Title:               Housing Inventory: Price Reduced Count in Illinois
Series ID:           PRIREDCOUIL
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   28200
2016-08-01   26896
2016-09-01   26338
2016-10-01   23460
2016-11-01   19894
2016-12-01   14136
2017-01-01   13420
2017-02-01   15638
2017-03-01   18772
2017-04-01   20980
2017-05-01   24500
2017-06-01   26516
2017-07-01   27352
2017-08-01   25970
2017-09-01   24832
2017-10-01   22834
2017-11-01   19008
2017-12-01   13128
2018-01-01   12456
2018-02-01   13796
2018-03-01   17964
2018-04-01   20348
2018-05-01   24978
2018-06-01   27384
2018-07-01   27700
2018-08-01   27142
2018-09-01   26904
2018-10-01   24620
2018-11-01   20188
2018-12-01   14508
2019-01-01   12680
2019-02-01   13144
2019-03-01   14580
2019-04-01   14812
2019-05-01   17208
2019-06-01   19464
2019-07-01   20262
2019-08-01   19424
2019-09-01   18722
2019-10-01   17940
2019-11-01   12524
2019-12-01    7406
2020-01-01    8876
2020-02-01    9940
2020-03-01   10348
2020-04-01    7712
2020-05-01   10284
2020-06-01   11774
2020-07-01   12638
2020-08-01   12276
2020-09-01   11932
2020-10-01   11404
2020-11-01    8966
2020-12-01    5286
2021-01-01    5280
2021-02-01    4286
2021-03-01    4730
2021-04-01    5054
2021-05-01    5564
2021-06-01    7672
2021-07-01    9540
2021-08-01   10184
2021-09-01    9816
2021-10-01    9732
2021-11-01    6876
2021-12-01    4426
2022-01-01    3272
2022-02-01    3120
2022-03-01    3440
2022-04-01    3852
2022-05-01    5476
2022-06-01    7730
2022-07-01    9324
2022-08-01    8956
2022-09-01    9072
2022-10-01    9112
2022-11-01    7836
2022-12-01    4252
2023-01-01    4314
2023-02-01    3790
2023-03-01    3842
2023-04-01    3836
2023-05-01    4136
2023-06-01    4720
2023-07-01    5424
2023-08-01    5858
2023-09-01    6452
2023-10-01    6724
2023-11-01    6292