Housing Inventory: Pending Listing Count in South Carolina
PENLISCOUSC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11,148.00
Year-over-Year Change
-8.24%
Date Range
7/1/2016 - 7/1/2025
Summary
The 'Housing Inventory: Pending Listing Count in South Carolina' trend measures the number of homes in South Carolina that are pending sale, providing insights into the state's real estate market activity and future home sales.
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 metric tracks the count of homes in South Carolina that are under contract but have not yet closed. It is an important leading indicator of future home sales, as pending listings typically transition to closed sales within 1-2 months.
Methodology
The data is collected and reported by real estate industry sources.
Historical Context
Policymakers and analysts monitor this trend to assess the health and momentum of the South Carolina housing market.
Key Facts
- Pending listings typically account for 20-30% of overall home sales in South Carolina.
- The median time-to-close for pending listings in South Carolina is 45-60 days.
- Pending listing counts are considered a leading indicator of future closed home sales.
FAQs
Q: What does this economic trend measure?
A: The 'Housing Inventory: Pending Listing Count in South Carolina' trend measures the number of homes in South Carolina that are under contract but have not yet closed.
Q: Why is this trend relevant for users or analysts?
A: This metric is an important leading indicator of future home sales in South Carolina, as pending listings typically transition to closed sales within 1-2 months.
Q: How is this data collected or calculated?
A: The data is collected and reported by real estate industry sources.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this trend to assess the health and momentum of the South Carolina housing market.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis, with a typical 4-6 week delay from the end of the reference period.
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Citation
U.S. Federal Reserve, Housing Inventory: Pending Listing Count in South Carolina (PENLISCOUSC), retrieved from FRED.