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The Weekly Pulse | 4-17-23
April 17, 2023
Hello and welcome! Thanks for stopping by. Here you’ll find an in-depth look at 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:
- The percentage of showings taking place on listings under $200K fell to 11.6 percent. Listings priced over $1M decreased to 2.17 percent of all showings. Homes priced between $600K-1M tended to have more showings than last year.
- As much as 31.3 percent of all showings took place on properties priced between $300-400K. This is the range where the median price falls, so it typically sees the most activity.
- There has been a notable shift in the year-over-year showings comparisons. Part of it is due to where the recent holidays have fallen, but the declines from last year have eased. Currently, showings are down just 12.4 percent overall compared to last year.