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The Weekly Pulse | 8-14-23 Tags: Market DataWeekly 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. Just three out of nine price ranges saw year-over-year gains in showings. The largest gain was in the $800K-1M range where showings increased 33.2 percent. Showings rose 8.0 percent on listing between $600-800K and 0.2 percent for listings between $500-600K.
  2. Showings were down 5.0 percent overall compared to the same week last year. The $300-400K segment made up 25.9 percent of all showings while the $1M+ segment comprised 2.07 percent. Exactly 11.8 percent of showings occurred on listings priced bettween $200-250K.
  3. As for pending sales, the only two ranges with year-over-year gains were the $500-750K and $1M+ ranges. Signed contracts were down 15.8 percent overall.

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