
What does an uptick in both actives and pendings mean?
- The local market has finally succumbed to the trend of higher inventory and declining interest, or
- We’ve hit bottom!
After the beating the market has taken over the last 3-4 months, you’d think sellers would be discouraged and just wait until the 2023 Spring Selling Season. But where will mortgage rates be then?
The 50 new NSDCC listings in the last week were the most since the week of August 15th, but nineteen of those had been on the market previously and were ‘refreshed’. So this probably isn’t the flood of inventory that could change everything. Or is it?

The $0 – $1,500,000 Market:
Date |
NSDCC Active Listings |
Avg. LP/sf |
Avg. DOM |
# of Pendings |
Jan 3, 2022 |
9 |
$832/sf |
35 |
36 |
Jan 10 |
9 |
$766/sf |
28 |
29 |
Jan 17 |
13 |
$773/sf |
26 |
27 |
Jan 24 |
9 |
$818/sf |
15 |
29 |
Jan 31 |
14 |
$752/sf |
14 |
31 |
Feb 7 |
13 |
$774/sf |
12 |
32 |
Feb 14 |
11 |
$826/sf |
12 |
35 |
Feb 21 |
7 |
$889/sf |
17 |
38 |
Feb 28 |
12 |
$888/sf |
17 |
33 |
Mar 7 |
9 |
$1,017/sf |
21 |
33 |
Mar 14 |
14 |
$847/sf |
18 |
31 |
Mar 21 |
8 |
$912/sf |
26 |
36 |
Mar 28 |
10 |
$914/sf |
25 |
28 |
Apr 4 |
10 |
$782/sf |
33 |
34 |
Apr 11 |
19 |
$733/sf |
21 |
36 |
Apr 18 |
16 |
$795/sf |
28 |
34 |
Apr 25 |
18 |
$891/sf |
27 |
30 |
May 2 |
22 |
$822/sf |
23 |
31 |
May 9 |
24 |
$887/sf |
17 |
46 |
May 16 |
25 |
$783/sf |
22 |
25 |
May 23 |
29 |
$782/sf |
23 |
29 |
May 30 |
30 |
$782/sf |
24 |
28 |
Jun 6 |
34 |
$763/sf |
25 |
28 |
Jun 13 |
33 |
$802/sf |
29 |
29 |
Jun 20 |
48 |
$774/sf |
28 |
22 |
Jun 27 |
43 |
$755/sf |
32 |
22 |
Jul 4 |
49 |
$757/sf |
33 |
23 |
Jul 11 |
56 |
$757/sf |
35 |
22 |
Jul 18 |
51 |
$741/sf |
38 |
24 |
Jul 25 |
53 |
$755/sf |
38 |
22 |
Aug 1 |
46 |
$736/sf |
36 |
29 |
Aug 8 |
43 |
$746/sf |
41 |
32 |
Aug 15 |
37 |
$775/sf |
37 |
34 |
Aug 22 |
36 |
$766/sf |
41 |
33 |
Aug 29 |
34 |
$750/sf |
40 |
39 |
Sep 5 |
28 |
$717/sf |
50 |
31 |
Sep 12 |
31 |
$736/sf |
52 |
29 |
Sep 19 |
32 |
$753/sf |
36 |
27 |
Sep 26 |
31 |
$726/sf |
39 |
28 |
Oct 3 |
34 |
$733/sf |
34 |
22 |
Oct 10 |
30 |
$729/sf |
36 |
27 |
Oct 17 |
36 |
$725/sf |
36 |
23 |
Oct 24 |
39 |
$723/sf |
39 |
24 |
The $1,500,000 – $2,000,000 Market:
Date |
NSDCC Active Listings |
Avg. LP/sf |
Avg. DOM |
# of Pendings |
Jan 3, 2022 |
8 |
$842/sf |
52 |
36 |
Jan 10 |
13 |
$751/sf |
28 |
29 |
Jan 17 |
16 |
$736/sf |
33 |
27 |
Jan 24 |
16 |
$801/sf |
17 |
27 |
Jan 31 |
15 |
$696/sf |
14 |
34 |
Feb 7 |
15 |
$765/sf |
17 |
34 |
Feb 14 |
10 |
$726/sf |
19 |
38 |
Feb 21 |
19 |
$715/sf |
15 |
39 |
Feb 28 |
9 |
$660/sf |
12 |
46 |
Mar 7 |
16 |
$789/sf |
15 |
46 |
Mar 14 |
17 |
$837/sf |
8 |
44 |
Mar 21 |
18 |
$867/sf |
11 |
43 |
Mar 28 |
14 |
$838/sf |
15 |
48 |
Apr 4 |
18 |
$762/sf |
25 |
42 |
Apr 11 |
23 |
$774/sf |
15 |
39 |
Apr 18 |
22 |
$792/sf |
17 |
41 |
Apr 25 |
18 |
$810/sf |
20 |
41 |
May 2 |
27 |
$809/sf |
17 |
37 |
May 9 |
33 |
$837/sf |
17 |
46 |
May 16 |
39 |
$793/sf |
19 |
44 |
May 23 |
43 |
$793/sf |
22 |
44 |
May 30 |
36 |
$843/sf |
23 |
36 |
Jun 6 |
43 |
$817/sf |
23 |
41 |
Jun 13 |
49 |
$845/sf |
24 |
42 |
Jun 20 |
57 |
$817/sf |
24 |
41 |
Jun 27 |
75 |
$807/sf |
24 |
35 |
Jul 4 |
70 |
$827/sf |
27 |
33 |
Jul 11 |
71 |
$812/sf |
30 |
38 |
Jul 18 |
74 |
$793/sf |
32 |
35 |
Jul 25 |
83 |
$787/sf |
34 |
29 |
Aug 1 |
81 |
$780/sf |
35 |
31 |
Aug 8 |
76 |
$796/sf |
40 |
30 |
Aug 15 |
80 |
$789/sf |
42 |
38 |
Aug 22 |
78 |
$801/sf |
46 |
38 |
Aug 29 |
81 |
$811/sf |
51 |
40 |
Sep 5 |
82 |
$795/sf |
50 |
31 |
Sep 12 |
78 |
$796/sf |
53 |
29 |
Sep 19 |
73 |
$818/sf |
47 |
34 |
Sep 26 |
75 |
$795/sf |
45 |
33 |
Oct 3 |
75 |
$826/sf |
42 |
31 |
Oct 10 |
69 |
$853/sf |
45 |
27 |
Oct 17 |
73 |
$841/sf |
46 |
22 |
Oct 24 |
72 |
$857/sf |
45 |
27 |
The $2,000,000 – $3,000,000 Market:
Date |
NSDCC Active Listings |
Avg. LP/sf |
Avg. DOM |
# of Pendings |
Jan 3, 2022 |
18 |
$1,080/sf |
127 |
43 |
Jan 10 |
23 |
$1,038/sf |
85 |
37 |
Jan 17 |
26 |
$1,044/sf |
80 |
41 |
Jan 24 |
28 |
$1,015/sf |
37 |
42 |
Jan 31 |
22 |
$949/sf |
38 |
47 |
Feb 7 |
26 |
$919/sf |
29 |
42 |
Feb 14 |
22 |
$997/sf |
37 |
49 |
Feb 21 |
21 |
$966/sf |
33 |
54 |
Feb 28 |
26 |
$905/sf |
32 |
57 |
Mar 7 |
29 |
$922/sf |
28 |
57 |
Mar 14 |
20 |
$852/sf |
26 |
58 |
Mar 21 |
17 |
$928/sf |
26 |
60 |
Mar 28 |
34 |
$927/sf |
12 |
65 |
Apr 4 |
32 |
$927/sf |
20 |
69 |
Apr 11 |
44 |
$910/sf |
17 |
62 |
Apr 18 |
48 |
$997/sf |
19 |
66 |
Apr 25 |
42 |
$1,092/sf |
18 |
73 |
May 2 |
54 |
$995/sf |
19 |
70 |
May 9 |
61 |
$910/sf |
20 |
73 |
May 16 |
64 |
$977/sf |
22 |
69 |
May 23 |
82 |
$953/sf |
25 |
59 |
May 30 |
78 |
$951/sf |
27 |
56 |
Jun 6 |
94 |
$963/sf |
27 |
58 |
Jun 13 |
98 |
$961/sf |
28 |
70 |
Jun 20 |
91 |
$935/sf |
32 |
59 |
Jun 27 |
111 |
$894/sf |
30 |
60 |
Jul 4 |
112 |
$910/sf |
33 |
60 |
Jul 11 |
122 |
$912/sf |
34 |
56 |
Jul 18 |
103 |
$893/sf |
39 |
68 |
Jul 25 |
108 |
$883/sf |
40 |
63 |
Aug 1 |
110 |
$887/sf |
41 |
58 |
Aug 8 |
124 |
$941/sf |
39 |
50 |
Aug 15 |
114 |
$945/sf |
45 |
51 |
Aug 22 |
123 |
$948/sf |
42 |
46 |
Aug 29 |
125 |
$938/sf |
46 |
45 |
Sep 5 |
116 |
$948/sf |
48 |
38 |
Sep 12 |
110 |
$908/sf |
49 |
43 |
Sep 19 |
108 |
$928/sf |
50 |
46 |
Sep 26 |
106 |
$926/sf |
51 |
45 |
Oct 3 |
103 |
$941/sf |
50 |
46 |
Oct 10 |
109 |
$987/sf |
50 |
42 |
Oct 17 |
103 |
$969/sf |
50 |
45 |
Oct 24 |
100 |
$953/sf |
52 |
51 |
The $3,000,000 – $4,000,000 Market:
Date |
NSDCC Active Listings |
Avg. LP/sf |
Avg. DOM |
# of Pendings |
Jan 3, 2022 |
19 |
$1,230/sf |
90 |
26 |
Jan 10 |
22 |
$1,210/sf |
76 |
25 |
Jan 17 |
19 |
$1,207/sf |
86 |
23 |
Jan 24 |
17 |
$1,129/sf |
92 |
24 |
Jan 31 |
21 |
$1,172/sf |
70 |
22 |
Feb 7 |
19 |
$1,169/sf |
67 |
25 |
Feb 14 |
19 |
$1,234/sf |
65 |
28 |
Feb 21 |
21 |
$1,279/sf |
69 |
28 |
Feb 28 |
22 |
$1,214/sf |
64 |
25 |
Mar 7 |
27 |
$1,295/sf |
60 |
24 |
Mar 14 |
27 |
$1,201/sf |
65 |
27 |
Mar 21 |
23 |
$1,282/sf |
69 |
31 |
Mar 28 |
25 |
$1,253/sf |
67 |
30 |
Apr 4 |
30 |
$1,199/sf |
61 |
27 |
Apr 11 |
32 |
$1,174/sf |
62 |
31 |
Apr 18 |
33 |
$1,216/sf |
68 |
31 |
Apr 25 |
33 |
$1,219/sf |
63 |
33 |
May 2 |
37 |
$1,164/sf |
50 |
36 |
May 9 |
33 |
$1,132/sf |
57 |
32 |
May 16 |
40 |
$1,119/sf |
53 |
32 |
May 23 |
40 |
$1,135/sf |
57 |
27 |
May 30 |
40 |
$1,178/sf |
61 |
28 |
Jun 6 |
43 |
$1,224/sf |
56 |
28 |
Jun 13 |
48 |
$1,184/sf |
52 |
28 |
Jun 20 |
52 |
$1,117/sf |
53 |
26 |
Jun 27 |
60 |
$1,120/sf |
51 |
19 |
Jul 4 |
55 |
$1,127/sf |
58 |
23 |
Jul 11 |
68 |
$1,140/sf |
47 |
26 |
Jul 18 |
66 |
$1,206/sf |
52 |
25 |
Jul 25 |
65 |
$1,200/sf |
54 |
26 |
Aug 1 |
59 |
$1,191/sf |
60 |
26 |
Aug 8 |
58 |
$1,209/sf |
63 |
22 |
Aug 15 |
59 |
$1,166/sf |
62 |
21 |
Aug 22 |
57 |
$1,163/sf |
60 |
28 |
Aug 29 |
53 |
$1,168/sf |
64 |
31 |
Sep 5 |
48 |
$1,157/sf |
67 |
25 |
Sep 12 |
50 |
$1,215/sf |
67 |
27 |
Sep 19 |
46 |
$1,196/sf |
74 |
26 |
Sep 26 |
42 |
$1,200/sf |
82 |
20 |
Oct 3 |
42 |
$1,216/sf |
78 |
20 |
Oct 10 |
38 |
$1,154/sf |
62 |
18 |
Oct 17 |
34 |
$1,171/sf |
73 |
20 |
Oct 24 |
41 |
$1,148/sf |
69 |
14 |
The $4,000,000+ Market:
Date |
NSDCC Active Listings |
Avg. LP/sf |
Avg. DOM |
# of Pendings |
Jan 3, 2022 |
100 |
$1,884/sf |
128 |
30 |
Jan 10 |
105 |
$1,864/sf |
113 |
29 |
Jan 17 |
109 |
$1,763/sf |
110 |
34 |
Jan 24 |
105 |
$2,130/sf |
114 |
42 |
Jan 31 |
102 |
$2,114/sf |
118 |
53 |
Feb 7 |
109 |
$2,000/sf |
108 |
50 |
Feb 14 |
108 |
$2,005/sf |
109 |
47 |
Feb 21 |
113 |
$2,008/sf |
103 |
43 |
Feb 28 |
111 |
$1,991/sf |
101 |
47 |
Mar 7 |
115 |
$1,904/sf |
91 |
39 |
Mar 14 |
121 |
$1,893/sf |
95 |
43 |
Mar 21 |
116 |
$1,905/sf |
97 |
44 |
Mar 28 |
104 |
$1,966/sf |
97 |
59 |
Apr 4 |
103 |
$1,929/sf |
97 |
56 |
Apr 11 |
106 |
$1,906/sf |
97 |
55 |
Apr 18 |
108 |
$1,874/sf |
100 |
51 |
Apr 25 |
116 |
$1,829/sf |
97 |
38 |
May 2 |
117 |
$1,781/sf |
95 |
32 |
May 9 |
116 |
$1,831/sf |
96 |
36 |
May 16 |
124 |
$1,854/sf |
91 |
39 |
May 23 |
125 |
$1,855/sf |
92 |
36 |
May 30 |
129 |
$1,706/sf |
93 |
39 |
Jun 6 |
131 |
$1,740/sf |
89 |
33 |
Jun 13 |
132 |
$1,793/sf |
86 |
38 |
Jun 20 |
148 |
$1,772/sf |
84 |
35 |
Jun 27 |
153 |
$1,779/sf |
87 |
29 |
Jul 4 |
155 |
$1,777/sf |
82 |
25 |
Jul 11 |
164 |
$1,759/sf |
85 |
26 |
Jul 18 |
170 |
$1,740/sf |
86 |
26 |
Jul 25 |
178 |
$1,701/sf |
84 |
27 |
Aug 1 |
180 |
$1,696/sf |
85 |
28 |
Aug 8 |
173 |
$1,715/sf |
91 |
24 |
Aug 15 |
168 |
$1,746/sf |
89 |
32 |
Aug 22 |
160 |
$1,718/sf |
92 |
29 |
Aug 29 |
165 |
$1,732/sf |
93 |
28 |
Sep 5 |
162 |
$1,745/sf |
95 |
26 |
Sep 12 |
152 |
$1,715/sf |
96 |
29 |
Sep 19 |
155 |
$1,727/sf |
97 |
28 |
Sep 26 |
157 |
$1,728/sf |
97 |
27 |
Oct 3 |
150 |
$1,701/sf |
96 |
27 |
Oct 10 |
153 |
$1,711/sf |
103 |
29 |
Oct 17 |
152 |
$1,675/sf |
101 |
25 |
Oct 24 |
156 |
$1,697/sf |
102 |
24 |
NSDCC Weekly New Listings and New Pendings
Week |
New Listings |
New Pendings |
Total Actives |
Total Pendings |
Jan 3, 2022 |
17 |
14 |
152 |
164 |
Jan 10 |
39 |
18 |
167 |
142 |
Jan 17 |
34 |
29 |
179 |
145 |
Jan 24 |
41 |
40 |
173 |
157 |
Jan 31 |
43 |
40 |
173 |
182 |
Feb 7 |
43 |
38 |
179 |
179 |
Feb 14 |
44 |
49 |
168 |
193 |
Feb 21 |
51 |
38 |
180 |
197 |
Feb 28 |
39 |
39 |
179 |
205 |
Mar 7 |
54 |
37 |
191 |
195 |
Mar 14 |
48 |
51 |
195 |
196 |
Mar 21 |
39 |
46 |
178 |
207 |
Mar 28 |
53 |
50 |
185 |
224 |
Apr 4 |
46 |
40 |
190 |
220 |
Apr 11 |
61 |
39 |
221 |
213 |
Apr 18 |
41 |
46 |
224 |
212 |
Apr 25 |
50 |
43 |
224 |
205 |
May 2 |
76 |
37 |
256 |
196 |
May 9 |
59 |
46 |
262 |
207 |
May 16 |
78 |
48 |
286 |
200 |
May 23 |
61 |
42 |
312 |
192 |
May 30 |
54 |
44 |
307 |
183 |
Jun 6 |
70 |
31 |
338 |
183 |
Jun 13 |
60 |
41 |
354 |
202 |
Jun 20 |
71 |
25 |
388 |
177 |
Jun 27 |
73 |
26 |
433 |
159 |
Jul 4 |
55 |
39 |
432 |
158 |
Jul 11 |
55 |
24 |
471 |
161 |
Jul 18 |
49 |
35 |
459 |
168 |
Jul 25 |
60 |
20 |
480 |
158 |
Aug 1 |
55 |
35 |
473 |
161 |
Aug 8 |
40 |
32 |
466 |
151 |
Aug 15 |
51 |
32 |
451 |
168 |
Aug 22 |
43 |
29 |
445 |
166 |
Aug 29 |
43 |
27 |
449 |
175 |
Sep 5 |
31 |
22 |
432 |
144 |
Sep 12 |
38 |
22 |
415 |
151 |
Sep 19 |
45 |
26 |
405 |
155 |
Sep 26 |
45 |
27 |
402 |
149 |
Oct 3 |
46 |
19 |
396 |
143 |
Oct 10 |
40 |
26 |
391 |
140 |
Oct 17 |
37 |
19 |
393 |
134 |
Oct 24 |
50 |
26 |
402 |
139 |