nov 23 |
77 |
$395/sf |
55 |
2,031sf |
Nov 30 |
70 |
$400/sf |
57 |
1,974sf |
Dec 7 |
65 |
$397/sf |
53 |
1.985sf |
Dec 14 |
62 |
$388/sf |
55 |
2,053sf |
Dec 21 |
59 |
$401/sf |
55 |
2,001sf |
Jan 4 |
58 |
$388/sf |
71 |
2,043sf |
Jan 11 |
55 |
$379/sf |
67 |
2,036sf |
Jan 18 |
50 |
$367/sf |
54 |
2,046sf |
Jan 25 |
57 |
$372/sf |
42 |
2,071sf |
Feb 1 |
59 |
$375/sf |
36 |
2,097sf |
Feb 8 |
49 |
$376/sf |
40 |
2,074sf |
Feb 15 |
58 |
$396/sf |
31 |
1,987sf |
Feb 22 |
56 |
$392/sf |
32 |
1,976sf |
Feb 29 |
50 |
$384/sf |
34 |
2,044sf |
Mar 7 |
49 |
$388/sf |
34 |
2,108sf |
Mar 21 |
37 |
$368/sf |
40 |
2,122sf |
Mar 28 |
41 |
$387/sf |
34 |
2,078sf |
Apr 4 |
34 |
$376/sf |
43 |
2,087sf |
Apr 11 |
37 |
$357/sf |
41 |
2,133sf |
Apr 18 |
39 |
$378/sf |
39 |
1,990sf |
Apr 25 |
26 |
$394/sf |
41 |
2,007sf |
May 2 |
33 |
$409/sf |
41 |
1,943sf |
May 9 |
35 |
$397/sf |
37 |
1,953sf |
May 16 |
40 |
$406/sf |
36 |
1,940sf |
May 23 |
40 |
$392/sf |
33 |
2,058sf |
May 30 |
43 |
$411/sf |
35 |
1,943sf |
Jun 6 |
45 |
$421/sf |
30 |
1,870sf |
Jun 13 |
50 |
$412/sf |
32 |
1,864sf |
Jun 20 |
48 |
$410/sf |
34 |
1,865sf |
Jun 27 |
50 |
$410/sf |
30 |
1,884sf |
Jul 4 |
57 |
$406/sf |
26 |
1,913sf |
Jul 11 |
59 |
$413/sf |
27 |
1,906sf |
Jul 18 |
62 |
$403/sf |
29 |
1,915sf |
Jul 25 |
61 |
$409/sf |
30 |
1,899sf |
Aug 1 |
53 |
$423/sf |
31 |
1,882sf |
Aug 8 |
62 |
$424/sf |
30 |
1,866sf |
Aug 15 |
60 |
$409/sf |
32 |
1,905sf |
Aug 22 |
67 |
$416/sf |
28 |
1,835sf |
Aug 29 |
63 |
$401/sf |
31 |
1,881sf |
Sep 5 |
62 |
$407/sf |
37 |
1,882sf |
Sep 12 |
63 |
$408/sf |
36 |
1,903sf |
Sep 19 |
52 |
$414/sf |
43 |
1,864sf |
Sep 26 |
54 |
$427/sf |
37 |
1,780sf |
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 |
Oct 27 |
301 |
$434/sf |
64 |
0sf |
Nov 3 |
293 |
$435/sf |
62 |
0sf |
Nov 10 |
286 |
$433/sf |
64 |
0sf |
Nov 17 |
275 |
$433/sf |
66 |
0sf |
Nov 24 |
256 |
$431/sf |
69 |
2,948sf |
Dec 1 |
253 |
$433/sf |
71 |
2,956sf |
Dec 8 |
247 |
$435/sf |
74 |
2,937sf |
Dec 15 |
241 |
$436/sf |
77 |
2,920sf |
Dec 22 |
221 |
$439/sf |
81 |
2,887sf |
Dec 29 |
200 |
$442/sf |
87 |
2,871sf |
Jan 5 |
181 |
$436/sf |
83 |
2,890sf |
Jan 12 |
182 |
$433/sf |
76 |
2,889sf |
Jan 19 |
193 |
$445/sf |
71 |
2,948sf |
Jan 26 |
189 |
$456/sf |
67 |
2,881sf |
Feb 2 |
202 |
$449/sf |
67 |
2,918sf |
Feb 9 |
208 |
$452/sf |
65 |
2,945sf |
Feb 16 |
211 |
$443/sf |
65 |
2,952sf |
Feb 23 |
203 |
$450/sf |
67 |
2,910sf |
Mar 2 |
200 |
$438/sf |
59 |
2,885sf |
Mar 9 |
222 |
$436/sf |
53 |
2,860sf |
Mar 16 |
221 |
$431/sf |
53 |
2,894sf |
Mar 23 |
206 |
$432/sf |
54 |
2,900sf |
Mar 30 |
202 |
$420/sf |
53 |
2,880sf |
Apr 6 |
206 |
$418/sf |
53 |
2,870sf |
Apr 13 |
220 |
$442/sf |
45 |
2,914sf |
Apr 20 |
228 |
$419/sf |
44 |
2,918sf |
Apr 27 |
244 |
$421/sf |
45 |
2,881sf |
May 4 |
252 |
$411/sf |
45 |
2,954sf |
May 11 |
252 |
$411/sf |
46 |
2,944sf |
May 18 |
259 |
$404/sf |
45 |
3,007sf |
May 25 |
263 |
$400/sf |
46 |
3,020sf |
June 1 |
275 |
$402/sf |
46 |
2,970sf |
June 8 |
268 |
$403/sf |
45 |
2,969sf |
June 15 |
271 |
$400/sf |
48 |
2,944sf |
June 22 |
276 |
$402/sf |
47 |
2,892sf |
June 29 |
278 |
$408/sf |
49 |
2,905sf |
July 6 |
283 |
$414/sf |
51 |
2,883sf |
July 13 |
302 |
$413/sf |
48 |
2,901sf |
July 20 |
309 |
$409/sf |
48 |
2,926sf |
July 27 |
301 |
$410/sf |
48 |
2,917sf |
Aug 3 |
292 |
$405/sf |
49 |
2,931sf |
Aug 10 |
297 |
$412/sf |
48 |
2,845sf |
Aug 17 |
291 |
$411/sf |
50 |
2,844sf |
Aug 24 |
283 |
$414/sf |
53 |
2,839sf |
Aug 31 |
286 |
$414/sf |
54 |
2,844sf |
Sep 7 |
278 |
$415/sf |
54 |
2,859sf |
Sep 14 |
286 |
$413/sf |
58 |
2,886sf |
Sep 21 |
283 |
$412/sf |
53 |
2,872sf |
Sep 28 |
277 |
$409/sf |
55 |
2,892sf |
Oct 5 |
278 |
$412/sf |
53 |
2,866sf |
Oct 12 |
267 |
$419/sf |
58 |
2,857sf |
Oct 19 |
276 |
$420/sf |
58 |
2,846sf |
Oct 26 |
269 |
$423/sf |
59 |
2,807sf |
Nov 2 |
251 |
$429/sf |
57 |
2,804sf |
Nov 9 |
250 |
$436/sf |
56 |
2,802sf |
Nov 16 |
234 |
$440/sf |
58 |
2,816sf |
Nov 23 |
225 |
$443/sf |
62 |
2,805sf |
Nov 30 |
210 |
$444/sf |
64 |
2,801sf |
Dec 7 |
208 |
$445/sf |
62 |
2,817sf |
Dec 14 |
193 |
$439/sf |
63 |
2,863sf |
Dec 21 |
189 |
$425/sf |
62 |
2,884sf |
Jan 4 |
170 |
$421/sf |
68 |
2,900sf |
Jan 11 |
171 |
$422/sf |
64 |
2,870sf |
Jan 18 |
190 |
$418/sf |
57 |
2,885sf |
Jan 25 |
190 |
$414/sf |
55 |
2,936sf |
Feb 1 |
186 |
$415/sf |
54 |
2,906sf |
Feb 8 |
184 |
$416/sf |
55 |
2,892sf |
Feb 15 |
180 |
$416/sf |
55 |
2,884sf |
Feb 22 |
178 |
$420/sf |
54 |
2,877sf |
Feb 29 |
177 |
$420/sf |
54 |
2,892sf |
Mar 7 |
207 |
$418/sf |
47 |
2,904sf |
Mar 21 |
207 |
$411/sf |
47 |
2,933sf |
Mar 28 |
205 |
$419/sf |
49 |
2,879sf |
Apr 4 |
220 |
$420/sf |
50 |
2,862sf |
Apr 11 |
235 |
$421/sf |
47 |
2,898sf |
Apr 18 |
228 |
$419/sf |
46 |
2,914sf |
Apr 25 |
246 |
$420/sf |
47 |
2,925sf |
May 2 |
247 |
$418/sf |
48 |
2,945sf |
May 9 |
233 |
$420/sf |
50 |
2,949sf |
May 16 |
247 |
$440/sf |
46 |
2,890sf |
May 23 |
246 |
$437/sf |
47 |
2,901sf |
May 30 |
247 |
$431/sf |
48 |
2,921sf |
Jun 6 |
242 |
$437/sf |
51 |
2,921sf |
Jun 13 |
246 |
$439/sf |
51 |
2,897sf |
Jun 20 |
247 |
$430/sf |
53 |
2,958sf |
Jun 27 |
266 |
$429/sf |
51 |
2,944sf |
Jul 4 |
279 |
$426/sf |
48 |
2,934sf |
Jul 11 |
269 |
$431/sf |
51 |
2,930sf |
Jul 18 |
276 |
$431/sf |
46 |
2,915sf |
Jul 25 |
286 |
$425/sf |
46 |
2,921sf |
Aug 1 |
285 |
$426/sf |
46 |
2,907sf |
Aug 8 |
287 |
$433/sf |
47 |
2,868sf |
Aug 15 |
274 |
$440/sf |
49 |
2,882sf |
Aug 22 |
272 |
$437/sf |
50 |
2,871sf |
Aug 29 |
257 |
$438/sf |
53 |
2,875sf |
Sep 5 |
261 |
$427/sf |
54 |
2,924sf |
Sep 12 |
277 |
$438/sf |
51 |
2,891sf |
Sep 19 |
274 |
$439/sf |
51 |
2,899sf |
Sep 26 |
271 |
$445/sf |
51 |
2,888sf |
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 |
Oct 27 |
262 |
$585/sf |
92 |
0sf |
Nov 3 |
262 |
$589/sf |
95 |
0sf |
Nov 10 |
247 |
$588/sf |
96 |
0sf |
Nov 17 |
240 |
$590/sf |
96 |
0sf |
Nov 24 |
234 |
$583/sf |
97 |
3,646sf |
Dec 1 |
224 |
$602/sf |
95 |
3,564sf |
Dec 8 |
221 |
$592/sf |
97 |
3,626sf |
Dec 15 |
213 |
$580/sf |
101 |
3,641sf |
Dec 22 |
198 |
$579/sf |
107 |
3,660sf |
Dec 29 |
189 |
$578/sf |
112 |
3,679sf |
Jan 5 |
177 |
$595/sf |
113 |
3,638sf |
Jan 12 |
184 |
$589/sf |
106 |
3,627sf |
Jan 19 |
183 |
$610/sf |
102 |
3,674sf |
Jan 26 |
185 |
$610/sf |
100 |
3,655sf |
Feb 2 |
182 |
$615/sf |
99 |
3,641sf |
Feb 9 |
192 |
$607/sf |
97 |
3,666sf |
Feb 16 |
208 |
$614/sf |
92 |
3,666sf |
Feb 23 |
201 |
$614/sf |
89 |
3,728sf |
Mar 2 |
198 |
$602/sf |
86 |
3,653sf |
Mar 9 |
208 |
$596/sf |
81 |
3,681sf |
Mar 16 |
208 |
$600/sf |
79 |
3,679sf |
Mar 23 |
211 |
$602/sf |
79 |
3,662sf |
Mar 30 |
208 |
$602/sf |
79 |
3,707sf |
Apr 6 |
210 |
$604/sf |
77 |
3,634sf |
Apr 13 |
218 |
$588/sf |
80 |
3,684sf |
Apr 20 |
225 |
$594/sf |
77 |
3,626sf |
Apr 27 |
224 |
$565/sf |
78 |
3,741sf |
May 4 |
229 |
$563/sf |
77 |
3,764sf |
May 11 |
237 |
$550/sf |
76 |
3,815sf |
May 18 |
242 |
$543/sf |
69 |
3,835sf |
May 25 |
248 |
$560/sf |
73 |
3,746sf |
June 1 |
239 |
$555/sf |
77 |
3,767sf |
June 8 |
252 |
$570/sf |
71 |
3,729sf |
June 15 |
260 |
$560/sf |
72 |
3,721sf |
June 22 |
276 |
$562/sf |
72 |
3,729sf |
June 29 |
283 |
$552/sf |
71 |
3,772sf |
July 6 |
271 |
$546/sf |
73 |
3,795sf |
July 13 |
274 |
$544/sf |
72 |
3,798sf |
July 20 |
276 |
$545/sf |
75 |
3,796sf |
July 27 |
283 |
$556/sf |
77 |
3,774sf |
Aug 3 |
284 |
$557/sf |
76 |
3,777sf |
Aug 10 |
291 |
$554/sf |
76 |
3,779sf |
Aug 17 |
298 |
$560/sf |
77 |
3,749sf |
Aug 24 |
301 |
$549/sf |
77 |
3,783sf |
Aug 31 |
294 |
$557/sf |
77 |
3,751sf |
Sep 7 |
283 |
$565/sf |
79 |
3,747sf |
Sep 14 |
274 |
$562/sf |
82 |
3,785sf |
Sep 21 |
277 |
$566/sf |
81 |
3,763sf |
Sep 28 |
268 |
$567/sf |
84 |
3,750sf |
Oct 5 |
265 |
$563/sf |
87 |
3,750sf |
Oct 12 |
259 |
$575/sf |
86 |
3,715sf |
Oct 19 |
257 |
$576/sf |
87 |
3,692sf |
Oct 26 |
251 |
$578/sf |
91 |
3,708sf |
Nov 2 |
233 |
$589/sf |
90 |
3,671sf |
Nov 9 |
226 |
$601/sf |
93 |
3,621sf |
Nov 16 |
223 |
$589/sf |
91 |
3,660sf |
Nov 23 |
231 |
$594/sf |
90 |
3,646sf |
Nov 30 |
225 |
$595/sf |
91 |
3,626sf |
Dec 7 |
217 |
$598/sf |
91 |
3,576sf |
Dec 14 |
211 |
$582/sf |
91 |
3,644sf |
Dec 21 |
203 |
$589/sf |
93 |
3,613sf |
Jan 4 |
189 |
$596/sf |
90 |
3,559sf |
Jan 11 |
191 |
$595/sf |
85 |
3,553sf |
Jan 18 |
207 |
$587/sf |
82 |
3,600sf |
Jan 25 |
220 |
$586/sf |
77 |
3,636sf |
Feb 1 |
223 |
$597/sf |
67 |
3,547sf |
Feb 8 |
234 |
$590/sf |
65 |
3,551sf |
Feb 15 |
234 |
$593/sf |
65 |
3,554sf |
Feb 22 |
250 |
$589/sf |
67 |
3,549sf |
Feb 29 |
248 |
$590/sf |
68 |
3,552sf |
Mar 7 |
254 |
$574/sf |
67 |
3,595sf |
Mar 21 |
261 |
$579/sf |
66 |
3,586sf |
Mar 28 |
264 |
$575/sf |
70 |
3,594sf |
Apr 4 |
272 |
$575/sf |
63 |
3,627sf |
Apr 11 |
260 |
$577/sf |
64 |
3,650sf |
Apr 18 |
257 |
$572/sf |
63 |
3,627sf |
Apr 25 |
273 |
$589/sf |
59 |
3,561sf |
May 2 |
283 |
$583/sf |
59 |
3,600sf |
May 9 |
292 |
$577/sf |
57 |
3,609sf |
May 16 |
295 |
$588/sf |
59 |
3,572sf |
May 23 |
300 |
$576/sf |
60 |
3,617sf |
May 30 |
301 |
$574/sf |
61 |
3,639sf |
Jun 6 |
296 |
$578/sf |
62 |
3,626sf |
Jun 13 |
315 |
$578/sf |
61 |
3,616sf |
Jun 20 |
344 |
$574/sf |
63 |
3,624sf |
Jun 27 |
339 |
$576/sf |
62 |
3,621sf |
Jul 4 |
335 |
$577/sf |
65 |
3,658sf |
Jul 11 |
325 |
$577/sf |
69 |
3,667sf |
Jul 18 |
335 |
$580/sf |
68 |
3,635sf |
Jul 25 |
339 |
$588/sf |
68 |
3,551sf |
Aug 1 |
328 |
$587/sf |
69 |
3,576sf |
Aug 8 |
324 |
$590/sf |
69 |
3,553sf |
Aug 15 |
324 |
$594/sf |
69 |
3,572sf |
Aug 22 |
306 |
$600/sf |
71 |
3,537sf |
Aug 29 |
312 |
$598/sf |
70 |
3,503sf |
Sep 5 |
308 |
$598/sf |
72 |
3,533sf |
Sep 12 |
306 |
$598/sf |
74 |
3,554sf |
Sep 19 |
303 |
$598/sf |
72 |
3,574sf |
Sep 26 |
287 |
$606/sf |
74 |
3,578sf |
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 |
Oct 27 |
376 |
$1,021/sf |
152 |
0sf |
Nov 3 |
368 |
$1,015/sf |
154 |
0sf |
Nov 10 |
367 |
$992/sf |
153 |
0sf |
Nov 17 |
357 |
$1,003/sf |
153 |
0sf |
Nov 24 |
348 |
$1,010/sf |
156 |
6,277sf |
Dec 1 |
333 |
$1,018/sf |
159 |
6,295sf |
Dec 8 |
325 |
$1,013/sf |
161 |
6,324sf |
Dec 15 |
316 |
$1,022/sf |
166 |
6,327sf |
Dec 22 |
303 |
$1,037/sf |
169 |
6,327sf |
Dec 29 |
295 |
$1,027/sf |
173 |
6,300sf |
Jan 5 |
275 |
$1,033/sf |
170 |
6,349sf |
Jan 12 |
272 |
$1,014/sf |
160 |
6,472sf |
Jan 19 |
281 |
$1,025/sf |
151 |
6,560sf |
Jan 26 |
294 |
$1,025/sf |
146 |
6,502sf |
Feb 2 |
291 |
$1,037/sf |
142 |
6,436sf |
Feb 9 |
300 |
$1,057/sf |
141 |
6,510sf |
Feb 16 |
307 |
$1,044/sf |
137 |
6,370sf |
Feb 23 |
312 |
$1,069/sf |
135 |
6,394sf |
Mar 2 |
316 |
$1,058/sf |
130 |
6,342sf |
Mar 9 |
309 |
$1,065/sf |
125 |
6,295sf |
Mar 16 |
319 |
$1,065/sf |
123 |
6,384sf |
Mar 23 |
334 |
$1,043/sf |
119 |
6,378sf |
Mar 30 |
341 |
$1,049/sf |
120 |
6,377sf |
Apr 6 |
337 |
$1,042/sf |
119 |
6,316sf |
Apr 13 |
346 |
$1,060/sf |
118 |
6,273sf |
Apr 20 |
347 |
$1,045/sf |
116 |
6,297sf |
Apr 27 |
349 |
$1,034/sf |
116 |
6,317sf |
May 4 |
361 |
$1,014/sf |
115 |
6,363sf |
May 11 |
370 |
$1,011/sf |
115 |
6,254sf |
May 18 |
360 |
$1,014/sf |
115 |
6,384sf |
May 25 |
383 |
$994/sf |
111 |
6,391sf |
June 1 |
384 |
$973/sf |
112 |
6,434sf |
June 8 |
391 |
$985/sf |
111 |
6,349sf |
June 15 |
390 |
$988/sf |
111 |
6,381sf |
June 22 |
401 |
0/sf |
111 |
0sf |
June 29 |
401 |
0/sf |
112 |
0sf |
July 6 |
399 |
0/sf |
117 |
0sf |
July 13 |
397 |
0/sf |
114 |
0sf |
July 20 |
401 |
0/sf |
116 |
0sf |
July 27 |
409 |
$0/sf |
116 |
0sf |
Aug 3 |
408 |
$0/sf |
119 |
0sf |
Aug 10 |
406 |
$0/sf |
118 |
0sf |
Aug 17 |
407 |
$0/sf |
119 |
0sf |
Aug 24 |
413 |
$0/sf |
122 |
0sf |
Aug 31 |
417 |
$0/sf |
124 |
0sf |
Sep 7 |
417 |
$0/sf |
125 |
0sf |
Sep 14 |
414 |
$0/sf |
126 |
0sf |
Sep 21 |
419 |
$0/sf |
126 |
0sf |
Sep 28 |
423 |
$0/sf |
127 |
0sf |
Oct 5 |
418 |
$0/sf |
127 |
0sf |
Oct 12 |
414 |
$0/sf |
127 |
0sf |
Oct 19 |
401 |
$0/sf |
131 |
0sf |
Oct 26 |
402 |
$0/sf |
133 |
0sf |
Nov 2 |
391 |
$1,001/sf |
133 |
6,273sf |
Nov 9 |
391 |
$1,002/sf |
132 |
6,295sf |
Nov 16 |
395 |
$0/sf |
131 |
0sf |
Nov 23 |
400 |
$0/sf |
133 |
0sf |
Nov 30 |
391 |
$0/sf |
137 |
0sf |
Dec 7 |
375 |
$1,015/sf |
140 |
6,365sf |
Dec 14 |
375 |
$1,018/sf |
142 |
6,333sf |
Dec 21 |
370 |
$1,026/sf |
144 |
6,267sf |
Jan 4 |
327 |
$1,051/sf |
151 |
6,389sf |
Jan 11 |
332 |
$1,041/sf |
142 |
6,332sf |
Jan 18 |
334 |
$1,050/sf |
138 |
6,221sf |
Jan 25 |
353 |
$1,018/sf |
132 |
6,210sf |
Feb 1 |
353 |
$1,026/sf |
130 |
6,186sf |
Feb 8 |
361 |
$1,012/sf |
124 |
6,219sf |
Feb 15 |
376 |
$984/sf |
122 |
6,232sf |
Feb 22 |
402 |
$971/sf |
120 |
6,156sf |
Feb 29 |
408 |
$960/sf |
120 |
6,141sf |
Mar 7 |
414 |
$956/sf |
120 |
6,085sf |
Mar 14 |
424 |
$934/sf |
117 |
6,065sf |
Mar 21 |
424 |
$931/sf |
116 |
6,085sf |
Mar 28 |
431 |
$0/sf |
114 |
0sf |
Apr 4 |
435 |
$0/sf |
112 |
0sf |
Apr 11 |
447 |
$0/sf |
112 |
0sf |
Apr 18 |
450 |
$0/sf |
115 |
0sf |
Apr 25 |
451 |
$0/sf |
115 |
0sf |
May 2 |
458 |
$0/sf |
116 |
0sf |
May 9 |
461 |
$0/sf |
118 |
0sf |
May 16 |
457 |
$0/sf |
114 |
0sf |
May 23 |
464 |
$0/sf |
115 |
0sf |
May 30 |
465 |
$0/sf |
115 |
0sf |
Jun 6 |
460 |
$0/sf |
116 |
0sf |
Jun 13 |
462 |
$0/sf |
118 |
0sf |
Jun 20 |
468 |
$0/sf |
116 |
0sf |
Jun 27 |
463 |
$0/sf |
119 |
0sf |
Jul 4 |
462 |
$0/sf |
114 |
0sf |
Jul 11 |
470 |
$0/sf |
113 |
0sf |
Jul 18 |
476 |
$0/sf |
115 |
0sf |
Jul 25 |
472 |
$0/sf |
116 |
0sf |
Aug 1 |
470 |
$0/sf |
118 |
0sf |
Aug 8 |
463 |
$0/sf |
116 |
0sf |
Aug 15 |
465 |
$0/sf |
119 |
0sf |
Aug 22 |
455 |
$0/sf |
120 |
0sf |
Aug 29 |
460 |
$0/sf |
122 |
0sf |
Sep 5 |
448 |
$0/sf |
121 |
0sf |
Sep 12 |
445 |
$0/sf |
128 |
0sf |
Sep 19 |
443 |
$0/sf |
129 |
0sf |
Sep 26 |
443 |
$0/sf |
129 |
0sf |
(The MLS is surpressing data) |
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 |
Oct 27 |
55 |
54 |
Nov 3 |
60 |
45 |
Nov 10 |
72 |
63 |
Nov 17 |
57 |
65 |
Nov 24 |
56 |
41 |
Dec 1 |
41 |
37 |
Dec 8 |
46 |
30 |
Dec 15 |
31 |
34 |
Dec 22 |
30 |
31 |
Dec 29 |
15 |
25 |
Jan 5 |
36 |
25 |
Jan 12 |
85 |
40 |
Jan 19 |
78 |
48 |
Jan 26 |
74 |
50 |
Feb 2 |
77 |
43 |
Feb 9 |
106 |
68 |
Feb 16 |
81 |
67 |
Feb 23 |
86 |
63 |
Mar 2 |
83 |
64 |
Mar 9 |
99 |
68 |
Mar 16 |
93 |
76 |
Mar 23 |
101 |
84 |
Mar 30 |
89 |
81 |
Apr 6 |
80 |
58 |
Apr 13 |
95 |
68 |
Apr 20 |
101 |
70 |
Apr 27 |
77 |
69 |
May 4 |
112 |
74 |
May 11 |
100 |
67 |
May 18 |
109 |
80 |
May 25 |
91 |
69 |
June 1 |
91 |
70 |
June 8 |
107 |
90 |
June 15 |
99 |
67 |
June 22 |
107 |
62 |
June 29 |
100 |
74 |
July 6 |
91 |
62 |
July 13 |
126 |
58 |
July 20 |
93 |
62 |
July 27 |
83 |
74 |
Aug 3 |
90 |
56 |
Aug 10 |
93 |
57 |
Aug 17 |
85 |
60 |
Aug 24 |
73 |
60 |
Aug 31 |
82 |
54 |
Sep 7 |
87 |
59 |
Sep 14 |
80 |
51 |
Sep 21 |
74 |
48 |
Sep 28 |
76 |
53 |
Oct 5 |
83 |
53 |
Oct 12 |
63 |
54 |
Oct 19 |
67 |
45 |
Oct 26 |
62 |
50 |
Nov 2 |
77 |
60 |
Nov 9 |
74 |
54 |
Nov 16 |
70 |
56 |
Nov 23 |
72 |
49 |
Nov 30 |
35 |
42 |
Dec 7 |
57 |
42 |
Dec 14 |
53 |
41 |
Dec 21 |
51 |
30 |
Dec 28 |
15 |
25 |
Jan 4 |
38 |
22 |
Jan 11 |
84 |
43 |
Jan 18 |
96 |
33 |
Jan 25 |
102 |
42 |
Feb 1 |
87 |
46 |
Feb 8 |
88 |
55 |
Feb 15 |
102 |
71 |
Feb 22 |
100 |
52 |
Feb 29 |
80 |
72 |
March 7 |
123 |
52 |
March 14 |
101 |
75 |
March 21 |
90 |
75 |
March 28 |
94 |
64 |
April 4 |
112 |
72 |
April 11 |
95 |
75 |
April 18 |
99 |
81 |
April 25 |
105 |
72 |
May 2 |
115 |
65 |
May 9 |
100 |
76 |
May 16 |
113 |
70 |
May 23 |
110 |
75 |
May 30 |
102 |
83 |
Jun 6 |
91 |
68 |
Jun 13 |
104 |
58 |
Jun 20 |
111 |
62 |
Jun 27 |
109 |
69 |
Jul 4 |
99 |
59 |
Jul 11 |
73 |
43 |
Jul 18 |
119 |
61 |
Jul 25 |
108 |
68 |
Aug 1 |
92 |
68 |
Aug 8 |
103 |
63 |
Aug 15 |
77 |
65 |
Aug 22 |
80 |
66 |
Aug 29 |
76 |
75 |
Sept 5 |
89 |
67 |
Sept 12 |
98 |
60 |
Sept 19 |
95 |
69 |
Sept 26 |
76 |
68 |
Jim is a long-time local realtor who comments daily here on his blog, bubbleinfo.com which began in September, 2005. Stick around!
I’d point at this chart, and make of it what you will:
http://charts.stocktwits.com/production/original_63378842.?1474869036
What I make of it is, sellers better sell. Don’t be precious about the price.
btw, chinese banks aren’t regulated like us. They can print money all the livelong day, and they do. The can pull all kinds of shady stuff that we can’t, and they do. They still own a crapload of our treasury notes. In 2008, if not for the Chinese, it would have been much more unpleasant.
btw, we usually have a stock market pullback every 3 years or so. We haven’t had one in 7 years. Also, Deutsche Bank is in trouble. If they go, the EU will have problems, which will reverberate around the world, imo:
https://mishtalk.com/2016/09/24/merkel-says-no-aid-for-deutsche-bank-depositor-bail-in-coming-up/
This is all “baseball talk” by an opinionated guy. I ain’t no expert, but things look funky to me. Remember when we didn’t used to have to be concerned about Chinese banks, or what was up with the Germans? Globalism rocks.
All that global stuff just makes people want to hunker down – good for our local real estate!
Speaking of weird stuff I notice… In LA, a company bought a house off of Sunset blvd, apparently, tore it down, and built a 4 story apartment building, using the entire lot, and harbors only two apartment units. It’s in a seedy part of town, built right next to a mobil gas station.
The picture windows feature views of the gas station, an Arby’s, and occasional homeless encampments. Rent for one of the two bed apts is almost $4K a month. I guess the first floor is for parking. Very bold move for the builder. I’ve seen other bold moves like this. This is just one example. It will be interesting to see how long it takes to rent this… fortress of solitude.
http://www.zillow.com/homes/for_rent/Los-Angeles-CA-90068/house,condo,apartment_duplex,mobile,townhouse_type/65242899_zpid/96049_rid/34.106679,-118.311993,34.093015,-118.326091_rect/15_zm/