Four Counties: Pending Listings Relative to Active Supply

A different way to describe the listing pool

Active listings describe available choices. Pending listings add a view of homes already under contract. Dividing the second count by the first gives a relative measure of those two groups, not a measure of how many August listings converted to contracts.

For these four counties, the calculated result ranged from 22.4 pending listings per 100 active in Fulton to 29.0 in Gwinnett. Hall measured 26.4 and Forsyth 23.2. The counties differ in size and property mix, so the ratio should not become a ranking of individual neighborhoods.

The denominator matters

A higher pending-to-active ratio can reflect a different pending count, active count or both. This one-month comparison does not identify the cause. It also does not show whether the pending properties will close, at what price or on what timetable.

For a buyer or seller, this is a prompt to inspect the relevant active and pending set together. Keep the geography and property type aligned, and use completed sales separately when discussing demonstrated sale prices.

The source numbers

Four county-month observations from Realtor.com Economic Research, August 2026. All four selected rows have quality_flag 0; this is a provider flag, not a guarantee of completeness.

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How we calculated it

Select exact Georgia county FIPS 13139, 13117, 13121 and 13135 for August 2026. Use the published values without blending sources or months.

Calculate pending listings divided by active listings ×100, rounded to one decimal. These are snapshot counts describing a typical day in the month, not a flow of contracts signed during the month. The published provider ratios closely agree after rounding.

• Hall pending listings per 100 active: 303.0 / 1148 × 100 = 26.4
• Forsyth pending listings per 100 active: 322.0 / 1386 × 100 = 23.2
• Fulton pending listings per 100 active: 1344.0 / 5996 × 100 = 22.4
• Gwinnett pending listings per 100 active: 1109.0 / 3828 × 100 = 29.0

What this can and cannot tell us

• Broad county context only. These figures do not isolate city limits, Lake Lanier waterfront, private docks, neighborhoods or luxury homes.
• Pending per 100 active is not a contract-conversion rate, a sale probability or months of supply. A pending listing is not a completed sale.
• Monthly snapshot counts need not reconcile exactly when summed; use each published field for its own definition.
• Realtor.com includes listed single-family homes and condo/townhomes. Asking-price metrics describe listings, not completed sales or a property valuation.
• The provider revises its series as coverage and methods evolve. No selected row has a triggered quality flag, but coverage and property mix can still affect comparisons.

Sources

• Realtor.com Economic Research county inventory data
  Realtor.com Economic Research · Retrieved 2026-09-29
• Realtor.com data library and metric definitions
  Realtor.com Economic Research · Retrieved 2026-09-29