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Housing Inventory: Price Reduced Count in Madison County, AL (PRIREDCOU1089)

Observation:

Dec 2023: 392 (+ more)   Updated: Jan 9, 2024
Dec 2023:  392  
Nov 2023:  502  
Oct 2023:  536  
Sep 2023:  544  
Aug 2023:  544  
View All

Units:

Level,
Not Seasonally Adjusted

Frequency:

Monthly

NOTES

Source: Realtor.com  

Release: Housing Inventory Core Metrics  

Units:  Level, Not Seasonally Adjusted

Frequency:  Monthly

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.

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.

Suggested Citation:

Realtor.com, Housing Inventory: Price Reduced Count in Madison County, AL [PRIREDCOU1089], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/PRIREDCOU1089, March 19, 2024.

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