Showings Per Listing Starting Its Annual Decline

The number of Showings Per Listing is starting its annual decline. This is caused by more inventory coming to the market as well as buyer traffic going down. The below graph shows buyer traffic from last year (blue line) and this year (orange line) so you can see this is nothing uncommon.

Showings Per Listing will decline from this point until we get to December and then will start to move back up in January.

It is still a good time to sell but prices will likely peak this month and then they will start their annual decline until next year.