I just wrapped up a very short article on www.LouisvilleKyRealEstateBlog.com about home prices for Prospect Ky real estate, and how listings just coming on to the market are priced quite a bit lower than homes already sitting on the market. In addition, homes leaving the market, either pending, sold, or just plain taken off of the market, are priced even lower, more than 10% less than the median price of existing listings. As an example, in Prospect, where the median price of homes currently on the market is $500,000, homes are being absorbed at a median price of close to $435,000, a difference of $65,000!
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