Federal Reserve Economic Data

Table Data - Housing Inventory: Pending Ratio in Albemarle County, VA

Title Housing Inventory: Pending Ratio in Albemarle County, VA
Series ID PENRAT51003
Source Realtor.com
Release Housing Inventory Core Metrics
Seasonal Adjustment Not Seasonally Adjusted
Frequency Monthly
Units Ratio
Date Range 2016-09-01 to 2024-11-01
Last Updated 2024-12-05 4:31 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
2016-09-01 0.4817
2016-10-01 0.4790
2016-11-01 0.5105
2016-12-01 0.5461
2017-01-01 0.5646
2017-02-01 0.5691
2017-03-01 0.6657
2017-04-01 0.7379
2017-05-01 0.7091
2017-06-01 0.6446
2017-07-01 0.5849
2017-08-01 0.5576
2017-09-01 0.5309
2017-10-01 0.5636
2017-11-01 0.5928
2017-12-01 0.6386
2018-01-01 0.7176
2018-02-01 0.8784
2018-03-01 0.9008
2018-04-01 0.9411
2018-05-01 0.8990
2018-06-01 0.7862
2018-07-01 0.6914
2018-08-01 0.5751
2018-09-01 0.5303
2018-10-01 0.5101
2018-11-01 0.5941
2018-12-01 0.6128
2019-01-01 0.6370
2019-02-01 0.7562
2019-03-01 0.8088
2019-04-01 0.8803
2019-05-01 0.9123
2019-06-01 0.8349
2019-07-01 0.7133
2019-08-01 0.6342
2019-09-01 0.5992
2019-10-01 0.5738
2019-11-01 0.6401
2019-12-01 0.6242
2020-01-01 0.6591
2020-02-01 0.7579
2020-03-01 0.8517
2020-04-01 0.7751
2020-05-01 0.7590
2020-06-01 0.8317
2020-07-01 0.8227
2020-08-01 0.8445
2020-09-01 0.9491
2020-10-01 1.0089
2020-11-01 1.0762
2020-12-01 1.2047
2021-01-01 1.3910
2021-02-01 2.0652
2021-03-01 2.3770
2021-04-01 2.5695
2021-05-01 2.5761
2021-06-01 2.5444
2021-07-01 2.0787
2021-08-01 1.9179
2021-09-01 1.8588
2021-10-01 2.0603
2021-11-01 2.3095
2021-12-01 2.5282
2022-01-01 3.0726
2022-02-01 3.2403
2022-03-01 3.3392
2022-04-01 3.2024
2022-05-01 2.4922
2022-06-01 2.1836
2022-07-01 1.7426
2022-08-01 1.6768
2022-09-01 1.5111
2022-10-01 1.3686
2022-11-01 1.2977
2022-12-01 1.3618
2023-01-01 1.4219
2023-02-01 1.4379
2023-03-01 1.4980
2023-04-01 1.6541
2023-05-01 1.6182
2023-06-01 1.5213
2023-07-01 1.4640
2023-08-01 1.2947
2023-09-01 1.1587
2023-10-01 1.1022
2023-11-01 1.1032
2023-12-01 1.1741
2024-01-01 1.2461
2024-02-01 1.4601
2024-03-01 1.6653
2024-04-01 1.7149
2024-05-01 1.7210
2024-06-01 1.5444
2024-07-01 1.2224
2024-08-01 1.1199
2024-09-01 1.1009
2024-10-01 1.0305
2024-11-01 1.0604

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