louisville march 2013 market trends
DESCRIPTION
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March 2013
Louisville, KYMarket Trends
•5% more Properties sold than this time last year•Listings have been selling 12 days slower in 2013 than 2012•17% more Listings under contract compared to 2012•14% less listings for sale in 2013•Average sales price has increased by 5% or just over $8,900 compared to 2012•32% less monthly supply of inventory in 2013
For Louisville comparing 2012 to 2013 there are . . .
March 2013
March 2013
Number of Properties Sold
Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12 Jan-13 Feb-13 Mar-13
-
200
400
600
800
1,000
1,200
1,400
March 2013
Days on Market
Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12 Jan-13 Feb-13 Mar-13
-
10
20
30
40
50
60
70
80
90
100
March 2013
Pending Listings
Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12 Jan-13 Feb-13 Mar-13
-
200
400
600
800
1,000
1,200
1,400
1,600
March 2013
Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12 Jan-13 Feb-13 Mar-13
-
2,000
4,000
6,000
8,000
10,000
12,000
Number of Listings For Sale
March 2013
Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12 Jan-13 Feb-13 Mar-13
$155,000
$160,000
$165,000
$170,000
$175,000
$180,000
$185,000
Average Sales Price
March 2013
Monthly Supply of Inventory
Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12 Jan-13 Feb-13 Mar-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.
March 2013