Louisville homes for sale have seen their asking price drop dramatically from summer highs of around $170,000 down to $150,000 and below.  For the past several weeks, the price of homes for sale in the Louisville real estate market has held steady at $145,000, the lowest value we have seen in over a year.  The black line on the graph below shows actual weekly data points and the gold line is the trend line.  It is not entirely uncommon to see the data points jump up and down a bit, but to see the trend line going in to year long lows does not bode well for our local market.

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 Tuesday, March 2nd, 2010 at 9:32 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.