December 2023 Foot Traffic

by Anonymous

Cover of the December 2023 Sentrilock Home Showings Foot Traffic report

Home Showings in the U.S. in December 2023

Showings up 5% Y/Y in December

In December 2023, U.S. showings were up 5% year-over-year, with 453,616 showings, according to data from SentriLock, LLC., a lockbox company. The pace of showing activity has declined compared to last month, November 2023.

SentriLock Cards Inclined 3% Y/Y

The total number of U.S. SentriLock cards rose 3% year-over-year to 232,218. 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 2% 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 2% year-over-year in December.

Line graph: Foot Traffic Year-Over-Year Change in U.S. Home Showings, January 2009 to December 2023

Regional Home Showings in December 2023

Two of the four Regions Saw Y/Y Showings Increase

Two of the four regions saw an increase in showings on a year-over-year basis in December: South (12%) and Midwest (5%). Showings were down in the Northeast (-5%) and the West (-3%).

Y/Y SentriLock Cards Increased In Two of the Four Regions

Cards on a y/y basis were up in the South (10%), followed by the Midwest (2%). Cards were down in the Northeast (-16%), followed by the West, which was down (-2%).

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 increase in showings per card in December. The West had the only decline of (-1%). The Northeast had the biggest increase (13%), followed by the Midwest (6%). The South region had the smallest gain of (2%).