The graph above is boring this time of year, so I added my predictions in the lighter colors.  I’m figuring that the Fed will be relentless and the higher rates in the second half of the year will cause the pricing gap between sellers and buyers to be tougher to bridge.

It’s because there will be some decent sales in April and May that keep sellers optimistic that the perfect buyers are coming tomorrow….or next week….or well, heck, let’s just wait until 2024.

Here is the graph from last year:

For our contest participants, there are 120 new listings this month – and we’ve had 36 new listings every week for the last three weeks. It means our contest should wind up around 170-180 listings?

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
Jan 9	26	$687/sf	50	14
Jan 16	23	$701/sf	52	20
Jan 23	25	$751/sf	60	21

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
Jan 9	55	$828/sf	53	19
Jan 16	46	$838/sf	53	30
Jan 23	43	$793/sf	52	31

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
Jan 9	57	$940/sf	66	31
Jan 16	50	$948/sf	61	36
Jan 23	51	$949/sf	58	35

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
Jan 9	29	$1,180/sf	80	5
Jan 16	31	$1,196/sf	73	8
Jan 23	33	$1,201/sf	71	7

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
Jan 9	119	$1,716/sf	123	20
Jan 16	120	$1,761/sf	121	26
Jan 23	122	$1,707/sf	119	27

NSDCC Weekly New Listings and New Pendings

Week	New Listings	New Pendings	Total Actives	Total Pendings
Jan 2, 2023	11	6	263	89
Jan 9	36	15	277	88
Jan 16	36	34	266	114
Jan 23	36	22	269	116

For previous years, click here:

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