April 2024 Foot Traffic
Home Showings in the U.S. in April 2024
Showings up 3% Y/Y in April
April 2024 U.S. showings were up 3% year over year, with 771,878 showings, according to data from SentriLock, LLC., a lockbox company. The pace of showing activity has inclined compared to last month, March 2024.
SentriLock Cards Inclined 2% Y/Y
Total U.S. SentriLock cards rose 2% year over year to 229,252. SentriLock cards, comprised of SentriKey® and SentriCard®, allow REALTORS® to access the Sentrilock® lockbox and are an indicator of the number of REALTORS® who conduct the showing.
Showings Per Card Increased by 1% 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 1% year over year in April.
Regional Home Showings in April 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 April: The Northeast had the biggest gain (26%), followed by the South (9%). The West had the smallest increase (2%). Showings were down in the Midwest (-4%).
Y/Y SentriLock Cards Decreased In Two of the four Regions
Cards were up in the South (9%) and the Northeast (4%) on a year-over-year basis. The Midwest fell (-2%), followed by the West (-1% ), 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 year-over-year increases in showings per card in April. The Northeast had the biggest increase (21%) followed by the West (3%). The South fell (-1%) followed by the Midwest region, which declined (-2%).
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