Seattle & Denver – 25 Showings per Listing
Trend toward more showings per listing continued with 129 U.S. markets recording double-digit showings. Seattle and Denver lead the way with 25 showings per listing according to ShowingTime. ShowingTime is the residential real estate industry’s leading showing management and market stats technology provider. Search homes for sale in Flying Horse Colorado Springs, CO here: http://www.rehava.com
For the second month in a row, the Denver and Seattle market areas led the way with an unprecedented 25 showings per listing. By comparison, showings per listing averaged just under nine in markets across the U.S. where ShowingTime products are used.
10 Months of Year-Over-Year Increases
Despite double-digit price appreciation and declining inventory, the number of showings per listing has risen dramatically in many areas. The nation saw two months of substantial declines in buyer traffic last year when the pandemic hit. We’ve now seen 10 consecutive months of year-over-year increases in showing activity. Buyers should have a bigger pool to choose from and more opportunities to compete for listings this spring.
Showing Traffic is up 111.3% Nationwide
Comparing showing traffic to a year ago results in bloated numbers. The pandemic greatly reduced most in-person showings. The West was up 131.9 percent year- over-year. The Northeast and Midwest increased 125.7 percent and 124.1 percent, respectively. The South was up 109.3 percent year over year. Nationwide, showing traffic was up 111.3 percent.
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