Housing Inventory: Pending Listing Count Year-Over-Year in Washington
PENLISCOUYYWA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-7.37
Year-over-Year Change
-146.29%
Date Range
7/1/2017 - 7/1/2025
Summary
The Pending Listing Count Year-Over-Year in Washington metric tracks the change in the number of homes under contract but not yet sold compared to the same period a year earlier. This indicator provides insight into the health of the local housing market and future sales trends.
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 Pending Listing Count Year-Over-Year in Washington measures the year-over-year percent change in the number of homes in the state that are under contract but have not yet closed. It offers a forward-looking view of housing market activity and can signal shifting demand and inventory levels.
Methodology
This data is collected directly from real estate listings and transactions in the state of Washington.
Historical Context
Economists and policymakers monitor this metric to assess the direction of the housing market and make informed decisions.
Key Facts
- The Pending Listing Count YoY in Washington was 5.2% in December 2022.
- This metric reached a high of 76.3% in May 2021 during the pandemic housing boom.
- Pending sales are a leading indicator of future existing home sales.
FAQs
Q: What does this economic trend measure?
A: The Pending Listing Count Year-Over-Year in Washington measures the change in the number of homes under contract but not yet sold compared to the same period a year earlier.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the direction of the housing market and future sales trends, making it relevant for real estate professionals, economists, and policymakers.
Q: How is this data collected or calculated?
A: The data is collected directly from real estate listings and transactions in the state of Washington.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this metric to assess the health of the housing market and make informed decisions about economic policies.
Q: Are there update delays or limitations?
A: The data is reported monthly, but there may be some delays in reporting due to the nature of real estate transactions.
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Citation
U.S. Federal Reserve, Housing Inventory: Pending Listing Count Year-Over-Year in Washington (PENLISCOUYYWA), retrieved from FRED.