News
The Weekly Pulse | 6-4-23
June 5, 2023
Hello and welcome! You’re in the right place. 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:
- Metro-wide showing activity was down just 4.5 percent from the same week last year. There was a brief period recently when the rolling weekly average number of showings was above the year-ago level. This doesn’t reflect any sort of surge this year as much as the decline at this time last year.
- Showings were down anywhere from 1.0 to 14.0 percent for each price range up to $600K. But showings on listings priced between $800K-1M and $1M and up rose 26.2 and 27.3 percent respectively.
- The price bracket with the greatest share of overall showings was still the $300-400K range at 26.1 percent. The range with the smallest share of showings was the over $1M range at 2.94 percent, which isn’t far behind the $800K-1M range at 2.98 percent.