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 mortgage rates at their lowest level since May 2023, showing activity was up for another straight week. For the week ending 9/15, there were 0.8% more showings overall compared to the same week last year. There were over 19,000 showings during the week, including all price ranges and property types across the metro region.
- The largest year-over-year gain in showing activity took place in the $1M+ luxury segment where they rose 36.6%.
- The next largest gain was in the $400-500K range where showings were up 26.6%.
- That dominant $300-400K range still makes up the largest share of showings (25.9%). Listings over $1M represented 3.25% of all showings.