To gauge the frenzy intensity, let’s monitor the number of active and pending listings per area.
If the count of unsold homes starts to rise, we will know that pricing is becoming an issue.
NSDCC Actives and Pendings
|Town or Area|
We have 10% fewer active listings today than we had in the first week of February?
I’ll keep running this chart through the summer to help track the frenzy.