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By Dream JP Pirtle Realtors

The Dream Team represents the region's finest properties with exceptional skill using the most innovative technologies currently available.

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Here’s your October 2024 Real Estate Update for Louisville and surrounding counties:

Number of Sold Listings

2024: 1,340

2023: 1,218

That’s an increase of 7.1% from last year.

Active Listings

2024: 3,028

2023: 2,493

That’s an increase of 21.5% from last year.

Average Sales Price

2024: $337,205

2023: $304,279

That’s an increase of 10.82% from last year.

Average Days On Market

2024: 42

2023: 36

This mean homes are taking on average 16.6% longer to sell.

Abosorption Rate

2024: 2.48 Months

2023: 2.02 Months

This is an increase of 22.77%, which is another indicator that homes are sitting on the market longer before they sell.

We hope you find these updates helpful. If you have any questions about these numbers or would like to schedule time to speak with us, feel free to reach out at 502-458-2722 anytime. We’d love to hear from you!

 

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