Inventory Watch

Key Takeaways

• Active listings up 21, nearing last year’s count.
• Pendings hit 155, matching prior-year trends.
• Avg price per sf rose in $2‑4M segment.
• Days on market declined across most price bands.
• New listings and pendings grew weekly, boosting activity.

Summary

Inventory in the NSDCC market rose sharply this week, with active listings increasing by 21 and approaching last year’s total. Pending contracts across price tiers are now in line with historical levels, with 155 pendings recorded in the first week of March. Average price per square foot showed modest gains in the $2‑4 million segments while days on market generally fell, indicating stronger buyer demand. Despite a distant war, analysts expect only a slight slowdown in sales, favoring sellers who price aggressively.

Pulse Analysis

The latest NSDCC data shows a pronounced rebound in inventory, with active listings climbing by 21 units to 365 as of March 2, 2026. This surge pushes total actives close to the levels recorded a year earlier, suggesting the market is shedding the post‑pandemic lag that suppressed supply. Pending contracts have also steadied, reaching 155 and mirroring the three‑year average of 151‑155. Such alignment between listings and pendings typically precedes a balanced market, where buyer demand meets seller supply without extreme price pressure.

Price per square foot has edged higher in the mid‑to‑high‑end brackets, with the $2‑4 million segment climbing from $855 to $847 sf and the $4 million-plus tier holding near $1,850 sf. Meanwhile, days on market (DOM) have trended downward, especially in the $2‑3 million range where DOM fell from 72 to 50 days. Faster turnover and modest price appreciation indicate that qualified buyers remain active, even as casual shoppers pause. The tightening of DOM alongside stable list‑price quartiles reinforces the view that the market is absorbing inventory efficiently.

External shocks appear muted; a distant conflict receives limited media coverage and is unlikely to dent local transaction volumes. Serious investors, motivated by the prospect of “hunkering down,” are expected to maintain search intensity, while sellers who employ aggressive pricing can capture the remaining demand. Historical parallels, such as the post‑Liberation Day slowdown, suggest any dip will be modest and short‑lived. For agents and developers, the current data underscores the importance of pricing discipline and inventory monitoring to capitalize on the narrow window of buyer activity before market conditions shift.