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With the low inventory and no foreclosures, buyers have given up on getting a great deal and are just hoping to get a quality house/location. No flood of listings is expected either, based on recent counts:

NSDCC Annual Inventory & Sales

Year
4Q # of Listings
Annual # of Listings
Annual # of Sales
Sales/Listings
2011
915
5,224
2,562
0.49
2012
761
4,416
3,154
0.71
2013
728
4,819
3,218
0.67
2014
762
4,696
2,851
0.61
2015
869
5,085
3,088
0.61
2016
839
5,186
3,108
0.60
2017
756
4,656
3,098
0.67
2018
869
4,856
2,815
0.58
2019
795
4,759
2,833
0.60

The 2019 inventory was right in between 2017 and 2018, and the fourth quarter was fairly quiet.

Will it get any better in 2020?

Total Listings, Jan 1-15:

2019: 213

2020: 169

There will be some listings coming onto the MLS that will be dated Jan 1-15, but not enough to catch last year’s number. But buyers should hang in there – we should see 800+ new NSDCC listings coming in February-March (we had 869 last year). If the February-March listings pop to 900+, the additional choices should ignite sales.

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