Almost one-third of last month's buyers paid over the list price.....for the fourth month in a row! Either sellers are being smart about pricing attractively, or a fair amount of the buyers and buyer-agents haven't gotten the memo about the tougher market conditions....
April is usually a contender for best statistical month of the year. In 2023, April lost out to May for the highest percentage of sales that closed over the list price, and last year's early start had March be the year's winner in the category - with April in a close...
The over-list sales in March were down YoY, but the sales and pricing are holding up. It's just more mellow? There were 46 sales that closed over their list price, and 76% of those were under $3,000,000. Statistically, the first quarter of 2025 looked a lot like it...
A nice pop in the percentage of sales closing over their list price - much like last February. Last year, the peak month was March, and then it dropped in half by summertime. NSDCC Monthly Sales & Pricing Sales last month didn't get close to last February, but the...
The local market isn't at the frenzy level, but can we at least call it stable? Last month there were 18% of the sales that closed over their list price. There were 41% of the sales that closed for at least $100,000 under their list price. If roughly 60% of the sales...
The buyer enthusiasm in the fourth quarter of 2024 was very impressive! The percentage of sales that closed over their list price increased each month, and the 4Q sales were up 27% year-over-year! NSDCC Monthly Sales & Pricing
Another month where the percentage of buyers who paid over the list price was around one out of five, while exactly HALF of the buyers paid at least $100,000 UNDER the list price! There were 11% of the sales where the listing agent also represented the buyer too....
The percentage of buyers who insist on paying above the list price has leveled out around 20% over the last three months. Even more interesting are those who pay $100,000+ OVER LIST when so many more are paying $100,000+ UNDER: PAID $100,000+ OVER LIST: 14 (8%) PAID...
There are so many signs that buyers don't have to pay over the list price Why do they keep doing it? Tired of waiting. Don't want to miss another one. Agent only knows to offer more. Listing agent gives them the impression that there are multiple offers. The softness...
The presidential election is less than 60 days away and even if one of the candidates is a clear winner at Tuesday's debate, the fight will get nasty from here on out. The distraction is likely to cause potential home buyers to want to wait-and-see. Thankfully, the...
