Louisville Real Estate Statistics for week of Jan. 10th – 16th

Real Estate Agent with Re/Max Real Estate Center - The Thacker Group KREC #74225

 Louisville Real Estate Statistics for week of Jan. 10th – 16thBy: Michael Thacker – Louisville Realtor

GLAR, The Greater Louisville Association of Realtors, released their latest new listings, andsold properties numbers today. As you can see, they are a mixed bag, but for the second week in a row we did see some improvement year-over-year. Well, in some of the metrics that are released.

New listings, which my buyers are most concerned about, and have been most anguished in not seeing improvement, continue to see a downward turn. This past week, a further reduction of 68 units, which is a sizable decrease by anyone’s measure.

Of note, regarding the sizable reduction in new listings, is the weather last week. It would be expected that with not one, but two snow-storms in our area (though the second, not severe in Louisville), it would impact the numbers. Our board covers numerous counties, many of which were affected greatly, by not one, but both storms. Most sellers and their agents, don’t like to list homes in a snowstorm.

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Michael Thacker - Louisville Realtor

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Comments (2)

Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

I always blame my numbers on the weather. It always rains so when the sun comes out my numbers drop Michael Thacker - Louisville Realtor 

Jan 26, 2016 06:32 AM
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

The decrease in inventory must be a weather related condition. At least that is the story I would stick with.

Jan 27, 2016 12:27 PM