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Title:               Housing Inventory: Pending Ratio in Orange County, NY
Series ID:           PENRAT36071
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 4:48 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  0.0232
2016-08-01  0.0269
2016-09-01  0.0264
2016-10-01  0.0252
2016-11-01  0.0274
2016-12-01  0.0280
2017-01-01  0.0310
2017-02-01  0.0299
2017-03-01  0.0281
2017-04-01  0.0289
2017-05-01  0.0283
2017-06-01  0.0280
2017-07-01  0.0301
2017-08-01  0.0272
2017-09-01  0.0269
2017-10-01  0.0274
2017-11-01  0.0379
2017-12-01  0.0403
2018-01-01  0.0406
2018-02-01  0.0406
2018-03-01  0.0555
2018-04-01  0.0607
2018-05-01  0.0580
2018-06-01  0.0470
2018-07-01  0.0407
2018-08-01  0.0361
2018-09-01  0.0292
2018-10-01  0.0329
2018-11-01  0.0345
2018-12-01  0.0373
2019-01-01  0.0435
2019-02-01  0.0490
2019-03-01  0.0465
2019-04-01  0.0428
2019-05-01  0.0420
2019-06-01  0.0448
2019-07-01  0.0444
2019-08-01  0.0428
2019-09-01  0.0375
2019-10-01  0.0346
2019-11-01  0.0339
2019-12-01  0.0323
2020-01-01  0.0293
2020-02-01  0.0329
2020-03-01  0.0315
2020-04-01  0.1912
2020-05-01  0.0329
2020-06-01  0.0429
2020-07-01  0.0525
2020-08-01  0.0615
2020-09-01  0.0764
2020-10-01  0.0801
2020-11-01  0.0804
2020-12-01  0.0923
2021-01-01  0.0923
2021-02-01  0.1062
2021-03-01  0.1098
2021-04-01  0.1043
2021-05-01  0.1058
2021-06-01  0.1001
2021-07-01  0.0890
2021-08-01  0.0803
2021-09-01  0.0890
2021-10-01  0.0866
2021-11-01  0.0831
2021-12-01  0.0896
2022-01-01  0.0958
2022-02-01  0.0994
2022-03-01  0.1053
2022-04-01  0.0877
2022-05-01  0.0816
2022-06-01  0.0859
2022-07-01  0.0835
2022-08-01  0.0767
2022-09-01  0.0797
2022-10-01  0.0794
2022-11-01  0.0730
2022-12-01  0.0667
2023-01-01  0.0744
2023-02-01  0.0815
2023-03-01  0.0854
2023-04-01  0.0892
2023-05-01  0.1013
2023-06-01  0.1143
2023-07-01  0.1107
2023-08-01  0.0832
2023-09-01  0.0690
2023-10-01  0.0809
2023-11-01  0.0742
2023-12-01  0.0899
2024-01-01  0.0879
2024-02-01  0.0603
2024-03-01  0.0620
2024-04-01  0.1860
2024-05-01  0.1721