The Weekly Pulse | 8-7-23 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. Four out of nine price ranges saw year-over-year gains in showings, including the top three price brackets. The largest gain was in the $1M+ range where showings increased 33.8 percent.
  2. Showings were down 8.7 percent overall compared to the same week last year. The $300-400K segment made up 26.1 percent of all showings while the $1M+ segment comprised 2.92 percent (nearly double from last year).
  3. New listings were down 22.0 overall for the week, but seller activity was down the least in the segments with the strongest showing activity. The same was the case for pending sales.