louisville february 2013 market trends
DESCRIPTION
Presented by RE/MAX of Kentucky. Make Your Move with the #1 Name in Real Estate. Go to remax-kentucky.com or Call 1-877-345-REMAX to connect to an agent about buying a home or selling your home in today’s market.TRANSCRIPT
Louisville, KY Market Trends
February 2013
•48 more Properties sold than this time last year•Listings have been selling 5 days faster in 2013 than 2012•22% more listings under contract compared to 2012•16% less listings for sale in 2013•Average sales price has increased in 2013 by 2% or $2150•35% less monthly supply of inventory in 2013
For Louisville comparing 2012 to 2013 there are . . .
February 2013
February 2013
Number of Properties Sold
Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12 Jan-13 Feb-13
-
200
400
600
800
1,000
1,200
1,400
February 2013
Days on Market
Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12 Jan-13 Feb-13
-
10
20
30
40
50
60
70
80
90
100
February 2013Pending Listings
Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12 Jan-13 Feb-13
-
200
400
600
800
1,000
1,200
1,400
1,600
February 2013
Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12 Jan-13 Feb-13
-
2,000
4,000
6,000
8,000
10,000
12,000
Number of Listings For Sale
February 2013
Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12 Jan-13 Feb-13
$125,000
$130,000
$135,000
$140,000
$145,000
$150,000
Average Sales Price
February 2013
Monthly Supply of Inventory
Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12 Jan-13 Feb-13
0.0
1.0
2.0
3.0
4.0
5.0
6.0
7.0
8.0
Data provided by Terradatum. The above representation is based in whole or in part on data from the local Multiple Listing Service for the time period indicated. RE/MAX, the Multiple Listing Service, and the member Associations of REALTORS do not guarantee or are in any way responsible for the data accuracy.
February 2013