NAR SentriLock Foot Traffic Report: April 2022

Showings on homes with SentriLock lockboxes were down 19% in March compared to one year ago, according to the NAR SentriLock April 2022 Foot Traffic Report by the National Association of REALTORS® Research Group.

SentriLock lockboxes are used in roughly one-third of home showings across the nation. Every month, SentriLock, LLC provides its parent company, the National Association of REALTORS®, with data on the number of properties shown by a REALTOR®. Foot traffic has a strong correlation with future contracts and home sales, so it can be viewed as a peek ahead at sales trends two to three months into the future.

Summary

• Showings on homes with SentriLock lockboxes decreased in April compared to one year ago. Nationally, SentriLock home showings were down 19% year-over-year. SentriLock showings totaled 841,739 for March.
• Showings decreased year-over-year in virtually every region. Decreases were seen in the Northeast Region (-55%); Midwest Region (-27%); and West Region (-23%), and the South Region (-5%).

Typical seasonal showings trends changed in March when showing activity pace increased from previous months’ inclines.

Excerpted from the NAR SentriLock Foot Traffic Report April 2022
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