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Table Data - Housing Inventory: Pending Ratio in Wake County, NC

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Title Housing Inventory: Pending Ratio in Wake County, NC
Series ID PENRAT37183
Source Realtor.com
Release Housing Inventory Core Metrics
Seasonal Adjustment Not Seasonally Adjusted
Frequency Monthly
Units Ratio
Date Range 2016-07-01 to 2024-06-01
Last Updated 2024-07-09 4:49 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.

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 0.5052
2016-08-01 0.4753
2016-09-01 0.4195
2016-10-01 0.3836
2016-11-01 0.3598
2016-12-01 0.3419
2017-01-01 0.3354
2017-02-01 0.4297
2017-03-01 0.4870
2017-04-01 0.5394
2017-05-01 0.5307
2017-06-01 0.4843
2017-07-01 0.4370
2017-08-01 0.4025
2017-09-01 0.3621
2017-10-01 0.3377
2017-11-01 0.3350
2017-12-01 0.3223
2018-01-01 0.3041
2018-02-01 0.4070
2018-03-01 0.4441
2018-04-01 0.4563
2018-05-01 0.4620
2018-06-01 0.4504
2018-07-01 0.3909
2018-08-01 0.3519
2018-09-01 0.3200
2018-10-01 0.2753
2018-11-01 0.2623
2018-12-01 0.2236
2019-01-01 0.2332
2019-02-01 0.3191
2019-03-01 0.3836
2019-04-01 0.4159
2019-05-01 0.4225
2019-06-01 0.4020
2019-07-01 0.3746
2019-08-01 0.3411
2019-09-01 0.3200
2019-10-01 0.3099
2019-11-01 0.3149
2019-12-01 0.2783
2020-01-01 0.2829
2020-02-01 0.4313
2020-03-01 0.4745
2020-04-01 0.4047
2020-05-01 0.4559
2020-06-01 0.6282
2020-07-01 0.6446
2020-08-01 0.6396
2020-09-01 0.6900
2020-10-01 0.6638
2020-11-01 0.7172
2020-12-01 0.6971
2021-01-01 0.6782
2021-02-01 0.9799
2021-03-01 1.1800
2021-04-01 1.3874
2021-05-01 1.7789
2021-06-01 1.5503
2021-07-01 1.2574
2021-08-01 1.2684
2021-09-01 1.1149
2021-10-01 1.1083
2021-11-01 1.1619
2021-12-01 1.2490
2022-01-01 1.1973
2022-02-01 1.6105
2022-03-01 1.6928
2022-04-01 1.5239
2022-05-01 0.9604
2022-06-01 0.6382
2022-07-01 0.4552
2022-08-01 0.3999
2022-09-01 1.1920
2022-10-01 1.0522
2022-11-01 1.0037
2022-12-01 0.9973
2023-01-01 1.0622
2023-02-01 1.4932
2023-03-01 1.6238
2023-04-01 1.8016
2023-05-01 1.8016
2023-06-01 1.6990
2023-07-01 1.6067
2023-08-01 1.4951
2023-09-01 1.2698
2023-10-01 1.0962
2023-11-01 1.0357
2023-12-01 1.0122
2024-01-01 1.1804
2024-02-01 1.4306
2024-03-01 1.4901
2024-04-01 1.4113
2024-05-01 1.3162
2024-06-01 1.1712

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