Average number of showings

I had 25 showings in one full week. Similar house, but 80% more expensive. Only one offer. No cancellations.

sast wrote: ↑ I had 25 showings in one full week. Similar house, but 80% more expensive. Only one offer. No cancellations.

80% more expensive means 80% felt house is more expensive or house is 250k worth and 1.1 is 80% expensive ?

sast wrote: ↑ I had 25 showings in one full week. Similar house, but 80% more expensive. Only one offer. No cancellations.

Not sure what you mean by 80% more expensive. Can you please explain?

Clarification: offered price range approx. 1.8m. Are your expectations for showings higher or lower?

sast wrote: ↑ Clarification: offered price range approx. 1.8m. Are your expectations for showings higher or lower?

I had about 32 showings in 4 days. Wondering if that is lower or higher side of average showings on semis.

nhr594 wrote: ↑ I had about 32 showings in 4 days. Wondering if that is lower or higher side of average showings on semis.

i think the market has slowed down a bit since 3-4 weeks ago.
my house had 31 showings in 4 days as well.
today is the offer night, so we'll see where we land.

jamieee wrote: ↑ i think the market has slowed down a bit since 3-4 weeks ago.
my house had 31 showings in 4 days as well.
today is the offer night, so we'll see where we land.

I got mine tomorrow. Let me know how it goes for you. Good luck!!

Talked with couple of friends realtors this morning and showings definitive slow down since March started.

A semi (900 to 1 million) was getting around 50 to 70 showings average the first two weeks of February, now semis in the same area are getting around 30.

Some of the reasons are because more houses are in the market (this is normal when spring approach) and GTA going back to business.

jamieee wrote: ↑ i think the market has slowed down a bit since 3-4 weeks ago.
my house had 31 showings in 4 days as well.
today is the offer night, so we'll see where we land.

Keep us posted and where are you located so we can get a better idea (general area nothing too specific)

30+ showings in 4 days being the norm.

Ahh what a time to be alive.

nhr594 wrote: ↑ I got mine tomorrow. Let me know how it goes for you. Good luck!!

will do. best of luck.

TheAgent416 wrote: ↑ Keep us posted and where are you located so we can get a better idea (general area nothing too specific)

Milton.
single car garage, detached.

jamieee wrote: ↑ Milton.
single car garage, detached.

How did it go..sorry couldn’t wait for your reply.

We had 36 between Thursday afternoon and Monday afternoon with 2 being 2nd visits.

Any update? How was offer night?

jamieee wrote: ↑ i think the market has slowed down a bit since 3-4 weeks ago.
my house had 31 showings in 4 days as well.
today is the offer night, so we'll see where we land.

what would cause the change in scenery in your opinion? Is it because of hike in fixed interest rate?

rapashoo wrote: ↑ what would cause the change in scenery in your opinion? Is it because of hike in fixed interest rate?

I think more houses are on the market so the supply and demand dynamic changed and thus, less people rushing into one house all at once. With more to choose from, that means bids will be spread out between all the houses for sale. I recall looking casually during the earlier winter months and there weren’t much for sale. All of a sudden this month, I’m seeing literally 4 houses put up for sale signs on my street within a few days apart.

bobbings wrote: ↑ I think more houses are on the market so the supply and demand dynamic changed and thus, less people rushing into one house all at once. With more to choose from, that means bids will be spread out between all the houses for sale. I recall looking casually during the earlier winter months and there weren’t much for sale. All of a sudden this month, I’m seeing literally 4 houses put up for sale signs within a few days apart.

Agreed. Just 1-2 months ago there were nearly no listings in my area and when one came up it sold within days for hundreds of thousand over asking. Now there are like 8 listings and while they are selling, it's taking much longer. I think things are calming down a bit.

Near Kingston Ontario. Detached SFH
11 showings over 2 days. What is everyone else seeing?
Looks like it’s slowed down the last couple weeks with more properties on the market.