Written by Jim the Realtor

May 9, 2020

Last month’s sales count is stalling out. Right now the year-over-year change is -42%:

NSDCC April Sales & Pricing

Year
# of Sales
Avg $$/sf
Median SP
2017
279
$535/sf
$1,282,131
2018
272
$569/sf
$1,285,225
2019
265
$583/sf
$1,375,000
2020
153
$547/sf
$1,390,000

Pricing looks ok but most decisions were done prior to virus impact. The ones with wrong prices (or wouldn’t re-negotiate) are the ones that dropped out.

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Jim Klinge
Klinge Realty Group

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