The Weekly Pulse | 7-10-23 July 10, 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:
- As the comparisons to last year start to look more “apples-to-apples”, we see the change in showing (and sales) activity moderate. Showings were down less than 1.0 percent overall compared to the same week last year. But the $600-800K segment experienced a nearly 30.0 spike in showings.
- Showings on listings between $300-400K still made up 24.5 percent of all showings, but the $600-800K range rose from about 5.5 to 7.25 percent of all showings year-over-year.
- Last week’s pending sales were down 18.4 percent overall but $1M+ listings had a 4.5 percent increase in signed contracts compared to the same week in 2022.