There are some new numbers available on Louisville new construction sales in December, and not all of it is great news.  Looking only at homes that are one year old or less, I have put together a simple table showing how many have sold, how many are availabe, and how many new homes came on the market in December.  One way to look at it is that at least some homes sold!  28 new construction homes in Louisville sold in December.  However, more than that came on the market in the same time frame, which pushes the inventory in the wrong direction, if you are a seller.  Also, there are still over 300 Louisville new homes on the market, meaning that if we continue to sell new construction homes at around 30 a month, it will still take 10 full months to sell all of the standing inventory.  And that is if no new listings come on the market, which is very doubtful!

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This entry was posted on Tuesday, January 5th, 2010 at 9:43 pm and is filed under Louisville New Construction. 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.