We have reached the annual bottom of showing activity. To highlight how low showing activity was during the last week, you can compare it to the depths of the pandemic recession in March and April of 2020. The graph will show that showing activity was higher then than it is now.
Not to worry though, this is completely normal for this time of year. We will see a quick bounce back as we enter the new year. One thing that will likely keep showing activity lower than usual is the lack of inventory available for buyers to see. I’d like to say that will improve as we enter the spring market as more sellers put their home on the market but I feel that inventory will not be able to keep up with demand at least for the first half of 2022.
If you are a seller, this is all good news and I feel prices will likely see a burst of appreciation as we enter the spring market.