ShowingTime Showing Index®

A Leading Indicator of Current and Future Demand Trends in the Real Estate Industry

December 2022

Showing traffic declined again throughout the country in December, according to the ShowingTime Showing Index®. For a look at daily showing data at the state/province level, click here.

-32.2%

United
States

 

-27%

Northeast Region

 

-29.1%

Midwest Region

 

-36.3%

South
Region

 

-57.2%

West
Region

 

December home showing traffic dropped by 32.2% nationwide year over year, according to the ShowingTime Showing Index.

The Northeast’s dip of 27.2% in buyer demand last month year over year was again the smallest of the regional drops, followed closely by the Midwest’s decline of 29.1%. The South itself experienced a 36.3% dip last month, with the West’s 57.2% decline rounding out the regional activity.

About

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®