The Weekly Pulse | 10-16-23 October 16, 2023
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:
- Showings have been trending fairly closely to 2022 levels. The number of showings was down 6.8% overall but rose in four out of nine price ranges. This time the biggest gainer was the $500-600K range, where there were 22.3% more showings. $1M+ homes had a 9.6% increase from last year.
- The $300-400K segment still comprised the largest share of all showings at 26.3%. The $1M+ segment made up 2.56% of showings, more than the $800K-1M range share of 2.27%.
- The $200-250K range made up just 11.0% of showings while the $500-600K segment comprised 6.9%. The $1M+ range saw the largest increase in both listings and sales from the same week last year.