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:
- With rates touching 7.5%, showings slipped 11.9% compared to the same week last year. There were almost 23,000 showings during the week, including all price ranges and property types across the metro region.
- Four out of nine price ranges had increases in showings compared to last year. The $1 Million+ range had the largest gain of 48.1% while the under $200K range saw 35.7% fewer showings (there are relatively few listings in this range).
- The $300-400K range still makes up the largest share of showings (27.9%). Listings over $1M represented 3.3% of all showings.