In an area of 300,000+ people, we only have TEN houses for sale priced under $800,000 – and there are only 118 priced between $800,000 and $1,400,000!

Is it greed, or just supply and demand? It would take something to disrupt the market to find out.  Buyers are already wondering about tax reform, and this could be a hurdle too – the Trump/Mueller saga. Protests are already being planned:

http://thereformedbroker.com/2017/12/09/the-market-shock-no-one-is-ready-for/

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
Nov 20
20
$405/sf
53
1,897sf
Nov 27
16
$407/sf
62
1,874sf
Dec 4
17
$435/sf
32
1,745sf
Dec 11
10
$408/sf
39
1,848sf

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
Nov 20
141
$485/sf
49
2,630sf
Nov 27
127
501/sf
54
2,601sf
Dec 4
116
$525/sf
55
2,557sf
Dec 11
118
$505/sf
53
2,590sf

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
Nov 20
246
$630/sf
65
3,404sf
Nov 27
237
$636/sf
70
3,407sf
Dec 4
224
$633/sf
74
3,410sf
Dec 11
218
$643/sf
73
3,409sf

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
Nov 20
369
$1,200/sf
125
5,882sf
Nov 27
359
$1,126/sf
127
5,986sf
Dec 4
343
$1,116/sf
127
6,008sf
Dec 11
338
$1,121/sf
131
6,017sf

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
Nov 20
46
60
Nov 27
23
37
Dec 4
45
39
Dec 11
49
41

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