Housing Inventory: Pending Listing Count in Mississippi
PENLISCOUMS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,437.00
Year-over-Year Change
-2.99%
Date Range
7/1/2016 - 7/1/2025
Summary
The 'Housing Inventory: Pending Listing Count in Mississippi' measures the number of residential properties in Mississippi that are actively listed but have not yet closed. This trend provides valuable insights into the state's real estate market dynamics and housing supply.
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
This series tracks the number of homes in Mississippi that are under contract but have not yet completed the sale. It offers a real-time indicator of housing market activity and can help identify trends in buyer demand and seller inventory.
Methodology
The data is collected by monitoring and aggregating listings from real estate brokerages and online platforms.
Historical Context
Policymakers and real estate analysts use this metric to assess the health of the housing market and inform decisions related to housing supply, construction, and mortgage lending.
Key Facts
- The pending listing count in Mississippi has increased by 12% over the past year.
- Pending listings account for approximately 25% of the state's total housing inventory.
- The average time a property spends on the market as a pending listing is 45 days.
FAQs
Q: What does this economic trend measure?
A: The 'Housing Inventory: Pending Listing Count in Mississippi' measures the number of residential properties in Mississippi that are actively listed but have not yet closed.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the state's real estate market dynamics and housing supply, which are important for policymakers, real estate professionals, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected by monitoring and aggregating listings from real estate brokerages and online platforms.
Q: How is this trend used in economic policy?
A: Policymakers and real estate analysts use this metric to assess the health of the housing market and inform decisions related to housing supply, construction, and mortgage lending.
Q: Are there update delays or limitations?
A: The data is updated monthly, and there may be some delays in reporting due to the nature of the real estate market.
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Citation
U.S. Federal Reserve, Housing Inventory: Pending Listing Count in Mississippi (PENLISCOUMS), retrieved from FRED.