Here’s the first quarter breakdown so you can see how your area compares with others:
NSDCC First Quarter Sales By Area
|Town or Area|
In yesterday’s 1Q history, there wasn’t any year that got down to a ratio of 2:1 new-listings-to-sales.
All of these except Del Mar are much stronger than 2:1!
The number of active listings is bleak, if you are a buyer, and glorious if you are a seller!
If we do get our regular seasonal increase in inventory over the next two months, it should goose sales even higher. The buyers who have been in the hunt but haven’t won a bidding war yet are highly motivated to get it done!