RISMedia
  • News
  • Premier
  • Reports
  • Events
  • Power Broker
  • Newsmakers
  • More
    • Publications
    • Education
No Result
View All Result
  • Agents
  • Brokers
  • Teams
  • Marketing
  • Coaching
  • Technology
  • More
    • Headliners New
    • Luxury
    • Best Practices
    • Consumer
    • National
    • Our Editors
Join Premier
Sign In
RISMedia
  • News
  • Premier
  • Reports
  • Events
  • Power Broker
  • Newsmakers
  • More
    • Publications
    • Education
No Result
View All Result
RISMedia
No Result
View All Result

Home Showings Drop Again in June, But Remain Above Pre-Pandemic Levels

Home Agents
By RISMedia Staff
August 4, 2022
Reading Time: 2 mins read
Home Showings Drop Again in June, But Remain Above Pre-Pandemic Levels

The days of prospective buyers showing up in droves for home viewings, a phenomenon seen across the country during the pandemic, may be over.

Home showings declined again year-over-year in June, according to recent data from ShowingTime’s Showing Index®, a monthly data tracker, which will be welcome news to house hunters concerned about fierce competition. But, even though showings were down 18.7% from last year, activity was still significantly higher than pre-pandemic levels.

This dip in showings, the latest indicator that the housing market is in the process of cooling down, was not uniform across all regions. The West experienced a 44.1% drop, while the Northeast, where three cities in Connecticut ranked among the Top 10 performers nationally, fared comparatively well with only a 10.9% reduction in viewings. The Midwest and the South sustained more middling decreases of 16.7% and 25.9%, respectively.

Burlington, Vermont, a small, lakeside city 40 miles from the Canadian border, led every market in showings per listing for the second consecutive month. The New England city is also one of the only markets where showings per listing increased significantly year-over-year.

Top 25 markets by performance:

Burlington, Vermont
Ratio of showings to listings (StL): 13.58
Year-over-year change (YoY): 9%
Month-over-month change (MoM): -14%

Rochester, New York 
StL: 10.18
YoY: -16%
MoM: -11%

Cleveland, Ohio
StL: 10.16
YoY: -18%
MoM: -15%

Richmond, Virginia
StL: 9.96
YoY: -15%
MoM: -16%

Hartford, Connecticut
StL: 9.85
YoY: 1%
MoM: -13%

New Haven, Connecticut 
StL: 9.82
YoY: -4%
MoM: -13%

Bridgeport, Connecticut 
StL: 9.73
YoY: -9%
MoM: -19%

Akron, Ohio
StL: 9.71
YoY: -17%
MoM: -18%

Manchester, New Hampshire 
StL: 9.41
YoY: -25%
MoM: -9%

Bloomington-Normal, Illinois 
StL: 9.27
YoY: -2%
MoM: -25%

Grand Rapids, Michigan
StL: 9.26
YoY: -24%
MoM: -18%

Dallas, Texas
StL: 9.24
YoY: -30%
MoM: -16%

Kansas City, Missouri
StL: 9.22
YoY: -18%
MoM: -11%

Virginia Beach, Virginia 
StL: 9.18
YoY: -16%
MoM: -14%

Buffalo, New York 
StL: 9.17
YoY: -22%
MoM: -13%

Harrisburg, Pennsylvania 
StL: 9.02
YoY: -1%
MoM: -12%

Tulsa, Oklahoma
StL: 9.01
YoY: -9%
MoM: -12%

Trenton, New Jersey 
StL: 9.00
YoY: -13%
MoM: -19%

Baltimore, Maryland
StL: 8.92
YoY: -21%
MoM: -16%

Washington, D.C.
StL: 8.89
YoY: -20%
MoM: -12%

Columbia, South Carolina 
StL: 8.85
YoY: -23%
MoM: -14%

Toledo, Ohio
StL: 8.85
YoY: 1%
MoM: -13%

Oshkosh, Wisconsin 
StL: 8.83
YoY: 2%
MoM: -9%

Appleton, Wisconsin 
StL: 8.82
YoY: -4%
MoM: -13%

Philadelphia, Pennsylvania
StL: 8.82
YoY: -13%
MoM: -11%

The takeaway:

“Most markets are experiencing a slowdown in buyer activity, especially compared to the historically high traffic seen last year,” said ShowingTime Vice President and General Manager Michael Lane, in a release. “While summer is a slower time of year for real estate compared to spring, the dip we’re seeing compared to last June suggests this slowing is more about a rebalancing of an overheated market than just marking the end of the home shopping season.”

Tags: data reportHome ShowingsListingsMichael LaneShowingTime
ShareTweetShare

RISMedia Staff

Related Posts

Great Spaces: An Elevated Look at an Upper East Side Condo
Agents

Great Spaces: An Elevated Look at an Upper East Side Condo

June 3, 2023
Webinar: How Technology Is Changing the Home-Buying Process
Agents

Webinar: How Technology Is Changing the Home-Buying Process

June 3, 2023
Social Media Savvy: How Fostering a Sense of Authenticity Builds Trust and Credibility
Agents

Social Media Savvy: How Fostering a Sense of Authenticity Builds Trust and Credibility

June 2, 2023
Big Job Gains Fuel Optimism, but Could Confound Fed
Agents

Big Job Gains Fuel Optimism, but Could Confound Fed

June 2, 2023
The Power Broker Interview: Bess Freedman Shares Insights on Staying Successful Amid a Shifting Market
Agents

The Power Broker Interview: Bess Freedman Shares Insights on Staying Successful Amid a Shifting Market

June 2, 2023
Mortgage Mix: Modest Decline in Rates and Applications
Agents

Mortgage Mix: Modest Decline in Rates and Applications

June 2, 2023

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Tip of the Day

The Best Lead Strategy for Growth in Any Market Condition

Brokers and agents have always held the role of trusted advisors and experts, and this is even truer now. These realities are underscoring just how important better lead strategies are, so that teams can increase their lead flows over time, whether the market is up or down. Read More

Business Tip of the Day provided by

Recent Posts

  • Great Spaces: An Elevated Look at an Upper East Side Condo
  • Webinar: How Technology Is Changing the Home-Buying Process
  • Social Media Savvy: How Fostering a Sense of Authenticity Builds Trust and Credibility

Categories

  • Spotlights
  • Best Practices
  • Advice
  • Marketing
  • Technology
  • Social Media

The Most Important Real Estate News & Events

Click below to receive the latest real estate news and events directly to your inbox.

Sign Up
By signing up, you agree to our TOS and Privacy Policy.

About Blog Our Products Our Team Contact Advertise/Sponsor Media Kit Email Whitelist Terms & Policies ACE Marketing Technologies LLC

© 2023 RISMedia. All Rights Reserved. Design by Real Estate Webmasters.

No Result
View All Result
  • Home
  • Premier
  • Reports
  • News
    • Agents
    • Brokers
    • Teams
    • Consumer
    • Marketing
    • Coaching
    • Technology
    • Headliners New
    • Luxury
    • Best Practices
    • National
    • Our Editors
  • Publications
    • Real Estate Magazine
    • Past Issues
    • Custom Covers
  • Events
    • Upcoming Events
    • Podcasts
    • Event Coverage
  • Education
    • Get Licensed
    • REALTOR® Courses
    • Continuing Education
    • Luxury Designation
    • Real Estate Tools
  • Newsmakers
    • 2023 Newsmakers
    • 2022 Newsmakers
    • 2021 Newsmakers
    • 2020 Newsmakers
    • 2019 Newsmakers
  • Power Broker
    • 2023 Power Broker
    • 2022 Power Broker
    • 2021 Power Broker
    • 2020 Power Broker
    • 2019 Power Broker
  • Join Premier
  • Sign In

© 2023 RISMedia. All Rights Reserved. Design by Real Estate Webmasters.

Join Premier for as low as $30!

Join Premier
logo-rismedia-white
x
X