Federal Reserve Economic Data

Table Data - Housing Inventory: Median Days on Market in Somerset, PA (CBSA)

Title Housing Inventory: Median Days on Market in Somerset, PA (CBSA)
Series ID MEDDAYONMAR43740
Source Realtor.com
Release Housing Inventory Core Metrics
Seasonal Adjustment Not Seasonally Adjusted
Frequency Monthly
Units Level
Date Range 2016-07-01 to 2024-11-01
Last Updated 2024-12-05 5:07 PM CST
Notes The median number of days property listings spend on the market in a given geography during the specified month (calculated from list date to closing, pending, or off-market date depending on data availability).

With the release of its September 2022 housing trends report, Realtor.com® incorporated a new and improved methodology for capturing and reporting housing inventory trends and metrics. The new methodology updates and improves the calculation of time on market and improves handling of duplicate listings. Most areas across the country will see minor changes with a smaller handful of areas seeing larger updates. As a result of these changes, the data released since October 2022 will not be directly comparable with previous data releases (files downloaded before October 2022) and Realtor.com® economics blog posts. However, future data releases, including historical data, will consistently apply the new methodology. More details are available at the source's Real Estate Data Library.

With the release of its November 2021 housing trends report, Realtor.com® incorporated a new and improved methodology for capturing and reporting housing inventory trends and metrics. The new methodology uses the latest and most accurate data mapping of listing statuses to yield a cleaner and more consistent measurement of active listings at both the national and local level. The methodology has also been adjusted to better account for missing data in some fields including square footage. Most areas across the country will see minor changes with a smaller handful of areas seeing larger updates. As a result of these changes, the data released since December 2021 will not be directly comparable with previous data releases (files downloaded before December 2021) and Realtor.com® economics blog posts. However, future data releases, including historical data, will consistently apply the new methodology. More details are available at the source's Real Estate Data Library.
DATE VALUE
2016-07-01 105
2016-08-01 108
2016-09-01 113
2016-10-01 127
2016-11-01 129
2016-12-01 134
2017-01-01 145
2017-02-01 146
2017-03-01 151
2017-04-01 157
2017-05-01 127
2017-06-01 99
2017-07-01 100
2017-08-01 107
2017-09-01 115
2017-10-01 122
2017-11-01 122
2017-12-01 135
2018-01-01 156
2018-02-01 157
2018-03-01 157
2018-04-01 156
2018-05-01 105
2018-06-01 101
2018-07-01 95
2018-08-01 99
2018-09-01 103
2018-10-01 108
2018-11-01 118
2018-12-01 135
2019-01-01 150
2019-02-01 162
2019-03-01 161
2019-04-01 153
2019-05-01 97
2019-06-01 89
2019-07-01 87
2019-08-01 89
2019-09-01 94
2019-10-01 96
2019-11-01 103
2019-12-01 123
2020-01-01 138
2020-02-01 148
2020-03-01 151
2020-04-01 168
2020-05-01 173
2020-06-01 116
2020-07-01 122
2020-08-01 84
2020-09-01 84
2020-10-01 66
2020-11-01 66
2020-12-01 82
2021-01-01 101
2021-02-01 123
2021-03-01 131
2021-04-01 76
2021-05-01 74
2021-06-01 48
2021-07-01 45
2021-08-01 52
2021-09-01 58
2021-10-01 73
2021-11-01 93
2021-12-01 108
2022-01-01 126
2022-02-01 105
2022-03-01 60
2022-04-01 46
2022-05-01 50
2022-06-01 39
2022-07-01 46
2022-08-01 41
2022-09-01 48
2022-10-01 58
2022-11-01 66
2022-12-01 80
2023-01-01 91
2023-02-01 91
2023-03-01 51
2023-04-01 37
2023-05-01 33
2023-06-01 44
2023-07-01 49
2023-08-01 46
2023-09-01 53
2023-10-01 45
2023-11-01 49
2023-12-01 61
2024-01-01 84
2024-02-01 101
2024-03-01 47
2024-04-01 44
2024-05-01 47
2024-06-01 47
2024-07-01 49
2024-08-01 55
2024-09-01 57
2024-10-01 59
2024-11-01 69

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