Title:               Housing Inventory: Pending Ratio in Lenoir County, NC
Series ID:           PENRAT37107
Source:              Realtor.com
Release:             Housing Inventory Core Metrics
Seasonal Adjustment: Not Seasonally Adjusted
Frequency:           Monthly
Units:               Ratio
Date Range:          2016-07-01 to 2024-03-01
Last Updated:        2024-04-04 5:39 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  0.1151
2016-08-01  0.1008
2016-09-01  0.0799
2016-10-01  0.0966
2016-11-01  0.1061
2016-12-01  0.1150
2017-01-01  0.1005
2017-02-01  0.1615
2017-03-01  0.1675
2017-04-01  0.1955
2017-05-01  0.2080
2017-06-01  0.1454
2017-07-01  0.1641
2017-08-01  0.1598
2017-09-01  0.1650
2017-10-01  0.1917
2017-11-01  0.1590
2017-12-01  0.1421
2018-01-01  0.1436
2018-02-01  0.1683
2018-03-01  0.1888
2018-04-01  0.2849
2018-05-01  0.3265
2018-06-01  0.3660
2018-07-01  0.3067
2018-08-01  0.2691
2018-09-01  0.2763
2018-10-01  0.2547
2018-11-01  0.2619
2018-12-01  0.2891
2019-01-01  0.3158
2019-02-01  0.4650
2019-03-01  0.4894
2019-04-01  0.4565
2019-05-01  0.4059
2019-06-01  0.3894
2019-07-01  0.4065
2019-08-01  0.3774
2019-09-01  0.3750
2019-10-01  0.3805
2019-11-01  0.2672
2019-12-01  0.2627
2020-01-01  0.3252
2020-02-01  0.3333
2020-03-01  0.4903
2020-04-01  0.6324
2020-05-01  0.7079
2020-06-01  0.8296
2020-07-01  0.8254
2020-08-01  0.9815
2020-09-01  1.3626
2020-10-01  1.6364
2020-11-01  1.0556
2020-12-01  0.9327
2021-01-01  1.1702
2021-02-01  1.4186
2021-03-01  1.6866
2021-04-01  2.0769
2021-05-01  2.1290
2021-06-01  1.7059
2021-07-01  2.0303
2021-08-01  2.0441
2021-09-01  1.4875
2021-10-01  1.5789
2021-11-01  1.6933
2021-12-01  1.3784
2022-01-01  1.2571
2022-02-01  1.6667
2022-03-01  1.8689
2022-04-01  1.5278
2022-05-01  1.2727
2022-06-01  1.0076
2022-07-01  0.6932
2022-08-01  0.8713
2022-09-01  0.9017
2022-10-01  0.6600
2022-11-01  0.4867
2022-12-01  0.4132
2023-01-01  0.5714
2023-02-01  0.4505
2023-03-01  0.6031
2023-04-01  1.2778
2023-05-01  1.1084
2023-06-01  0.7604
2023-07-01  0.6842
2023-08-01  0.6772
2023-09-01  0.5865
2023-10-01  0.8162
2023-11-01  0.5043
2023-12-01  0.4783
2024-01-01  0.5385
2024-02-01  0.6105
2024-03-01  0.6322