Can we get a feel for the action yet? Here’s just a small sample of what’s happening so far – a comparison to previous years of how many new listings have hit the MLS (most are re-freshed):
NSDCC New Listings, First Ten Days
Year | |||
2013 | |||
2014 | |||
2015 | |||
2016 | |||
2017 |
No flood of new listings yet, though there will be some late-reporters that should bring the 2017 total into the 130s. But so far, it looks like more of the same conditions – tight inventory!
The median sales price is what happened eventually to these early listings. Look at the gaps between the MLP and the MSP – you can see how optimistic sellers come out, only to find that buyers didn’t go for it in the new year either.