The graph above should give us all some guidance on where the 2024 market is going.
Sales are hanging tough though. There have been 117 NSDCC closings this month, so we should get close to the 165 sales we had last April. The median sales price is running +5% above last April too.
The $0 – $1,500,000 Market:
| Date |
NSDCC Active Listings |
Avg. LP/sf |
Avg. DOM |
# of Pendings |
| Jan 2, 2024 |
15 |
$724/sf |
49 |
23 |
| Jan 8 |
13 |
$645/sf |
58 |
19 |
| Jan 15 |
10 |
$664/sf |
55 |
15 |
| Jan 22 |
15 |
$750/sf |
36 |
15 |
| Jan 29 |
12 |
$834/sf |
36 |
21 |
| Feb 5 |
12 |
$784/sf |
38 |
23 |
| Feb 12 |
10 |
$818/sf |
30 |
22 |
| Feb 19 |
12 |
$731/sf |
17 |
21 |
| Feb 26 |
7 |
$725/sf |
26 |
21 |
| Mar 4 |
9 |
$763/sf |
23 |
21 |
| Mar 11 |
15 |
$742/sf |
14 |
17 |
| Mar 18 |
15 |
$697/sf |
16 |
21 |
| Mar 25 |
13 |
$846/sf |
19 |
22 |
| Apr 1 |
12 |
$897/sf |
22 |
20 |
| Apr 8 |
15 |
$869/sf |
37 |
22 |
| Apr 15 |
17 |
$811/sf |
16 |
25 |
| Apr 22 |
18 |
$829/sf |
16 |
23 |
The $1,500,000 – $2,000,000 Market:
| Date |
NSDCC Active Listings |
Avg. LP/sf |
Avg. DOM |
# of Pendings |
| Jan 2, 2024 |
20 |
$866/sf |
66 |
28 |
| Jan 8 |
23 |
$890/sf |
63 |
23 |
| Jan 15 |
32 |
$876/sf |
47 |
35 |
| Jan 22 |
35 |
$823/sf |
43 |
25 |
| Jan 29 |
38 |
$833/sf |
43 |
26 |
| Feb 5 |
39 |
$810/sf |
34 |
28 |
| Feb 12 |
32 |
$781/sf |
39 |
34 |
| Feb 19 |
33 |
$797/sf |
36 |
29 |
| Feb 26 |
33 |
$840/sf |
36 |
31 |
| Mar 4 |
39 |
$827/sf |
32 |
31 |
| Mar 11 |
30 |
$857/sf |
43 |
37 |
| Mar 18 |
34 |
$847/sf |
36 |
37 |
| Mar 25 |
34 |
$848/sf |
43 |
43 |
| Apr 1 |
23 |
$873/sf |
42 |
47 |
| Apr 8 |
30 |
$884/sf |
37 |
47 |
| Apr 15 |
32 |
$961/sf |
36 |
43 |
| Apr 22 |
36 |
$964/sf |
31 |
37 |
The $2,000,000 – $3,000,000 Market:
| Date |
NSDCC Active Listings |
Avg. LP/sf |
Avg. DOM |
# of Pendings |
| Jan 2, 2024 |
54 |
$1,046/sf |
65 |
34 |
| Jan 8 |
59 |
$1,034/sf |
57 |
30 |
| Jan 15 |
69 |
$1,094/sf |
44 |
35 |
| Jan 22 |
60 |
$1,108/sf |
42 |
45 |
| Jan 29 |
65 |
$1,126/sf |
41 |
48 |
| Feb 5 |
68 |
$1,120/sf |
31 |
50 |
| Feb 12 |
60 |
$1,123/sf |
34 |
56 |
| Feb 19 |
71 |
$1,130/sf |
29 |
56 |
| Feb 26 |
64 |
$1,138/sf |
30 |
61 |
| Mar 4 |
62 |
$1,202/sf |
33 |
55 |
| Mar 11 |
61 |
$1,211/sf |
29 |
62 |
| Mar 18 |
72 |
$1,143/sf |
32 |
53 |
| Mar 25 |
70 |
$1,101/sf |
31 |
64 |
| Apr 1 |
71 |
$1,049/sf |
31 |
63 |
| Apr 8 |
68 |
$1,076/sf |
31 |
63 |
| Apr 15 |
82 |
$1,058/sf |
33 |
55 |
| Apr 22 |
81 |
$1,066/sf |
38 |
62 |
The $3,000,000 – $4,000,000 Market:
| Date |
NSDCC Active Listings |
Avg. LP/sf |
Avg. DOM |
# of Pendings |
| Jan 2, 2024 |
33 |
$1,216/sf |
92 |
15 |
| Jan 8 |
37 |
$1,248/sf |
83 |
15 |
| Jan 15 |
42 |
$1,236/sf |
77 |
18 |
| Jan 22 |
43 |
$1,283/sf |
77 |
17 |
| Jan 29 |
42 |
$1,242/sf |
75 |
20 |
| Feb 5 |
36 |
$1,363/sf |
73 |
25 |
| Feb 12 |
40 |
$1,252/sf |
34 |
18 |
| Feb 19 |
47 |
$1,515/sf |
45 |
17 |
| Feb 26 |
50 |
$1,512/sf |
42 |
16 |
| Mar 4 |
50 |
$1,588/sf |
44 |
19 |
| Mar 11 |
50 |
$1,594/sf |
44 |
23 |
| Mar 18 |
60 |
$1,537/sf |
38 |
22 |
| Mar 25 |
59 |
$1,614/sf |
70 |
27 |
| Apr 1 |
62 |
$1,660/sf |
76 |
26 |
| Apr 8 |
65 |
$1,479/sf |
76 |
27 |
| Apr 15 |
72 |
$1,442/sf |
70 |
26 |
| Apr 22 |
70 |
$1,462/sf |
75 |
20 |
The $4,000,000+ Market:
| Date |
NSDCC Active Listings |
Avg. LP/sf |
Avg. DOM |
# of Pendings |
| Jan 2, 2024 |
139 |
$1,858/sf |
116 |
20 |
| Jan 8 |
151 |
$1,896/sf |
109 |
18 |
| Jan 15 |
157 |
$1,879/sf |
106 |
22 |
| Jan 22 |
159 |
$1,824/sf |
104 |
27 |
| Jan 29 |
162 |
$1,758/sf |
108 |
31 |
| Feb 5 |
162 |
$1,718/sf |
108 |
30 |
| Feb 12 |
154 |
$1,705/sf |
107 |
34 |
| Feb 19 |
168 |
$1,685/sf |
107 |
24 |
| Feb 26 |
175 |
$1,691/sf |
105 |
26 |
| Mar 4 |
166 |
$1,692/sf |
97 |
36 |
| Mar 11 |
178 |
$1,663/sf |
90 |
37 |
| Mar 18 |
179 |
$1,691/sf |
90 |
29 |
| Mar 25 |
177 |
$1,693/sf |
83 |
34 |
| Apr 1 |
176 |
$1,713/sf |
87 |
31 |
| Apr 8 |
177 |
$1,771/sf |
82 |
37 |
| Apr 15 |
179 |
$1,731/sf |
88 |
40 |
| Apr 22 |
183 |
$1,733/sf |
85 |
42 |
NSDCC Weekly New Listings and New Pendings
| Week |
New Listings |
New Pendings |
Total Actives |
Total Pendings |
| Jan 2, 2024 |
18 |
10 |
255 |
113 |
| Jan 8 |
43 |
12 |
278 |
100 |
| Jan 15 |
52 |
20 |
305 |
102 |
| Jan 22 |
50 |
29 |
308 |
122 |
| Jan 29 |
44 |
32 |
314 |
140 |
| Feb 5 |
44 |
33 |
312 |
149 |
| Feb 12 |
37 |
34 |
292 |
159 |
| Feb 19 |
53 |
24 |
326 |
143 |
| Feb 26 |
45 |
37 |
324 |
151 |
| Mar 4 |
52 |
45 |
332 |
166 |
| Mar 11 |
53 |
26 |
331 |
165 |
| Mar 18 |
62 |
32 |
355 |
159 |
| Mar 25 |
45 |
46 |
348 |
186 |
| Apr 1 |
37 |
42 |
340 |
183 |
| Apr 8 |
58 |
36 |
352 |
191 |
| Apr 15 |
58 |
29 |
378 |
184 |
| Apr 22 |
44 |
36 |
384 |
179 |
NSDCC List Price Quartiles
| Week |
1st Quartile |
Median List Price |
3rd Quartile |
| Jan 2, 2024 |
$2,549,888 |
$4,444,000 |
$8,350,000 |
| Jan 8 |
$2,572,444 |
$4,447,000 |
$8,097,500 |
| Jan 15 |
$2,499,000 |
$4,200,000 |
$7,950,000 |
| Jan 22 |
$2,429,000 |
$4,250,000 |
$7,450,000 |
| Jan 29 |
$2,399,000 |
$4,225,000 |
$7,495,000 |
| Feb 5 |
$2,398,000 |
$4,272,500 |
$7,495,000 |
| Feb 12 |
$2,499,800 |
$4,297,500 |
$7,495,000 |
| Feb 19 |
$2,499,400 |
$4,200,000 |
$6,972,500 |
| Feb 26 |
$2,649,400 |
$4,350,000 |
$7,300,000 |
| Mar 4 |
$2,525,000 |
$4,225,000 |
$7,149,500 |
| Mar 11 |
$2,649,000 |
$4,295,000 |
$7,495,000 |
| Mar 18 |
$2,500,000 |
$4,000,000 |
$6,750,000 |
| Mar 25 |
$2,680,000 |
$4,097,499 |
$6,750,000 |
| Apr 1 |
$2,785,000 |
$4,150,000 |
$6,999,999 |
| Apr 8 |
$2,680,000 |
$4,047,500 |
$6,999,000 |
| Apr 15 |
$2,570,000 |
$3,899,500 |
$6,797,500 |
| Apr 22 |
$2,499,000 |
$3,982,500 |
$6,495,000 |
Jim is a long-time local realtor who comments daily here on his blog, bubbleinfo.com which began in September, 2005. Stick around!
