Louisville Homes For Sale taking 85 days longer to leave market than last year

This time last year, Louisville homes for sale were taking about 95 days to leave the market.  As of the latest data point collect this past week, homes are now taking an average of 180 days to leave the market, an increase of 85 days, or almost 100%!  This measurement is for single family homes in Louisville, or more precisely, Jefferson County, since they are one and the same now.  If you were to look at the gold line on the graph below, you would see an even greater change in the time on the market.  The gold line shows a rolling 90 day average to smooth out the graph line, and is a less volatile measurment.  But I still prefer to look at the data points, shown by the black line, when available.

Louisville Homes For Sale DOM

Louisville Homes For Sale DOM

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