As we’ve stated, the market is showing signs of picking up. RE/MAX is the dominant residential real estate company in SW Florida, outselling every other company and several of our next closest competitors combined. As the Premier Market Leaders in SW Florida, we’ve decided to create the RE/MAX showing index whereby we’ll track showing on our listings as a gauge to how the overall market is doing. Stats provided are from the RE/MAX Realty Group office in Fort Myers.
Phone calls lead to showings, showings lead to pendings, pending sales lead to close sales. We’ve always been able to track market inventory, pending sales, and closed sales. For the first time we’ll provide data on showings.
While this report won’t include all showings, as some could actually be setup by agent, it does represent a good picture of what showing activity is for the month.
Total Number of Showings November 2006 | 561 |
Average Number of Showings Before Selling | 6.3 |
Average number of Showings During 1st Week of Listing | .3 |
2nd Week of Listing | .4 |
3rd Week of Listing | .4 |
4th Week of Listing | .3 |
5th Week of Listing | .4 |
6th Week of Listing | .3 |
Keep in mind that November had a Holiday which limits showings the last week or so of the month.
Total Number of Showings October 2006 | 599 |
Average Number of Showings Before Selling | 6.5 |
Average number of Showings During 1st Week of Listing | .5 |
2nd Week of Listing | .5 |
3rd Week of Listing | .3 |
4th Week of Listing | .4 |
5th Week of Listing | .3 |
6th Week of Listing | .2 |
We will post new numbers as they come out each month. This will be the earliest indicator of what the market may do in the future.