You may remember that July’s numbers were all negative when I reported them on August 11th.

However, we had a slew of late-reporters, and July wasn’t as bad as I thought – the closings over $2,000,000 were only down 14% YoY (instead of -38%).

LINK HERE for corrected July report.

Last month was better – the number of sales over $2,000,000 were +13% year-over-year!

NSDCC Detached-Home Sales, August:

Year
# Closed Sales
Avg $$/sf
Median $$/sf
Median SP
# of $2M Sales
2017
279
$549/sf
$452/sf
$1,245,000
63
2018
276
$534/sf
$467/sf
$1,320,000
60
2019
261
$589/sf
$500/sf
$1,360,000
68
Latest YoY
-5%
+10%
+7%
+3%
+13%

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Jim the Realtor
Jim is a long-time local realtor who comments daily here on his blog, bubbleinfo.com which began in September, 2005. Stick around!

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