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This week's Regional Market Snapshot comparison is focusing on differences in statistics between this year and last year all throughout local areas such as Harrison County Indiana homes for sale, Hardin County real estate, and Louisville real estate. Last year at this time, the real estate market was just beginning its temporary decline. Throughout this year, many people have been scared to do too many things "real estate related" because of the settling down of real estate activity.

Funny thing is, when you look at real estate market statistics from October, 2007 to October, 2008 and compare them to statistics from October, 2008 to October, 2009, this is what you'll find:

In the 12 months spanning October, 2007 to October, 2008, the average number of days properties spent on the market was as follows:

Greater Louisville Area: 84
Southern Indiana Area: 105
Etown/Ft. Knox Area: 144

In the 12 months spanning October, 2008 to October, 2009, the average number of days properties spent on the market was as follows:

Greater Louisville Area: 88
Southern Indiana Area: 110
Etown/Ft. Knox Area: 146

As you can see, even in a "down turned economy" (don't you hate the sound of that?), properties spent only an average of about 4 more days on the market than the year before, in what used to be considered a "normal" real estate market.

Remember that the MLS data changes all the time, so the numbers will be 99.9% accurate as of the end of the day Sunday. The data on the snapshot comes directly from the MLS websites. We are not doing any special programming to produce these numbers.