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Title:               Housing Inventory: Pending Ratio in Hunterdon County, NJ
Series ID:           PENRAT34019
Source:              Realtor.com
Release:             Housing Inventory Core Metrics
Seasonal Adjustment: Not Seasonally Adjusted
Frequency:           Monthly
Units:               Ratio
Date Range:          2016-07-01 to 2024-04-01
Last Updated:        2024-05-02 4:59 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
                     (https://www.realtor.com/research/data/).
                     
                     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
                     (https://www.realtor.com/research/data/).

DATE         VALUE
2016-07-01  0.0414
2016-08-01  0.0458
2016-09-01  0.0425
2016-10-01  0.0530
2016-11-01  0.0578
2016-12-01  0.0583
2017-01-01  0.0534
2017-02-01  0.0502
2017-03-01  0.0663
2017-04-01  0.0708
2017-05-01  0.0650
2017-06-01  0.0613
2017-07-01  0.0589
2017-08-01  0.0447
2017-09-01  0.0456
2017-10-01  0.0422
2017-11-01  0.0268
2017-12-01  0.0217
2018-01-01  0.0160
2018-02-01  0.0170
2018-03-01  0.0251
2018-04-01  0.0286
2018-05-01  0.0182
2018-06-01  0.0076
2018-07-01  0.0042
2018-08-01  0.0073
2018-09-01  0.0094
2018-10-01  0.0032
2018-11-01  0.0034
2018-12-01  0.0051
2019-01-01  0.0077
2019-02-01  0.0076
2019-03-01  0.0088
2019-04-01  0.0142
2019-05-01  0.0149
2019-06-01  0.0157
2019-07-01  0.0129
2019-08-01  0.0111
2019-09-01  0.0112
2019-10-01  0.0113
2019-11-01  0.0160
2019-12-01  0.0206
2020-01-01  0.0182
2020-02-01  0.0160
2020-03-01  0.0169
2020-04-01  0.0078
2020-05-01  0.0077
2020-06-01  0.0243
2020-07-01  0.0383
2020-08-01  0.0449
2020-09-01  0.0513
2020-10-01  0.1250
2020-11-01  0.1222
2020-12-01  0.0930
2021-01-01  0.0940
2021-02-01  0.6895
2021-03-01  0.9075
2021-04-01  0.9848
2021-05-01  0.9216
2021-06-01  0.9248
2021-07-01  0.8561
2021-08-01  0.8179
2021-09-01  0.7714
2021-10-01  0.7581
2021-11-01  0.7613
2021-12-01  0.8498
2022-01-01  0.9755
2022-02-01  0.8803
2022-03-01  0.9667
2022-04-01  1.0112
2022-05-01  0.9091
2022-06-01  0.8128
2022-07-01  0.7110
2022-08-01  0.7003
2022-09-01  0.6771
2022-10-01  0.6636
2022-11-01  0.6522
2022-12-01  0.6783
2023-01-01  0.7046
2023-02-01  0.8941
2023-03-01  0.9833
2023-04-01  0.9895
2023-05-01  1.0448
2023-06-01  1.1369
2023-07-01  1.0219
2023-08-01  1.0714
2023-09-01  0.8017
2023-10-01  0.7669
2023-11-01  0.7738
2023-12-01  0.8009
2024-01-01  0.7215
2024-02-01  0.7626
2024-03-01  0.8744
2024-04-01  0.9634