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The Weekly Pulse | 5-6-24 Tags: Weekly Pulse

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. 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.
  2. 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).
  3. The $300-400K range still makes up the largest share of showings (27.9%). Listings over $1M represented 3.3% of all showings.