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REAL ESTATE INVENTORY | 6 Months Ended
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Jun. 30, 2022
Inventory Disclosure [Abstract] |
REAL ESTATE INVENTORY | REAL ESTATE INVENTORY The following table presents the components of inventory, net of applicable inventory valuation adjustments, as of the dates presented (in millions):
| June 30, 2022 |  | December 31, 2021
Work in progress | $ | 1,669 |  |  | $ | 1,971 |
Finished goods: |  |  |
Listed for sale | 4,068 |  |  | 2,325 |
Under contract for sale | 891 |  |  | 1,800 |
Total real estate inventory | $ | 6,628 |  |  | $ | 6,096 |
As of June 30, 2022, the Company was in contract to purchase 7,779 homes for an aggregate purchase price of $3.2 billion.

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- Definition The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 330 -URI https://asc.fasb.org/topic&trid=2126998 + Details
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