Federal Reserve Economic Data

Table Data - Housing Inventory: Pending Ratio in Mercer County, NJ

Title Housing Inventory: Pending Ratio in Mercer County, NJ
Series ID PENRAT34021
Source Realtor.com
Release Housing Inventory Core Metrics
Seasonal Adjustment Not Seasonally Adjusted
Frequency Monthly
Units Ratio
Date Range 2016-07-01 to 2024-11-01
Last Updated 2024-12-05 4:52 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 0.5403
2016-08-01 0.5357
2016-09-01 0.3620
2016-10-01 0.4649
2016-11-01 0.4745
2016-12-01 0.5169
2017-01-01 0.5349
2017-02-01 0.5614
2017-03-01 0.5927
2017-04-01 0.6423
2017-05-01 0.6731
2017-06-01 0.7152
2017-07-01 0.6495
2017-08-01 0.5793
2017-09-01 0.5177
2017-10-01 0.4161
2017-11-01 0.0043
2017-12-01 0.0023
2018-01-01 0.0026
2018-02-01 0.0012
2018-03-01 0.0879
2018-04-01 0.1090
2018-05-01 0.1067
2018-06-01 0.1023
2018-07-01 0.0870
2018-08-01 0.0788
2018-09-01 0.0769
2018-10-01 0.0847
2018-11-01 0.0893
2018-12-01 0.0667
2019-01-01 0.0845
2019-02-01 0.1340
2019-03-01 0.1675
2019-04-01 0.2033
2019-05-01 0.2172
2019-06-01 0.2224
2019-07-01 0.1903
2019-08-01 0.1643
2019-09-01 0.1533
2019-10-01 0.1450
2019-11-01 0.1435
2019-12-01 0.1594
2020-01-01 0.1853
2020-02-01 0.2119
2020-03-01 0.2341
2020-04-01 0.2254
2020-05-01 0.2617
2020-06-01 0.3200
2020-07-01 0.3833
2020-08-01 0.4804
2020-09-01 0.4808
2020-10-01 1.4694
2020-11-01 1.4621
2020-12-01 1.3974
2021-01-01 1.5852
2021-02-01 2.0489
2021-03-01 2.0460
2021-04-01 2.2711
2021-05-01 2.0232
2021-06-01 1.7744
2021-07-01 1.4950
2021-08-01 1.5431
2021-09-01 1.4940
2021-10-01 1.5158
2021-11-01 1.7053
2021-12-01 1.7976
2022-01-01 1.9037
2022-02-01 1.8894
2022-03-01 1.8779
2022-04-01 1.9217
2022-05-01 1.6413
2022-06-01 1.5522
2022-07-01 1.3240
2022-08-01 1.2567
2022-09-01 1.2679
2022-10-01 1.1631
2022-11-01 0.9913
2022-12-01 1.0260
2023-01-01 1.0451
2023-02-01 1.2345
2023-03-01 1.4307
2023-04-01 1.7430
2023-05-01 1.9953
2023-06-01 1.8913
2023-07-01 1.8136
2023-08-01 1.5928
2023-09-01 1.5131
2023-10-01 1.3834
2023-11-01 1.4534
2023-12-01 1.5617
2024-01-01 1.4692
2024-02-01 1.5126
2024-03-01 1.6025
2024-04-01 1.6318
2024-05-01 1.6885
2024-06-01 1.7081
2024-07-01 1.5177
2024-08-01 1.2191
2024-09-01 1.1099
2024-10-01 1.1179
2024-11-01 1.0519

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