Home Sales and Listings continue their increase

Listings on the Louisville MLS continue their increase over a year ago with 693 properties listed last week versus 640 listed on the Louisville MLS last year for the same time period. 
Sold houses increased over last year as well.  There were 196 sales in a one week period versus 175 in the same time last year.  This is about a 12% increase and consistent with what we have been seeing the last few months.
One thing to note that is easy to see.  There are many more listings than sales in these comparable periods.  This is putting more homes on the market and ensuring that this will be a “buyers” market for a while longer.
We have been quite busy lately and feel sure that we will stay that way.  We are seeing increased sales, but not increased prices.

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