Today, let’s judge our market purely by the number of sales.
Sales are the precursor of where the market is going.
NSDCC Monthly Sales, Jan 1 – Apr 30
2024: 570
2025: 578
There have been 166 closings this month so far, and with one day to go plus the late-reporters, the April sales should equal last year’s 189 sales (reflected in the graph). It will boost the 2025 sales to around 600, which will be a +5% increase above 2024.
Given all the turbulence, that’s pretty good!
Let’s take it a step further and note that there are 155 pendings currently.
The closed sales in the next month or two might be a little light, but still healthy.
If the monthly sales dropped off to 130 or less in the coming 3-4 months, then I’ll be looking for the panic button. Until then, it is hand-to-hand combat every day on the streets bringing buyers and sellers together!
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