Louisville, KY Market Summary 11/20/2007
Here are statistics dating back two years for the Louisville, KY real estate market. It shows positive signs of consistency in price and days on market, but inventories remain high. Another positive sign is the number of homes sold in the area has remained constant. The market should continue to remain strong for quality homes in desirable locations, but higher inventories will force some sellers to make pricing concessions.
Please feel free to contact me or comment and add your thoughts and opinions…
Sales and Inventory History
Tuesday, November 20, 2007
Category – Residential / PropType: SFR, CND
| Month | Year | Monthly Sales | Avg Sale Price | Avg DOM | Curr Inventory | Months Inventory | ||
| January | 2006 | 810 | $168,210 | 83.0 | 6356 | 7.85 | ||
| February | 2006 | 951 | $155,346 | 87.0 | 6497 | 6.83 | ||
| March | 2006 | 1345 | $162,472 | 88.0 | 6629 | 4.93 | ||
| April | 2006 | 1203 | $168,889 | 78.0 | 6803 | 5.66 | ||
| May | 2006 | 1546 | $173,786 | 79.0 | 7042 | 4.55 | ||
| June | 2006 | 1562 | $186,840 | 78.0 | 7284 | 4.66 | ||
| July | 2006 | 1499 | $184,804 | 78.0 | 7564 | 5.05 | ||
| August | 2006 | 1559 | $173,668 | 76.0 | 7790 | 5.00 | ||
| September | 2006 | 1269 | $171,710 | 75.0 | 7989 | 6.30 | ||
| October | 2006 | 1224 | $175,824 | 77.0 | 7974 | 6.51 | ||
| November | 2006 | 1172 | $174,329 | 82.0 | 7902 | 6.74 | ||
| December | 2006 | 1042 | $171,151 | 84.0 | 7594 | 7.29 | ||
| Total | 2006 | 15182 | $172,252 | 80.4 | 7,285 | 5.92 | ||
| January | 2007 | 865 | $155,368 | 92.0 | 7346 | 8.49 | ||
| February | 2007 | 1028 | $160,762 | 85.0 | 7432 | 7.23 | ||
| March | 2007 | 1359 | $172,073 | 89.0 | 7470 | 5.50 | ||
| April | 2007 | 1316 | $169,291 | 85.0 | 7769 | 5.90 | ||
| May | 2007 | 1528 | $174,063 | 77.0 | 8006 | 5.24 | ||
| June | 2007 | 1584 | $188,797 | 76.0 | 8362 | 5.28 | ||
| July | 2007 | 1452 | $183,820 | 75.0 | 8595 | 5.92 | ||
| August | 2007 | 1477 | $181,904 | 76.0 | 9212 | 6.24 | ||
| September | 2007 | 1037 | $169,921 | 72.0 | 9754 | 9.41 | ||
| October | 2007 | 1046 | $173,858 | 76.0 | 10234 | 9.78 | ||
| Total | 2007 | 12692 | $172,986 | 80.3 | 8,418 | 6.90 | ||
| Total | 2006-2007 | 27874 | $172,619 | 80.0 | 7,852 | 6.50 | ||
Tags: Joe Hayden Realtor, KY, Louisville, Market Statistics, Real Estate
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