Home Showings in the U.S. in June 2023
Showings flat Y/Y in June
June 2023 U.S. showings were flat year-over-year, with 766,696 showings, according to data from SentriLock, LLC., a lockbox company. The pace of showing activity has inclined compared to last month, May 2023.
SentriLock Cards Increased 5% Y/ Y
Total U.S. SentriLock cards rose 5% year-over-year to 228,205. SentriLock cards, comprised of SentriKey® and SentriCard®, allow REALTORS® to access the Sentrilock® lockbox and is an indicator of the number of REALTORS® who conduct the showing.
Showings Per Card Decreased by 5% Y/Y
The number of showings per card reflects thestrength of buyer interest per listed property. At a national level, showings per card decreased 5% year over year in June.
Regional Home Showings in June 2023
Three of Four Regions Saw Y/Y Showings Decrease
Three of four regions saw a decrease in showings on a year over year basis in June: Northeast (-20%), Midwest (-3%), West (-3%), and increased in the South (5%).
Y/Y SentriLock Cards Increased In Two of the Four Regions
Cards on a y/y basis were up in the South (14%), followed by the Midwest (3%). Cards were down in the Northeast (-8%) followed by the West, which was down (-2%).
Showings Per Card Decreased In All Four Regions On A Y/Y Basis
All regions saw a year-over-year decrease in showings per card in June. The Northeast had the largest dip of (-13%) followed by the South with a decline of
(-8%). The Midwest fell (-7%), followed by the West (-1%) in June.