Title:               Housing Inventory: Pending Ratio in Frederick County, VA
Series ID:           PENRAT51069
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 4:47 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  0.1935
2016-08-01  0.1933
2016-09-01  0.2025
2016-10-01  0.1789
2016-11-01  0.2029
2016-12-01  0.1900
2017-01-01  0.1801
2017-02-01  0.1964
2017-03-01  0.2183
2017-04-01  0.2176
2017-05-01  0.2229
2017-06-01  0.2132
2017-07-01  0.2157
2017-08-01  0.2194
2017-09-01  0.1872
2017-10-01  0.1424
2017-11-01  0.1683
2017-12-01  0.1676
2018-01-01  0.2016
2018-02-01  0.1649
2018-03-01  0.1949
2018-04-01  0.2391
2018-05-01  0.2287
2018-06-01  0.2151
2018-07-01  0.1923
2018-08-01  0.1760
2018-09-01  0.2089
2018-10-01  0.1938
2018-11-01  0.1478
2018-12-01  0.1170
2019-01-01  0.1491
2019-02-01  0.1730
2019-03-01  0.2225
2019-04-01  0.1948
2019-05-01  0.2727
2019-06-01  0.2659
2019-07-01  0.2596
2019-08-01  0.2387
2019-09-01  0.2385
2019-10-01  0.2304
2019-11-01  0.2178
2019-12-01  0.2126
2020-01-01  0.2202
2020-02-01  0.3127
2020-03-01  0.3408
2020-04-01  0.3373
2020-05-01  0.4006
2020-06-01  0.5168
2020-07-01  0.6542
2020-08-01  0.6517
2020-09-01  0.7957
2020-10-01  1.7089
2020-11-01  1.7718
2020-12-01  1.6000
2021-01-01  1.6727
2021-02-01  2.0695
2021-03-01  1.8909
2021-04-01  1.9194
2021-05-01  1.8182
2021-06-01  1.7173
2021-07-01  1.6503
2021-08-01  1.5428
2021-09-01  1.3773
2021-10-01  1.4659
2021-11-01  1.4066
2021-12-01  1.3652
2022-01-01  1.5196
2022-02-01  1.7320
2022-03-01  1.6826
2022-04-01  1.8952
2022-05-01  1.4574
2022-06-01  1.1048
2022-07-01  0.9349
2022-08-01  0.8597
2022-09-01  0.8178
2022-10-01  0.7054
2022-11-01  0.6434
2022-12-01  0.5812
2023-01-01  0.5794
2023-02-01  0.8761
2023-03-01  0.8875
2023-04-01  0.9809