February sales have been fairly uniform as pricing marches higher – it’s almost as if pricing doesn’t matter:

NSDCC February Sales & Pricing

Year
# of Sales
Avg $$/sf
Median SP
Median $$/sf
2013
188
$399/sf
$887,500
$334/sf
2014
180
$487/sf
$927,500
$378/sf
2015
171
$519/sf
$1,100,000
$425/sf
2016
139
$560/sf
$1,150,000
$410/sf
2017
173
$508/sf
$1,265,000
$426/sf
2018
165
$572/sf
$1,293,010
$498/sf
2019
176
$536/sf
$1,275,000
$459/sf
2020
179
$640/sf
$1,375,000
$516/sf

Don’t we fondly remember 2013, when pricing was 40% to 50% lower? It’s seems like yesterday!

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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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