Federal Reserve Economic Data

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

Title Housing Inventory: Pending Ratio in Salem County, NJ
Series ID PENRAT34033
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 0.2293
2016-08-01 0.2224
2016-09-01 0.1573
2016-10-01 0.2208
2016-11-01 0.2131
2016-12-01 0.2058
2017-01-01 0.1772
2017-02-01 0.1772
2017-03-01 0.2325
2017-04-01 0.2759
2017-05-01 0.2383
2017-06-01 0.2365
2017-07-01 0.2380
2017-08-01 0.2295
2017-09-01 0.1864
2017-10-01 0.1514
2017-11-01 0.0008
2017-12-01 0.0017
2018-01-01 0.0009
2018-02-01 0.0000
2018-03-01 0.0051
2018-04-01 0.0055
2018-05-01 0.0032
2018-06-01 0.0046
2018-07-01 0.0037
2018-08-01 0.0023
2018-09-01 0.0064
2018-10-01 0.0025
2018-11-01 0.0027
2018-12-01 0.0075
2019-01-01 0.0119
2019-02-01 0.0177
2019-03-01 0.0250
2019-04-01 0.0267
2019-05-01 0.0392
2019-06-01 0.0192
2019-07-01 0.0296
2019-08-01 0.0173
2019-09-01 0.0175
2019-10-01 0.0157
2019-11-01 0.0338
2019-12-01 0.0302
2020-01-01 0.0248
2020-02-01 0.0459
2020-03-01 0.0540
2020-04-01 0.0683
2020-05-01 0.0868
2020-06-01 0.1282
2020-07-01 0.1485
2020-08-01 0.1224
2020-09-01 0.1796
2020-10-01 1.0647
2020-11-01 0.8811
2020-12-01 0.8830
2021-01-01 0.7692
2021-02-01 0.7805
2021-03-01 0.7905
2021-04-01 0.9582
2021-05-01 1.0000
2021-06-01 1.1055
2021-07-01 0.9652
2021-08-01 0.7800
2021-09-01 0.7500
2021-10-01 0.8178
2021-11-01 0.8365
2021-12-01 0.8144
2022-01-01 0.7709
2022-02-01 0.8513
2022-03-01 0.9685
2022-04-01 1.1497
2022-05-01 1.1104
2022-06-01 1.0092
2022-07-01 0.7849
2022-08-01 0.7011
2022-09-01 0.5961
2022-10-01 0.5931
2022-11-01 0.5767
2022-12-01 0.5169
2023-01-01 0.5955
2023-02-01 0.8262
2023-03-01 1.0435
2023-04-01 0.9225
2023-05-01 1.1184
2023-06-01 0.9842
2023-07-01 0.7899
2023-08-01 0.8484
2023-09-01 0.7219
2023-10-01 0.7247
2023-11-01 0.5808
2023-12-01 0.5150
2024-01-01 0.4887
2024-02-01 0.7240
2024-03-01 0.7639
2024-04-01 0.8175
2024-05-01 0.8475
2024-06-01 0.8425
2024-07-01 0.9490
2024-08-01 0.8675
2024-09-01 0.6334
2024-10-01 0.5273
2024-11-01 0.6158

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