February 2024 Foot Traffic

by Anonymous

Home Showings in the U.S. in February 2024

Showings up 4% Y/Y in February

February 2024 U.S. showings were up 4% year-over-year, with 623,727 showings, according to data from SentriLock, LLC., a lockbox company. The pace of showing activity has inclined compared to last month, January 2024.

SentriLock Cards Inclined 2% Y/Y

Total U.S. SentriLock cards rose 2% year-over- year to 226,893. 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 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 February.

Line graph: U.S. Year-Over-Year Change in Home Showings, January 2009 through January 2024

Regional Home Showings in January 2024

One of the four Regions Saw Y/Y Showings Increase

One of the four regions saw an increase in showings on a year-over-year basis in February: South (10%), followed by the Midwest (0%) and West, both flat (0%). Showings were down in the Northeast (- 5%).

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

Cards on a y/y basis were up only in the South (10%). The West fell (-1%) followed by the Midwest (-4%). The Northeast region had the largest decline in cards (- 17%).

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 incline in showings per card in February. The Northeast had the biggest incline (14%), followed by the Midwest (4%). The West rose by (1%) followed by the South region, which was flat (0%).

U.S. Map: Regional Year-Over-Year Change in Home Showings in February 2024

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