Homes For Sale Louisville Update

On Mondays of each week, I spend a little time to review the numbers for homes for sale in Louisville.  This is data for active homes, not sold homes.  We have a couple of variables to play with, which might be affecting our numbers a bit, such as the $8,000 tax credit running out, and we are heading into fall, which is traditionally a slower market.  For what it is worth, here is a chart showing the trending homes prices for Louisville real estate.

Louisville real estate home prices

Louisville real estate home prices

As you can see, from both lines above, the 90 day trending line is decreasing, showing downward movement over the past three months.  If you look at the black line, which is what truly  happened within the past 7 days, you will see that the median price for all of Louisville real estate went from about $165,000 to $163,000.  So it is apparent, that due to the possibility of many factors, there is some downward pressure on pricing for Louisville homes for sale, and we may not be at the bottom yet.

If you have any questions, please don’t hesitate to visit the most complete website about homes for sale Louisville at www.GregFly.com.  You can also call me anytime at 1-888-GREG-FLY or email me at greg@gregfly.com.

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