Inventory Watch: August 5th
There were 52 new listings in the last week, which keeps the number of actives around the 500 mark (492). But we emptied out the pendings drawer last month. The number of July closings is up to 212 sales and there will probably be a few more tacked on to that number before it’s done! Of the 212, there were 36% of the sales that were all-cash.
To put it in perspective, here are this year’s NSDCC monthly sales:
Jan: 108
Feb: 157
Mar: 149
Apr: 200
May:186
Jun: 153
Jul: 212
(July, 2023: 170)
April’s 200 sales seemed like the high point of the year. By June, the count was down to 153 and it looked like the rest of 2024 was heading due south. What a rebound!
The $0 – $1,500,000 Market:
| Date |
NSDCC Active Listings |
Avg. LP/sf |
Avg. DOM |
# of Pendings |
| Jan 2, 2024 |
15 |
$724/sf |
49 |
23 |
| Jan 8 |
13 |
$645/sf |
58 |
19 |
| Jan 15 |
10 |
$664/sf |
55 |
15 |
| Jan 22 |
15 |
$750/sf |
36 |
15 |
| Jan 29 |
12 |
$834/sf |
36 |
21 |
| Feb 5 |
12 |
$784/sf |
38 |
23 |
| Feb 12 |
10 |
$818/sf |
30 |
22 |
| Feb 19 |
12 |
$731/sf |
17 |
21 |
| Feb 26 |
7 |
$725/sf |
26 |
21 |
| Mar 4 |
9 |
$763/sf |
23 |
21 |
| Mar 11 |
15 |
$742/sf |
14 |
17 |
| Mar 18 |
15 |
$697/sf |
16 |
21 |
| Mar 25 |
13 |
$846/sf |
19 |
22 |
| Apr 1 |
12 |
$897/sf |
22 |
20 |
| Apr 8 |
15 |
$869/sf |
37 |
22 |
| Apr 15 |
17 |
$811/sf |
16 |
25 |
| Apr 22 |
18 |
$829/sf |
16 |
23 |
| Apr 29 |
20 |
$796/sf |
20 |
23 |
| May 6 |
19 |
$868/sf |
18 |
23 |
| May 13 |
21 |
$859/sf |
18 |
22 |
| May 20 |
25 |
$939/sf |
20 |
18 |
| May 27 |
24 |
$897/sf |
25 |
20 |
| Jun 3 |
22 |
$879/sf |
25 |
19 |
| Jun 10 |
25 |
$834/sf |
26 |
19 |
| Jun 17 |
21 |
$823/sf |
31 |
21 |
| Jun 24 |
24 |
$752/sf |
32 |
24 |
| Jul 1 |
23 |
$760/sf |
44 |
26 |
| Jul 8 |
22 |
$801/sf |
40 |
23 |
| Jul 15 |
22 |
$815/sf |
36 |
23 |
| Jul 22 |
17 |
$814/sf |
43 |
23 |
| Jul 29 |
24 |
$815/sf |
33 |
14 |
| Aug 5 |
23 |
$771/sf |
29 |
18 |
The $1,500,000 – $2,000,000 Market:
| Date |
NSDCC Active Listings |
Avg. LP/sf |
Avg. DOM |
# of Pendings |
| Jan 2, 2024 |
20 |
$866/sf |
66 |
28 |
| Jan 8 |
23 |
$890/sf |
63 |
23 |
| Jan 15 |
32 |
$876/sf |
47 |
35 |
| Jan 22 |
35 |
$823/sf |
43 |
25 |
| Jan 29 |
38 |
$833/sf |
43 |
26 |
| Feb 5 |
39 |
$810/sf |
34 |
28 |
| Feb 12 |
32 |
$781/sf |
39 |
34 |
| Feb 19 |
33 |
$797/sf |
36 |
29 |
| Feb 26 |
33 |
$840/sf |
36 |
31 |
| Mar 4 |
39 |
$827/sf |
32 |
31 |
| Mar 11 |
30 |
$857/sf |
43 |
37 |
| Mar 18 |
34 |
$847/sf |
36 |
37 |
| Mar 25 |
34 |
$848/sf |
43 |
43 |
| Apr 1 |
23 |
$873/sf |
42 |
47 |
| Apr 8 |
30 |
$884/sf |
37 |
47 |
| Apr 15 |
32 |
$961/sf |
36 |
43 |
| Apr 22 |
36 |
$964/sf |
31 |
37 |
| Apr 29 |
44 |
$921/sf |
25 |
33 |
| May 6 |
44 |
$921/sf |
30 |
36 |
| May 13 |
46 |
$939/sf |
25 |
34 |
| May 20 |
47 |
$965/sf |
24 |
38 |
| May 27 |
47 |
$965/sf |
30 |
40 |
| Jun 3 |
53 |
$1,006/sf |
32 |
36 |
| Jun 10 |
61 |
$942/sf |
30 |
36 |
| Jun 17 |
62 |
$909/sf |
30 |
37 |
| Jun 24 |
62 |
$909/sf |
28 |
40 |
| Jul 1 |
70 |
$883/sf |
30 |
43 |
| Jul 8 |
67 |
$925/sf |
30 |
47 |
| Jul 15 |
70 |
$888/sf |
31 |
51 |
| Jul 22 |
61 |
$858/sf |
35 |
46 |
| Jul 29 |
57 |
$859/sf |
38 |
50 |
| Aug 5 |
56 |
$892/sf |
37 |
41 |
The $2,000,000 – $3,000,000 Market:
| Date |
NSDCC Active Listings |
Avg. LP/sf |
Avg. DOM |
# of Pendings |
| Jan 2, 2024 |
54 |
$1,046/sf |
65 |
34 |
| Jan 8 |
59 |
$1,034/sf |
57 |
30 |
| Jan 15 |
69 |
$1,094/sf |
44 |
35 |
| Jan 22 |
60 |
$1,108/sf |
42 |
45 |
| Jan 29 |
65 |
$1,126/sf |
41 |
48 |
| Feb 5 |
68 |
$1,120/sf |
31 |
50 |
| Feb 12 |
60 |
$1,123/sf |
34 |
56 |
| Feb 19 |
71 |
$1,130/sf |
29 |
56 |
| Feb 26 |
64 |
$1,138/sf |
30 |
61 |
| Mar 4 |
62 |
$1,202/sf |
33 |
55 |
| Mar 11 |
61 |
$1,211/sf |
29 |
62 |
| Mar 18 |
72 |
$1,143/sf |
32 |
53 |
| Mar 25 |
70 |
$1,101/sf |
31 |
64 |
| Apr 1 |
71 |
$1,049/sf |
31 |
63 |
| Apr 8 |
68 |
$1,076/sf |
31 |
63 |
| Apr 15 |
82 |
$1,058/sf |
33 |
55 |
| Apr 22 |
81 |
$1,066/sf |
38 |
62 |
| Apr 29 |
79 |
$1,076/sf |
34 |
64 |
| May 6 |
77 |
$1,067/sf |
35 |
56 |
| May 13 |
78 |
$1,069/sf |
38 |
58 |
| May 20 |
93 |
$1,049/sf |
39 |
46 |
| May 27 |
92 |
$1,053/sf |
39 |
47 |
| Jun 3 |
105 |
$1,025/sf |
41 |
43 |
| Jun 10 |
105 |
$1,035/sf |
40 |
53 |
| Jun 17 |
107 |
$1,002/sf |
36 |
51 |
| Jun 24 |
118 |
$1,034/sf |
35 |
58 |
| Jul 1 |
111 |
$1,013/sf |
37 |
59 |
| Jul 8 |
111 |
$1,019/sf |
41 |
58 |
| Jul 15 |
120 |
$1,014/sf |
43 |
47 |
| Jul 22 |
124 |
$972/sf |
41 |
47 |
| Jul 29 |
124 |
$974/sf |
41 |
40 |
| Aug 5 |
117 |
$978/sf |
43 |
44 |
The $3,000,000 – $4,000,000 Market:
| Date |
NSDCC Active Listings |
Avg. LP/sf |
Avg. DOM |
# of Pendings |
| Jan 2, 2024 |
33 |
$1,216/sf |
92 |
15 |
| Jan 8 |
37 |
$1,248/sf |
83 |
15 |
| Jan 15 |
42 |
$1,236/sf |
77 |
18 |
| Jan 22 |
43 |
$1,283/sf |
77 |
17 |
| Jan 29 |
42 |
$1,242/sf |
75 |
20 |
| Feb 5 |
36 |
$1,363/sf |
73 |
25 |
| Feb 12 |
40 |
$1,252/sf |
34 |
18 |
| Feb 19 |
47 |
$1,515/sf |
45 |
17 |
| Feb 26 |
50 |
$1,512/sf |
42 |
16 |
| Mar 4 |
50 |
$1,588/sf |
44 |
19 |
| Mar 11 |
50 |
$1,594/sf |
44 |
23 |
| Mar 18 |
60 |
$1,537/sf |
38 |
22 |
| Mar 25 |
59 |
$1,614/sf |
70 |
27 |
| Apr 1 |
62 |
$1,660/sf |
76 |
26 |
| Apr 8 |
65 |
$1,479/sf |
76 |
27 |
| Apr 15 |
72 |
$1,442/sf |
70 |
26 |
| Apr 22 |
70 |
$1,462/sf |
75 |
20 |
| Apr 29 |
68 |
$1,434/sf |
75 |
25 |
| May 6 |
67 |
$1,373/sf |
70 |
26 |
| May 13 |
71 |
$1,355/sf |
68 |
25 |
| May 20 |
78 |
$1,298/sf |
63 |
24 |
| May 27 |
79 |
$1,267/sf |
66 |
26 |
| Jun 3 |
75 |
$1,272/sf |
65 |
26 |
| Jun 10 |
81 |
$1,248/sf |
62 |
26 |
| Jun 17 |
89 |
$1,195/sf |
59 |
28 |
| Jun 24 |
84 |
$1,229/sf |
61 |
33 |
| Jul 1 |
87 |
$1,227/sf |
62 |
31 |
| Jul 8 |
77 |
$1,278/sf |
68 |
33 |
| Jul 15 |
91 |
$1,263/sf |
63 |
31 |
| Jul 22 |
82 |
$1,272/sf |
68 |
31 |
| Jul 29 |
84 |
$1,221/sf |
67 |
25 |
| Aug 5 |
80 |
$1,180/sf |
71 |
22 |
The $4,000,000+ Market:
| Date |
NSDCC Active Listings |
Avg. LP/sf |
Avg. DOM |
# of Pendings |
| Jan 2, 2024 |
139 |
$1,858/sf |
116 |
20 |
| Jan 8 |
151 |
$1,896/sf |
109 |
18 |
| Jan 15 |
157 |
$1,879/sf |
106 |
22 |
| Jan 22 |
159 |
$1,824/sf |
104 |
27 |
| Jan 29 |
162 |
$1,758/sf |
108 |
31 |
| Feb 5 |
162 |
$1,718/sf |
108 |
30 |
| Feb 12 |
154 |
$1,705/sf |
107 |
34 |
| Feb 19 |
168 |
$1,685/sf |
107 |
24 |
| Feb 26 |
175 |
$1,691/sf |
105 |
26 |
| Mar 4 |
166 |
$1,692/sf |
97 |
36 |
| Mar 11 |
178 |
$1,663/sf |
90 |
37 |
| Mar 18 |
179 |
$1,691/sf |
90 |
29 |
| Mar 25 |
177 |
$1,693/sf |
83 |
34 |
| Apr 1 |
176 |
$1,713/sf |
87 |
31 |
| Apr 8 |
177 |
$1,771/sf |
82 |
37 |
| Apr 15 |
179 |
$1,731/sf |
88 |
40 |
| Apr 22 |
183 |
$1,733/sf |
85 |
42 |
| Apr 29 |
187 |
$1,765/sf |
81 |
42 |
| May 6 |
191 |
$1,751/sf |
83 |
42 |
| May 13 |
184 |
$1,754/sf |
84 |
47 |
| May 20 |
193 |
$1,734/sf |
81 |
45 |
| May 27 |
202 |
$1,716/sf |
78 |
46 |
| Jun 3 |
203 |
$1,694/sf |
74 |
43 |
| Jun 10 |
206 |
$1,716/sf |
70 |
43 |
| Jun 17 |
204 |
$1,666/sf |
68 |
41 |
| Jun 24 |
208 |
$1,678/sf |
68 |
44 |
| Jul 1 |
213 |
$1,673/sf |
70 |
35 |
| Jul 8 |
212 |
$1,674/sf |
72 |
29 |
| Jul 15 |
217 |
$1,637/sf |
73 |
26 |
| Jul 22 |
218 |
$1,633/sf |
77 |
32 |
| Jul 29 |
221 |
$1,626/sf |
80 |
32 |
| Aug 5 |
222 |
$1,627/sf |
83 |
27 |
NSDCC Weekly New Listings and New Pendings
| Week |
New Listings |
New Pendings |
Total Actives |
Total Pendings |
| Jan 2, 2024 |
18 |
10 |
255 |
113 |
| Jan 8 |
43 |
12 |
278 |
100 |
| Jan 15 |
52 |
20 |
305 |
102 |
| Jan 22 |
50 |
29 |
308 |
122 |
| Jan 29 |
44 |
32 |
314 |
140 |
| Feb 5 |
44 |
33 |
312 |
149 |
| Feb 12 |
37 |
34 |
292 |
159 |
| Feb 19 |
53 |
24 |
326 |
143 |
| Feb 26 |
45 |
37 |
324 |
151 |
| Mar 4 |
52 |
45 |
332 |
166 |
| Mar 11 |
53 |
26 |
331 |
165 |
| Mar 18 |
62 |
32 |
355 |
159 |
| Mar 25 |
45 |
46 |
348 |
186 |
| Apr 1 |
37 |
42 |
340 |
183 |
| Apr 8 |
58 |
36 |
352 |
191 |
| Apr 15 |
58 |
29 |
378 |
184 |
| Apr 22 |
44 |
36 |
384 |
179 |
| Apr 29 |
67 |
36 |
393 |
185 |
| May 6 |
58 |
48 |
394 |
183 |
| May 13 |
47 |
34 |
395 |
186 |
| May 20 |
67 |
26 |
429 |
171 |
| May 27 |
57 |
36 |
435 |
179 |
| Jun 3 |
55 |
26 |
449 |
166 |
| Jun 10 |
77 |
40 |
469 |
175 |
| Jun 17 |
64 |
37 |
474 |
175 |
| Jun 24 |
78 |
29 |
489 |
192 |
| Jul 1 |
51 |
38 |
496 |
188 |
| Jul 8 |
41 |
37 |
479 |
184 |
| Jul 15 |
52 |
29 |
509 |
172 |
| Jul 22 |
43 |
42 |
495 |
172 |
| Jul 29 |
50 |
23 |
503 |
156 |
| Aug 5 |
52 |
40 |
492 |
148 |
NSDCC List Price Quartiles
| Week |
1st Quartile |
Median List Price |
3rd Quartile |
| Jan 2, 2024 |
$2,549,888 |
$4,444,000 |
$8,350,000 |
| Jan 8 |
$2,572,444 |
$4,447,000 |
$8,097,500 |
| Jan 15 |
$2,499,000 |
$4,200,000 |
$7,950,000 |
| Jan 22 |
$2,429,000 |
$4,250,000 |
$7,450,000 |
| Jan 29 |
$2,399,000 |
$4,225,000 |
$7,495,000 |
| Feb 5 |
$2,398,000 |
$4,272,500 |
$7,495,000 |
| Feb 12 |
$2,499,800 |
$4,297,500 |
$7,495,000 |
| Feb 19 |
$2,499,400 |
$4,200,000 |
$6,972,500 |
| Feb 26 |
$2,649,400 |
$4,350,000 |
$7,300,000 |
| Mar 4 |
$2,525,000 |
$4,225,000 |
$7,149,500 |
| Mar 11 |
$2,649,000 |
$4,295,000 |
$7,495,000 |
| Mar 18 |
$2,500,000 |
$4,000,000 |
$6,750,000 |
| Mar 25 |
$2,680,000 |
$4,097,499 |
$6,750,000 |
| Apr 1 |
$2,785,000 |
$4,150,000 |
$6,999,999 |
| Apr 8 |
$2,680,000 |
$4,047,500 |
$6,999,000 |
| Apr 15 |
$2,570,000 |
$3,899,500 |
$6,797,500 |
| Apr 22 |
$2,499,000 |
$3,982,500 |
$6,495,000 |
| Apr 29 |
$2,399,000 |
$3,990,000 |
$6,750,000 |
| May 6 |
$2,485,000 |
$3,995,000 |
$6,825,000 |
| May 13 |
$2,475,000 |
$3,895,000 |
$6,900,000 |
| May 20 |
$2,420,000 |
$3,750,000 |
$6,480,000 |
| May 27 |
$2,495,000 |
$3,840,000 |
$6,695,000 |
| Jun 3 |
$2,475,000 |
$3,749,000 |
$6,395,000 |
| Jun 10 |
$2,388,000 |
$3,500,000 |
$6,187,000 |
| Jun 17 |
$2,412,500 |
$3,599,500 |
$5,995,000 |
| Jun 24 |
$2,350,000 |
$3,500,000 |
$6,398,000 |
| Jul 1 |
$2,398,000 |
$3,600,000 |
$6,400,000 |
| Jul 8 |
$2,399,000 |
$3,650,000 |
$6,500,000 |
| Jul 15 |
$2,399,999 |
$3,500,000 |
$6,398,000 |
| Jul 22 |
$2,399,000 |
$3,695,000 |
$6,398,000 |
| Jul 29 |
$2,375,000 |
$3,650,000 |
$6,187,000 |
| Aug 5 |
$2,350,000 |
$3,699,500 |
$6,295,000 |
