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Title:               Housing Inventory: Pending Ratio in Montgomery County, PA
Series ID:           PENRAT42091
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 5:40 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  0.6125
2016-08-01  0.5531
2016-09-01  0.3628
2016-10-01  0.4956
2016-11-01  0.4891
2016-12-01  0.4802
2017-01-01  0.4825
2017-02-01  0.5794
2017-03-01  0.7175
2017-04-01  0.8188
2017-05-01  0.8747
2017-06-01  0.8605
2017-07-01  0.7644
2017-08-01  0.6674
2017-09-01  0.5958
2017-10-01  0.4669
2017-11-01  0.0003
2017-12-01  0.0000
2018-01-01  0.0004
2018-02-01  0.0004
2018-03-01  0.0997
2018-04-01  0.1090
2018-05-01  0.1138
2018-06-01  0.0974
2018-07-01  0.0812
2018-08-01  0.0873
2018-09-01  0.0677
2018-10-01  0.0692
2018-11-01  0.0794
2018-12-01  0.0778
2019-01-01  0.1111
2019-02-01  0.1673
2019-03-01  0.2342
2019-04-01  0.2881
2019-05-01  0.2990
2019-06-01  0.2573
2019-07-01  0.2214
2019-08-01  0.1808
2019-09-01  0.1690
2019-10-01  0.1705
2019-11-01  0.1763
2019-12-01  0.1373
2020-01-01  0.1582
2020-02-01  0.2196
2020-03-01  0.2753
2020-04-01  0.2016
2020-05-01  0.2014
2020-06-01  0.3529
2020-07-01  0.3830
2020-08-01  0.3776
2020-09-01  0.3970
2020-10-01  1.4848
2020-11-01  1.5262
2020-12-01  1.6008
2021-01-01  1.4817
2021-02-01  1.9667
2021-03-01  1.9481
2021-04-01  2.1637
2021-05-01  2.0853
2021-06-01  2.1977
2021-07-01  1.9390
2021-08-01  1.8172
2021-09-01  1.7414
2021-10-01  1.7128
2021-11-01  1.8977
2021-12-01  2.1051
2022-01-01  2.0679
2022-02-01  2.2004
2022-03-01  2.3542
2022-04-01  2.5557
2022-05-01  2.2441
2022-06-01  1.9242
2022-07-01  1.5364
2022-08-01  1.5205
2022-09-01  1.3394
2022-10-01  1.1452
2022-11-01  1.1487
2022-12-01  1.1791
2023-01-01  1.0163
2023-02-01  1.3559
2023-03-01  1.4408
2023-04-01  1.6839
2023-05-01  1.9776
2023-06-01  2.0038
2023-07-01  1.7556
2023-08-01  1.5795
2023-09-01  1.3032
2023-10-01  1.1974
2023-11-01  1.1665
2023-12-01  1.1633
2024-01-01  1.1520
2024-02-01  1.3043
2024-03-01  1.4584
2024-04-01  1.6788