Inventory Watch: August 1, 2022
Even if there was a concerted effort to inform the public that mortgage rates are in the 4s (with jumbos in the mid-4s!), it is probably too late in the season to revive much enthusiasm with home buyers.
But there are still people in the hunt. Last week’s count of new pendings was 20, and this week it was 35!
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
The $0 – $1,500,000 Market:
| Date |
NSDCC Active Listings |
Avg. LP/sf |
Avg. DOM |
# of Pendings |
| Jan 3, 2022 |
9 |
$832/sf |
35 |
36 |
| Jan 10 |
9 |
$766/sf |
28 |
29 |
| Jan 17 |
13 |
$773/sf |
26 |
27 |
| Jan 24 |
9 |
$818/sf |
15 |
29 |
| Jan 31 |
14 |
$752/sf |
14 |
31 |
| Feb 7 |
13 |
$774/sf |
12 |
32 |
| Feb 14 |
11 |
$826/sf |
12 |
35 |
| Feb 21 |
7 |
$889/sf |
17 |
38 |
| Feb 28 |
12 |
$888/sf |
17 |
33 |
| Mar 7 |
9 |
$1,017/sf |
21 |
33 |
| Mar 14 |
14 |
$847/sf |
18 |
31 |
| Mar 21 |
8 |
$912/sf |
26 |
36 |
| Mar 28 |
10 |
$914/sf |
25 |
28 |
| Apr 4 |
10 |
$782/sf |
33 |
34 |
| Apr 11 |
19 |
$733/sf |
21 |
36 |
| Apr 18 |
16 |
$795/sf |
28 |
34 |
| Apr 25 |
18 |
$891/sf |
27 |
30 |
| May 2 |
22 |
$822/sf |
23 |
31 |
| May 9 |
24 |
$887/sf |
17 |
46 |
| May 16 |
25 |
$783/sf |
22 |
25 |
| May 23 |
29 |
$782/sf |
23 |
29 |
| May 30 |
30 |
$782/sf |
24 |
28 |
| Jun 6 |
34 |
$763/sf |
25 |
28 |
| Jun 13 |
33 |
$802/sf |
29 |
29 |
| Jun 20 |
48 |
$774/sf |
28 |
22 |
| Jun 27 |
43 |
$755/sf |
32 |
22 |
| Jul 4 |
49 |
$757/sf |
33 |
23 |
| Jul 11 |
56 |
$757/sf |
35 |
22 |
| Jul 18 |
51 |
$741/sf |
38 |
24 |
| Jul 25 |
53 |
$755/sf |
38 |
22 |
| Aug 1 |
46 |
$736/sf |
36 |
29 |
The $1,500,000 – $2,000,000 Market:
| Date |
NSDCC Active Listings |
Avg. LP/sf |
Avg. DOM |
# of Pendings |
| Jan 3, 2022 |
8 |
$842/sf |
52 |
36 |
| Jan 10 |
13 |
$751/sf |
28 |
29 |
| Jan 17 |
16 |
$736/sf |
33 |
27 |
| Jan 24 |
16 |
$801/sf |
17 |
27 |
| Jan 31 |
15 |
$696/sf |
14 |
34 |
| Feb 7 |
15 |
$765/sf |
17 |
34 |
| Feb 14 |
10 |
$726/sf |
19 |
38 |
| Feb 21 |
19 |
$715/sf |
15 |
39 |
| Feb 28 |
9 |
$660/sf |
12 |
46 |
| Mar 7 |
16 |
$789/sf |
15 |
46 |
| Mar 14 |
17 |
$837/sf |
8 |
44 |
| Mar 21 |
18 |
$867/sf |
11 |
43 |
| Mar 28 |
14 |
$838/sf |
15 |
48 |
| Apr 4 |
18 |
$762/sf |
25 |
42 |
| Apr 11 |
23 |
$774/sf |
15 |
39 |
| Apr 18 |
22 |
$792/sf |
17 |
41 |
| Apr 25 |
18 |
$810/sf |
20 |
41 |
| May 2 |
27 |
$809/sf |
17 |
37 |
| May 9 |
33 |
$837/sf |
17 |
46 |
| May 16 |
39 |
$793/sf |
19 |
44 |
| May 23 |
43 |
$793/sf |
22 |
44 |
| May 30 |
36 |
$843/sf |
23 |
36 |
| Jun 6 |
43 |
$817/sf |
23 |
41 |
| Jun 13 |
49 |
$845/sf |
24 |
42 |
| Jun 20 |
57 |
$817/sf |
24 |
41 |
| Jun 27 |
75 |
$807/sf |
24 |
35 |
| Jul 4 |
70 |
$827/sf |
27 |
33 |
| Jul 11 |
71 |
$812/sf |
30 |
38 |
| Jul 18 |
74 |
$793/sf |
32 |
35 |
| Jul 25 |
83 |
$787/sf |
34 |
29 |
| Aug 1 |
81 |
$780/sf |
35 |
31 |
The $2,000,000 – $3,000,000 Market:
| Date |
NSDCC Active Listings |
Avg. LP/sf |
Avg. DOM |
# of Pendings |
| Jan 3, 2022 |
18 |
$1,080/sf |
127 |
43 |
| Jan 10 |
23 |
$1,038/sf |
85 |
37 |
| Jan 17 |
26 |
$1,044/sf |
80 |
41 |
| Jan 24 |
28 |
$1,015/sf |
37 |
42 |
| Jan 31 |
22 |
$949/sf |
38 |
47 |
| Feb 7 |
26 |
$919/sf |
29 |
42 |
| Feb 14 |
22 |
$997/sf |
37 |
49 |
| Feb 21 |
21 |
$966/sf |
33 |
54 |
| Feb 28 |
26 |
$905/sf |
32 |
57 |
| Mar 7 |
29 |
$922/sf |
28 |
57 |
| Mar 14 |
20 |
$852/sf |
26 |
58 |
| Mar 21 |
17 |
$928/sf |
26 |
60 |
| Mar 28 |
34 |
$927/sf |
12 |
65 |
| Apr 4 |
32 |
$927/sf |
20 |
69 |
| Apr 11 |
44 |
$910/sf |
17 |
62 |
| Apr 18 |
48 |
$997/sf |
19 |
66 |
| Apr 25 |
42 |
$1,092/sf |
18 |
73 |
| May 2 |
54 |
$995/sf |
19 |
70 |
| May 9 |
61 |
$910/sf |
20 |
73 |
| May 16 |
64 |
$977/sf |
22 |
69 |
| May 23 |
82 |
$953/sf |
25 |
59 |
| May 30 |
78 |
$951/sf |
27 |
56 |
| Jun 6 |
94 |
$963/sf |
27 |
58 |
| Jun 13 |
98 |
$961/sf |
28 |
70 |
| Jun 20 |
91 |
$935/sf |
32 |
59 |
| Jun 27 |
111 |
$894/sf |
30 |
60 |
| Jul 4 |
112 |
$910/sf |
33 |
60 |
| Jul 11 |
122 |
$912/sf |
34 |
56 |
| Jul 18 |
103 |
$893/sf |
39 |
68 |
| Jul 25 |
108 |
$883/sf |
40 |
63 |
| Aug 1 |
110 |
$887/sf |
41 |
58 |
The $3,000,000 – $4,000,000 Market:
| Date |
NSDCC Active Listings |
Avg. LP/sf |
Avg. DOM |
# of Pendings |
| Jan 3, 2022 |
19 |
$1,230/sf |
90 |
26 |
| Jan 10 |
22 |
$1,210/sf |
76 |
25 |
| Jan 17 |
19 |
$1,207/sf |
86 |
23 |
| Jan 24 |
17 |
$1,129/sf |
92 |
24 |
| Jan 31 |
21 |
$1,172/sf |
70 |
22 |
| Feb 7 |
19 |
$1,169/sf |
67 |
25 |
| Feb 14 |
19 |
$1,234/sf |
65 |
28 |
| Feb 21 |
21 |
$1,279/sf |
69 |
28 |
| Feb 28 |
22 |
$1,214/sf |
64 |
25 |
| Mar 7 |
27 |
$1,295/sf |
60 |
24 |
| Mar 14 |
27 |
$1,201/sf |
65 |
27 |
| Mar 21 |
23 |
$1,282/sf |
69 |
31 |
| Mar 28 |
25 |
$1,253/sf |
67 |
30 |
| Apr 4 |
30 |
$1,199/sf |
61 |
27 |
| Apr 11 |
32 |
$1,174/sf |
62 |
31 |
| Apr 18 |
33 |
$1,216/sf |
68 |
31 |
| Apr 25 |
33 |
$1,219/sf |
63 |
33 |
| May 2 |
37 |
$1,164/sf |
50 |
36 |
| May 9 |
33 |
$1,132/sf |
57 |
32 |
| May 16 |
40 |
$1,119/sf |
53 |
32 |
| May 23 |
40 |
$1,135/sf |
57 |
27 |
| May 30 |
40 |
$1,178/sf |
61 |
28 |
| Jun 6 |
43 |
$1,224/sf |
56 |
28 |
| Jun 13 |
48 |
$1,184/sf |
52 |
28 |
| Jun 20 |
52 |
$1,117/sf |
53 |
26 |
| Jun 27 |
60 |
$1,120/sf |
51 |
19 |
| Jul 4 |
55 |
$1,127/sf |
58 |
23 |
| Jul 11 |
68 |
$1,140/sf |
47 |
26 |
| Jul 18 |
66 |
$1,206/sf |
52 |
25 |
| Jul 25 |
65 |
$1,200/sf |
54 |
26 |
| Aug 1 |
59 |
$1,191/sf |
60 |
26 |
The $4,000,000+ Market:
| Date |
NSDCC Active Listings |
Avg. LP/sf |
Avg. DOM |
# of Pendings |
| Jan 3, 2022 |
100 |
$1,884/sf |
128 |
30 |
| Jan 10 |
105 |
$1,864/sf |
113 |
29 |
| Jan 17 |
109 |
$1,763/sf |
110 |
34 |
| Jan 24 |
105 |
$2,130/sf |
114 |
42 |
| Jan 31 |
102 |
$2,114/sf |
118 |
53 |
| Feb 7 |
109 |
$2,000/sf |
108 |
50 |
| Feb 14 |
108 |
$2,005/sf |
109 |
47 |
| Feb 21 |
113 |
$2,008/sf |
103 |
43 |
| Feb 28 |
111 |
$1,991/sf |
101 |
47 |
| Mar 7 |
115 |
$1,904/sf |
91 |
39 |
| Mar 14 |
121 |
$1,893/sf |
95 |
43 |
| Mar 21 |
116 |
$1,905/sf |
97 |
44 |
| Mar 28 |
104 |
$1,966/sf |
97 |
59 |
| Apr 4 |
103 |
$1,929/sf |
97 |
56 |
| Apr 11 |
106 |
$1,906/sf |
97 |
55 |
| Apr 18 |
108 |
$1,874/sf |
100 |
51 |
| Apr 25 |
116 |
$1,829/sf |
97 |
38 |
| May 2 |
117 |
$1,781/sf |
95 |
32 |
| May 9 |
116 |
$1,831/sf |
96 |
36 |
| May 16 |
124 |
$1,854/sf |
91 |
39 |
| May 23 |
125 |
$1,855/sf |
92 |
36 |
| May 30 |
129 |
$1,706/sf |
93 |
39 |
| Jun 6 |
131 |
$1,740/sf |
89 |
33 |
| Jun 13 |
132 |
$1,793/sf |
86 |
38 |
| Jun 20 |
148 |
$1,772/sf |
84 |
35 |
| Jun 27 |
153 |
$1,779/sf |
87 |
29 |
| Jul 4 |
155 |
$1,777/sf |
82 |
25 |
| Jul 11 |
164 |
$1,759/sf |
85 |
26 |
| Jul 18 |
170 |
$1,740/sf |
86 |
26 |
| Jul 25 |
178 |
$1,701/sf |
84 |
27 |
| Aug 1 |
180 |
$1,696/sf |
85 |
28 |
NSDCC Weekly New Listings and New Pendings
| Week |
New Listings |
New Pendings |
Total Actives |
Total Pendings |
| Jan 3, 2022 |
17 |
14 |
152 |
164 |
| Jan 10 |
39 |
18 |
167 |
142 |
| Jan 17 |
34 |
29 |
179 |
145 |
| Jan 24 |
41 |
40 |
173 |
157 |
| Jan 31 |
43 |
40 |
173 |
182 |
| Feb 7 |
43 |
38 |
179 |
179 |
| Feb 14 |
44 |
49 |
168 |
193 |
| Feb 21 |
51 |
38 |
180 |
197 |
| Feb 28 |
39 |
39 |
179 |
205 |
| Mar 7 |
54 |
37 |
191 |
195 |
| Mar 14 |
48 |
51 |
195 |
196 |
| Mar 21 |
39 |
46 |
178 |
207 |
| Mar 28 |
53 |
50 |
185 |
224 |
| Apr 4 |
46 |
40 |
190 |
220 |
| Apr 11 |
61 |
39 |
221 |
213 |
| Apr 18 |
41 |
46 |
224 |
212 |
| Apr 25 |
50 |
43 |
224 |
205 |
| May 2 |
76 |
37 |
256 |
196 |
| May 9 |
59 |
46 |
262 |
207 |
| May 16 |
78 |
48 |
286 |
200 |
| May 23 |
61 |
42 |
312 |
192 |
| May 30 |
54 |
44 |
307 |
183 |
| Jun 6 |
70 |
31 |
338 |
183 |
| Jun 13 |
60 |
41 |
354 |
202 |
| Jun 20 |
71 |
25 |
388 |
177 |
| Jun 27 |
73 |
26 |
433 |
159 |
| Jul 4 |
55 |
39 |
432 |
158 |
| Jul 11 |
55 |
24 |
471 |
161 |
| Jul 18 |
49 |
35 |
459 |
168 |
| Jul 25 |
60 |
20 |
480 |
158 |
| Aug 1 |
55 |
35 |
473 |
161 |
