Federal Reserve Economic Data

Table Data - Housing Inventory: Pending Ratio in Westmoreland County, PA

Title Housing Inventory: Pending Ratio in Westmoreland County, PA
Series ID PENRAT42129
Source Realtor.com
Release Housing Inventory Core Metrics
Seasonal Adjustment Not Seasonally Adjusted
Frequency Monthly
Units Ratio
Date Range 2016-07-01 to 2024-09-01
Last Updated 2024-10-03 4:39 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 0.3856
2016-08-01 0.3731
2016-09-01 0.3415
2016-10-01 0.3424
2016-11-01 0.3217
2016-12-01 0.3049
2017-01-01 0.2801
2017-02-01 0.3605
2017-03-01 0.4330
2017-04-01 0.4628
2017-05-01 0.4661
2017-06-01 0.4440
2017-07-01 0.4337
2017-08-01 0.4108
2017-09-01 0.3804
2017-10-01 0.3795
2017-11-01 0.3436
2017-12-01 0.2940
2018-01-01 0.2836
2018-02-01 0.3683
2018-03-01 0.4824
2018-04-01 0.5608
2018-05-01 0.5373
2018-06-01 0.4940
2018-07-01 0.5028
2018-08-01 0.5212
2018-09-01 0.4845
2018-10-01 0.4429
2018-11-01 0.4169
2018-12-01 0.3954
2019-01-01 0.4166
2019-02-01 0.5191
2019-03-01 0.5920
2019-04-01 0.5926
2019-05-01 0.6016
2019-06-01 0.5907
2019-07-01 0.5867
2019-08-01 0.5775
2019-09-01 0.5325
2019-10-01 0.4998
2019-11-01 0.4513
2019-12-01 0.3905
2020-01-01 0.4041
2020-02-01 0.5353
2020-03-01 0.6184
2020-04-01 0.4386
2020-05-01 0.3302
2020-06-01 0.9015
2020-07-01 1.0961
2020-08-01 0.9784
2020-09-01 1.0128
2020-10-01 1.0385
2020-11-01 1.0139
2020-12-01 0.8710
2021-01-01 0.8177
2021-02-01 1.1393
2021-03-01 1.5386
2021-04-01 1.5267
2021-05-01 1.7128
2021-06-01 1.5951
2021-07-01 1.3271
2021-08-01 1.1465
2021-09-01 1.1393
2021-10-01 1.0585
2021-11-01 1.1603
2021-12-01 0.9578
2022-01-01 0.9831
2022-02-01 1.3624
2022-03-01 1.3768
2022-04-01 1.5341
2022-05-01 1.4324
2022-06-01 1.2669
2022-07-01 0.9980
2022-08-01 0.9163
2022-09-01 0.8718
2022-10-01 0.7043
2022-11-01 0.6328
2022-12-01 0.5778
2023-01-01 0.6234
2023-02-01 0.8385
2023-03-01 1.0668
2023-04-01 1.0594
2023-05-01 1.1764
2023-06-01 1.1112
2023-07-01 1.0818
2023-08-01 1.0152
2023-09-01 0.9436
2023-10-01 0.7446
2023-11-01 0.7067
2023-12-01 0.6280
2024-01-01 0.6071
2024-02-01 0.7908
2024-03-01 0.8819
2024-04-01 0.9769
2024-05-01 0.9042
2024-06-01 0.8887
2024-07-01 0.8026
2024-08-01 0.7124
2024-09-01 0.6957

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