Home Showings in the U.S. in March 2024
Showings up 6% Y/Y in March
March 2024 U.S. showings were up 6% year-over-year, with 753,534 showings, according to data from SentriLock, LLC., a lockbox company. The pace of showing activity has inclined compared to last month, February 2024.
SentriLock Cards Inclined 2% Y/Y
Total U.S. SentriLock cards rose2% year-over-year to 228,503. SentriLock cards, comprised of SentriKey® and SentriCard®,allow REALTORS® to access the Sentrilock® lockbox and indicate the number of REALTORS® who conduct showings.
Showings Per Card Increased by 4% Y/Y
The number of showings per card reflects the strength of buyer interest per listed property. At a national level, showings per card increased 4% year-over-year in March.
Regional Home Showings in March 2024
Three of the four Regions Saw Y/Y Showings Increase
Three of the four regions saw an increase in showings on a year-over-year basis in March: The South had the biggest gain (11%), followed by the West (5%). The Midwest had the smallestincreaseof 1%. Showings were down in the Northeast (-6%).
Y/Y SentriLock Cards Decreased In Three of the four Regions
Cards on a y/y basis were up only in the South (9%). The West fell (-1%),followed by the Midwest (-3%). The Northeast region had the largest decline in cards (-6%).
Showings Per Card Increased In Three of the Four Regions On A Y/Y Basis
Three of the four regions saw a year-over-year increasein showings per card in March. The West had the biggest incline (6%),followed by the Midwest (4%). The South rose by (1%) followed by the Northeast region,which was flat (0%).