New Listing to Pending Ratio

New Listing to Pending Ratio is (AUC + PB) / (New + BOM). AUC stands for "Active Under Contract," PB stands for "Pending, Taking Backups," New stands for "New Listings," and BOM stands for "Back On Market." This ratio is calculated every Monday and Friday, and a ratio less than one indicates an increase in inventory.

New Listing to Pending Ratio: Insights on Austin Real Estate Market Trends

As a market expert in Austin, I'm excited to share the latest insights on the New Listing to Pending Ratio, a valuable metric that provides a snapshot of the health of the local real estate market. This ratio tracks the balance between new listings and homes going under contract or pending, offering valuable insights into the supply and demand dynamics of the market.

It's important to note that the New Listing to Pending Ratio can fluctuate week to week, so it's essential to track it over time to identify trends. Our website provides weekly, monthly, and yearly updates on this ratio, along with other critical market statistics, including price drops, price increases, the number of homes on the market, pending sales, and recently sold homes. Our team of experts updates this data every Monday, Thursday, and Friday and provides charts to help you track trends in the market.

At our real estate brokerage company in Austin, we're committed to providing our clients and the community with up-to-date market information to help them make informed decisions. Whether you're a buyer, seller, or simply interested in keeping tabs on the local real estate market, we encourage you to visit our website regularly for the latest data and insights. Our experienced agents are also available to answer any questions you may have and provide personalized advice based on your unique situation.

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Central Texas MLS | Four Rivers Association of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Harold Frisch may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2022 All rights reserved.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on information from the Austin Board of REALTORS®. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided "AS IS" and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.