Louisville Sales To Inventory Ratios
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
| 2005 | 27.42% | 12.99% | 25.00% | 25.71% | 29.31% | 24.58% | 27.78% | 30.36% | 33.33% | 26.96% | 15.69% | 25.32% |
| 2006 | 17.65% | 13.79% | 18.56% | 32.98% | 19.09% | 32.14% | 30.39% | 28.87% | 23.16% | 19.77% | 16.25% | 23.44% |
| 2007 | 18.46% | 24.19% | 20.00% | 22.89% | 28.41% | 26.32% | 24.73% | 50.62% | 20.27% | 26.56% | 27.12% | 21.28% |
| 2008 | 11.11% | 17.57% | 25.32% | 26.83% | 31.40% | 34.18% | 36.84% | 27.14% | 17.19% | 25.40% | 7.94% | 13.46% |
| 2009 | 8.47% | 15.38% | 15.48% | 18.18% | 15.53% | 28.04% | 23.96% | 26.74% | ||||
| 23.73% | 12.43% | 38.87% | 32.23% | 50.52% | 17.96% | 34.97% | 1.47% |
I was looking at Boulder's Sales to Inventory Numbers and was just inputing the numbers I have been tracking since 2005 and was pleasently surprised to see how well Louisville, CO is doing. Louisville was looking tough in May, 2009 with a reduction of 50%, but has come back extremly strong in August with only a 1.47% fall for year over year absortion rates.
As I stated in my Boulder, CO post, September 15, 2009 was a true downturn in our market with the fall of Lehmen Brothers. Many Buyers in our market put a brake on moving forward. With the strong numbers Louisville is posting we should expect to see good things from the Louisville market going forward into 2010. At 26.14% absorption Louisville is ony 3.3% points away from being a Sellers Market. Wow who would have Thought back in May.
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