Federal Reserve Economic Data

Table Data - Housing Inventory: Pending Ratio in Wayne County, MI

Title Housing Inventory: Pending Ratio in Wayne County, MI
Series ID PENRAT26163
Source Realtor.com
Release Housing Inventory Core Metrics
Seasonal Adjustment Not Seasonally Adjusted
Frequency Monthly
Units Ratio
Date Range 2016-07-01 to 2025-01-01
Last Updated 2025-01-30 4:56 PM CST
Notes The share of pending listing to active listings in a given market during the specified month.

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 0.0209
2016-08-01 0.0208
2016-09-01 0.0179
2016-10-01 0.0175
2016-11-01 0.0145
2016-12-01 0.0146
2017-01-01 0.0127
2017-02-01 0.0144
2017-03-01 0.0144
2017-04-01 0.0174
2017-05-01 0.0221
2017-06-01 0.0211
2017-07-01 0.0233
2017-08-01 0.0243
2017-09-01 0.0198
2017-10-01 0.0164
2017-11-01 0.0188
2017-12-01 0.0182
2018-01-01 0.0127
2018-02-01 0.0178
2018-03-01 0.0216
2018-04-01 0.0225
2018-05-01 0.0256
2018-06-01 0.0245
2018-07-01 0.0239
2018-08-01 0.0195
2018-09-01 0.0559
2018-10-01 0.0518
2018-11-01 0.0480
2018-12-01 0.0438
2019-01-01 0.0447
2019-02-01 0.0507
2019-03-01 0.0553
2019-04-01 0.0656
2019-05-01 0.0701
2019-06-01 0.0610
2019-07-01 0.0543
2019-08-01 0.0502
2019-09-01 0.0461
2019-10-01 0.0430
2019-11-01 0.0390
2019-12-01 0.0342
2020-01-01 0.0360
2020-02-01 0.0423
2020-03-01 0.0720
2020-04-01 0.0677
2020-05-01 0.0890
2020-06-01 0.1635
2020-07-01 0.1814
2020-08-01 0.2049
2020-09-01 0.2042
2020-10-01 0.2242
2020-11-01 0.2065
2020-12-01 0.1886
2021-01-01 0.1913
2021-02-01 0.2211
2021-03-01 0.2246
2021-04-01 0.2462
2021-05-01 0.2472
2021-06-01 0.2261
2021-07-01 0.2087
2021-08-01 0.1907
2021-09-01 0.1924
2021-10-01 0.1769
2021-11-01 0.1901
2021-12-01 0.1714
2022-01-01 0.1690
2022-02-01 0.1809
2022-03-01 0.1993
2022-04-01 0.2100
2022-05-01 0.1900
2022-06-01 0.1599
2022-07-01 0.1363
2022-08-01 0.1253
2022-09-01 0.1173
2022-10-01 0.1022
2022-11-01 0.0965
2022-12-01 0.0832
2023-01-01 0.0975
2023-02-01 0.1142
2023-03-01 0.1364
2023-04-01 0.1461
2023-05-01 0.1568
2023-06-01 0.1542
2023-07-01 0.1393
2023-08-01 0.8095
2023-09-01 0.7579
2023-10-01 0.6918
2023-11-01 0.6305
2023-12-01 0.6296
2024-01-01 0.5732
2024-02-01 0.6224
2024-03-01 0.6935
2024-04-01 0.7547
2024-05-01 0.8062
2024-06-01 0.7900
2024-07-01 0.7373
2024-08-01 0.7122
2024-09-01 0.6707
2024-10-01 0.6421
2024-11-01 0.6766
2024-12-01 0.5845
2025-01-01 0.5622

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