Regional Market Snapshot for October 30, 2011
Dipping temperatures don’t necessarily indicate a dip in the real estate market. Below is a snapshot of real estate activity such as Louisville homes for sale, Elizabethtown real estate, Indiana new listings, etc. Here are some numbers showing how the active inventory in these markets measures up:
Between the three markets (Greater Louisville, Southern Indiana and Etown/Ft. Knox areas), there are 12,630 active residential listings currently on the market. The average list price of these homes ranges from $165,105 to $221,632. The months of inventory (meaning approximately how long it would take for a home to sell if no other listings came on the market) is anywhere from 10.1 months to just over a year.
Click here or on the image below for more timely real estate numbers.