As an ongoing service to clients, past, present and future, I like to track the asking price of homes for sale in Louisville, to better gauge the market and where we might be headed, in regards to real estate.  Today, I put together two graphs looking at the pricing of homes on the Louisville market, with the first graph showing what homes currently for sale are doing.  Over the past few months we have seen prices dropping from late summer highs, but the past few weeks have seen a bit of a leveling out of prices, as you can see below, with the last 5 weekly measurements all being within a few hundred dollars of each other.

Another graph that I put together show two different prices.  The first is for the large pool of all of the homes currently on the market for sale while the second line on the graph shows only the price of homes that just came on the market that week.  In our current economic climate, it should not be a huge surprise to see that new listings are asking less than the larger group of homes already on the market, probably to make sure that they are competitive and giving themselves a good shot of getting sold.

If you have any questions about Louisville real estate in general, please visit my website at www.GregFly.com.  Also, please feel free to call anytime or send me an email at greg@gregfly.com.

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 Wednesday, November 11th, 2009 at 11:09 am and is filed under Homes For Sale In Louisville Ky. 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.