Federal Reserve Economic Data

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

Title Housing Inventory: Pending Ratio in Monmouth County, NJ
Series ID PENRAT34025
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 0.0123
2016-08-01 0.0122
2016-09-01 0.0123
2016-10-01 0.0121
2016-11-01 0.0128
2016-12-01 0.0139
2017-01-01 0.0125
2017-02-01 0.0127
2017-03-01 0.0152
2017-04-01 0.0143
2017-05-01 0.0148
2017-06-01 0.0168
2017-07-01 0.0159
2017-08-01 0.0125
2017-09-01 0.0110
2017-10-01 0.0096
2017-11-01 0.0006
2017-12-01 0.0017
2018-01-01 0.0015
2018-02-01 0.0020
2018-03-01 0.0029
2018-04-01 0.0017
2018-05-01 0.0009
2018-06-01 0.0006
2018-07-01 0.0016
2018-08-01 0.0022
2018-09-01 0.0023
2018-10-01 0.0021
2018-11-01 0.0016
2018-12-01 0.0025
2019-01-01 0.0025
2019-02-01 0.0025
2019-03-01 0.0030
2019-04-01 0.0034
2019-05-01 0.0024
2019-06-01 0.0036
2019-07-01 0.0027
2019-08-01 0.0026
2019-09-01 0.0019
2019-10-01 0.0016
2019-11-01 0.0036
2019-12-01 0.0021
2020-01-01 0.0031
2020-02-01 0.0032
2020-03-01 0.0091
2020-04-01 0.0172
2020-05-01 0.5960
2020-06-01 0.8272
2020-07-01 1.0258
2020-08-01 1.1881
2020-09-01 1.2057
2020-10-01 1.1897
2020-11-01 1.2749
2020-12-01 1.3028
2021-01-01 1.2678
2021-02-01 1.4507
2021-03-01 1.5226
2021-04-01 1.6886
2021-05-01 1.6469
2021-06-01 1.4966
2021-07-01 1.3882
2021-08-01 1.1755
2021-09-01 1.0922
2021-10-01 0.9839
2021-11-01 1.3489
2021-12-01 2.0800
2022-01-01 1.9438
2022-02-01 2.0468
2022-03-01 2.0694
2022-04-01 1.9139
2022-05-01 1.6433
2022-06-01 1.5327
2022-07-01 1.2418
2022-08-01 1.1633
2022-09-01 1.1307
2022-10-01 1.0171
2022-11-01 0.9226
2022-12-01 0.9527
2023-01-01 0.9549
2023-02-01 1.1852
2023-03-01 1.3522
2023-04-01 1.3891
2023-05-01 1.4069
2023-06-01 1.3316
2023-07-01 1.0706
2023-08-01 1.0570
2023-09-01 1.0048
2023-10-01 0.9179
2023-11-01 0.8656
2023-12-01 0.9339
2024-01-01 0.9151
2024-02-01 0.9037
2024-03-01 1.0484
2024-04-01 1.0922
2024-05-01 1.0879
2024-06-01 1.0206
2024-07-01 0.9631
2024-08-01 0.9164
2024-09-01 0.8876
2024-10-01 0.8949
2024-11-01 0.9244

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