by Jim the Realtor | Mar 4, 2022 | 2022, Frenzy, Over List |
The market is heating up fast and early this year! The majority of home buyers paid over the list price in February, and these were decisions mostly made in January:
NSDCC Detached-Home Sales, % Closed Over List Price
January: 38%
February: 43%
March: 53%
April: 55%
May: 54%
June: 59%
July: 64%
August: 55%
September: 41%
October: 45%
November: 48%
December: 48%
January: 49%
February: 60%
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Even though the 2022 listings count for the first two months of the year is 33% BELOW the count in 2021, sales are only 16% under the average for the last five years:
NSDCC January + February Sales
2017: 174 + 172 = 346
2018: 149 + 162 = 311
2019: 150 + 174 = 324
2020: 182 + 184 = 366
2021: 187 + 224 = 411
2022: 140 + 156 = 296
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
NSDCC Average and Median Prices
| Month |
# of Sales |
Avg. LP |
Avg. SP |
Median LP |
Median SP |
| Feb |
224 |
$2,298,797 |
$2,257,334 |
$1,719,500 |
$1,758,000 |
| March |
252 |
$2,295,629 |
$2,260,524 |
$1,800,000 |
$1,825,000 |
| April |
357 |
$2,396,667 |
$2,403,962 |
$1,799,900 |
$1,828,000 |
| May |
300 |
$2,596,992 |
$2,581,715 |
$1,900,000 |
$1,994,500 |
| June |
348 |
$2,509,175 |
$2,537,953 |
$1,900,000 |
$1,967,500 |
| July |
311 |
$2,421,326 |
$2,442,738 |
$1,795,000 |
$1,855,000 |
| Aug |
268 |
$2,415,075 |
$2,438,934 |
$1,897,000 |
$1,950,000 |
| Sept |
278 |
$2,479,440 |
$2,445,817 |
$1,899,000 |
$1,987,500 |
| Oct |
248 |
$2,754,470 |
$2,705,071 |
$1,899,000 |
$1,899,500 |
| Nov |
199 |
$2,713,693 |
$2,707,359 |
$1,999,000 |
$2,100,000 |
| Dec |
189 |
$2,686,126 |
$2,664,391 |
$1,985,000 |
$2,157,500 |
| Jan |
140 |
$2,828,988 |
$2,855,213 |
$2,234,944 |
$2,240,000 |
| Feb |
156 |
$3,058,406 |
$3,104,854 |
$2,149,500 |
$2,386,500 |
The average sales price went up 7% MoM in January, and 9% in February.
The median sales price went up 4% MoM in January, and 7% in February.
THE MEDIAN SALES PRICE WENT UP 7% IN ONE MONTH!
This is the craziest real estate market ever – and the spring selling season is just getting started!
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
by Jim the Realtor | Feb 15, 2022 | 2022, Frenzy, Jim's Take on the Market, Over List |
Even with the list prices reflecting massively-inflated values, nearly half of the homebuyers felt the need to pay over the list price lately:
NSDCC Detached-Home Sales, % Closed Over List Price
January: 38%
February: 43%
March: 53%
April: 55%
May: 54%
June: 59%
July: 64%
August: 55%
September: 41%
October: 45%
November: 48%
December: 48%
January: 49%
There were another 15% who paid full price in January, so almost two-thirds paid all the money. There were 16 listings that sold with zero days on market too.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Percentage Of Sales Over List Price by Price Range
| Price Range |
March |
April |
May |
June |
July |
Aug |
Sept |
Oct |
Nov |
Dec |
Jan |
| $0 – $1.0M |
76% |
79% |
89% |
88% |
89% |
88% |
64% |
78% |
71% |
88% |
50% |
| $1.0M – $1.5M |
68% |
78% |
84% |
75% |
74% |
74% |
37% |
64% |
64% |
76% |
82% |
| $1.5M – $2.0M |
66% |
66% |
72% |
66% |
82% |
73% |
61% |
58% |
56% |
50% |
67% |
| $2.0M – $3.0M |
54% |
32% |
34% |
66% |
56% |
56% |
36% |
38% |
46% |
20% |
33% |
| $3M+ |
16% |
22% |
22% |
17% |
26% |
19% |
24% |
7% |
22% |
13% |
26% |
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
The January sales were a little soft, historically, but the inventory has been decimated:
NSDCC January Sales
2017: 174
2018: 149
2019: 150
2020: 182
2021: 187
2022: 140
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
NSDCC Average and Median Prices
| Month |
# of Sales |
Avg. LP |
Avg. SP |
Median LP |
Median SP |
| Feb |
224 |
$2,298,797 |
$2,257,334 |
$1,719,500 |
$1,758,000 |
| March |
252 |
$2,295,629 |
$2,260,524 |
$1,800,000 |
$1,825,000 |
| April |
357 |
$2,396,667 |
$2,403,962 |
$1,799,900 |
$1,828,000 |
| May |
300 |
$2,596,992 |
$2,581,715 |
$1,900,000 |
$1,994,500 |
| June |
348 |
$2,509,175 |
$2,537,953 |
$1,900,000 |
$1,967,500 |
| July |
311 |
$2,421,326 |
$2,442,738 |
$1,795,000 |
$1,855,000 |
| Aug |
268 |
$2,415,075 |
$2,438,934 |
$1,897,000 |
$1,950,000 |
| Sept |
278 |
$2,479,440 |
$2,445,817 |
$1,899,000 |
$1,987,500 |
| Oct |
248 |
$2,754,470 |
$2,705,071 |
$1,899,000 |
$1,899,500 |
| Nov |
199 |
$2,713,693 |
$2,707,359 |
$1,999,000 |
$2,100,000 |
| Dec |
189 |
$2,686,126 |
$2,664,391 |
$1,985,000 |
$2,157,500 |
| Jan |
140 |
$2,828,988 |
$2,855,213 |
$2,234,944 |
$2,240,000 |
The average sales price went up 7% MoM.
The median sales price went up 4% MoM.
The local pricing flattened out last summer, only to be revived over the last three months.
It should be a crazy spring – probably the craziest ever!
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
by Jim the Realtor | Jan 7, 2022 | 2022, Jim's Take on the Market, North County Coastal, Over List |
Impressive momentum to wrap up the year, with almost half of the buyers feeling the need to pay over list:
NSDCC Detached-Home Sales, % Closed Over List Price
January: 38%
February: 43%
March: 53%
April: 55%
May: 54%
June: 59%
July: 64%
August: 55%
September: 41%
October: 45%
November: 48%
December: 48%
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Have the higher-end buyers figured it out that paying over list could be a ruse though?
Percentage Of Sales Over List Price by Price Range
| Price Range |
March |
April |
May |
June |
July |
Aug |
Sept |
Oct |
Nov |
Dec |
| $0 – $1.0M |
76% |
79% |
89% |
88% |
89% |
88% |
64% |
78% |
71% |
88% |
| $1.0M – $1.5M |
68% |
78% |
84% |
75% |
74% |
74% |
37% |
64% |
64% |
76% |
| $1.5M – $2.0M |
66% |
66% |
72% |
66% |
82% |
73% |
61% |
58% |
56% |
50% |
| $2.0M – $3.0M |
54% |
32% |
34% |
66% |
56% |
56% |
36% |
38% |
46% |
20% |
| $3M+ |
16% |
22% |
22% |
17% |
26% |
19% |
24% |
7% |
22% |
13% |
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
The December sales were a little soft, historically, but the inventory has been decimated:
NSDCC December Sales
2017: 224
2018: 196
2019: 227
2020: 290
2021: 182
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
NSDCC Average and Median Prices
| Month |
# of Sales |
Avg. LP |
Avg. SP |
Median LP |
Median SP |
| Feb |
224 |
$2,298,797 |
$2,257,334 |
$1,719,500 |
$1,758,000 |
| March |
252 |
$2,295,629 |
$2,260,524 |
$1,800,000 |
$1,825,000 |
| April |
357 |
$2,396,667 |
$2,403,962 |
$1,799,900 |
$1,828,000 |
| May |
300 |
$2,596,992 |
$2,581,715 |
$1,900,000 |
$1,994,500 |
| June |
348 |
$2,509,175 |
$2,537,953 |
$1,900,000 |
$1,967,500 |
| July |
311 |
$2,421,326 |
$2,442,738 |
$1,795,000 |
$1,855,000 |
| Aug |
268 |
$2,415,075 |
$2,438,934 |
$1,897,000 |
$1,950,000 |
| Sept |
278 |
$2,479,440 |
$2,445,817 |
$1,899,000 |
$1,987,500 |
| Oct |
248 |
$2,754,470 |
$2,705,071 |
$1,899,000 |
$1,899,500 |
| Nov |
199 |
$2,713,693 |
$2,707,359 |
$1,999,000 |
$2,100,000 |
| Dec |
189 |
$2,686,126 |
$2,664,391 |
$1,985,000 |
$2,157,500 |
The median list price dropped and the median sales price went up!
The median sales price is 9% higher than the median list price!
The average LP and SP were almost identical for the second month in a row.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
by Jim the Realtor | Dec 23, 2021 | 2021, Frenzy, Over List |
Momentum going into 2022 is strong, given that the Over List percentage has gone up the last two months:
NSDCC Detached-Home Sales, % Closed Over List Price
January: 38%
February: 43%
March: 53%
April: 55%
May: 54%
June: 59%
July: 64%
August: 55%
September: 41%
October: 45%
November: 48%
The higher-end market had some bounce-back too:
Percentage Of Sales Over List Price by Price Range
| Price Range |
March |
April |
May |
June |
July |
Aug |
Sept |
Oct |
Nov |
| $0 – $1.0M |
76% |
79% |
89% |
88% |
89% |
88% |
64% |
78% |
71% |
| $1.0M – $1.5M |
68% |
78% |
84% |
75% |
74% |
74% |
37% |
64% |
64% |
| $1.5M – $2.0M |
66% |
66% |
72% |
66% |
82% |
73% |
61% |
58% |
56% |
| $2.0M – $3.0M |
54% |
32% |
34% |
66% |
56% |
56% |
36% |
38% |
46% |
| $3M+ |
16% |
22% |
22% |
17% |
26% |
19% |
24% |
7% |
22% |
The November sales were down 35% from last year, but the red-hot market of late-2020 is to blame. This year, the sales were more in line with previous Novembers:
NSDCC November Sales
2017: 217
2018: 199
2019: 212
2020: 306
2021: 199
NSDCC Average and Median Prices
| Month |
# of Sales |
Avg. LP |
Avg. SP |
Median LP |
Median SP |
| Feb |
224 |
$2,298,797 |
$2,257,334 |
$1,719,500 |
$1,758,000 |
| March |
252 |
$2,295,629 |
$2,260,524 |
$1,800,000 |
$1,825,000 |
| April |
357 |
$2,396,667 |
$2,403,962 |
$1,799,900 |
$1,828,000 |
| May |
300 |
$2,596,992 |
$2,581,715 |
$1,900,000 |
$1,994,500 |
| June |
348 |
$2,509,175 |
$2,537,953 |
$1,900,000 |
$1,967,500 |
| July |
311 |
$2,421,326 |
$2,442,738 |
$1,795,000 |
$1,855,000 |
| Aug |
268 |
$2,415,075 |
$2,438,934 |
$1,897,000 |
$1,950,000 |
| Sept |
278 |
$2,479,440 |
$2,445,817 |
$1,899,000 |
$1,987,500 |
| Oct |
248 |
$2,754,470 |
$2,705,071 |
$1,899,000 |
$1,899,500 |
| Nov |
199 |
$2,713,693 |
$2,707,359 |
$1,999,000 |
$2,100,000 |
The median sales price went up 11% in one month, and is $101,000 higher than the median list price!
The median sales price is 19% higher than it was in February, which was ten months ago.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
by Jim the Realtor | Nov 12, 2021 | 2021, Frenzy, Over List |
The insanity is finding a comfortable range…..until next spring:
NSDCC Detached-Home Sales, % Closed Over List Price
January: 38%
February: 43%
March: 53%
April: 55%
May: 54%
June: 59%
July: 64%
August: 55%
September: 41%
October: 45%
A slight uptick in the overall percentage, but the high-end buyers aren’t going for this nonsense any more:
Percentage Of Sales Over List Price by Price Range
| Price Range |
March |
April |
May |
June |
July |
Aug |
Sept |
Oct |
| $0 – $1.0M |
76% |
79% |
89% |
88% |
89% |
88% |
64% |
78% |
| $1.0M – $1.5M |
68% |
78% |
84% |
75% |
74% |
74% |
37% |
64% |
| $1.5M – $2.0M |
66% |
66% |
72% |
66% |
82% |
73% |
61% |
58% |
| $2.0M – $3.0M |
54% |
32% |
34% |
66% |
56% |
56% |
36% |
38% |
| $3M+ |
16% |
22% |
22% |
17% |
26% |
19% |
24% |
7% |
October saw new highs in average list and sales prices, which would indicate strong action in the higher-end homes. The medians have been fairly steady:
NSDCC Average and Median Prices
| Month |
# of Sales |
Avg. LP |
Avg. SP |
Median LP |
Median SP |
| Feb |
224 |
$2,298,797 |
$2,257,334 |
$1,719,500 |
$1,758,000 |
| March |
252 |
$2,295,629 |
$2,260,524 |
$1,800,000 |
$1,825,000 |
| April |
357 |
$2,396,667 |
$2,403,962 |
$1,799,900 |
$1,828,000 |
| May |
300 |
$2,596,992 |
$2,581,715 |
$1,900,000 |
$1,994,500 |
| June |
348 |
$2,509,175 |
$2,537,953 |
$1,900,000 |
$1,967,500 |
| July |
311 |
$2,421,326 |
$2,442,738 |
$1,795,000 |
$1,855,000 |
| Aug |
268 |
$2,415,075 |
$2,438,934 |
$1,897,000 |
$1,950,000 |
| Sept |
278 |
$2,479,440 |
$2,445,817 |
$1,899,000 |
$1,987,500 |
| Oct |
248 |
$2,754,470 |
$2,705,071 |
$1,899,000 |
$1,899,500 |
The average sales price increased 30% YoY, and the median sales price is up 13% YoY, but that is also compared to the 382 sales last October – which was, and will always be, the most sales in any October.
As sales taper off over the next 2-3 months, it might cause a little more volatility in these pricing metrics.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
by Jim the Realtor | Oct 8, 2021 | 2021, Frenzy, Over List |
Here is where the cooling-frenzy shows up.
The number of buyers who are willing to pay over list price is dropping:
NSDCC Detached-Home Sales, % Closed Over List Price
January: 38%
February: 43%
March: 53%
April: 55%
May: 54%
June: 59%
July: 64%
August: 55%
September: 41%
To have 41% of the sales close over list price would be remarkable….if it weren’t for the last six months!
Percentage Who Paid Over List Price by Price Range
| Price Range |
March |
April |
May |
June |
July |
Aug |
Sept |
| $0 – $1.0M |
76% |
79% |
89% |
88% |
89% |
88% |
64% |
| $1.0M – $1.5M |
68% |
78% |
84% |
75% |
74% |
74% |
37% |
| $1.5M – $2.0M |
66% |
66% |
72% |
66% |
82% |
73% |
61% |
| $2.0M – $3.0M |
54% |
32% |
34% |
66% |
56% |
56% |
36% |
| $3M+ |
16% |
22% |
22% |
17% |
26% |
19% |
24% |
The average sales prices have been virtually identical for the last three months, and the median sales price is back up to where it was in May:
NSDCC Average and Median Prices
| Month |
# of Sales |
Avg. LP |
Avg. SP |
Median LP |
Median SP |
| Feb |
224 |
$2,298,797 |
$2,257,334 |
$1,719,500 |
$1,758,000 |
| March |
252 |
$2,295,629 |
$2,260,524 |
$1,800,000 |
$1,825,000 |
| April |
357 |
$2,396,667 |
$2,403,962 |
$1,799,900 |
$1,828,000 |
| May |
300 |
$2,596,992 |
$2,581,715 |
$1,900,000 |
$1,994,500 |
| June |
348 |
$2,509,175 |
$2,537,953 |
$1,900,000 |
$1,967,500 |
| July |
311 |
$2,421,326 |
$2,442,738 |
$1,795,000 |
$1,855,000 |
| Aug |
268 |
$2,415,075 |
$2,438,934 |
$1,897,000 |
$1,950,000 |
| Sept |
278 |
$2,479,440 |
$2,445,817 |
$1,899,000 |
$1,987,500 |
Compared to last September, the average sales price was +25%, and the median sales price was +33%!
Sales should taper off the rest of the year, but not sure if pricing will follow!
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
by Jim the Realtor | Sep 16, 2021 | Over List |
The percentage of buyers who were willing to pay over list cooled a bit in August:
NSDCC Detached-Home Sales, % Closed Over List Price
January: 38%
February: 43%
March: 53%
April: 55%
May: 54%
June: 59%
July: 64%
August: 55%
There were 28% of the total sales that closed for $100,000+ over list price! (July was 33%)
The mix was remarkably similar to previous months:
Percentage Who Paid Over List Price by Price Range
| Price Range |
March |
April |
May |
June |
July |
Aug |
| $0 – $1.0M |
76% |
79% |
89% |
88% |
89% |
88% |
| $1.0M – $1.5M |
68% |
78% |
84% |
75% |
74% |
74% |
| $1.5M – $2.0M |
66% |
66% |
72% |
66% |
82% |
73% |
| $2.0M – $3.0M |
54% |
32% |
34% |
66% |
56% |
56% |
| $3M+ |
16% |
22% |
22% |
17% |
26% |
19% |
The average prices were down just slightly, but the medians went up:
NSDCC Average and Median Prices
| Month |
# of Sales |
Avg. LP |
Avg. SP |
Median LP |
Median SP |
| Feb |
224 |
$2,298,797 |
$2,257,334 |
$1,719,500 |
$1,758,000 |
| March |
252 |
$2,295,629 |
$2,260,524 |
$1,800,000 |
$1,825,000 |
| April |
357 |
$2,396,667 |
$2,403,962 |
$1,799,900 |
$1,828,000 |
| May |
300 |
$2,596,992 |
$2,581,715 |
$1,900,000 |
$1,994,500 |
| June |
348 |
$2,509,175 |
$2,537,953 |
$1,900,000 |
$1,967,500 |
| July |
311 |
$2,421,326 |
$2,442,738 |
$1,795,000 |
$1,855,000 |
| Aug |
268 |
$2,415,075 |
$2,438,934 |
$1,897,000 |
$1,950,000 |
Compared to last August, the average sales price was +27%, and the median sales price was +37%!
In July, they were +31% and +30%.
Fewer sales, and higher prices. Sales should taper off the rest of the year, but not sure if pricing will follow!
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
by Jim the Realtor | Aug 19, 2021 | 2021, Frenzy, Over List, Sales and Price Check, Zillow |
San Francisco leads the 50 largest U.S. metros in the share of homes sold for 30% over their list price or higher at 7.4%. It’s followed by the hot market of Buffalo, NY, where 6.2% of homes sold for more than 30% over list, and Austin (5.3%). All shares in these markets are up substantially over the first quarter.
The markets with the most homes sold for half a million or more over asking in the second quarter are San Francisco (657), San Jose (283), Los Angeles (99), Seattle (88) and Miami (74).
https://www.zillow.com/research/share-of-homes-sold-way-over-list-doubles-29974/
Can we find the six that sold for $1,000,000 over list? I went looking for that needle in a haystack, but couldn’t find any. If you know of the properties that for more than a million dollars over list this year, let us know! The 2021 numbers are staggering, given the pricing:
San Diego County First-Half Sales, All Property Types
| Year |
Total Sales |
Median SP |
Median DOM |
Sales Over $3,000,000 |
| 2017 |
19,236 |
$521,000 |
22 |
150 |
| 2018 |
17,922 |
$554,000 |
14 |
156 |
| 2019 |
16,981 |
$569,000 |
20 |
159 |
| 2020 |
15,037 |
$593,000 |
14 |
155 |
| 2021 |
20,263 |
$702,000 |
9 |
485 |
Record pricing, and record sales at the same time – what a frenzy!
by Jim the Realtor | Aug 13, 2021 | 2021, Bidding Wars, Frenzy, Over List |
The percentage of buyers who were willing to pay over list reached another all-time high in July:
NSDCC Detached-Home Sales, % Closed Over List Price
January: 38%
February: 43%
March: 53%
April: 55%
May: 54%
June: 59%
July: 64%
There were 33% of the total sales that closed for $100,000+ over list price!
One out of three!
In July, it was the $1,500,000-$2,000,000 range that was red hot, with an incredible 82% paying over list:
Percentage Who Paid Over List Price by Price Range
| Price Range |
March |
April |
May |
June |
July |
| $0 – $1.0M |
76% |
79% |
89% |
88% |
89% |
| $1.0M – $1.5M |
68% |
78% |
84% |
75% |
74% |
| $1.5M – $2.0M |
66% |
66% |
72% |
66% |
82% |
| $2.0M – $3.0M |
54% |
32% |
34% |
66% |
56% |
| $3M+ |
16% |
22% |
22% |
17% |
26% |
The average and median prices were slightly lower MoM, but the product mix is different every month. Just having the average and median sales prices being higher than the list prices is remarkable enough:
NSDCC Average and Median Prices
| Month |
# of Sales |
Avg. LP |
Avg. SP |
Median LP |
Median SP |
| Feb |
224 |
$2,298,797 |
$2,257,334 |
$1,719,500 |
$1,758,000 |
| March |
252 |
$2,295,629 |
$2,260,524 |
$1,800,000 |
$1,825,000 |
| April |
357 |
$2,396,667 |
$2,403,962 |
$1,799,900 |
$1,828,000 |
| May |
300 |
$2,596,992 |
$2,581,715 |
$1,900,000 |
$1,994,500 |
| June |
348 |
$2,509,175 |
$2,537,953 |
$1,900,000 |
$1,967,500 |
| July |
311 |
$2,421,326 |
$2,442,738 |
$1,795,000 |
$1,855,000 |
| July, 2020 |
351 |
$1,937,896 |
$1,863,623 |
$1,450,000 |
$1,423,350 |
Compared to last July, the average sales price was +31%, and the median sales price was +30%!
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
by Jim the Realtor | Jul 6, 2021 | 2021, Frenzy, Frenzy Monitor, Jim's Take on the Market, Over List |
The percentage of buyers who were willing to pay over list reached another all-time high in June:
NSDCC Detached-Home Sales, % Closed Over List Price
January: 38%
February: 43%
March: 53%
April: 55%
May: 54%
June: 59%
There were 37% of the total sales that closed for $100,000+ over list price!
The action was really hot in the $2,000,000s – the other price ranges cooled off slightly:
Percentage Who Paid Over List Price by Price Range
| Price Range |
March |
April |
May |
June |
| $0 – $1.0M |
76% |
79% |
89% |
88% |
| $1.0M – $1.5M |
68% |
78% |
84% |
75% |
| $1.5M – $2.0M |
66% |
66% |
72% |
66% |
| $2.0M – $3.0M |
54% |
32% |
34% |
66% |
| $3M+ |
16% |
22% |
22% |
17% |
After rising in six-figure amounts the previous month, it looks like pricing might be leveling off too:
NSDCC Average and Median Prices
| Month |
# of Sales |
Avg. LP |
Avg. SP |
Median LP |
Median SP |
| Feb |
224 |
$2,298,797 |
$2,257,334 |
$1,719,500 |
$1,758,000 |
| March |
252 |
$2,295,629 |
$2,260,524 |
$1,800,000 |
$1,825,000 |
| April |
357 |
$2,396,667 |
$2,403,962 |
$1,799,900 |
$1,828,000 |
| May |
300 |
$2,596,992 |
$2,581,715 |
$1,900,000 |
$1,994,500 |
| June |
348 |
$2,509,175 |
$2,537,953 |
$1,900,000 |
$1,967,500 |
We’ve been experiencing the hottest real estate market in the history of the world!
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
