Home searches crowded despite rising costs

By Lisa R. Baker | Glendale Star (Image by Jens Neumann)

If you’re searching for a home and it seems a little crowded out there, there’s a reason.

According to ShowingTime, the platform Realtors use to schedule most of the MLS showings, showings of Peoria listings in the $300,000 to $399,999 range averaged 23.3 showings per listing, and Peoria traffic in the $200,000 to $299,999 range averaged 25.1 showings per listing.

In Glendale, homes in the $300,000 to $399,999 range averaged 20.7 showings per listings, and in the $200,000 to $299,999, the average was 24.2 showings per listing.

These numbers are double and triple the numbers of showings per listing from just one year ago. Considering a closing typically takes 30 days, and the average days on the market is down to 34 days, nearly all of these showings are taking place in the first couple of days a listing is active.

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