Louisville homes for sale inventory levels spiked quite a bit this past week, with over 500 homes coming on to the market, taking the total number of single family homes for sale in the city of Louisville to a hair over 4,500 properties.  Just last week, that measurement was at 3,950, meaning there are about 550 more homes for sale today than there were just last week, which works out to be a 14% rise in the number of available properties.  As spring continues to approach, and hope springs eternal, I wouldn’t be surprised to see a continue run of new listings coming on to the market.  Another thought is that there might be a large number of home owners who failed to sell their home last year, who waited the holidays out, and are now getting ready to try again, which would be a second group of sellers on top of the normal spring surge.  If this doubly large surge is coupled with a continued shortage of buyers, the time on market for sellers is going to rise through the roof.

Tags: Homes for sale in Louisville, Homes for sale Louisville, Homes for sale Louisville Ky, Houses for Sale in Louisville, Louisville Home Listings, Louisville KY real estate, Louisville real estate, Louisville Real Estate Agent

This entry was posted on Thursday, February 4th, 2010 at 10:58 pm and is filed under Louisville Home Buying or Selling Info. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.