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While it feels like the inventory-less frenzy, there have been enough houses coming to market to set a new record for the number of 1Q sales:
NSDCC Sales, First Quarter
Year |
New Listings |
Closed Sales, 1Q |
Median Sales Price |
Median DOM |
2012 |
479 |
230 |
$811,750 |
76 |
2013 |
1,290 |
422 |
$842,950 |
39 |
2014 |
1,234 |
576 |
$1,008,750 |
54 |
2015 |
1,318 |
634 |
$1,160,400 |
54 |
2016 |
1,448 |
572 |
$1,124,500 |
56 |
2017 |
1,296 |
604 |
$1,175,000 |
52 |
2018 |
1,230 |
569 |
$1,323,000 |
19 |
2019 |
1,278 |
535 |
$1,290,000 |
27 |
2020 |
1,081 |
572 |
$1,420,500 |
24 |
2021 |
939 |
661 |
$1,800,000 |
14 |
The MEDIAN SALES PRICE HAS GONE UP 27% during the covid era!
Jim is a long-time local realtor who comments daily here on his blog, bubbleinfo.com which began in September, 2005. Stick around!
The NSDCC 1Q median sales price has gone up 40% in two years!
That was an awesome auction video