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Table Data - Housing Inventory: Pending Ratio in Richmond City, VA

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Title Housing Inventory: Pending Ratio in Richmond City, VA
Series ID PENRAT51760
Source Realtor.com
Release Housing Inventory Core Metrics
Seasonal Adjustment Not Seasonally Adjusted
Frequency Monthly
Units Ratio
Date Range 2016-07-01 to 2024-05-01
Last Updated 2024-06-04 4:30 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 0.0026
2016-08-01 0.0026
2016-09-01 0.0051
2016-10-01 0.0069
2016-11-01 0.0025
2016-12-01 0.0027
2017-01-01 0.9465
2017-02-01 1.2117
2017-03-01 1.4503
2017-04-01 1.4985
2017-05-01 1.6595
2017-06-01 1.5991
2017-07-01 1.2784
2017-08-01 1.2170
2017-09-01 1.0622
2017-10-01 1.0541
2017-11-01 1.0707
2017-12-01 1.1204
2018-01-01 1.1601
2018-02-01 1.4218
2018-03-01 1.6360
2018-04-01 1.6415
2018-05-01 1.8496
2018-06-01 1.5156
2018-07-01 1.2162
2018-08-01 0.9108
2018-09-01 0.7962
2018-10-01 0.7859
2018-11-01 0.7355
2018-12-01 0.8466
2019-01-01 0.7856
2019-02-01 0.8304
2019-03-01 0.8568
2019-04-01 1.1273
2019-05-01 1.2869
2019-06-01 1.1984
2019-07-01 0.9846
2019-08-01 0.9241
2019-09-01 0.8765
2019-10-01 0.8237
2019-11-01 0.8982
2019-12-01 0.8636
2020-01-01 0.9602
2020-02-01 1.2214
2020-03-01 1.5103
2020-04-01 1.3796
2020-05-01 1.4583
2020-06-01 1.5641
2020-07-01 1.5277
2020-08-01 1.6174
2020-09-01 1.5712
2020-10-01 1.5050
2020-11-01 1.4101
2020-12-01 1.6056
2021-01-01 1.7183
2021-02-01 2.4367
2021-03-01 2.2196
2021-04-01 2.5270
2021-05-01 2.4933
2021-06-01 2.3245
2021-07-01 1.7872
2021-08-01 1.6637
2021-09-01 1.4885
2021-10-01 1.6548
2021-11-01 1.7448
2021-12-01 2.1899
2022-01-01 2.5714
2022-02-01 3.1918
2022-03-01 3.0226
2022-04-01 3.1933
2022-05-01 2.6367
2022-06-01 1.9836
2022-07-01 1.4248
2022-08-01 1.4150
2022-09-01 1.1138
2022-10-01 1.1755
2022-11-01 0.9441
2022-12-01 0.8546
2023-01-01 0.9577
2023-02-01 1.2417
2023-03-01 1.4021
2023-04-01 1.6298
2023-05-01 1.8794
2023-06-01 1.7974
2023-07-01 1.3180
2023-08-01 1.0249
2023-09-01 0.9618
2023-10-01 0.8796
2023-11-01 1.0148
2023-12-01 0.9412
2024-01-01 0.9420
2024-02-01 1.3039
2024-03-01 1.3925
2024-04-01 1.3594
2024-05-01 1.2724

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