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!

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