Between low interest rates and loosening pandemic-related restrictions in the DC area, prospective home buyers are increasingly willing to get out and see listings in-person. Today, UrbanTurf takes an updated look at the trend of in-person home showings in the area.
According to new data from ShowingTime, in-person property showings nationwide were slightly lower for the week ending September 26th than the pre-pandemic high for the year, yet 16.5% higher than the same timeframe last year.
Since June, in-person showings in DC have tracked closely with and even exceeded showings observed at the same time in 2019. For the week ending September 26th, showings were 4.5% higher than seen during the same week last year. The past week's showings also exceeded this year's weekly averages by 20.5%.
Showings in Maryland over the last week were a fraction below the pre-pandemic high, but 12% higher than the same period last year. In Virginia, property showings over the week ending September 26th were 3.6% lower than this year's pre-pandemic high — which occurred in July — and 7.5% higher than those observed over the same time last year.
Note: The data is from in-person showings booked directly through ShowingTime and does not reflect those made by realtors off-platform. Anecdotally, realtors have also been scheduling in-person showings over the past several months.
This article originally published at https://dc.urbanturf.com/articles/blog/in-person-home-showings-in-dc-over-past-week-45-higher-than-last-year/17338.
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