Archive | October, 2009

Homes For Sale Prospect Ky Update | Home Prices

On another blog site, I just wrapped up a short article showing the difference between the median asking price of homes for sale in Prospect with the median asking price of new listings, or homes that just came on the market.  The real estate market is showing about a 10% gap between what new listings [...]

Read full storyComments { 0 }

Prospect Ky Real Estate | Inventory Levels Fall While DOM Keeps Rising

It’s now the end of October, and looking back over the past six months, it is clear to see that homes in Prospect Ky are taking longer and longer to sell. In May of this year, if you look at the black line above, homes were taking an average of 115 days to leave the [...]

Read full storyComments { 0 }

Louisville Highlands Real Estate | DOM Keeps Rising For Highlands Homes For Sale

Today I put together a simple graph showing how long the average home in the Highlands stays on the market before being absorbed, either by a sale, or simply by the seller getting frustrated and removing the home from the market altogether.  As  you can see, over the past six months, we have gone from [...]

Read full storyComments { 0 }

Louisville Real Estate | St Matthews Homes For Sale Inventory Levels Trend Downward

The number of active homes for sale in the St Matthews area of Louisville has been decreasing over the past few weeks, even though last week saw a very small uptick in inventory levels. The gold line in the graph above shows a 90 day rolling average trend line, and you can see how it [...]

Read full storyComments { 0 }