Title:               Housing Inventory: Pending Ratio in Durham County, NC
Series ID:           PENRAT37063
Source:              Realtor.com
Release:             Housing Inventory Core Metrics
Seasonal Adjustment: Not Seasonally Adjusted
Frequency:           Monthly
Units:               Ratio
Date Range:          2016-07-01 to 2023-04-01
Last Updated:        2023-05-04 4:57 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  0.5558
2016-08-01  0.5362
2016-09-01  0.4878
2016-10-01  0.4305
2016-11-01  0.4100
2016-12-01  0.4100
2017-01-01  0.3903
2017-02-01  0.5652
2017-03-01  0.6153
2017-04-01  0.8037
2017-05-01  0.7492
2017-06-01  0.7486
2017-07-01  0.6233
2017-08-01  0.5649
2017-09-01  0.5160
2017-10-01  0.5137
2017-11-01  0.5339
2017-12-01  0.5198
2018-01-01  0.5510
2018-02-01  0.6443
2018-03-01  0.6920
2018-04-01  0.8550
2018-05-01  0.8263
2018-06-01  0.7407
2018-07-01  0.5995
2018-08-01  0.5430
2018-09-01  0.4566
2018-10-01  0.3914
2018-11-01  0.4118
2018-12-01  0.3915
2019-01-01  0.3710
2019-02-01  0.5248
2019-03-01  0.5683
2019-04-01  0.6962
2019-05-01  0.7507
2019-06-01  0.6081
2019-07-01  0.4851
2019-08-01  0.4950
2019-09-01  0.4287
2019-10-01  0.3748
2019-11-01  0.4119
2019-12-01  0.3643
2020-01-01  0.3471
2020-02-01  0.5371
2020-03-01  0.6906
2020-04-01  0.5369
2020-05-01  0.5382
2020-06-01  0.7612
2020-07-01  0.7672
2020-08-01  0.7082
2020-09-01  0.7850
2020-10-01  0.8724
2020-11-01  0.7728
2020-12-01  0.6030
2021-01-01  0.6111
2021-02-01  0.8852
2021-03-01  1.1450
2021-04-01  1.4320
2021-05-01  1.5426
2021-06-01  1.3366
2021-07-01  1.0709
2021-08-01  1.0273
2021-09-01  0.9252
2021-10-01  0.8702
2021-11-01  0.8875
2021-12-01  0.7701
2022-01-01  0.6431
2022-02-01  0.9644
2022-03-01  1.1184
2022-04-01  1.0303
2022-05-01  0.8942
2022-06-01  0.6902
2022-07-01  0.4917
2022-08-01  0.4673
2022-09-01  1.0539
2022-10-01  0.8352
2022-11-01  0.7872
2022-12-01  0.7406
2023-01-01  0.9365
2023-02-01  1.2185
2023-03-01  1.3705
2023-04-01  1.4662