Inventory Watch

Written by Jim the Realtor

February 17, 2025

I somehow didn’t hit the Publish button on Monday morning!

The pendings are tracking right along where they were during the same time period in each of the last two years – even though there are about 20% more homes for sale today.

It sure makes you think that many home sellers are going to get left behind.

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

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

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

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

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

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

1 Comment

  1. Dr k

    Thx Jim. Could you post a graph that includes 2019-2022 data. Would help with context. Hope you get some great listings with realistic sellers!

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