Home | Newsletter | Advertise
loading...

Property Showings Trending Upward in DC

  • May 22nd 2020

by Nena Perry-Brown

As jurisdictions outside of the immediate DC area begin easing stay-at-home restrictions, UrbanTurf is taking another look at trends for showings of homes on the market. 

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

ShowingTime's latest data indicates that in-person property showings nationwide are almost at the same rate that they were a year ago. Showings for the week ending May 21st were two percent lower than this year's pre-pandemic high, and 5.7% lower than the same time last year.

Showings have not rebounded quite as impressively in DC proper, although they are trending upward compared to a month ago. 

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

Property showings in DC for the week ending May 21st are just below the 2020 weekly average, and 13.6% lower than the same time in 2019. Because this year's market started off so hot in the city, showings over the past week are 18% lower compared to the peak seen just prior to the pandemic. 

Parts of Maryland and Virginia have already begun phased "reopening", but rebounds in showings have been a mixed bag. Property showings in Maryland are 10.6% lower than observed over the same time last year, and are 3.8% lower than this year's pre-pandemic peak. In Virginia, property showings have dropped off 25% compared to where they were at the same time last year, and 7.5% lower than this year's pre-pandemic peak.

See other articles related to: pandemic, showings, showingtime

This article originally published at https://dc.urbanturf.com/articles/blog/property-showings-in-dc-18-lower-than-2020-highs/16873.

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. Visit guides.urbanturf.com or start browsing below!

First-Timer Primers

Intro guides for first-time home buyers

Red Flags Revealed During a Home Inspection Top 5 Tax Breaks For Homeowners Tax Relief for DC Homeowners
Condo Fee Tutorial What is a Rent Back? 10 Ways To Tell If a Home Renovation is Well Done
Obtaining a Basic Business License For Your Rental What is an Adjustable Rate Mortgage? The Splitting the Rent Formula
How Much Cash Do You Need to Buy a House? Is This Condo Building Financially Healthy? Interest Rates and Mortgage Points
The Scoop on Mortgage Insurance

Unique Spaces

Awesome and unusual real estate from across the DC Metro

The Most Intriguing Loft in DC The R Street Firehouse DC’s One-Room House
Dupont Circle’s Old Frat House To Become Alley Home Best Transition From a Garage To a Home The Roundhouse
Tilden Gardens Restaurant-Turned-Home Hits Market Next Week Logan Circle’s Most Intriguing Garage Frank Lloyd Wright Goes Green in Kensington
Sears Bungalow Gets a Modern Makeover Old Town General Store Becomes Three-Level Home Making the Most of a Skinny House
A Studio 27 Renovation on Capitol Hill Once a Carriage House, Now a Home The Bank that Became a Home
From Pie to Hooch to Heroin to Home The Live-Aboards of Gangplank Marina A Treehouse with Rock Creek Park As A Backyard
Modern Tranquility in Sperryville Saddle Up For Stable Living Throwing a Curve at 550 Square Feet
A Modern Hilltop Retreat Tilden Street Restaurant Becomes Spacious Home Focus on Design: A Vastu Unit at 22 West
The DC Area’s First Net Zero Home A Yankee Goes Green DC’s First Carbon Neutral Home
Eco-Friendly Alley House Off H Street The Gym, The Stables and The Firehouse