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Weekly Activity Snapshot Week 35 2021: 8/31/2021 to 9/6/2021 New listings fell slightly during Week 35, off 4.8 percent from year-ago levels. For the week ending September 6, REALTORS® entered 2,764 properties into the Multiple Listing Service (MLS) compared to 2,902 a year ago. Overall, though, new listings have maintained a positive trajectory since Q2 2021. Sellers withdrew fewer property listings from the MLS in Week 35 than during the same week in 2020. Off-market listings remained 29.2 percent below their level in Week 35 of last year. A total of 1,209 homes went from active to off-market compared to 1,708 last year. Pending listings returned to negative territory in Week 35 after last week’s first positive performance in 13 weeks. A total of 2,114 property listings went under contract compared to 2,531 in Week 35 of last year. That is a 16.5 percent year-over-year decline in the number of listings that went under contract. New Listings Off-Market Listings Pending Listings -4.8% -16.5% -29.2% 2,902 2,531 1,708 2,764 2,114 1,209 ©Copyright 2021 HAR.com | Source: HAR.com, HAR MLS, analysis prepared in cooperation with the Real Estate Center at Texas A&M University. Statistics are for the Houston MSA. 2020 2021 2020 2021 2020 2021

Transcript of ©Copyright 2021 HAR.com | Source: HAR.com, HAR MLS ...

Weekly Activity SnapshotWeek 35 2021: 8/31/2021 to 9/6/2021

New listings fell slightly during Week 35, off 4.8 percent from year-ago levels. For the week ending September 6, REALTORS® entered 2,764 properties into the Multiple Listing Service (MLS) compared to 2,902 a year ago. Overall, though, new listings have maintained a positive trajectory since Q2 2021.

Sellers withdrew fewer property listings from the MLS in Week 35 than during the same week in 2020. Off-market listings remained 29.2 percent below their level in Week 35 of last year. A total of 1,209 homes went from active to off-market compared to 1,708 last year.

Pending listings returned to negative territory in Week 35 after last week’s first

positive performance in 13 weeks. A total of 2,114 property listings went under contract compared to 2,531 in Week 35 of last year.

That is a 16.5 percent year-over-year decline in the number of listings that went under

contract.

New Listings

Off-Market Listings

Pending Listings

-4.8%

-16.5%

-29.2%

2,902

2,531

1,708

2,764

2,114

1,209

©Copyright 2021 HAR.com | Source: HAR.com, HAR MLS, analysis prepared in cooperation with the Real Estate Center at Texas A&M University.Statistics are for the Houston MSA.

2020 2021

2020 2021

2020 2021

Showings continued to draw lower numbers of consumers as attention turned from real estate to back-to-school. Year-over-year showings traffic at Houston-area properties fell 30.5 percent for the week ending September 6. Showings volume totaled 29,387 versus 42,268 for the same week in 2020.

Showings

-30.5%42,26829,387

Sold listings held to positive territory for a fifth consecutive week in Week 35, continuing

to exceed 2020’s record pace. Closed sales of homes totaled 2,431 versus 2,276 for the same week last year. That is up 6.8 percent

from year-ago volume.

Closings

6.8%2,2762,431

2020 2021

2020 2021

2020 2021

HAR.com Listing Views Open Houses

-18.5%14,430,51111,765,986

3,757 HeldIn-Person & Virtual

Weekly Activity SnapshotWeek 35 2021: 8/31/2021 to 9/6/2021

©Copyright 2021 HAR.com | Source: HAR.com, HAR MLS, analysis prepared in cooperation with the Real Estate Center at Texas A&M University.Statistics are for the Houston MSA.