Housing Inventory: Pending Listing Count in Minnesota

PENLISCOUMN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

9,340.00

Year-over-Year Change

1.60%

Date Range

7/1/2016 - 7/1/2025

Summary

The Pending Listing Count in Minnesota measures the number of homes listed for sale in the state but not yet sold. This metric provides insight into the housing market's supply and demand dynamics.

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 the inventory of homes in Minnesota that are actively listed for sale but have not yet completed the transaction. This data point is used by economists and policymakers to analyze housing market trends and gauge the balance between supply and demand.

Methodology

The data is collected by the U.S. Federal Reserve through surveys of real estate agents and brokers.

Historical Context

The Pending Listing Count is an important indicator for understanding the health of the Minnesota housing market and its potential future price movements.

Key Facts

  • The Pending Listing Count in Minnesota reached a high of 24,000 in 2021.
  • Pending listings typically take 2-3 months to sell in a balanced housing market.
  • High pending listing counts signal a buyer's market, while low counts indicate a seller's market.

FAQs

Q: What does this economic trend measure?

A: The Pending Listing Count in Minnesota measures the number of homes that are actively listed for sale but have not yet completed the transaction.

Q: Why is this trend relevant for users or analysts?

A: The Pending Listing Count provides insight into the balance of supply and demand in the Minnesota housing market, which is crucial for understanding price trends and market conditions.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Federal Reserve through surveys of real estate agents and brokers in Minnesota.

Q: How is this trend used in economic policy?

A: The Pending Listing Count is used by economists and policymakers to analyze the health of the housing market and inform decisions related to mortgage rates, lending policies, and other housing-related interventions.

Q: Are there update delays or limitations?

A: The Pending Listing Count data is reported monthly, with a typical 1-2 month delay between the reference period and the release of the data.

Related Trends

Citation

U.S. Federal Reserve, Housing Inventory: Pending Listing Count in Minnesota (PENLISCOUMN), retrieved from FRED.