December 2007 Home Sales in Louisville, KY

Posted by Tre Pryor, Editor-in-Chief on January 01, 2008 in Commercial tagged with

Number of sales is down from a year ago by about 11% for the month of December. Yet, prices are holding steady. It’s hardly the real estate crash that so many are bemoaning.

Forecasters are all over the board in their thoughts for 2008, so depending on who you speak with, it’s always a good idea to consider the source. One thing is certain, with interest rates at 5.79% and continuing to drop, it’s a great time to buy a home.

December 2007

AREA SALES AVERAGE DoM
0 Central Downtown District 3 $78,900 136
1 Downtwn/Old&WestLouisville/Shively 88 $68,201 101
2 Butchertown/Highlands/Germantwn 83 $160,077 67
3 Brownsboro Rd/CrescentHills/StMatthews 58 $274,029 93
4 Pleasure Rdg/Valley Station 51 $107,316 73
5 Auburndale/Fairdale/Iroquois Park 63 $110,972 98
6 Buechel/Highview/Okolona/FernCreek 101 $121,147 84
7 FernCrk/Hikes Point/Jeffersontown 100 $174,731 87
8 DouglasHls/Hurstbourne/Middletwn/Anchrg 53 $269,373 69
9 Anchrg/Lyndn/Prospct/UpRvrRd 68 $277,422 68
11 Bullitt Co. 62 $146,866 79
19 Spencer Co. 9 $178,015 108
20 Oldham Co. 59 $297,986 96
30 Shelby Co. 45 $160,241 81

Source: MetroSearch, Inc.