Market Trends
Louisville area homes for sale
In brief: sales are down 30-50% (depending on the week), new listings are coming on the market faster than they are selling, but there is still a significant shortage of homes for sale. Prices have held up so it’s still a good time to sell and buying has gotten easier. Not yet a “normal” market, but closer to normal.
Mouse over any point on the line charts below to see the actual number of homes listed or sold during that week.
Louisville area homes sold
Absorption Rate
A healthy, balanced market is one where there is about a 4-6 month supply of homes. A sellers’ market occurs when there is significantly less than a 4-6 month supply of homes, conversely a buyers’ market occurs when there is significantly more than a 6-month supply.