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Title:               Housing Inventory: Pending Ratio in Lapeer County, MI
Series ID:           PENRAT26087
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 5:02 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  0.0085
2016-08-01  0.0452
2016-09-01  0.0493
2016-10-01  0.0419
2016-11-01  0.0430
2016-12-01  0.0426
2017-01-01  0.0332
2017-02-01  0.0366
2017-03-01  0.0452
2017-04-01  0.0623
2017-05-01  0.0294
2017-06-01  0.0403
2017-07-01  0.0347
2017-08-01  0.0234
2017-09-01  0.0368
2017-10-01  0.0356
2017-11-01  0.0402
2017-12-01  0.0340
2018-01-01  0.0315
2018-02-01  0.0351
2018-03-01  0.0391
2018-04-01  0.0450
2018-05-01  0.0748
2018-06-01  0.0774
2018-07-01  0.0638
2018-08-01  0.0564
2018-09-01  0.0874
2018-10-01  0.0720
2018-11-01  0.0786
2018-12-01  0.0679
2019-01-01  0.0836
2019-02-01  0.1084
2019-03-01  0.1304
2019-04-01  0.1394
2019-05-01  0.1318
2019-06-01  0.1171
2019-07-01  0.0981
2019-08-01  0.0837
2019-09-01  0.0786
2019-10-01  0.0746
2019-11-01  0.0667
2019-12-01  0.0664
2020-01-01  0.0629
2020-02-01  0.0694
2020-03-01  0.0707
2020-04-01  0.0768
2020-05-01  0.1203
2020-06-01  0.1883
2020-07-01  0.2634
2020-08-01  0.2727
2020-09-01  0.3016
2020-10-01  0.2762
2020-11-01  0.2569
2020-12-01  0.2278
2021-01-01  0.2810
2021-02-01  0.2538
2021-03-01  0.2880
2021-04-01  0.3027
2021-05-01  0.2467
2021-06-01  0.3079
2021-07-01  0.2757
2021-08-01  0.2340
2021-09-01  0.2865
2021-10-01  0.2551
2021-11-01  0.2301
2021-12-01  0.1965
2022-01-01  0.2092
2022-02-01  0.2595
2022-03-01  0.2821
2022-04-01  0.3154
2022-05-01  0.2661
2022-06-01  0.2247
2022-07-01  0.2060
2022-08-01  0.1806
2022-09-01  0.1855
2022-10-01  0.1226
2022-11-01  0.0884
2022-12-01  0.1146
2023-01-01  0.1508
2023-02-01  0.1868
2023-03-01  0.2375
2023-04-01  0.1694
2023-05-01  0.2823
2023-06-01  0.3156
2023-07-01  0.2409
2023-08-01  0.6215
2023-09-01  0.6023
2023-10-01  0.6250
2023-11-01  0.5981
2023-12-01  0.5217
2024-01-01  0.4961
2024-02-01  0.5913
2024-03-01  0.8421
2024-04-01  0.8095