Posted 2019-08-09
The Louisville area real estate market was as hot as the weather in July. Over 1,750 homes were sold, with prices up 5% and the average home selling very fast in just 49 days. Home inventory was up slightly to 4,250 active listings or a 2.9 month supply of homes. The Greater Louisville Association of Realtors President commented that "Starter homes continue to sell very quickly, and the average days on market for all properties is now less than 2 months. New listings are hitting the market, and we're steady at about 4,000 homes available to buyers."
