News

The Weekly Pulse | 3-04-24

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 remained level with the same week last year, marginally up 0.7%. There were over 19,000 showings during the week.
  2. Most price ranges had an increase in showings compared to a year ago. Increased showings were generally seen at market rate prices and higher.
  3. The largest gain in showings was on properties priced between $1 Million and above, where they rose 27.4%. The next largest increase in showings was in homes between $500K – 600K where they rose 25.7%.
  4. Most showings still occur on listings between $300-400K, holding a market share of 28.3%. Listings priced between $250K – 300K are 15.2% of showings. Listings over $1M comprised about 2.7% of all showings.

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