Federal Reserve Economic Data

Table Data - Housing Inventory: Pending Ratio in Kent County, MI

Title Housing Inventory: Pending Ratio in Kent County, MI
Series ID PENRAT26081
Source Realtor.com
Release Housing Inventory Core Metrics
Seasonal Adjustment Not Seasonally Adjusted
Frequency Monthly
Units Ratio
Date Range 2016-07-01 to 2025-12-01
Last Updated 2026-01-12 12:24 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
2016-07-01 0.0047
2016-08-01 0.0045
2016-09-01 0.0061
2016-10-01 0.0031
2016-11-01 0.0017
2016-12-01 0.0000
2017-01-01 0.0024
2017-02-01 0.0023
2017-03-01 0.0021
2017-04-01 0.0034
2017-05-01 0.0055
2017-06-01 0.0046
2017-07-01 0.0044
2017-08-01 0.0058
2017-09-01 0.0046
2017-10-01 0.0043
2017-11-01 0.0036
2017-12-01 0.0062
2018-01-01 0.0062
2018-02-01 0.0057
2018-03-01 0.0033
2018-04-01 0.0038
2018-05-01 0.0015
2018-06-01 0.0034
2018-07-01 0.0034
2018-08-01 0.0037
2018-09-01 0.0026
2018-10-01 0.0030
2018-11-01 0.0037
2018-12-01 0.0031
2019-01-01 0.0018
2019-02-01 0.0025
2019-03-01 0.0029
2019-04-01 0.0027
2019-05-01 0.0026
2019-06-01 0.0023
2019-07-01 0.0032
2019-08-01 0.0034
2019-09-01 0.0026
2019-10-01 0.0022
2019-11-01 0.0021
2019-12-01 0.0016
2020-01-01 0.0025
2020-02-01 0.7407
2020-03-01 1.1271
2020-04-01 0.9133
2020-05-01 0.9150
2020-06-01 1.4968
2020-07-01 1.5682
2020-08-01 1.6596
2020-09-01 1.7910
2020-10-01 1.6826
2020-11-01 1.6585
2020-12-01 1.6293
2021-01-01 1.7887
2021-02-01 2.1364
2021-03-01 2.1352
2021-04-01 2.5915
2021-05-01 2.6925
2021-06-01 2.5543
2021-07-01 2.1825
2021-08-01 2.0656
2021-09-01 2.0008
2021-10-01 2.0050
2021-11-01 2.0752
2021-12-01 2.2487
2022-01-01 2.2054
2022-02-01 2.4233
2022-03-01 2.1190
2022-04-01 2.4513
2022-05-01 1.9461
2022-06-01 1.6695
2022-07-01 1.4421
2022-08-01 1.2567
2022-09-01 1.1853
2022-10-01 1.0885
2022-11-01 0.8786
2022-12-01 0.9463
2023-01-01 1.0876
2023-02-01 1.3767
2023-03-01 1.4905
2023-04-01 1.5056
2023-05-01 1.7372
2023-06-01 1.7321
2023-07-01 1.6417
2023-08-01 1.3047
2023-09-01 1.0967
2023-10-01 0.8946
2023-11-01 0.9425
2023-12-01 1.0299
2024-01-01 1.0955
2024-02-01 1.2274
2024-03-01 1.2808
2024-04-01 1.2669
2024-05-01 1.4148
2024-06-01 1.3408
2024-07-01 1.0508
2024-08-01 0.9603
2024-09-01 0.8158
2024-10-01 0.7126
2024-11-01 0.7397
2024-12-01 0.7453
2025-01-01 0.7502
2025-02-01 0.9974
2025-03-01 1.1019
2025-04-01 1.2632
2025-05-01 1.1541
2025-06-01 1.1153
2025-07-01 1.0395
2025-08-01 0.8963
2025-09-01 0.7581
2025-10-01 0.7307
2025-11-01 0.7000
2025-12-01 0.7201

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