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The Weekly Pulse | 3-25-24 Tags:

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 slipped 5.6% compared to the same week last year. There were almost 20,000 showings during the week, including all price ranges and property types across the metro.
  2. Five out of nine price ranges had increases in showings compared to last year. Showings declined in every price range under $400K; showings rose in every price range over $400K.
  3. The largest gain in showings was on properties priced over $1M, where they rose 47.6%. The next largest increase in showings was in homes priced between $400-500K, where they rose 20.1%.
  4. The $300-400K range still makes up the largest share of showings (28.5%). Listings over $1M captured about 2.8% of all showings.