Even in today’s tough real estate market, there are still some Louisville new construction homes that are selling.  I have included a chart of recent sales from November of new homes that sold in our local market.  These are all of the single family homes that sold through the Greater Louisville Area Realtors in November that were only one year old, or less.  As you can see, even in one of the worst markets of all time, over 60 new homes sold in just November.  That’s the good news, I suppose.  The bad news:  there are over 700 new homes currently on the market today.  That will take quite a bit of time to work through that inventory, even if no new homes come on to the market, which we know just won’t happen.

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This entry was posted on Monday, December 14th, 2009 at 8:12 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.