July 2024 Foot Traffic
Home Showings in the U.S. in July 2024
Showings up 1% Y/Y in July
July 2024 U.S. showings were up 1% year-over-year, with 754,338 showings, according to data from SentriLock, LLC., a lockbox company. The pace of showing activity has declined compared to last month, June 2024.
SentriLock Cards Inclined 1% Y/Y
Total U.S. SentriLock cards rose1% year-over-year to 231,839. SentriLock cards, comprised of SentriKey® and SentriCard®,allow REALTORS® to access the Sentrilock® lockbox and indicate the number of REALTORS® who conduct the showing.
Showings Per Card Showed No Gain 0% Y/Y
The number of showings per card reflects the strength of buyer interest per listed property. At a national level, showings per card were flat at 0% year over year in July.
Regional Home Showings in July 2024
Two of the four Regions Saw Y/Y Showings Increase
Two of the four regions saw an increase in showings year-over-year in July: The Northeast had the biggest gain (28%), followed by the South (7%). The Midwest had the biggest decline (-5%) followed by the West with the smallest drop (-2%).
Y/Y SentriLock Cards Decreased In Two of the four Regions
Cards were up in the South (8%) and the Northeast (6%) on a year-over-year basis. The West fell (-4 %), followed by the Midwest (-3 % ), which had the smallest decline.
Showings Per Card Increased In Two of the Four Regions On A Y/Y Basis
Two of the four regions saw a year-over-year increase in showings per card in July. The Northeast had the biggest incline (21%), followed by the West (2%). The Midwest fell by (-2%) followed by the South region which declined (-1%).
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