ShowingTime Showing Index^®

July 2024

July showing traffic was down 22.6% year over year across the U.S., according to the ShowingTime ShowingIndex. Year-over-year deficits were recorded across each region; however, the West showed a small increase between June and July 2024 of 0.7%. For a look at daily showing data on a state/province level, please click here.

-21.5%

West
Region

Month over month, showing traffic declined by 10% across the U.S. in July compared to June. As the summer season continues, trends indicate affordability with high interest rates continuing to have an impact on home buyers decision-making.

Major metropolitan areas such as Hartford, CT, Cleveland, OH, and Bridgeport, CT, saw the greatest declines in showings, month over month. Meanwhile, Manhattan, KS, Providence, RI, and San Luis Obispo, CA, saw the greatest increases in showing traffic from June to July.

About

The ShowingTime Showing Index® tracks the average number of buyer showings on active residential properties on a monthly basis, a highly reliable leading indicator of current and future demand trends.

Our national and regional indices – seen as quadrants on a map of the United States above – are computed based on a representative sample of more than 100,000 listings from 25 local markets across the United States. Our methodology focuses on properties listed by agents subscribing to ShowingTime’s full appointment management solutions at the agent and office levels.

It includes all buyer showing appointments requested or logged across all ShowingTime systems including ShowingTime for the MLS, ShowingTime Front Desk and the ShowingTime Appointment Center.

We’re also developing localized versions of the Showing Index, which will be available in certain MLS markets.