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A slow start is guaranteed this year because the existing inventory is so picked over – and those sellers aren’t budging on price.  Instead, they are willing to wait…..and whether they realize it or not, they are waiting and hoping for new listings to hit the open market at prices that make their home/price look better.

It’s a big gamble in 2023.

Are the 2023 sellers going to list their home for a price that’s higher than those that have been languishing for the last 2-3 months?  Or for less?  If they are smart, they will list for less and getter done.

Either your list price is selling your house, or it’s selling the house down the street.

The $0 – $1,500,000 Market:

Date
NSDCC Active Listings
Avg. LP/sf
Avg. DOM
# of Pendings
Jan 2, 2023
22
$719/sf
75
15

The $1,500,000 – $2,000,000 Market:

Date
NSDCC Active Listings
Avg. LP/sf
Avg. DOM
# of Pendings
Jan 2, 2023
45
$809/sf
60
18

The $2,000,000 – $3,000,000 Market:

Date
NSDCC Active Listings
Avg. LP/sf
Avg. DOM
# of Pendings
Jan 2, 2023
52
$869/sf
69
30

The $3,000,000 – $4,000,000 Market:

Date
NSDCC Active Listings
Avg. LP/sf
Avg. DOM
# of Pendings
Jan 2, 2023
29
$1,236/sf
85
6

The $4,000,000+ Market:

Date
NSDCC Active Listings
Avg. LP/sf
Avg. DOM
# of Pendings
Jan 2, 2023
121
$1,744/sf
126
21

NSDCC Weekly New Listings and New Pendings

Week
New Listings
New Pendings
Total Actives
Total Pendings
Jan 2, 2023
11
6
263
89

For previous years, click here:

https://www.bubbleinfo.com/category/inventory/

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