Federal Reserve Economic Data

Table Data - Housing Inventory: Pending Ratio in Mecklenburg County, NC

Title Housing Inventory: Pending Ratio in Mecklenburg County, NC
Series ID PENRAT37119
Source Realtor.com
Release Housing Inventory Core Metrics
Seasonal Adjustment Not Seasonally Adjusted
Frequency Monthly
Units Ratio
Date Range 2016-07-01 to 2024-10-01
Last Updated 2024-10-31 4:51 PM CDT
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 0.6886
2016-08-01 0.6341
2016-09-01 0.6061
2016-10-01 0.6063
2016-11-01 0.6277
2016-12-01 0.6339
2017-01-01 0.6230
2017-02-01 0.7275
2017-03-01 0.8260
2017-04-01 0.8020
2017-05-01 0.7843
2017-06-01 0.7422
2017-07-01 0.6811
2017-08-01 0.6431
2017-09-01 0.6016
2017-10-01 0.5876
2017-11-01 0.6023
2017-12-01 0.6183
2018-01-01 0.6138
2018-02-01 0.7150
2018-03-01 0.7632
2018-04-01 0.7994
2018-05-01 0.7432
2018-06-01 0.6861
2018-07-01 0.6008
2018-08-01 0.5710
2018-09-01 0.5451
2018-10-01 0.4728
2018-11-01 0.4706
2018-12-01 0.4472
2019-01-01 0.4551
2019-02-01 0.5413
2019-03-01 0.6184
2019-04-01 0.6728
2019-05-01 0.6314
2019-06-01 0.6201
2019-07-01 0.6197
2019-08-01 0.6145
2019-09-01 0.5902
2019-10-01 0.5733
2019-11-01 0.5778
2019-12-01 0.5646
2020-01-01 0.5675
2020-02-01 0.8184
2020-03-01 0.8410
2020-04-01 0.5938
2020-05-01 0.7097
2020-06-01 0.9926
2020-07-01 1.0521
2020-08-01 1.0207
2020-09-01 0.9723
2020-10-01 0.9619
2020-11-01 1.0385
2020-12-01 1.0477
2021-01-01 1.0733
2021-02-01 1.3003
2021-03-01 1.5333
2021-04-01 1.5672
2021-05-01 1.4535
2021-06-01 1.2311
2021-07-01 1.0977
2021-08-01 1.0619
2021-09-01 1.0451
2021-10-01 1.0060
2021-11-01 1.0947
2021-12-01 1.0829
2022-01-01 1.2033
2022-02-01 1.4499
2022-03-01 1.4226
2022-04-01 1.2932
2022-05-01 1.8436
2022-06-01 2.2320
2022-07-01 1.4529
2022-08-01 1.3344
2022-09-01 1.2922
2022-10-01 0.9908
2022-11-01 0.8407
2022-12-01 0.8562
2023-01-01 0.9244
2023-02-01 1.3838
2023-03-01 1.5645
2023-04-01 1.7285
2023-05-01 1.8293
2023-06-01 1.6749
2023-07-01 1.5063
2023-08-01 1.3862
2023-09-01 1.2713
2023-10-01 1.0415
2023-11-01 0.9581
2023-12-01 0.9621
2024-01-01 1.0990
2024-02-01 1.3464
2024-03-01 1.2716
2024-04-01 1.2406
2024-05-01 1.0665
2024-06-01 0.9328
2024-07-01 0.8119
2024-08-01 0.7163
2024-09-01 0.6254
2024-10-01 0.6570

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