Pending-Sale Ratio by Month* National Market Dynamics since 2016
After falling for 8 months from its peak in spring 2022, the pending-sale ratio began climbing again in early 2023.
150%
Longer-Term Perspective on Demand vs. Supply
125%
This chart illustrates the ratio of the pending listing count to the active listing count during the specified month. It is a broad, general measurement of demand vs. supply: Higher percentages reflect stronger buyer demand as compared to the supply of listings available to purchase. Besides general market dynamics, this metric also typically ebbs and flows to seasonal market trends.*
100%
75%
|
The Pandemic Boom
|
50%
25%
Pandemic hits
0%
*Per Realtor.com Research: https://www.realtor.com/research/data/, residential listings posted on site. Data from sources deemed reliable, but may contain errors and subject to revision. This statistic is specific to Realtor.com Research and does not constitute “absorption rate. ” All numbers approximate.
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