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Weekly Market Snapshot for Southern IN / Greater Louisville Aug 31, 2008

Hey everybody.  I hope you're all having a great Wednesday today.  With the short week I thought it was Tuesday for a second!  Anyway, here are the weekly snapshot numbers for the Southern Indiana market.  You can also view the numbers for the Greater Louisville market and the Elizabethtown / Fort Knox market by clicking here.

The numbers for Southern IN are as follows:

Active Listings Stats

  • 2,661 homes currently on the market
  • $176,885 is the average list price of those homes
  • There is currently 9.4 months of inventory*

    Last 30 Days Stats

  • 284 homes sold
  • The average sales price was $133,732
  • The Sales Price vs. List Price was 96.3%+
  • The average Days on Market was 110
  • There were 616 new listings on the market
  • There were 441 listings that were either canceled, withdrawn or expired

    Last 12 Months Stats

  • 2,834 homes sold
  • The average sales price was $132,037
  • The Sales Price vs. List Price was 96.3%+
  • 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 • September 03 2008 11:59AM

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