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Date Archives: April 2020

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Buying | 1 Posts
Coronavirus | 2 Posts
Uncategorized | 1 Posts

Coronavirus (COVID-19) effects on Showing Activity in the Twin Cities, MN

Showing Activity in the Twin Cities is Up Over Last Year

In the Twin Cities all Realtors schedule and track showings using the same platform, ShowingTime. Through this vendor we can obtain meaningful insight into how the pandemic is affecting showing activity.

In mid-March, as COVID-19 started picking up steam, showing activity started to slow. At that time, the number of daily showings in our market was up 54.4% over the last year in the same week. For about three weeks, showing activity slowed until April 2nd, when daily showings were down 11.7% from the same week in 2019.

Since April 3rd, 2020, activity has trended back upward! As of April 23rd, the number of showings taking place daily is 26.9% higher than the same week in 2019.

Our industry, has embraced social distancing and other CDC recommended practices while on showings. We don't have data specific to how many of these showings were "virtual," where the agent does a live video stream to the buyer from the home, but we do know that trend has gained a lot of traction locally.

Showing activity is generally a great indication of future sales, so we anticipate home sales (and values) will continue to grow.

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 02/07/2023. The listing information on this page last changed on 02/07/2023. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of RMLS-MN MLS (last updated Tue 02/07/2023 9:57:02 PM EST) or Northwestern Wisconsin MLS (last updated Tue 02/07/2023 10:01:14 PM EST). Real estate listings held by brokerage firms other than RE/MAX Professionals may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved. --

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