Housing Inventory: Median Days on Market Year-Over-Year in North Carolina
MEDDAYONMARYYNC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
17.00
Year-over-Year Change
95.40%
Date Range
7/1/2017 - 7/1/2025
Summary
This economic trend measures the year-over-year change in median days a home is on the market in North Carolina. It provides insights into the state's housing market dynamics and demand.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The median days on market metric tracks the average time a home is listed for sale before it is sold in North Carolina. This indicator is closely watched by real estate professionals, policymakers, and economists to gauge housing market conditions and trends.
Methodology
The data is collected and calculated by the U.S. Federal Reserve from multiple real estate sources.
Historical Context
This housing market metric helps inform policy decisions and investment strategies related to the North Carolina real estate sector.
Key Facts
- North Carolina median days on market are tracked monthly.
- This metric signals housing supply and demand in the state.
- Long days on market can indicate a cooling real estate market.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year change in the median number of days a home is listed for sale before it is sold in North Carolina.
Q: Why is this trend relevant for users or analysts?
A: This housing market indicator provides insights into the balance of supply and demand for real estate in North Carolina, which is valuable information for real estate professionals, policymakers, and economists.
Q: How is this data collected or calculated?
A: The U.S. Federal Reserve collects and calculates this data from multiple real estate industry sources.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this housing market metric to inform decisions and strategies related to the North Carolina real estate sector and broader economy.
Q: Are there update delays or limitations?
A: The data is reported monthly, with some potential for minor delays in publishing the latest figures.
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Citation
U.S. Federal Reserve, Housing Inventory: Median Days on Market Year-Over-Year in North Carolina (MEDDAYONMARYYNC), retrieved from FRED.