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The Louisville Real Estate Blog

Hurry Up!! Call and List your Home!!

Hurry Up!! Call your Agent and List your House!!

Hurry Up! Call your Agent & List your House! | Keeping Current Matters

That headline might be a little aggressive. However, as the data on the 2015 housing market begins to roll in, we can definitely say one thing: If you are considering selling, IT IS TIME TO LIST YOUR HOME!

We realize that existing home sales stumbled in January compared to December. But, if we compare the current September-January time period to the same period a year ago, we can see that existing home sales have outpaced last year every month with the January sales numbers 200,000 homes greater than last January:

Existing Home Sales Report | Keeping Current Matters

Pending home sales (houses going into a contract) as reported by the National Association of Realtors have also done much better in the last five months compared to a year earlier:

Pending Home Sales Index | Keeping Current Matters

And, buyer demand is continuing to skyrocket:

Buyer Activity | Keeping Current Matters

At the same time, the amount of housing inventory coming to the market compared to last year is plummeting:

Inventory Levels Year-over-Year | Keeping Current Matters

Bottom Line

With demand increasing and supply dropping, this may be the perfect time to get the best price for your home. Call in a local real estate professional today to see whether that is the case in your neighborhood.

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