Louisville Market Trend RE/port- August
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According to a RE/MAX market report for Louisville, KY in August 2012, properties sold faster and in greater numbers compared to August 2011, with listings under contract up 19% and days on market down 11 days. Inventory levels were down 23% from the previous year while average sales prices increased 4% or $5,225, contributing to a 53% reduction in the monthly supply of housing inventory.
Louisville Market Trend RE/port- August
- 1. RE/MAX of Kentucky/Tennessee Louisville, KY Market Trend RE/port August 2012 September 14, 2012
- 2. August Highlights 2012 vs. 2011 F 289 more Properties sold than this time last year Listings have been selling 11 days faster in 2012 19% more listings under contract compared to August 2011 23% less listings for sale in 2012 Average sales price has increased in 2012 by 4% or $5,225 53% less monthly supply of inventory in 2012 Inventory is dropping and prices are going in the right direction! Page 2
- 3. Number of Units Sold Page 3
- 4. Days on Market Page 4
- 5. Pending Listings (Under Contract) Page 5
- 6. Number of Listings For Sale Page 6
- 7. Average Sales Price Page 7
- 8. Monthly Supply of Inventory (Under Contract) Page 8
- 9. Data provided by Terradatum. The above representation is based in whole or in part on data from the local Multiple Listing Service for the time period indicated. RE/MAX, the Multiple Listing Service, and the member Associations of REALTORS do not guarantee or are in any way responsible for the data accuracy.