{"id":27005,"date":"2013-07-25T11:39:28","date_gmt":"2013-07-25T18:39:28","guid":{"rendered":"http:\/\/seattlebubble.com\/blog\/?p=27005"},"modified":"2013-07-25T20:59:36","modified_gmt":"2013-07-26T03:59:36","slug":"new-listings-outpacing-pending-sales","status":"publish","type":"post","link":"https:\/\/seattlebubble.com\/blog\/2013\/07\/25\/new-listings-outpacing-pending-sales\/","title":{"rendered":"New Listings Return to Levels that Outpace Pending Sales"},"content":{"rendered":"<p>Let&#8217;s take one more look at how listings are recovering over the last few months.<\/p>\n<p>This first chart shows the difference between the number of new listings each month and the number of pending sales.  Prior to late 2011 this number was almost always positive, except in December, when very few new listings hit the market.  Beginning in October 2011 and continuing through March 2013, this measure turned negative.  The inventory squeeze was on.<\/p>\n<p style=\"margin: 5px auto; width: 600px; font-size: 0.8em; text-align: center;\"><a href=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2013\/07\/Listings-New-Less-Pending_2013-06.png\" title=\"New Listings Less Pending Sales 2000-Present\" rel=\"lightbox[27005]\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2013\/07\/Listings-New-Less-Pending_2013-06-600x364.png\" style=\"border: 0;\" title=\"New Listings Less Pending Sales 2000-Present - Click to enlarge\" alt=\"New Listings Less Pending Sales 2000-Present\" width=\"600\" height=\"364\" \/><\/a><\/p>\n<p>Beginning in April, and continuing in May and June, this measure is back in the black.<\/p>\n<p>Next, let&#8217;s take a look at the &#8220;stale listings&#8221; measure, which uses the total listings, new listings, and pending sales counts to estimate how many listings are &#8220;carried over&#8221; from one month to the next.<\/p>\n<p style=\"margin: 5px auto; width: 600px; font-size: 0.8em; text-align: center;\"><a href=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2013\/07\/Listings-Stale_2013-06.png\" title=\"Stale Listings 2000-Present\" rel=\"lightbox[27005]\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/seattlebubble.com\/blog\/wp-content\/uploads\/2013\/07\/Listings-Stale_2013-06-600x364.png\" style=\"border: 0;\" title=\"Stale Listings 2000-Present - Click to enlarge\" alt=\"Stale Listings 2000-Present\" width=\"600\" height=\"364\" \/><\/a><\/p>\n<p>Stale listings hit an all-time low in March at just 270 homes, but have recovered to 848 homes as of June.  This is still <em>well<\/em> below the common pre-bubble levels between 2,500 and 5,000, but at least the direction has turned around after falling fairly consistently since mid-2010.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Let&#8217;s take one more look at how listings are recovering over the last few months. This first chart shows the difference between the number of new listings each month and the number of pending sales. Prior to late 2011 this number was almost always positive, except in December, when very few new listings hit the&#8230;<\/p>\n","protected":false},"author":2,"featured_media":27007,"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":"On the blog: New Listings Return to Levels that Outpace Pending Sales http:\/\/wp.me\/pe2Bv-71z","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[8,616],"tags":[566,739,481],"coauthors":[],"class_list":["post-27005","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stats","category-counties","tag-listings","tag-new-listings","tag-stale-listings"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>New Listings Return to Levels that Outpace Pending Sales \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\/2013\/07\/25\/new-listings-outpacing-pending-sales\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"New Listings Return to Levels that Outpace Pending Sales \u2022 Seattle Bubble\" \/>\n<meta name=\"twitter:description\" content=\"Let&#8217;s take one more look at how listings are recovering over the last few months. This first chart shows the difference between the number of new listings each month and the number of pending sales. 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