NSDCC March Sales & Pricing

by | Apr 14, 2022 | Sales and Price Check

What a wild ride lately! It’s safe to say we’ll never see a March like this again:

NSDCC March Sales & Pricing

Year
March Closings
Median List Price
Median Sales Price
Median Days-On-Market
2015
300
$1,195,000
$1,115,000
48
2016
252
$1,162,500
$1,143,665
50
2017
258
$1,096,500
$1,074,000
45
2018
258
$1,399,000
$1,396,250
16
2019
211
$1,345,000
$1,299,999
17
2020
206
$1,492,500
$1,445,000
12
2021
252
$1,810,000
$1,825,000
10
2022
206
$2,425,000
$2,625,000
9

The median sales price went from $1,445,000 to $2,625,000 in two years – an increase of 82%!

Last month’s median sales price was $200,000 ABOVE the median list price (108%), and it was 10% higher than it was in the previous month.

We are going to have to live with fewer sales from now on.

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