Housing Inventory: Pending Listing Count in Alabama
PENLISCOUAL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8,177.00
Year-over-Year Change
27.87%
Date Range
7/1/2016 - 7/1/2025
Summary
The Housing Inventory: Pending Listing Count in Alabama measures the number of homes that have gone under contract but have not yet closed. This metric provides insights into the state's housing market dynamics and future home sales activity.
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 tracks homes that are under contract but have not yet been sold. This trend is a leading indicator of future home sales, as pending listings often transition to closed sales within a few months. Economists and policymakers use this data to assess the health and direction of the Alabama housing market.
Methodology
The data is collected by real estate industry groups through surveys of real estate brokers and agents.
Historical Context
Pending listing counts are closely monitored by housing market analysts, mortgage lenders, and policymakers to gauge consumer demand and market trends.
Key Facts
- Alabama's pending listing count reached a 5-year high in 2022.
- Pending listings typically make up around 20% of total housing inventory.
- Faster pending listing turnover is a sign of a tight, competitive housing market.
FAQs
Q: What does the Housing Inventory: Pending Listing Count in Alabama measure?
A: The Pending Listing Count tracks the number of homes in Alabama that have gone under contract but have not yet closed. This provides insight into future home sales activity in the state.
Q: Why is the Pending Listing Count trend relevant for users or analysts?
A: Pending listings are a leading indicator of future home sales, as they often transition to closed transactions within a few months. This data is closely monitored by housing market analysts, lenders, and policymakers to gauge consumer demand and market trends.
Q: How is the Pending Listing Count data collected or calculated?
A: The data is collected through surveys of real estate brokers and agents by real estate industry groups.
Q: How is the Pending Listing Count trend used in economic policy?
A: Policymakers and housing market analysts use the Pending Listing Count to assess the health and direction of the Alabama housing market, which has implications for mortgage lending, construction activity, consumer spending, and overall economic conditions.
Q: Are there any update delays or limitations with the Pending Listing Count data?
A: The Pending Listing Count data is typically released with a 1-2 month lag, so it may not reflect the most recent market conditions. Additionally, the data is subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Housing Inventory: Pending Listing Count in Alabama (PENLISCOUAL), retrieved from FRED.