Title:               Housing Inventory: Price Reduced Count in California
Series ID:           PRIREDCOUCA
Source:              Realtor.com
Release:             Housing Inventory Core Metrics
Seasonal Adjustment: Not Seasonally Adjusted
Frequency:           Monthly
Units:               Level
Date Range:          2016-07-01 to 2023-11-01
Last Updated:        2023-11-30 5:30 PM CST
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   30944
2016-08-01   31252
2016-09-01   30080
2016-10-01   27364
2016-11-01   24202
2016-12-01   15768
2017-01-01   15032
2017-02-01   16012
2017-03-01   17818
2017-04-01   19196
2017-05-01   22200
2017-06-01   24118
2017-07-01   28188
2017-08-01   28574
2017-09-01   27848
2017-10-01   25780
2017-11-01   22548
2017-12-01   15248
2018-01-01   15398
2018-02-01   17128
2018-03-01   19816
2018-04-01   22536
2018-05-01   25844
2018-06-01   29860
2018-07-01   34202
2018-08-01   39202
2018-09-01   41196
2018-10-01   42022
2018-11-01   36148
2018-12-01   24932
2019-01-01   24998
2019-02-01   25246
2019-03-01   24128
2019-04-01   22584
2019-05-01   24830
2019-06-01   28176
2019-07-01   28686
2019-08-01   27356
2019-09-01   26096
2019-10-01   24846
2019-11-01   19520
2019-12-01    9800
2020-01-01   11630
2020-02-01   11736
2020-03-01   12094
2020-04-01    9828
2020-05-01   14180
2020-06-01   14054
2020-07-01   13196
2020-08-01   12648
2020-09-01   12358
2020-10-01   12580
2020-11-01   10368
2020-12-01    6648
2021-01-01    5468
2021-02-01    5100
2021-03-01    5524
2021-04-01    5574
2021-05-01    6444
2021-06-01    7820
2021-07-01   10396
2021-08-01   11556
2021-09-01   11424
2021-10-01   11068
2021-11-01    8322
2021-12-01    4744
2022-01-01    3760
2022-02-01    4072
2022-03-01    5158
2022-04-01    7764
2022-05-01   14858
2022-06-01   22766
2022-07-01   29408
2022-08-01   26674
2022-09-01   26086
2022-10-01   26792
2022-11-01   20822
2022-12-01   10804
2023-01-01   10780
2023-02-01    9640
2023-03-01    8948
2023-04-01    8476
2023-05-01    9098
2023-06-01   10498
2023-07-01   11952
2023-08-01   12392
2023-09-01   14004
2023-10-01   15228
2023-11-01   13862