Happy Tuesday! I’m running a little behind this week but here’s your Greater Louisville Area Market Update for February 21st through February 27th!
Last week our greater Louisville Area saw 224 new listings and we had 168 homes sold. Currently, there are 1,008 total current listings and 2,253 total current pending and active under contract listings. Y’all, inventory is LOW LOW LOW! So if you know someone looking to sell, now is the time to jump on board this seller’s market. Have them contact me asap and we will get the ball rolling!
Homes sold is down by 9.4% compared to 2021 at this time BUT years to date average sales prices have increased by 10.8%!
The average days on market is 30 days and currently, we have less than a month of listing inventory! Check out the slides below for more info and I’ll see y’all next week!
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