Lagoon house

Our 39 new pendings this past week was the lowest count since January 9th, even though the inventory increased in every category!

The tax-reform talk and the Qualcomm takeover may have caused buyers to pause – but the politicians should water down their tax proposal to get it passed this year, and the BoD of Qualcomm has rejected the takeover bid.

We should see a bit of a surge this week before more people shut it down for the holidays!

The UNDER-$800,000 Market:

Date	NSDCC Active Listings	Avg. LP/sf	DOM	Avg SF
Nov 7	41	$402/sf	35	1,960sf
Nov 14	37	$405/sf	33	1,903sf
Nov 21	32	$403/sf	35	1,913sf
Nov 28	31	$411/sf	37	1,851sf
Dec 5	42	$420/sf	41	1,868sf
Dec 12	35	$417/sf	32	1,877sf
Dec 19	30	$412/sf	39	1,887sf
Dec 26	29	$430/sf	39	1,850sf
Jan 2	26	$415/sf	42	1,926sf
Jan 9	33	$425/sf	30	1,872sf
Jan 16	31	$429/sf	32	1,815sf
Jan 23	24	$470/sf	36	1,802sf
Jan 30	25	$469/sf	36	1,775sf
Feb 6	34	$478/sf	24	1,685sf
Feb 13	33	$467/sf	22	1,765sf
Feb 20	38	$455/sf	29	1,791sf
Feb 27	29	$479/sf	33	1,673sf
Mar 6	32	$458/sf	22	1,777sf
Mar 13	26	$470/sf	28	1,772sf
Mar 20	19	$462/sf	32	1,807sf
Mar 27	21	$438/sf	24	1,837sf
Apr 3	26	$433/sf	21	1,790sf
Apr 10	28	$423/sf	28	1,823sf
Apr 17	35	$418/sf	28	1,809sf
Apr 24	29	$423/sf	33	1,789sf
May 1	29	$433/sf	35	1,759sf
May 8	29	$422/sf	37	1,855sf
May 15	26	$409/sf	36	1,922sf
May 22	32	$427/sf	31	1,825sf
May 29	35	$448/sf	27	1,791sf
Jun 5	27	$451/sf	35	1,748sf
Jun 12	31	$441/sf	31	1,752sf
Jun 19	23	$444/sf	34	1,739sf
Jun 26	21	$431/sf	37	1,802sf
Jul 3	21	$442/sf	41	1,719sf
Jul 10	27	$456/sf	37	1,685sf
Jul 17	25	$435/sf	37	1,825sf
Jul 24	28	$441/sf	32	1,829sf
Jul 31	20	$422/sf	49	1,830sf
Aug 7	34	$421/sf	37	1,875sf
Aug 14	35	$421/sf	40	1,806sf
Aug 21	39	$428/sf	39	1,804sf
Aug 28	38	$423/sf	35	1,815sf
Sept 4	34	$412/sf	32	1,869sf
Sept 11	26	$418/sf	42	1,862sf
Sept 18	29	$442/sf	33	1,750sf
Sept 25	28	$441/sf	33	1,749sf
Oct 2	24	$427/sf	40	1,786sf
Oct 9	22	$416/sf	45	1,843sf
Oct 16	21	$425/sf	47	1,807sf
Oct 23	17	$443/sf	41	1,713sf
Oct 30	19	$459/sf	40	1,637sf
Nov 6	21	$453/sf	38	1,663sf
Nov 13	23	$431/sf	41	1,791sf

The $800,000 – $1,400,000 Market:

Date	NSDCC Active Listings	Avg. LP/sf	DOM	Avg SF
Nov 7	226	$432/sf	51	2,880sf
Nov 14	225	$439/sf	52	2,868sf
Nov 21	219	$445/sf	54	2,857sf
Nov 28	207	$439/sf	59	2,879sf
Dec 5	216	$433/sf	64	2,933sf
Dec 12	200	$443/sf	59	2,880sf
Dec 19	184	$452/sf	61	2,843sf
Dec 26	169	$452/sf	67	2,866sf
Jan 2	153	$464/sf	66	2,802sf
Jan 9	157	$457/sf	61	2,781sf
Jan 16	158	$452/sf	58	2,783sf
Jan 23	153	$463/sf	59	2,745sf
Jan 30	149	$458/sf	56	2,812sf
Feb 6	151	$468/sf	52	2,730sf
Feb 13	160	$457/sf	49	2,776sf
Feb 20	147	$453/sf	52	2,849sf
Feb 27	138	$461/sf	54	2,792sf
Mar 6	148	$470/sf	51	2,803sf
Mar 13	163	$471/sf	46	2,731sf
Mar 20	166	$472/sf	44	2,734sf
Mar 27	163	$460/sf	44	2,775sf
Apr 3	174	$465/sf	37	2,739sf
Apr 10	168	$470/sf	37	2,690sf
Apr 17	165	$467/sf	40	2,726sf
Apr 24	169	$463/sf	39	2,727sf
May 1	175	$462/sf	38	2,784sf
May 8	168	$483/sf	42	2,758sf
May 15	177	$474/sf	42	2,782sf
May 22	186	$465/sf	38	2,873sf
May 29	202	$517/sf	37	2,787sf
Jun 5	220	$519/sf	35	2,788sf
Jun 12	213	$518/sf	40	2,817sf
Jun 19	205	$527/sf	43	2,832sf
Jun 26	219	$530/sf	42	2,772sf
Jul 3	227	$531/sf	43	2,771sf
Jul 10	215	$542/sf	46	2,734sf
Jul 17	222	$533/sf	46	2,747sf
Jul 24	219	$530/sf	49	2,785sf
Jul 31	216	$518/sf	52	2,800sf
Aug 7	213	$510/sf	49	2,795sf
Aug 14	212	$522/sf	47	2,735sf
Aug 21	200	$516/sf	46	2,740sf
Aug 28	210	$511/sf	43	2,703sf
Sept 4	195	$524/sf	42	2,685sf
Sept 11	202	$474/sf	43	2,715sf
Sept 18	183	$473/sf	43	2,712sf
Sept 25	179	$476/sf	43	2,682sf
Oct 2	171	$489/sf	44	2,655sf
Oct 9	161	$495/sf	43	2,633sf
Oct 16	160	$493/sf	43	2,636sf
Oct 23	161	$497/sf	44	2,621sf
Oct 30	160	$498/sf	46	2,610sf
Nov 6	142	$501/sf	50	2,654sf
Nov 13	153	$501/sf	49	2,650sf

The $1,400,000 – $2,400,000 Market:

Date	NSDCC Active Listings	Avg. LP/sf	DOM	Avg SF
Nov 7	245	$587/sf	82	3,646sf
Nov 14	246	$583/sf	82	3,639sf
Nov 21	241	$585/sf	80	3,649sf
Nov 28	235	$595/sf	86	3,587sf
Dec 5	235	$583/sf	88	3,631sf
Dec 12	221	$588/sf	91	3,616sf
Dec 19	204	$583/sf	89	3,667sf
Dec 26	191	$583/sf	94	3,681sf
Jan 2	171	$587/sf	93	3,647sf
Jan 9	175	$590/sf	90	3,651sf
Jan 16	184	$585/sf	84	3,671sf
Jan 23	196	$596/sf	80	3,657sf
Jan 30	203	$601/sf	79	3,639sf
Feb 6	209	$625/sf	76	3,555sf
Feb 13	217	$642/sf	76	3,500sf
Feb 20	221	$634/sf	73	3,504sf
Feb 27	217	$636/sf	73	3,468sf
Mar 6	228	$636/sf	69	3,445sf
Mar 13	229	$637/sf	69	3,442sf
Mar 20	232	$615/sf	65	3,485sf
Mar 27	233	$613/sf	65	3,497sf
Apr 3	234	$614/sf	64	3,505sf
Apr 10	235	$621/sf	65	3,466sf
Apr 17	242	$618/sf	67	3,462sf
Apr 24	263	$604/sf	65	3,497sf
May 1	265	$600/sf	67	3,486sf
May 8	250	$615/sf	65	3,449sf
May 15	241	$617/sf	66	3,448sf
May 22	259	$618/sf	63	3,476sf
May 29	265	$627/sf	69	3,465sf
Jun 5	268	$605/sf	64	3,515sf
Jun 12	278	$611/sf	65	3,504sf
Jun 19	276	$607/sf	69	3,535sf
Jun 26	278	$607/sf	70	3,535sf
Jul 3	275	$620/sf	71	3,505sf
Jul 10	277	$619/sf	73	3,497sf
Jul 17	272	$622/sf	69	3,509sf
Jul 24	271	$620/sf	72	3,539sf
Jul 31	267	$621/sf	69	3,498sf
Aug 7	259	$620/sf	69	3,515sf
Aug 14	251	$617/sf	70	3,509sf
Aug 21	246	$621/sf	70	3,514sf
Aug 28	244	$633/sf	71	3,524sf
Sept 4	231	$597/sf	68	3,646sf
Sept 11	236	$610/sf	65	3,572sf
Sept 18	241	$610/sf	64	3,563sf
Sept 25	242	$620/sf	64	3,548sf
Oct 2	237	$622/sf	64	3,560sf
Oct 9	251	$624/sf	61	3,509sf
Oct 16	252	$616/sf	61	3,507sf
Oct 23	261	$623/sf	61	3,476sf
Oct 30	252	$624/sf	62	3,476sf
Nov 6	257	$628/sf	61	3,443sf
Nov 13	258	$626/sf	62	3,442sf

The OVER-$2,400,000 Market:

Date	NSDCC Active Listings	Avg. LP/sf	DOM	Avg SF
Nov 7	418	$0/sf	136	0sf
Nov 14	418	$0/sf	136	0sf
Nov 21	415	$0/sf	140	0sf
Nov 28	415	$0/sf	143	0sf
Nov 28	415	$0/sf	143	0sf
Dec 5	410	$0/sf	140	0sf
Dec 12	398	$979/sf	143	6,264sf
Dec 19	380	$992/sf	147	6,259sf
Dec 26	373	$991/sf	152	6,304sf
Jan 2	344	$987/sf	148	6,342sf
Jan 9	347	$985/sf	146	6,333sf
Jan 16	355	$945/sf	140	6,317sf
Jan 23	359	$988/sf	138	6,251sf
Jan 30	367	$969/sf	139	6,350sf
Feb 6	380	$975/sf	131	6,252sf
Feb 13	394	$0/sf	131	0sf
Feb 20	400	$0/sf	125	0sf
Feb 27	395	$0/sf	128	0sf
Mar 6	387	$0/sf	129	0sf
Mar 13	389	$1,050/sf	120	6,116sf
Mar 20	385	$1,044/sf	122	6,211sf
Mar 27	382	$1,047/sf	124	6,237sf
Apr 3	383	$1,046/sf	120	6,227sf
Apr 10	386	$0/sf	120	0sf
Apr 17	395	$0/sf	118	0sf
Apr 24	414	$0/sf	110	0sf
May 1	426	$0/sf	108	0sf
May 8	444	$0/sf	110	0sf
May 15	432	$0/sf	112	0sf
May 22	431	$0/sf	109	0sf
May 29	435	$0/sf	111	0sf
Jun 5	424	$0/sf	114	0sf
Jun 12	432	$0/sf	116	0sf
Jun 19	437	$0/sf	118	0sf
Jun 26	435	$0/sf	117	0sf
Jul 3	437	$0/sf	117	0sf
Jul 10	429	$0/sf	118	0sf
Jul 17	435	$0/sf	115	0sf
Jul 24	440	$0/sf	115	0sf
Jul 31	444	$0/sf	115	0sf
Aug 7	438	$0/sf	116	0sf
Aug 14	435	$0/sf	119	0sf
Aug 21	430	$0/sf	117	0sf
Aug 28	429	$0/sf	118	0sf
Sept 4	401	$0/sf	119	0sf
Sept 11	399	$1,132/sf	122	5908sf
Sept 18	404	$0/sf	123	0sf
Sept 25	403	$0/sf	122	0sf
Oct 2	392	$1,152/sf	123	5,811sf
Oct 9	383	$1,159/sf	124	5,913sf
Oct 16	376	$1,167/sf	126	5,867sf
Oct 23	373	$1,171/sf	127	5,852sf
Oct 30	374	$1,178/sf	128	5,901sf
Nov 6	374	$1,180/sf	125	5,924sf
Nov 13	379	$1,187/sf	123	5,879sf

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
Oct 3	78	69
Oct 10	75	46
Oct 17	92	60
Oct 24	79	50
Oct 31	59	54
Nov 7	65	44
Nov 14	75	45
Nov 21	63	52
Nov 28	31	34
Dec 5	86	47
Dec 12	46	41
Dec 19	45	58
Dec 26	21	26
Jan 2	35	22
Jan 9	73	38
Jan 16	98	46
Jan 23	74	59
Jan 30	65	43
Feb 6	101	55
Feb 13	89	55
Feb 20	92	57
Feb 27	66	73
Mar 6	102	66
Mar 13	99	59
Mar 20	93	82
Mar 27	82	60
Apr 3	104	70
Apr 10	96	83
Apr 17	99	69
Apr 24	106	68
May 1	111	88
May 8	96	94
May 15	93	80
May 22	104	60
May 29	112	93
Jun 5	100	71
Jun 12	98	71
Jun 19	81	60
Jun 26	86	48
Jul 3	88	65
Jul 10	80	55
Jul 17	109	64
Jul 24	86	61
Jul 31	90	75
Aug 7	99	71
Aug 14	76	65
Aug 21	83	62
Aug 28	96	60
Sept 4	74	71
Sept 11	81	42
Sept 18	77	47
Sept 25	67	59
Oct 2	71	61
Oct 9	96	63
Oct 16	72	51
Oct 23	64	42
Oct 30	55	43
Nov 6	84	49
Nov 13	81	39

1 Comment

franklin Jones on November 13, 2017 at 10:45 am

Inventory still low on both under 800K and up to 1.4…good time to buy in the “unknown” especially if you have cash or making a large down payment…rates which are the key are still very low and might dip in the next couple of weeks. This is a window for smart buyers to take advantage of .

Still when the reality has to sink that people need a place to live, even in the depression of the 1920’s people still need a place to live…are they gonna rent forever…not gonna happen, people will adjust because they want some type of “control” over their lives and living space.

What I do see if a slowdown occurs is less units being built and more people wanting to live here..if you think the housing crisis is bad…look at the population projections for 2020 or 2025…no way, that amount of housing is gonna be built.

Inventory Watch

1 Comment

Jim Klinge

Klinge Realty Group

Broker-Associate, Compass

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