Southern Indiana Real Estate Blog

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Weekly Market Snapshot for Louisville / Southern Indiana Aug 24, 2008

Hello everyone and thanks for coming to check out my blog.  I'm going to try and post this once a week so that we can all keep up with what is going on in our local market.

While I will only post the Southern Indiana numbers directly on the blog itself, you can also see numbers for Greater Louisville as well as the Elizabethtown / Fort Knox area by clicking here.

The numbers for Southern Indiana for this week are as follows:

    Active Listings Stats

  • 2,668 homes currently on the market
  • $176,220 is the average list price of those homes
  • There is currently 10.5 months of inventory*

    Last 30 Days Stats

  • 255 homes sold
  • The average sales price was $133,848
  • The Sales Price vs. List Price was 96.3%+
  • The average Days on Market was 104
  • There were 626 new listings on the market
  • There were 410 listings that were either canceled, withdrawn or expired

    Last 12 Months Stats

  • 2,898 homes sold
  • The average sales price was $132,545
  • The Sales Price vs. List Price was 96.4%+
  • The average Days on Market was 105

*Months of inventory is calculated by dividing the current inventory by the amount of homes sold the previous 30 days

+Sales Price vs. List price is determined by dividing the average sales price into the average list price of homes sold

Southern Indiana Area is primarily Clark, Floyd, Harrison and surrounding Indiana counties just north of the Ohio River.  Information is deemed reliable but not guaranteed. These statistics include single family homes and condos only.

Your Best Move for Southern Indiana Real Estate

Brett Mumaw REALTOR®

Semonin Realtors

3707 Charletown Rd. Suite 1A

New Albany, IN 47150

(812) 542-9057 Office

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Comment balloon 0 commentsBrett Mumaw • August 30 2008 02:39PM
Weekly Market Snapshot for Louisville / Southern Indiana Aug 24, 2008
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