Federal Reserve Economic Data

Table Data - Housing Inventory: Pending Ratio in Lea County, NM

Title Housing Inventory: Pending Ratio in Lea County, NM
Series ID PENRAT35025
Source Realtor.com
Release Housing Inventory Core Metrics
Seasonal Adjustment Not Seasonally Adjusted
Frequency Monthly
Units Ratio
Date Range 2016-07-01 to 2024-12-01
Last Updated 2025-01-07 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 0.3640
2016-08-01 0.3598
2016-09-01 0.3595
2016-10-01 0.3721
2016-11-01 0.3724
2016-12-01 0.3665
2017-01-01 0.3553
2017-02-01 0.4012
2017-03-01 0.4131
2017-04-01 0.4256
2017-05-01 0.4410
2017-06-01 0.4727
2017-07-01 0.3916
2017-08-01 0.3888
2017-09-01 0.3633
2017-10-01 0.3087
2017-11-01 0.2867
2017-12-01 0.3473
2018-01-01 0.4263
2018-02-01 0.0000
2018-03-01 0.0000
2018-04-01 0.0000
2018-05-01 0.0000
2018-06-01 0.0000
2018-07-01 0.0000
2018-08-01 0.0000
2018-09-01 0.0000
2018-10-01 0.0000
2018-11-01 0.0082
2018-12-01 0.0189
2019-01-01 0.0435
2019-02-01 0.1024
2019-03-01 0.7922
2019-04-01 1.5590
2019-05-01 1.5345
2019-06-01 1.1980
2019-07-01 1.0485
2019-08-01 1.0696
2019-09-01 1.0342
2019-10-01 1.0042
2019-11-01 0.8015
2019-12-01 0.8261
2020-01-01 0.9507
2020-02-01 1.0431
2020-03-01 1.3014
2020-04-01 0.8672
2020-05-01 0.7769
2020-06-01 0.8133
2020-07-01 1.0417
2020-08-01 1.1154
2020-09-01 0.8355
2020-10-01 0.8036
2020-11-01 0.6776
2020-12-01 0.5956
2021-01-01 0.6383
2021-02-01 0.6900
2021-03-01 0.8375
2021-04-01 1.0155
2021-05-01 1.1077
2021-06-01 0.9226
2021-07-01 0.8792
2021-08-01 0.9377
2021-09-01 0.9266
2021-10-01 0.8621
2021-11-01 0.8601
2021-12-01 0.9288
2022-01-01 .
2022-02-01 0.0085
2022-03-01 0.0093
2022-04-01 0.0196
2022-05-01 0.0164
2022-06-01 0.0225
2022-07-01 0.0185
2022-08-01 0.0180
2022-09-01 0.0092
2022-10-01 0.0093
2022-11-01 0.0245
2022-12-01 0.0169
2023-01-01 0.0089
2023-02-01 0.0104
2023-03-01 0.0111
2023-04-01 0.0062
2023-05-01 0.0426
2023-06-01 0.0641
2023-07-01 0.0732
2023-08-01 0.0536
2023-09-01 0.0741
2023-10-01 0.0514
2023-11-01 0.0417
2023-12-01 0.0390
2024-01-01 0.0414
2024-02-01 0.0420
2024-03-01 0.0366
2024-04-01 0.0483
2024-05-01 0.0132
2024-06-01 0.0241
2024-07-01 0.0903
2024-08-01 0.0698
2024-09-01 0.7515
2024-10-01 1.2623
2024-11-01 1.3125
2024-12-01 1.0987

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