Title: Housing Inventory: Price Reduced Count in Cape May County, NJ Series ID: PRIREDCOU34009 Source: Realtor.com Release: Housing Inventory Core Metrics Seasonal Adjustment: Not Seasonally Adjusted Frequency: Monthly Units: Level Date Range: 2016-07-01 to 2023-08-01 Last Updated: 2023-08-31 4:56 PM CDT Notes: The count of listings which have had their price reduced in a given market during the 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 2016-07-01 480 2016-08-01 494 2016-09-01 470 2016-10-01 484 2016-11-01 326 2016-12-01 220 2017-01-01 258 2017-02-01 360 2017-03-01 416 2017-04-01 452 2017-05-01 440 2017-06-01 390 2017-07-01 432 2017-08-01 410 2017-09-01 412 2017-10-01 364 2017-11-01 330 2017-12-01 156 2018-01-01 274 2018-02-01 262 2018-03-01 376 2018-04-01 390 2018-05-01 438 2018-06-01 448 2018-07-01 394 2018-08-01 382 2018-09-01 404 2018-10-01 418 2018-11-01 350 2018-12-01 148 2019-01-01 242 2019-02-01 304 2019-03-01 308 2019-04-01 382 2019-05-01 410 2019-06-01 368 2019-07-01 352 2019-08-01 392 2019-09-01 374 2019-10-01 356 2019-11-01 244 2019-12-01 140 2020-01-01 176 2020-02-01 240 2020-03-01 194 2020-04-01 90 2020-05-01 188 2020-06-01 216 2020-07-01 198 2020-08-01 180 2020-09-01 192 2020-10-01 184 2020-11-01 156 2020-12-01 102 2021-01-01 80 2021-02-01 76 2021-03-01 78 2021-04-01 122 2021-05-01 108 2021-06-01 138 2021-07-01 168 2021-08-01 164 2021-09-01 204 2021-10-01 180 2021-11-01 106 2021-12-01 36 2022-01-01 52 2022-02-01 56 2022-03-01 92 2022-04-01 120 2022-05-01 168 2022-06-01 204 2022-07-01 228 2022-08-01 220 2022-09-01 220 2022-10-01 212 2022-11-01 154 2022-12-01 92 2023-01-01 90 2023-02-01 114 2023-03-01 122 2023-04-01 132 2023-05-01 160 2023-06-01 146 2023-07-01 156 2023-08-01 142