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DC Area Property Showings Continue Rebound

by Nena Perry-Brown

The DC area is in the second phase of "reopening" as stay-at-home restrictions are lifted, but the real estate market has been defiantly high-demand throughout the public health crisis even when sales dipped. Today, UrbanTurf is taking another look at trends for showings of homes on the market in the region.

Change in showings nationwide from the beginning of the year. Click to enlarge.

The latest data from ShowingTime indicates that, for the week ending May 25th, in-person property showings nationwide had exceeded the rate observed during the same period in 2019. For the week ending June 21, showings were 9% higher than this year's pre-pandemic high, and nearly 5% higher than the same time last year.

Change in showings in DC proper from the beginning of the year. Click to enlarge.

Despite continuing to trend upward, DC proper showings are lagging behind the rest of the country. There have only been six days over the past month where the weekly average for property showings exceeded those seen the same time last year. For the week ending June 21, showings in the city remain 0.7% below the pre-pandemic peak, and almost 2% lower than the same time in 2019, an improvement from the 13.6% delta seen a month ago. 

However, property showings in Maryland similarly are having an uneven rebound. There were seven days this month where the weekly average of showings exceeded that from 2019, and over the week ending June 21st, showings were still almost 3% lower than those seen over the same time last year despite being 5% above the pre-pandemic peak. And while showings in Virginia are still trending upward, they remain firmly below the 2019 rates, having risen to 3% above the pre-pandemic peak over the week ending June 21st while lagging behind last year's rate by 11%.

See other articles related to: stay-at-home, showingtime, showings, pandemic

This article originally published at https://dc.urbanturf.com/articles/blog/dc-area-lags-behind-nationwide-rebound-in-showings/16990

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The Vibrancy Might Take a Few Years
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Radical Change Could Be On The Way

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Bedroom Community Gets Buzzing Cache
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Experiencing a Resurgence After a Bumpy History
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Despite the Dynamism, Still Somewhat Generic
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A Foodie Magnet on the Verge of Change
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Kudzu, Front Porches and Crime
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Glass Half Full or Half Empty?
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A Development Rises Next to the Potomac
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Do You Know Where That Is?
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A Suburb With a DC Zip Code
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Not To Be Confused With Takoma Park
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The Difference a Decade Makes
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Deceptively Residential
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Not to Be Confused With Bloomingdale
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Five Years Could Make a Big Difference
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The Difference 5 Years Makes
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Big Houses, A Dusty Commercial Strip and Potential

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