The NSDCC detached-home stats in the Jan 1st-to-March 15th period are remarkable:

Year
New Listings
# of Sales
Median List Price
Median Sales Price
Median DOM
2016
1,194
436
$1,146,450
$1,102,792
58
2017
1,040
459
$1,239,500
$1,200,000
53
2018
1,102
420
$1,327,000
$1,297,000
20
2019
1,056
430
$1,299,499
$1,282,500
29
2020
934
456
$1,467,500
$1,430,000
30
2021
801
534
$1,749,000
$1,775,000
14
2022
546
400
$2,250,000
$2,372,500
10

The 2022 median sales price is 34% higher than in the same period last year (which was +24% above 2020!)

The median sales price is 5.4% higher than the median list price.

Sales are holding their own, in spite of having around half of the ‘normal’ inventory!

author avatar
Jim the Realtor
Jim is a long-time local realtor who comments daily here on his blog, bubbleinfo.com which began in September, 2005. Stick around!

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