The Weekly Pulse | 9-11-23 Tags:

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. Showings were down 7.1 percent overall compared to the same week last year. Only two of nine price ranges saw a notable year-over-year gain in showings. The $600-800K range saw a 7.1 percent increase in showings while the $800K-1M range had a 9.2 percent gain.
  2. The $300-400K segment still comprised the largest share of all showings at 25.4 percent while the $1M+ segment comprised 2.3 percent and homes under $200K made up 14.3 percent.
  3. Only the $1M+ range had an increase in new listings compared to the same week last year but the under $120K range had a notable gains in signed purchase agreements.