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NEWS The Weekly Pulse | 7-22-24

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:

  1. Showing activity was down about 10.0% compared to the same week last year. There were over 20,000 showings during the week, including all price ranges and property types across the metro region.
  2. But  four of nine price segments saw gains compared to last year. And it was the usual suspects—all over $500K. The largest gain was in the luxury $1M+ range followed by the $600-800K range. The largest decline in showings took place in the sub-$200K range.
  3. The $300-400K range still makes up the largest share of showings (26.9%). Listings over $1M represented over 3.5% of all showings, reflecting the higher activity in the luxury sector.

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