Regional Market Snapshot for June 3, 2012
Homes in the area are selling! Be it Hardin County real estate, Oldham County homes for sale, or New Albany Indiana real estate (as well as dozens of areas throughout and in-between), we are finding a smaller inventory of properties for sale.
This also means that the “months of inventory” around these areas has decreased. This number represents how long the average listing would be on the market before selling if no additional listings came on the market.
Below are the months of inventory for each of our area markets:
- Greater Louisville Area months of inventory: 7.8 months
- Southern Indiana Area months of inventory: 8.4 months
- Elizabethtown/Ft. Knox Area months of inventory: 9.3 months
Click here or on the graphic above for additional real estate statistics for areas in and surrounding Louisville, Kentucky.