Housing Inventory: Pending Listing Count in Arizona
PENLISCOUAZ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9,472.00
Year-over-Year Change
-0.12%
Date Range
7/1/2016 - 7/1/2025
Summary
The 'Housing Inventory: Pending Listing Count in Arizona' trend measures the number of residential properties in Arizona that are pending sale but not yet closed. This metric provides insight into housing market activity and future home sales.
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 represents the number of homes in Arizona that have accepted offers but have not yet completed the sale process. This serves as a leading indicator for future home sales, as pending listings typically become closed sales within a few months.
Methodology
The data is collected by real estate industry organizations and aggregated by federal statistical agencies.
Historical Context
Economists and policymakers use this metric to assess the strength of the Arizona housing market and anticipate future trends in home sales and prices.
Key Facts
- Arizona pending listing count reached a record high in 2021.
- Pending listings typically become closed sales within 1-3 months.
- The pending listing count is a leading indicator for future home sales.
FAQs
Q: What does this economic trend measure?
A: The 'Housing Inventory: Pending Listing Count in Arizona' measures the number of residential properties in Arizona that have accepted offers but have not yet completed the sale process.
Q: Why is this trend relevant for users or analysts?
A: The pending listing count serves as a leading indicator for future home sales in Arizona, providing insight into housing market activity and trends.
Q: How is this data collected or calculated?
A: The data is collected by real estate industry organizations and aggregated by federal statistical agencies.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this metric to assess the strength of the Arizona housing market and anticipate future trends in home sales and prices.
Q: Are there update delays or limitations?
A: The pending listing count data may be subject to occasional delays in reporting or revisions as the sale process is completed.
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Citation
U.S. Federal Reserve, Housing Inventory: Pending Listing Count in Arizona (PENLISCOUAZ), retrieved from FRED.