December was another strong month for the Louisville residential real estate market, with tighter inventories and higher sales prices.

According to research from Realtor.com, the median list price in the market for homes sold by Realtors was $226,000 in January, up 24 percent from a year earlier.

The number of days on the market, meanwhile, dropped 6 percent, to 74 days, and the number of active listings fell 12 percent, to 3,718.

Those numbers are reflective of national trends, according to the…

Source: http://feeds.bizjournals.com/industry_21