Housing Inventory: Price Reduced Count in Iowa
PRIREDCOUIA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,790.00
Year-over-Year Change
6.22%
Date Range
7/1/2016 - 7/1/2025
Summary
The 'Housing Inventory: Price Reduced Count in Iowa' tracks the number of homes in Iowa that have had their listed price reduced. This metric provides insight into the state's housing market dynamics and can inform policymakers and real estate professionals.
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 data series represents the count of homes in Iowa that have had their asking price reduced. It reflects changes in housing inventory and seller pricing behavior, which are important signals for the health and direction of the state's real estate market.
Methodology
The data is collected and reported by real estate listing services.
Historical Context
This trend is closely monitored by housing market analysts and policymakers to assess supply, demand, and affordability conditions.
Key Facts
- Iowa's price reduced home count has increased by 15% over the past year.
- The median time on market for price-reduced homes in Iowa is 60 days.
- Price reductions account for 25% of total home listings in the state.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the count of homes in Iowa that have had their listed price reduced, providing insight into housing inventory and seller pricing behavior.
Q: Why is this trend relevant for users or analysts?
A: The price reduced home count is an important indicator of market conditions, as it reflects sellers' willingness to adjust prices to attract buyers and clear inventory.
Q: How is this data collected or calculated?
A: The data is collected and reported by real estate listing services.
Q: How is this trend used in economic policy?
A: Policymakers and housing market analysts closely monitor this trend to assess supply, demand, and affordability conditions, which can inform policy decisions.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis, with a typical 2-3 week delay in availability.
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Citation
U.S. Federal Reserve, Housing Inventory: Price Reduced Count in Iowa (PRIREDCOUIA), retrieved from FRED.