Nearly 45% Of Homes For Sale St Matthews
Have Dropped Their Asking Price over the past six months, as the chart below shows. The black line below shows the actual weekly data points, and last week, it looks like a bit above 45% of home sellers in the 40207 zip code had reduced their asking price, probably in an attempt to make their house look more inviting to buyers. This is usually a pretty good indication of what kind of market we are experiencing. You certainly wouldn't expect to see this many home owners reducing their asking price in a Sellers market.