Louisville, KY Real Estate Market Summary 12/03/2007
Here are the current market statistics for the Greater Louisville, KY Real Estate area as of 12/03/2007. Inventories increased throughout November and sales dipped, leaving us with 11 months worth of homes available for sale. This is a little high for the area and will probably result in a bit of price stagnation, plus a significant number of these homes just won’t sell unless the seller takes steps to make updates, or otherwise improve value.
Sales and Inventory History
Monday, December 03, 2007
Category – Residential / PropType: SFR, CND
| Month | Year | Monthly Sales | Avg Sale Price | Avg DOM | Curr Inventory | Months Inventory | ||
| January | 2007 | 865 | $155,368 | 92.0 | 7108 | 8.22 | ||
| February | 2007 | 1028 | $160,762 | 85.0 | 7472 | 7.27 | ||
| March | 2007 | 1359 | $172,067 | 89.0 | 7370 | 5.42 | ||
| April | 2007 | 1316 | $169,291 | 85.0 | 7641 | 5.81 | ||
| May | 2007 | 1529 | $173,986 | 77.0 | 7820 | 5.11 | ||
| June | 2007 | 1586 | $188,972 | 76.0 | 8117 | 5.12 | ||
| July | 2007 | 1456 | $184,063 | 75.0 | 8421 | 5.78 | ||
| August | 2007 | 1480 | $181,675 | 76.0 | 8835 | 5.97 | ||
| September | 2007 | 1043 | $170,117 | 72.0 | 9427 | 9.04 | ||
| October | 2007 | 1062 | $174,823 | 75.0 | 9868 | 9.29 | ||
| November | 2007 | 883 | $179,846 | 81.0 | 10259 | 11.62 | ||
| Total | 2007 | 13607 | $173,725 | 80.3 | 8,394 | 7.18 | ||
| Total | 2007-2007 | 13607 | $173,725 | 80.0 | 8,394 | 7.0 | ||
Tags: Buyers, Current Market, Inventory, Joe Hayden Realtor, Louisville KY Real Estate, Sellers
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