Hey, y’all! Happy Monday and Happy 2022!
I’m here to give you your market update for December 27th through January 2nd.
I hope everyone had a safe and happy New Year and I hope everyone is staying healthy from the Rona!
Last week we saw an uptick in listings which is good news for those on the hunt for a new home. I predict we will continue to see those listing numbers rise as we get further into the month and farther away from the holiday season.
We’re currently sitting at 1,325 current listings and 1,854 current pending and active under contracts.
Rounding out 2021, the average home price was up 9.2% compared to 2020 and I’m anxious to see what this year will bring to those numbers.
Average number of days on market is still 21 which means homes are still selling super fast. So if you’re thinking about listing your home soon, reach out to me for your free comparable market analysis to see what your home is valued at. Also, did you know that Homepage Realty is the Number ONE listing brokerage in the greater Louisville area? If not, now ya do! More incentive to reach out to your favorite Homepage agent!
To close things out y’all, the current months of inventory is at a staggering .81. We need to get some homes on the market!!
Y’all, I’m Ryan Cecil with Homepage Realty, your local real estate expert and I will update you all again next week! Check out the YouTube video for the slide stats! And don’t forget to subscribe to my page!
Schedule your homebuyer consult with me HERE!
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