Some segments of the local real estate market are slowing down...

New listings that would have had 20 showings in the first week a year ago are now only having two or three showings in the first week.

But... that slowing down is not affecting all properties equally. 

Plenty of homes coming on the market are still experiencing a flurry of showings (10+ in week one) and sometimes multiple offers.

Perhaps it's the great unleveling?

Before the COVID induced real estate boom of 2020 and 2021, there was plenty of variability between properties.  Some new listings would have lots of showings immediately after hitting the market... and some new listings wouldn't have any at all.

But then, in 2020 and 2021, it seemed that almost every listing out there (any location, any price, any property type, any condition) would have lots of showings... right away.

It didn't matter if you had a steep driveway... or a small yard... or if your home needed cosmetic updates.  During the home buying frenzy of 2020 and 2021, nearly every home would have lots of early interest.

But now, the great unleveling...

Now, some properties (in some locations and some price ranges) will have plenty of showings... and some will not.

As a seller, it's nothing to fear or obsess over... but you do need to recognize this changing market dynamic as you are developing a pricing and marketing strategy for your home.