Your Latest 2019 Real Estate Market Comparison

Louisville, KY Real Estate Podcast with JP Pirtle

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5+ y ago

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Our market is looking great, and we have the numbers to prove it. Here’s what they say.

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The latest numbers are in for February’s real estate market, so today we’ll be comparing our 2019 stats with those of 2018. Things are looking good, but let’s put a magnifying glass on the metrics:

There were 1,166 homes sold in February 2018 and 1,055 sold in February 2019.
The average sales price was $204,500 in February 2018 and $216,500 in February 2019.
The average days on market was 69 in February 2018 and 71 in February 2019.
There was 2.26 months’ worth of inventory in February 2018 and 2.41 months’ worth in February 2019.
There were 3,449 active listings in February 2018 and 3,601 in 2019.

As you know, I always love a good quote. With springtime around the corner, I feel like this one fits well:

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“The day the Lord created hope was probably the same day he created spring.” —Bernard Williams

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If you have any questions or would like more information, feel free to reach out to me. I look forward to hearing from you soon. In the meantime, enjoy the beautiful weather!

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