Written by Jim the Realtor

February 12, 2021

When you look at the general data, the 25% dip year-over-year of January listings doesn’t look so bad – especially on a graph.  Heck, we’re in the middle of a pandemic!

But look how it is playing out:

NSDCC Detached-Home New Listings

Price Range New Listings in January # of Those Pend/Sold Pend/Sold Median DOM
Under $1.5M
85
75
5
Over $1.5M
189
98
6

The lower-end is smoking hot where virtually all listings have found a buyer (88%), and for the higher-end to have most of the January listings go pending already is astonishing!

This has to be the best performing market of all-time!

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1 Comment

  1. just some guy

    1.5 mil is such a psychological no go barrier for most people but considering how hot sales are under 1.5 mil……it won’t take but just a little push to break past it.

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