You Haven’t Seen This Thanksgiving Impact On Real Estate

Thanks giving

Thanks giving

It has been long been considered common knowledge that the buying craze of Black Friday does not extend to real estate, thanks to a lack of large savings for homes on the unofficial shopping holiday.

However, what days do see the biggest bumps in traffic, and which days are the slowest? And are there any states impacted differently by the Thanksgiving holiday? took a look at the amount of traffic based on days of the year, and uncovered some interesting results.

Traffic slows for Thanksgiving and picks up slightly for Black Friday, found, but buyer traffic does not see a full return to form until that Saturday. However, there is typically only 6 percent of the typical stock of open houses scheduled for that weekend, when compared to other November weekends. Other days that see a significant decrease in buyer traffic are Christmas Eve and Christmas Day, as well as Valentine’s Day.

Statewide, Hawaii sees the least amount of effect from Thanksgiving, with traffic being down only 10 percent on average compared to the quarter. New Hampshire, on the other hand, sees a drop of around 60 percent.


About RM

I'm a coder. I have been for as longer as I can remember. I am also a writer, a healthy enthusiast, a real estate finder and a bunch of other things too.
This entry was posted in Marketing and tagged . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s