Hello and welcome! Let’s dig into the latest housing market activity. In addition to our regular weekly report, these weekly and monthly charts go beyond some of the higher-level trends. Here’s what the latest data are telling us:
- Just three out of nine price ranges saw year-over-year gains in showings. The largest gain was in the $800K-1M range where showings increased 33.2 percent. Showings rose 8.0 percent on listing between $600-800K and 0.2 percent for listings between $500-600K.
- Showings were down 5.0 percent overall compared to the same week last year. The $300-400K segment made up 25.9 percent of all showings while the $1M+ segment comprised 2.07 percent. Exactly 11.8 percent of showings occurred on listings priced bettween $200-250K.
- As for pending sales, the only two ranges with year-over-year gains were the $500-750K and $1M+ ranges. Signed contracts were down 15.8 percent overall.