NSDCC January Listings

Written by Jim the Realtor

January 29, 2020

The national Pending-Sales Index was down last month (-5.4% in the West), and Yunnie was happy to point to the inventory shortage as one of the reasons. Our month isn’t over, but so far the shortage is real around here – we’re going to have trouble catching up with previous Januarys:

NSDCC New Listings in January:

Year
# of January Listings
Median List Price
2017
394
$1,499,900
2018
426
$1,686,000
2019
419
$1,650,000
2020
291
$1,893,900

You have probably noticed – sellers in 2020 aren’t being shy about price either!

1 Comment

  1. Jakob

    I’ve been tracking the same pattern of very low new listings countywide. For the last 5 months number of new listings have been down double digits, and Dec was a new record low going back to 2012. SDAR stats: http://sdar.stats.10kresearch.com/docs/mmi/x/report?src=page

    This is definitely going to pressure prices higher.

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