NSDCC Over List, March

The trend of paying over the list price is increasing.

NSDCC Detached-Home Sales, % Closed Over List Price

January: 38%

February: 43%

March: 53%

Most sellers and agents are happy just to get 1% to 5% over list which will cover some or all of the commission. There were 22 of 244 (9%) that went double-digit over list. The big winners:

Most % Over List Price

List Price	Sales Price	Percentage Over List Price
$1,299,000	$1,655,000	27%
$989,000	$1,200,000	21%
$749,000	$900,000	20%
$1,325,000	$1,580,000	19%
$1,900,000	$2,255,551	19%
$1,535,000	$1,800,000	17%
$2,800,000	$3,200,000	16%
$2,198,000	$2,510,000	14%
$2,695,000	$3,075,000	14%

NSDCC Sales, March: 244 

Average List Price: $2,285,792

Average Sales Price: $2,252,883 (99%)

Median List Price: $1,788,500

Median Sales Price: $1,810,000 (101%)

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Over List By Price Point:

Under $1.0M: 6

$1.0M – $1.5M: 44

$1.5M – $2.0M: 39

$2.0M – $3.0M: 32

Over $3.0M: 8

A real bell curve there!

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

The most sales over list are happening right where you’d expect:

Most Sales Over List By Area:

SE Carlsbad, 92009: 32 of 41 sales were over list (78%).

Carmel Valley, 92130: 22 of 32 sales were over list (69%).

Encinitas, 92024: 24 of 41 sales were over list (59%).

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~