If you have been following the asking prices for homes for sale in St Matthews, you are very likely dizzy from the numerous ups and downs.  At least, if you look at the week to week measurements, which is represented by the black line below, you will see a lot of ups and downs.  However, if you follow Louisville St Matthews real estate home prices on a 90 day trend, represented below by the gold line, you’ll see a more steady progression.  The bad news is that the steady progression has been downwards, from about $298,000 six months ago down to $280,000 as of the last measurement.

Another statistic that I like to follow is the standing inventory of homes on the Louisville St Matthews real estate market.  As you can see, the number of homes on the market has dropped a bit in the last few weeks, which you can track by looking at the black line in the graph below.  The 90 day trend line seems to be topping out a bit, which we can see is influenced by the recent drop of almost 20 homes, or 10%, in the last 4 or 5 weeks.

If you have any questions about St Matthews real estate, or 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.

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This entry was posted on Wednesday, October 14th, 2009 at 2:44 pm and is filed under St. Matthews - Info On Buying Or Selling Homes In St Matthews. 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.