Louisville mt june2014

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Information about Louisville mt june2014

Published on July 23, 2014

Author: marketingrmx

Source: slideshare.net

Description

Presented by RE/MAX of Kentucky.
Make Your Move with the #1 Name in Real Estate.
Go to remax-kentucky.com or Call 1-877-345-REMAX to connect to an agent about buying a home or selling your home in today’s market.

JUNE 2014LOUISVILLE MLS

MEDIAN SALES PRICE LOUISVILLE MLS The Median Price for all homes sold in June was $155,000, which is 6% higher than the median sales price in May and 6% less than the median sales price in June 2013. JUNE 2014 JUNE 2013 $155,000 $164,700 6% JUNE 2014 $155,000 $0 $20,000 $40,000 $60,000 $80,000 $100,000 $120,000 $140,000 $160,000 $180,000

CLOSED TRANSACTIONS LOUISVILLE MLS The Market Trend Report for June showed an 8% increase in the number of Closed Transactions over May and a 13% increase over sales in June 2013. 1,490 1,324 13% JUNE 2014 JUNE 2014 JUNE 2013 1,490 0 200 400 600 800 1000 1200 1400 1600

DAYS ON THE MARKET LOUISVILLE MLS The average Days on the Market for all homes sold in June was 61. This is 6 days less than the average from May and 6 days less than the average in June 2013. 9% 61 67 JUNE 2014 JUNE 2014 JUNE 2013 61 0 10 20 30 40 50 60 70 80 90

MONTHS SUPPLY OF INVENTORY LOUISVILLE MLS The number of Months Supply of Inventory at the end of June was 5.5 which is 12% higher than May and a 20% increase over June 2013. 5.5 4.6 20% JUNE 2014 JUNE 2014 JUNE 2013 5.5 0.0 1.0 2.0 3.0 4.0 5.0 6.0 7.0 8.0

Description The Market Trend Report is distributed each month on or about the 15th. The Report is based on data provided by Terradatum from the local Louisville Multiple Listing Service and is not annualized. While MLS and Terradatum data are believed to be accurate, it cannot be guaranteed. MLS data is constantly being updated, making any analysis a snapshot at a particular time. Data for prior periods is not being recalculated for this report. Definitions Median Sales Price is the median price of all residential properties sold during the month. Closed Transactions are the number of residential transactions closed during the given month. Days on the Market is the number of days that pass from the time a property is listed until the property goes under contract for all residential properties sold during the month. Months Supply of Inventory is the total number of residential properties listed for sale at the end of the month (active inventory) divided by the number of sales contracts signed (pended) during the month).

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