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Two articles were lost due to the change in blog hosts, so I’m re-posting this one!

We had two fewer business days than previous years, and we didn’t have a late flurry to get close to my estimate of 175 sales:

NSDCC May Sales & Pricing

Year
# of Sales
Avg $$/sf
Median SP
Median $$/sf
2016
334
$498/sf
$1,216,250
$415/sf
2017
346
$515/sf
$1,222,500
$431/sf
2018
274
$591/sf
$1,325,000
$480/sf
2019
296
$598/sf
$1,365,000
$501/sf
2020
139
$568/sf
$1,399,000
$488/sf

The 139 sales is a 53% drop YoY.  Pricing looks a little soft too, but rates under 3% should fix that.

June should do a little better, and with showings now higher than last year, July should be closer to normal.

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