![\""Pending"](\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2011\/06\/Pending-Doesnt-Mean-What-it-Used-To-600x435.png\" "\\"\"Pending\"")
<\/a><\/p>\nAverage number of pending sales, January-April 2000-2002: 1,969
\nAverage number of closed sales, February-May 2000-2002: 1,887
\nDifference: 4.1%<\/p>\n
Average number of pending sales, January-April 2011: 2,091
\nAverage number of closed sales, February-May 2011: 1,429
\nDifference: 31.7%<\/p>\n
Just a public service reminder to take any reference to “pending sales” with a giant grain of salt as it clearly does not mean what it used to.<\/p>\n","protected":false},"excerpt":{"rendered":"
Here’s a visual I intended to whip up last week but ran out of time for. I noticed in the pending sales chart that 2011’s pending sales were trending fairly closely with the pre-bubble trend from 2000-2002, but when I looked over to the closed sales chart, the lines where nowhere near each other. I…<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[8,616],"tags":[387,386],"coauthors":[],"class_list":["post-15939","post","type-post","status-publish","format-standard","hentry","category-stats","category-counties","tag-closed","tag-pending"],"yoast_head":"\n
Another Reminder that "Pending Sales" are Near-Useless \u2022 Seattle Bubble<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/seattlebubble.com\/blog\/2011\/06\/13\/yet-another-reminder-that-pending-sales-are-near-useless\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Another Reminder that "Pending Sales" are Near-Useless \u2022 Seattle Bubble\" \/>\n<meta name=\"twitter:description\" content=\"Here’s a visual I intended to whip up last week but ran out of time for. I noticed in the pending sales chart that 2011’s pending sales were trending fairly closely with the pre-bubble trend from 2000-2002, but when I looked over to the closed sales chart, the lines where nowhere near each other. 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<\/a><\/p>\n