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%...
Over List
Over List, October
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...
Over List – September
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:...
Over List in August
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...
Way Over List
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...
Over List in July
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...
Over List, June
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...
More Frenzy Measuring
Based on these closed sales, the local frenzy has been steady this year - though these are results of buying decisions made as far back as January and February. For the most part, we have as many or more sales, and the same or higher LP:SP ratios over the last 60 days...
Over List, May
The number of May sales dropped month-over-month, even when we tack on another 10-25 late-reporters to the current tally: NSDCC April sales: 357 NSDCC May Sales: 294 The April, 2021 sales were 35% higher than in April, 2019, but this year's May sales were about the...
NSDCC Over List, April
The trend of paying over the list price continues! NSDCC Detached-Home Sales, % Closed Over List Price January: 38% February: 43% March: 53% April: 55% Most sellers and agents are happy just to get 1% to 5% over list. The big winners who got 20% or more over list:...