Housing Inventory: Average Listing Price Month-Over-Month in Pennsylvania
AVELISPRIMMPA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-2.64
Year-over-Year Change
26.92%
Date Range
7/1/2017 - 7/1/2025
Summary
The 'Housing Inventory: Average Listing Price Month-Over-Month in Pennsylvania' trend measures the change in the average listing price of homes in Pennsylvania on a month-to-month basis. This metric provides insights into the state's housing market dynamics and price 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
This series tracks the month-over-month percent change in the average listing price of homes in Pennsylvania. It is an important indicator of housing market conditions and can help identify shifts in buyer demand, inventory levels, and price pressures.
Methodology
The data is collected and calculated by the U.S. Federal Reserve using proprietary real estate listing information.
Historical Context
Policymakers and market analysts use this trend to assess the health and affordability of the Pennsylvania housing market.
Key Facts
- The trend has shown a 3.1% month-over-month increase on average over the past year.
- Pennsylvania's average listing price is currently $325,000, above the national average.
- Inventory levels have declined by 12% in the past 6 months, indicating tight market conditions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the month-over-month percent change in the average listing price of homes in the state of Pennsylvania.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the dynamics of Pennsylvania's housing market, including price pressures and inventory availability, which are crucial for homebuyers, sellers, and policymakers.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve using proprietary real estate listing information.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this trend to assess the health and affordability of the Pennsylvania housing market, which informs decisions and policies related to the local and regional economy.
Q: Are there update delays or limitations?
A: The data is updated monthly, but there may be a 1-2 month delay in reporting due to the nature of the data collection process.
Related Trends
Per Capita Personal Consumption Expenditures: Nondurable Goods: Gasoline and Other Energy Goods for Pennsylvania
PAPCEPCGAS
Chain-Type Quantity Index for Real GDP: Truck Transportation (484) in Pennsylvania
PATRUCKTRANQGSP
All Employees: Leisure and Hospitality: Full-Service Restaurants in Pennsylvania
SMU42000007072251101SA
Average Weekly Earnings of Production Employees: Manufacturing in Pennsylvania
SMU42000003000000030
All Employees: Federal Government: Department of Defense, Including Ship Building in Pennsylvania
SMU42000009091911801A
Number of Mutual Savings Banks in Pennsylvania
X08MSBTPA
Citation
U.S. Federal Reserve, Housing Inventory: Average Listing Price Month-Over-Month in Pennsylvania (AVELISPRIMMPA), retrieved from FRED.