"Active listings jumped 32.9% year-over-year to 1,446 homes in February - nearly four times the national growth rate of 7.9%. New listings also ticked up 3.8% compared to a year ago."
"The median list price rose 4.3% year-over-year to $268,500 - even as national prices dropped 2.1% to $403,450. That's roughly $135,000 cheaper than the national median, which kept buyer demand strong."
"Homes sat on the market for 44 days in February - down 3.3% from a year ago, and a full 26 days faster than the national median of 70 days."
Louisville's real estate market is thriving, with a 32.9% year-over-year increase in active listings, offering buyers more choices. However, competition remains fierce, and sellers must price homes accurately. The median list price rose 4.3% to $268,500, contrasting with a national decline. Homes sold faster in Louisville, averaging 44 days on the market, compared to the national average of 70 days. Despite more inventory, buyer demand remains strong, indicating a dynamic market where financial readiness is crucial for potential buyers.
Read at SFGATE
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