August 2012 Market Trends for the Louisville area.

1. RE/MAX of Kentucky/Tennessee
Louisville, KY
Market Trend RE/port
August 2012
September 14, 2012

2. August Highlights 2012 vs. 2011
F
• 289 more Properties sold than this time last year
• Listings have been selling 11 days faster in 2012
• 19% more listings under contract compared to August 2011
• 23% less listings for sale in 2012
• Average sales price has increased in 2012 by 4% or $5,225
• 53% less monthly supply of inventory in 2012
• Inventory is dropping and prices are going in the right direction!
Page 2

3. Number of Units Sold
Page 3

4. Days on Market
Page 4

5. Pending Listings
(Under Contract)
Page 5

6. Number of Listings For Sale
Page 6

7. Average Sales Price
Page 7

8. Monthly Supply of Inventory
(Under Contract)
Page 8

9. Data provided by Terradatum. The above representation is based in whole or in part on data from the local Multiple Listing
Service for the time period indicated. RE/MAX, the Multiple Listing Service, and the member Associations of REALTORS do not
guarantee or are in any way responsible for the data accuracy.