Let’s Explore Your Selling Options. We will help you sell your home at the price and terms you want. Free Selling Strategy Call
For your latest October market recap, I’ll compare all the key statistics with the same numbers from October 2018:
- The number of home sales dropped from 1,549 to 1,489
- The average sales price rose from $215,043 to $232,064
- The average days on market rose from 49 to 55 days
- The absorption rate stayed the same: 2.95 months
- The number of active listings dropped from 4,465 to 4,364
- Interest rates dropped from 4.5% to 3.8%
That last statistic is especially good news for buyers considering most experts predicted that interest rates would increase. If you’re a buyer, there are plenty of great mortgage programs to take advantage of.
Now, for today’s quote:
“Perfection is not attainable, but if we chase perfection, we can catch excellence.” - Vince Lombardi
As always, if you have any questions about our market or you’re thinking of buying or selling a home soon, don’t hesitate to reach out to me. I’d love to help you.
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Let’s Explore Your Selling Options. We will help you sell your home at the price and terms you want. Free Selling Strategy Call
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What’s Your Louisville Home Worth?. Are you thinking of selling your home or interested in learning about home prices in your neighborhood? We can help you. Free Home Value Report
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Looking for a Louisville Home?. Search the entire MLS for your Louisville home. Search the MLS
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