ShowingTime Showing Index®
A Leading Indicator of Current and Future Demand Trends in the Real Estate Industry
September showing traffic was up 5.5% year over year across the U.S., continuing the trend of remaining elevated above pre-pandemic levels, according to the ShowingTime Showing Index®. For a look at daily showing data at the state/province level, click here.
Month-over-month showing traffic declined 7.9% across the U.S. in September compared to August, in line with expected seasonal slowdowns as winter approaches.
Major metros saw month-over-month declines, though year-over-year results varied. For example, buyer traffic was up 33% in Las Vegas and 13% in San Francisco compared to last September, but declined 30% in Memphis and 24% in Houston..
The ShowingTime Showing Index® tracks the average number of buyer showings on active residential properties on a monthly basis, a highly reliable leading indicator of current and future demand trends.
Our national and regional indices – seen as quadrants on a map of the United States above – are computed based on a representative sample of more than 100,000 listings from 25 local markets across the United States. Our methodology focuses on properties listed by agents subscribing to ShowingTime’s full appointment management solutions at the agent and office levels.
It includes all buyer showing appointments requested or logged across all ShowingTime systems including ShowingTime for the MLS, ShowingTime Front Desk and the ShowingTime Appointment Center.
We’re also developing localized versions of the Showing Index, which will be available in certain MLS markets.
“The best in the country in showing statistics.”
Lawrence Yun, Chief Economist, National Association of REALTORS®