Inventory Watch: September 1st

Inventory Watch: September 1st

  • Jim Klinge
  • 09/2/25

Inventory Watch: September 1st

 

 

The pendings’ count has dipped well under last year now but it’s due to so many closings.

Last August there were 171 NSDCC closed sales, and this year there have already been 172 sales – and it should get up into the 190-200 range by the time every listing agent reports their sales over the next week or two.

August 2024 median sales price: $2,287,500.

August 2025 median sales price: $2,500,000 or +9%!

Here is how this week compared to the same week last year. Today’s unsold sellers shouldn’t feel too bad about having to sharpen their pencil if they’ve gone a few months without selling because you’re not giving it away – pricing is higher today:

The $0 – $2,000,000 Market:

Date
NSDCC Active Listings
Avg. LP/sf
Avg. DOM
# of Pendings
Jan 6, 2025
43
$918/sf
63
27
Jan 13
45
$936/sf
53
22
Jan 20
47
$908/sf
54
25
Jan 27
48
$904/sf
48
32
Feb 3
51
$914/sf
47
41
Feb 10
45
$935/sf
46
45
Feb 17
45
$916/sf
46
46
Feb 24
45
$958/sf
48
40
Mar 3
50
$950/sf
37
42
Mar 10
55
$908/sf
36
45
Mar 17
53
$891/sf
35
50
Mar 24
53
$898/sf
30
51
Mar 31
58
$878/sf
35
44
Apr 7
56
$867/sf
30
43
Apr 14
63
$906/sf
32
40
Apr 21
59
$936/sf
35
37
Apr 28
74
$899/sf
32
39
May 5
83
$907/sf
30
47
May 12
72
$916/sf
34
44
May 19
70
$898/sf
38
51
May 26
74
$923/sf
39
43
Jun 2
76
$912/sf
39
36
Jun 9
87
$939/sf
38
36
Jun 16
83
$922/sf
41
48
Jun 23
89
$930/sf
46
52
Jun 30
96
$938/sf
42
57
Jul 7
83
$944/sf
45
63
Jul 14
94
$910/sf
47
53
Jul 21
104
$897/sf
45
49
Jul 28
102
$882/sf
48
51
Aug 4
106
$858/sf
50
47
Aug 11
107
$864/sf
50
44
Aug 18
110
$836/sf
51
42
Aug 25
115
$843/sf
47
49
Sep 1
101
$832/sf
52
49

The $2,000,000 – $3,000,000 Market:

Date
NSDCC Active Listings
Avg. LP/sf
Avg. DOM
# of Pendings
Jan 6, 2025
55
$1,029/sf
66
36
Jan 13
58
$990/sf
63
31
Jan 20
64
$1,018/sf
57
26
Jan 27
64
$1,025/sf
53
31
Feb 3
71
$1,009/sf
50
31
Feb 10
75
$1,005/sf
46
36
Feb 17
81
$1,015/sf
44
39
Feb 24
80
$1,012/sf
38
52
Mar 3
80
$1,034/sf
33
49
Mar 10
92
$1,029/sf
37
44
Mar 17
98
$1,015/sf
39
44
Mar 24
98
$1,008/sf
41
52
Mar 31
100
$997/sf
44
54
Apr 7
94
$940/sf
43
54
Apr 14
96
$962/sf
42
53
Apr 21
107
$1,000/sf
43
53
Apr 28
109
$1,010/sf
44
49
May 5
124
$1,036/sf
40
50
May 12
120
$1,041/sf
43
57
May 19
133
$1,034/sf
43
49
May 26
133
$1,055/sf
47
53
Jun 2
140
$1,039/sf
48
51
Jun 9
149
$1,042/sf
45
45
Jun 16
157
$1,043/sf
46
44
Jun 23
163
$1,028/sf
45
43
Jun 30
156
$1,030/sf
45
46
Jul 7
144
$1,048/sf
47
46
Jul 14
156
$1,023/sf
46
45
Jul 21
154
$1,018/sf
45
54
Jul 28
149
$1,021/sf
50
56
Aug 4
144
$1,031/sf
48
60
Aug 11
133
$1,054/sf
58
62
Aug 18
133
$1,046/sf
57
54
Aug 25
131
$1,020/sf
58
46
Sep 1
123
$1,060/sf
58
44

The $3,000,000 – $4,000,000 Market:

Date
NSDCC Active Listings
Avg. LP/sf
Avg. DOM
# of Pendings
Jan 6, 2025
44
$1,091/sf
82
19
Jan 13
46
$1,122/sf
77
19
Jan 20
52
$1,156/sf
70
16
Jan 27
49
$1,197/sf
67
20
Feb 3
56
$1,182/sf
55
21
Feb 10
58
$1,158/sf
51
25
Feb 17
58
$1,179/sf
54
24
Feb 24
56
$1,168/sf
52
24
Mar 3
51
$1,147/sf
56
31
Mar 10
56
$1,240/sf
61
34
Mar 17
60
$1,209/sf
61
36
Mar 24
60
$1,209/sf
62
39
Mar 31
62
$1,158/sf
64
34
Apr 7
68
$1,208/sf
59
34
Apr 14
79
$1,193/sf
55
26
Apr 21
85
$1,230/sf
54
28
Apr 28
85
$1,198/sf
53
28
May 5
82
$1,179/sf
56
28
May 12
89
$1,148/sf
53
30
May 19
88
$1,161/sf
56
28
May 26
85
$1,157/sf
58
26
Jun 2
81
$1,162/sf
58
22
Jun 9
89
$1,146/sf
58
21
Jun 16
95
$1,107/sf
56
17
Jun 23
101
$1,146/sf
58
18
Jun 30
102
$1,192/sf
56
24
Jul 7
102
$1,176/sf
55
21
Jul 14
108
$1,174/sf
55
20
Jul 21
105
$1,212/sf
57
17
Jul 28
114
$1,211/sf
55
16
Aug 4
111
$1,221/sf
56
15
Aug 11
105
$1,277/sf
58
19
Aug 18
104
$1,271/sf
57
17
Aug 25
101
$1,284/sf
61
18
Sep 1
101
$1,285/sf
66
17

The $4,000,000+ Market:

Date
NSDCC Active Listings
Avg. LP/sf
Avg. DOM
# of Pendings
Jan 6, 2025
160
$1,822/sf
105
27
Jan 13
156
$1,868/sf
105
31
Jan 20
170
$1,936/sf
95
29
Jan 27
180
$1,877/sf
90
31
Feb 3
189
$1,884/sf
85
31
Feb 10
189
$1,864/sf
88
29
Feb 17
192
$1,875/sf
90
32
Feb 24
195
$1,869/sf
91
34
Mar 3
200
$1,860/sf
87
34
Mar 10
213
$1,811/sf
83
36
Mar 17
208
$1,755/sf
85
30
Mar 24
211
$1,800/sf
86
25
Mar 31
213
$1,784/sf
90
32
Apr 7
219
$1,777/sf
90
33
Apr 14
230
$1,790/sf
87
35
Apr 21
231
$1,792/sf
87
32
Apr 28
235
$1,772/sf
88
28
May 5
239
$1,811/sf
82
30
May 12
239
$1,811/sf
85
33
May 19
255
$1,773/sf
85
29
May 26
265
$1,759/sf
87
24
Jun 2
242
$1,745/sf
90
29
Jun 9
244
$1,774/sf
90
33
Jun 16
254
$1,766/sf
88
34
Jun 23
265
$1,787/sf
91
30
Jun 30
260
$1,786/sf
92
40
Jul 7
257
$1,720/sf
95
41
Jul 14
250
$1,749/sf
101
45
Jul 21
249
$1,738/sf
102
44
Jul 28
249
$1,731/sf
104
47
Aug 4
245
$1,748/sf
106
46
Aug 11
243
$1,758/sf
109
41
Aug 18
244
$1,738/sf
110
40
Aug 25
244
$1,745/sf
112
36
Sep 1
247
$1,759/sf
111
35

NSDCC Weekly New Listings and New Pendings

Week
New Listings
New Pendings
Total Actives
Total Pendings
Jan 6
27
11
298
108
Jan 13
38
26
301
101
Jan 20
55
16
328
95
Jan 27
60
32
337
113
Feb 3
72
28
363
123
Feb 10
50
34
364
135
Feb 17
50
29
373
140
Feb 24
58
38
374
148
Mar 3
60
31
378
152
Mar 10
60
30
411
156
Mar 17
49
37
413
157
Mar 24
57
39
414
164
Mar 31
47
27
425
162
Apr 7
52
31
431
162
Apr 14
70
28
462
153
Apr 21
58
24
478
148
Apr 28
71
30
501
143
May 5
82
37
524
154
May 12
56
39
516
163
May 19
54
20
543
156
May 26
58
29
554
146
Jun 2
41
22
535
138
Jun 9
62
25
566
134
Jun 16
68
32
585
142
Jun 23
65
26
612
142
Jun 30
55
37
608
166
Jul 7
43
31
580
169
Jul 14
74
24
601
159
Jul 21
71
37
607
159
Jul 28
46
38
608
166
Aug 4
47
31
603
165
Aug 11
41
30
585
164
Aug 18
55
24
587
152
Aug 25
54
30
588
148
Sep 1
50
31
569
144

NSDCC List Price Quartiles

Week
1st Quartile
Median List Price
3rd Quartile
Jan 6
$2,685,000
$4,472,500
$7,995,000
Jan 13
$2,499,000
$4,250,000
$7,750,000
Jan 20
$2,695,000
$4,300,000
$7,767,000
Jan 27
$2,795,000
$4,498,000
$7,995,000
Feb 3
$2,695,000
$4,350,000
$7,499,000
Feb 10
$2,799,000
$4,299,000
$7,695,000
Feb 17
$2,695,000
$4,200,000
$7,750,000
Feb 24
$2,699,500
$4,250,000
$7,645,000
Mar 3
$2,550,000
$4,375,000
$7,497,000
Mar 10
$2,500,000
$4,200,000
$7,250,000
Mar 17
$2,500,000
$4,000,000
$6,995,000
Mar 24
$2,595,000
$4,047,500
$7,275,000
Mar 31
$2,499,000
$4,000,000
$7,300,000
Apr 7
$2,500,000
$4,000,000
$6,995,000
Apr 14
$2,500,000
$3,999,000
$6,995,000
Apr 21
$2,590,000
$3,995,000
$6,799,500
Apr 28
$2,490,000
$3,988,000
$6,500,000
May 5
$2,395,000
$3,795,000
$6,495,000
May 12
$2,495,000
$3,895,000
$6,500,000
May 19
$2,495,000
$3,950,000
$6,595,000
May 26
$2,495,000
$3,984,500
$6,547,500
Jun 2
$2,395,000
$3,799,000
$6,295,500
Jun 9
$2,300,000
$3,649,000
$5,998,500
Jun 16
$2,395,000
$3,649,000
$5,999,000
Jun 23
$2,395,000
$3,649,500
$5,999,500
Jun 30
$2,300,000
$3,598,500
$5,999,000
Jul 7
$2,395,000
$3,695,500
$6,100,000
Jul 14
$2,350,000
$3,550,000
$5,999,000
Jul 21
$2,300,000
$3,550,000
$5,995,000
Jul 28
$2,349,000
$3,575,000
$5,995,000
Aug 4
$2,299,949
$3,550,000
$5,995,000
Aug 11
$2,275,000
$3,575,000
$5,995,000
Aug 18
$2,269,000
$3,550,000
$5,995,000
Aug 25
$2,200,000
$3,512,500
$5,950,000
Sep 1
$2,350,000
$3,675,000
$5,995,000
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