It’s March! How are we doing?
We’ve considered a 2:1 ratio of active-to-pending listings to be a sign of a healthy market. Though pricing is much higher than in the recent past, we’re under 3.0 is all but the highest-end areas:
Here are the Actives/Pendings stats for each area:
The first half of 2018 was very active, so just to stay close would be a win.
Sales in January caught up with last year’s count, and the year-over-year February sales are stronger than expected too – we had MORE sales in 2019! (updated later on March 1st)
NSDCC Closed Sales:
Pricing is soft, but close enough for now.