Inventory Watch

Written by Jim the Realtor

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August 4, 2025

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After months of chaos and no relief from high mortgage rates, how many of us thought the pendings count would be higher today – in August – than it was at this time last year?

Maybe it’s a delayed response after Liberation Day caused the dip in April?

The increase in the active listings is still spread across all price points too:

There are plenty of choices and rates might get a little better. Are we due for a mini-rally over the next few weeks before the fourth quarter deep freeze arrives?

The $0 – $2,000,000 Market:

Date	NSDCC Active Listings	Avg. LP/sf	Avg. DOM	# of Pendings
Jan 6, 2025	43	$918/sf	63	27
Jan 13	45	$936/sf	53	22
Jan 20	47	$908/sf	54	25
Jan 27	48	$904/sf	48	32
Feb 3	51	$914/sf	47	41
Feb 10	45	$935/sf	46	45
Feb 17	45	$916/sf	46	46
Feb 24	45	$958/sf	48	40
Mar 3	50	$950/sf	37	42
Mar 10	55	$908/sf	36	45
Mar 17	53	$891/sf	35	50
Mar 24	53	$898/sf	30	51
Mar 31	58	$878/sf	35	44
Apr 7	56	$867/sf	30	43
Apr 14	63	$906/sf	32	40
Apr 21	59	$936/sf	35	37
Apr 28	74	$899/sf	32	39
May 5	83	$907/sf	30	47
May 12	72	$916/sf	34	44
May 19	70	$898/sf	38	51
May 26	74	$923/sf	39	43
Jun 2	76	$912/sf	39	36
Jun 9	87	$939/sf	38	36
Jun 16	83	$922/sf	41	48
Jun 23	89	$930/sf	46	52
Jun 30	96	$938/sf	42	57
Jul 7	83	$944/sf	45	63
Jul 14	94	$910/sf	47	53
Jul 21	104	$897/sf	45	49
Jul 28	102	$882/sf	48	51
Aug 4	106	$858/sf	50	47

The $2,000,000 – $3,000,000 Market:

Date	NSDCC Active Listings	Avg. LP/sf	Avg. DOM	# of Pendings
Jan 6, 2025	55	$1,029/sf	66	36
Jan 13	58	$990/sf	63	31
Jan 20	64	$1,018/sf	57	26
Jan 27	64	$1,025/sf	53	31
Feb 3	71	$1,009/sf	50	31
Feb 10	75	$1,005/sf	46	36
Feb 17	81	$1,015/sf	44	39
Feb 24	80	$1,012/sf	38	52
Mar 3	80	$1,034/sf	33	49
Mar 10	92	$1,029/sf	37	44
Mar 17	98	$1,015/sf	39	44
Mar 24	98	$1,008/sf	41	52
Mar 31	100	$997/sf	44	54
Apr 7	94	$940/sf	43	54
Apr 14	96	$962/sf	42	53
Apr 21	107	$1,000/sf	43	53
Apr 28	109	$1,010/sf	44	49
May 5	124	$1,036/sf	40	50
May 12	120	$1,041/sf	43	57
May 19	133	$1,034/sf	43	49
May 26	133	$1,055/sf	47	53
Jun 2	140	$1,039/sf	48	51
Jun 9	149	$1,042/sf	45	45
Jun 16	157	$1,043/sf	46	44
Jun 23	163	$1,028/sf	45	43
Jun 30	156	$1,030/sf	45	46
Jul 7	144	$1,048/sf	47	46
Jul 14	156	$1,023/sf	46	45
Jul 21	154	$1,018/sf	45	54
Jul 28	149	$1,021/sf	50	56
Aug 4	144	$1,031/sf	48	60

The $3,000,000 – $4,000,000 Market:

Date	NSDCC Active Listings	Avg. LP/sf	Avg. DOM	# of Pendings
Jan 6, 2025	44	$1,091/sf	82	19
Jan 13	46	$1,122/sf	77	19
Jan 20	52	$1,156/sf	70	16
Jan 27	49	$1,197/sf	67	20
Feb 3	56	$1,182/sf	55	21
Feb 10	58	$1,158/sf	51	25
Feb 17	58	$1,179/sf	54	24
Feb 24	56	$1,168/sf	52	24
Mar 3	51	$1,147/sf	56	31
Mar 10	56	$1,240/sf	61	34
Mar 17	60	$1,209/sf	61	36
Mar 24	60	$1,209/sf	62	39
Mar 31	62	$1,158/sf	64	34
Apr 7	68	$1,208/sf	59	34
Apr 14	79	$1,193/sf	55	26
Apr 21	85	$1,230/sf	54	28
Apr 28	85	$1,198/sf	53	28
May 5	82	$1,179/sf	56	28
May 12	89	$1,148/sf	53	30
May 19	88	$1,161/sf	56	28
May 26	85	$1,157/sf	58	26
Jun 2	81	$1,162/sf	58	22
Jun 9	89	$1,146/sf	58	21
Jun 16	95	$1,107/sf	56	17
Jun 23	101	$1,146/sf	58	18
Jun 30	102	$1,192/sf	56	24
Jul 7	102	$1,176/sf	55	21
Jul 14	108	$1,174/sf	55	20
Jul 21	105	$1,212/sf	57	17
Jul 28	114	$1,211/sf	55	16
Aug 4	111	$1,221/sf	56	15

The $4,000,000+ Market:

Date	NSDCC Active Listings	Avg. LP/sf	Avg. DOM	# of Pendings
Jan 6, 2025	160	$1,822/sf	105	27
Jan 13	156	$1,868/sf	105	31
Jan 20	170	$1,936/sf	95	29
Jan 27	180	$1,877/sf	90	31
Feb 3	189	$1,884/sf	85	31
Feb 10	189	$1,864/sf	88	29
Feb 17	192	$1,875/sf	90	32
Feb 24	195	$1,869/sf	91	34
Mar 3	200	$1,860/sf	87	34
Mar 10	213	$1,811/sf	83	36
Mar 17	208	$1,755/sf	85	30
Mar 24	211	$1,800/sf	86	25
Mar 31	213	$1,784/sf	90	32
Apr 7	219	$1,777/sf	90	33
Apr 14	230	$1,790/sf	87	35
Apr 21	231	$1,792/sf	87	32
Apr 28	235	$1,772/sf	88	28
May 5	239	$1,811/sf	82	30
May 12	239	$1,811/sf	85	33
May 19	255	$1,773/sf	85	29
May 26	265	$1,759/sf	87	24
Jun 2	242	$1,745/sf	90	29
Jun 9	244	$1,774/sf	90	33
Jun 16	254	$1,766/sf	88	34
Jun 23	265	$1,787/sf	91	30
Jun 30	260	$1,786/sf	92	40
Jul 7	257	$1,720/sf	95	41
Jul 14	250	$1,749/sf	101	45
Jul 21	249	$1,738/sf	102	44
Jul 28	249	$1,731/sf	104	47
Aug 4	245	$1,748/sf	106	46

NSDCC Weekly New Listings and New Pendings

Week	New Listings	New Pendings	Total Actives	Total Pendings
Jan 6	27	11	298	108
Jan 13	38	26	301	101
Jan 20	55	16	328	95
Jan 27	60	32	337	113
Feb 3	72	28	363	123
Feb 10	50	34	364	135
Feb 17	50	29	373	140
Feb 24	58	38	374	148
Mar 3	60	31	378	152
Mar 10	60	30	411	156
Mar 17	49	37	413	157
Mar 24	57	39	414	164
Mar 31	47	27	425	162
Apr 7	52	31	431	162
Apr 14	70	28	462	153
Apr 21	58	24	478	148
Apr 28	71	30	501	143
May 5	82	37	524	154
May 12	56	39	516	163
May 19	54	20	543	156
May 26	58	29	554	146
Jun 2	41	22	535	138
Jun 9	62	25	566	134
Jun 16	68	32	585	142
Jun 23	65	26	612	142
Jun 30	55	37	608	166
Jul 7	43	31	580	169
Jul 14	74	24	601	159
Jul 21	71	37	607	159
Jul 28	46	38	608	166
Aug 4	47	31	603	165

NSDCC List Price Quartiles

Week	1st Quartile	Median List Price	3rd Quartile
Jan 6	$2,685,000	$4,472,500	$7,995,000
Jan 13	$2,499,000	$4,250,000	$7,750,000
Jan 20	$2,695,000	$4,300,000	$7,767,000
Jan 27	$2,795,000	$4,498,000	$7,995,000
Feb 3	$2,695,000	$4,350,000	$7,499,000
Feb 10	$2,799,000	$4,299,000	$7,695,000
Feb 17	$2,695,000	$4,200,000	$7,750,000
Feb 24	$2,699,500	$4,250,000	$7,645,000
Mar 3	$2,550,000	$4,375,000	$7,497,000
Mar 10	$2,500,000	$4,200,000	$7,250,000
Mar 17	$2,500,000	$4,000,000	$6,995,000
Mar 24	$2,595,000	$4,047,500	$7,275,000
Mar 31	$2,499,000	$4,000,000	$7,300,000
Apr 7	$2,500,000	$4,000,000	$6,995,000
Apr 14	$2,500,000	$3,999,000	$6,995,000
Apr 21	$2,590,000	$3,995,000	$6,799,500
Apr 28	$2,490,000	$3,988,000	$6,500,000
May 5	$2,395,000	$3,795,000	$6,495,000
May 12	$2,495,000	$3,895,000	$6,500,000
May 19	$2,495,000	$3,950,000	$6,595,000
May 26	$2,495,000	$3,984,500	$6,547,500
Jun 2	$2,395,000	$3,799,000	$6,295,500
Jun 9	$2,300,000	$3,649,000	$5,998,500
Jun 16	$2,395,000	$3,649,000	$5,999,000
Jun 23	$2,395,000	$3,649,500	$5,999,500
Jun 30	$2,300,000	$3,598,500	$5,999,000
Jul 7	$2,395,000	$3,695,500	$6,100,000
Jul 14	$2,350,000	$3,550,000	$5,999,000
Jul 21	$2,300,000	$3,550,000	$5,995,000
Jul 28	$2,349,000	$3,575,000	$5,995,000
Aug 4	$2,299,949	$3,550,000	$5,995,000