After a Nosedive, Property Showings Are Rebounding in DC
✉️ Want to forward this article? Click here.
A month after home showings took a dramatic nosedive in DC in the wake of physical distancing guidelines, new data shows a rebound in April for both in-person property showings and online viewings.
The latest data from ShowingTime indicates that property showings in DC proper for the week ending April 21st fell by 45% from the 2020 weekly average, and by 54% compared to the same time last year.
story continues below
loading...story continues above
However, showings have been trending upward since the second week of April. In the week ending April 6th, showings hit their lowest level this year, sitting at 60% beneath this year's weekly average, so the drop-off of just 45% reveals an increase in activity.
Amid stay-at-home orders and brokerages increasingly offering remote showing options, a new Zillow report shows a rebound in traffic to online property listings.
In the DC area, Zillow listing views bottomed out in the week ending March 22nd, falling by 14% year-over-year, but in the week ending April 7th, views had rebounded to the same levels seen in April 2019. And, for the week ending April 15th, views were up by 21% year-over-year.
Zillow's year-over-year comparisons have been adjusted so that the "week" ends on the same day (eg. the week ending Wednesday, April 15, 2020 is compared to the week ending Wednesday, April 17, 2019).
See other articles related to: pandemic, physical distancing, showings, showingtime, zillow
This article originally published at https://dc.urbanturf.com/articles/blog/online-views-of-dc-area-listings-up-21-year-over-year/16754.
Most Popular... This Week • Last 30 Days • Ever
Today, UrbanTurf takes a look at the distinct differences between these two popular f... read »
The largest residential conversion planned in the neighborhood is continuing to move ... read »
DC restaurant Pascual makes national best new restaurant list; Minetta Tavern is abou... read »
Despite it being a slower year for the housing market in the DC area, there are two B... read »
The rising fees that come with homeownership; Virginia toll road costs RV driver near... read »
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro