"In November, home prices fell slightly from the month before, with a median listing price of $278,000. The number of listings on the market grew 1.4% from last month, which is typical for this time of the year in Louisville, and homes are also selling close to the same pace as the same time last year. Typically, home price per square foot in Louisville tend to fall in November. And the most recent data shows that the price per square foot decreased by 0.4% compared with the month before. Nationally, home price per square foot decreased 1.2%, which means price changes in Derby City are smaller the national market."
"In November, there were 1,771 homes for sale in Louisville, which was 1.4% more than the month before and 28.5% more than the same time last year. Meanwhile, active inventory across the nation fell by 2.5% from last month to 1,072,266. Homes in Louisville take an average of 40 days to sell, according to November figures. This is four days more than the previous month and one day less than the same month last year. For comparison, nationally homes spent an average of 64 days on the market in November."
Median listing price in Louisville fell slightly to $278,000 in November. Listings increased 1.4% month‑over‑month, a typical seasonal uptick, and were 28.5% higher than the same month last year. Price per square foot in Louisville decreased 0.4% month‑over‑month, a smaller decline than the national 1.2% drop. Active inventory nationwide fell 2.5% to 1,072,266. Homes in Louisville averaged 40 days on market, four days longer than the prior month and one day shorter than a year earlier. Nationally, homes spent an average of 64 days on the market in November.
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