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The median number of showings to pending is a metric that measures how many times the typical home was shown to potential buyers before receiving an accepted offer and going into pending status. This figure represents the middle point, meaning half of homes went pending with fewer showings and half required more.
For example, if the median is fifteen showings, it means the typical home in that market attracted an accepted offer after being viewed fifteen times by prospective buyers. This number varies significantly based on market conditions and desirability of a property.
Keep in mind, this data does not include showings at Open Houses where a home could have 20+ groups of people though in a single day (although that may include people who are not actively looking to buy the home). It also includes buyers who may be touring the home multiple times before deciding to submit or not submit an offer.
Tracking the median number of showings before homes go pending helps buyers understand how competitive the market is and how quickly they need to act. If homes are going pending after just three or four showings, buyers know they're in a fast-moving market where hesitation could mean losing out, so they should have financing ready and be prepared to make strong, decisive offers.
Conversely, if the typical home receives fifteen or twenty showings before getting an offer, buyers can afford to be more deliberate, schedule second viewings, and negotiate more confidently. This metric helps buyers calibrate their strategy, knowing whether they're facing a sprint where speed matters or a more relaxed market where they have time to carefully evaluate their options.
Tracking the median number of showings before homes go pending helps sellers set realistic expectations and diagnose potential issues with their listing. If similar homes in their neighborhood are going pending after five or six showings but their property has had fifteen with no offers, it's a clear signal that something needs adjustment, whether that's pricing, staging, or marketing approach.
This metric also helps sellers understand the typical timeline from listing to pending status, allowing them to plan their move and avoid panic if they haven't received an offer after just a few showings in a slower market. When the median is high, sellers know they need patience and may want to stay flexible on terms or price. When it's low, they can feel confident that a well-priced, well-presented home should attract offers quickly.
By comparing their showing count to the market median, sellers gain an objective benchmark that cuts through emotional attachment to their home and helps them make data-driven decisions about when to hold firm and when to make strategic changes.
Contact me anytime for more stats or to learn more about the buying and selling process.