The chart above shows that there were 61 new NSDCC pendings through January 16th last year – when mortgage rates were in the low-3s and we were in full frenzy mode.
Through the 18th, there are 62 new pendings this month!
We are on about the same pace as last year? Who woulda thunk it?
NSDCC Active Listings:
January 17, 2022
1st Quartile: $2,773,500
2nd Quartile (median): $5,100,000
3rd Quartile: $9,922,500
Today:
1st quartile: $2,000,000
Median: $3,690,000
3rd quartile: $6,820,000
More of the high-enders either sold or gave up.
And the value of using quartiles is obvious.