Most areas across the country will see minor changes with a smaller handful of areas seeing larger updates. The methodology has also been adjusted to better account for missing data in some fields including square footage. The new methodology uses the latest and most accurate data mapping of listing statuses to yield a cleaner and more consistent measurement of active listings at both the national and local level. With the release of its November 2021 housing trends report, ® incorporated a new and improved methodology for capturing and reporting housing inventory trends and metrics. More details are available at the source's Real Estate Data Library. However, future data releases, including historical data, will consistently apply the new methodology. As a result of these changes, the data released since October 2022 will not be directly comparable with previous data releases (files downloaded before October 2022) and ® economics blog posts. The new methodology updates and improves the calculation of time on market and improves handling of duplicate listings. With the release of its September 2022 housing trends report, ® incorporated a new and improved methodology for capturing and reporting housing inventory trends and metrics. The count of active single-family and condo/townhome listings for a given market during the specified month (excludes pending listings).
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