This week, the housing market officially entered its Post-Thanksgiving Leftover Funk.
You know the phase:
No one knows what day it is, stuffing is now a breakfast food, and we’re all just quietly pretending the fridge isn’t a Jenga tower of half-empty containers.
Showings slowed, attention drifted, and the market collectively said, “Let’s… circle back on that next week.”
But under the mashed-potato fog, there are still some signals worth paying attention to.
📉 Overall Showing Activity
Showings were down 14.8% compared to this time last year.
Before anyone launches into a Zillow-fueled existential crisis:
It’s the week after Thanksgiving.
A significant percentage of the population is still on I-94.
Another percentage is powering through leftover pie.
And everyone else is googling “Are Christmas trees more expensive this year?”
This drop is seasonal, predictable, and frankly… earned.
The market needed a nap.
🔥 The Standout Segment
Once again, the $600–$800K price band refused to fully fall asleep.
Showings were up 2.2% year-over-year — which in late November is basically a CrossFit workout.
What this tells us:
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Buyers in this segment are motivated
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Lifestyle moves are outweighing rate anxiety
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If the home fits, they will tour
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This is the “quiet but persistent” segment heading into early 2026
While the rest of the market is curled up under a weighted blanket, these buyers are still lacing up their boots.
🛋 Meanwhile, in the Bread-and-Butter Lane…
The $300–$400K range hit a wall:
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Showings down 15.7% YoY
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Still 26.6% of all showings (the busiest category in the entire metro)
So yes — it stalled.
But it’s still where the bulk of demand lives.
Think of it as Target the Sunday after Thanksgiving: fewer carts, same amount of wandering.
The segment is still strong.
Just… momentarily drowsy.
🤑 The Ultra-High End
Listings over $1M accounted for 2.9% of showings.
Not booming. Not flatlining.
More like:
“politely alert but still digesting pumpkin pie.”
Expect this segment to reawaken after December 10, when everyone decides it’s finally time to stop pretending the holiday season isn’t happening.
💰 Rates This Week
Mortgage rates averaged 6.2% nationally.
Not glamorous.
Not horrifying.
Somewhere between “lukewarm” and “sure, that’ll do.”
The sideways movement continues — and stability is the biggest gift to buyers right now.
🧭 Tracy’s Take
This week had peak “holiday hangover energy.”
Sellers slowed.
Buyers slowed.
Everyone slowed.
But the fundamentals still matter:
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The mid-upper price tier continues to hold its own
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The core $300–$400K segment remains the heartbeat of the market
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Rates are stable
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Seasonality is doing exactly what it always does
The market isn’t struggling.
It’s stretching after a big meal.
Expect a soft first half of December, followed by a slow-but-steady pickup as early 2026 sellers get restless and buyers re-engage before Super Bowl Sunday.
🗣 If a move is on your radar…
Don’t misread the holiday haze.
If you want:
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a real strategy
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a pricing plan based on actual data
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clarity on your micro-market
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or just someone to give it to you straight…
Talk to Tracy.
No fluff.
No wishful thinking.
Just the truth — and a plan that actually works.