Louisville KY Home Sales: February 2010
Mar 2, 2010 Trends/Statistics

We’re getting mixed results in February compared to January. Most areas saw total sales drop but home values increase. For the entire market, average home prices moved up approximately $2700 (not seasonally adjusted).
As always, if you have any questions, please don’t hesitate to contact me.
February 2010
| AREA | SALES | AVERAGE | DoM |
| 0 Central Downtown District | 10 |
$134,550 |
102 |
| 1 Downtwn/Old&WestLouisville/Shively | 59 |
$42,211 |
35 |
| 2 Butchertown/Highlands/Germantwn | 53 |
$202,696 |
88 |
| 3 Brownsboro/StMatthews | 38 |
$257,989 |
106 |
| 4 Pleasure Rdg/Valley Station | 42 |
$89,560 |
86 |
| 5 Auburndale/Fairdale/Iroquois Park | 34 |
$116,618 |
114 |
| 6 Buechel/Highview/Okolona/FernCreek | 75 |
$124,810 |
77 |
| 7 FernCrk/Hikes Point/Jeffersontown | 60 |
$190,029 |
71 |
| 8 Hurstbourne/Middletwn/Anchrg | 44 |
$260,789 |
102 |
| 9 Anchrg/Lyndn/Prospct/UpRvrRd | 45 |
$212,863 |
105 |
| 11 Bullitt Co. | 48 |
$135,864 |
81 |
| 19 Spencer Co. | 12 |
$160,986 |
116 |
| 20 Oldham Co. – North | 16 |
$281,576 |
92 |
| 21 Oldham Co. – South | 16 |
$187,825 |
91 |
| 30 Shelby Co. | 20 |
$195,555 |
123 |
Source: MetroSearch, Inc. Values are not warranted by LHB.
Tags: February 2010, home sales, Louisville
Louisville KY Home Sales: January 2010
Feb 2, 2010 Trends/Statistics

January was down from December in large part due to the weather, but also from uncertainty about the economy. There are signs that things will be picking up as we head into the Spring.
As always, if you have any questions, please don’t hesitate to contact me.
January 2010
| AREA | SALES | AVERAGE | DoM |
| 0 Central Downtown District | 11 |
$165,907 |
90 |
| 1 Downtwn/Old&WestLouisville/Shively | 56 |
$46,375 |
64 |
| 2 Butchertown/Highlands/Germantwn | 54 |
$159,210 |
52 |
| 3 Brownsboro/StMatthews | 35 |
$201,374 |
104 |
| 4 Pleasure Rdg/Valley Station | 39 |
$88,432 |
51 |
| 5 Auburndale/Fairdale/Iroquois Park | 40 |
$94,728 |
74 |
| 6 Buechel/Highview/Okolona/FernCreek | 87 |
$128,679 |
73 |
| 7 FernCrk/Hikes Point/Jeffersontown | 62 |
$165,544 |
92 |
| 8 Hurstbourne/Middletwn/Anchrg | 56 |
$285,128 |
85 |
| 9 Anchrg/Lyndn/Prospct/UpRvrRd | 51 |
$236,834 |
82 |
| 11 Bullitt Co. | 46 |
$135,667 |
90 |
| 19 Spencer Co. | 15 |
$122,507 |
80 |
| 20 Oldham Co. – North | 20 |
$249,562 |
98 |
| 21 Oldham Co. – South | 17 |
$217,409 |
105 |
| 30 Shelby Co. | 22 |
$179,384 |
111 |
Source: MetroSearch, Inc. Values are not warranted by LHB.
Tags: home sales, January 2010, louisville ky
Louisville KY Home Sales: December 2009
Jan 2, 2010 Trends/Statistics

Numbers are down for December, as expected, especially after a stronger than normal November. But maybe not as down as one might have guessed.
As always, if you have any questions, please don’t hesitate to contact me.
December 2009
| AREA | SALES | AVERAGE | DoM |
| 0 Central Downtown District | 6 |
$135,721 |
25 |
| 1 Downtwn/Old&WestLouisville/Shively | 74 |
$46,566 |
77 |
| 2 Butchertown/Highlands/Germantwn | 68 |
$178,766 |
76 |
| 3 Brownsboro/StMatthews | 37 |
$244,747 |
82 |
| 4 Pleasure Rdg/Valley Station | 52 |
$102,138 |
67 |
| 5 Auburndale/Fairdale/Iroquois Park | 55 |
$102,387 |
69 |
| 6 Buechel/Highview/Okolona/FernCreek | 96 |
$116,143 |
93 |
| 7 FernCrk/Hikes Point/Jeffersontown | 111 |
$164,247 |
80 |
| 8 Hurstbourne/Middletwn/Anchrg | 79 |
$226,479 |
85 |
| 9 Anchrg/Lyndn/Prospct/UpRvrRd | 63 |
$222,647 |
83 |
| 11 Bullitt Co. | 81 |
$134,269 |
73 |
| 19 Spencer Co. | 17 |
$161,819 |
77 |
| 20 Oldham Co. – North | 37 |
$260,946 |
86 |
| 21 Oldham Co. – South | 27 |
$211,465 |
91 |
| 30 Shelby Co. | 37 |
$145,713 |
131 |
Source: MetroSearch, Inc. Values are not warranted by LHB.
Tags: December 2009, home sales, louisville ky
Louisville KY Home Sales: November 2009
Dec 2, 2009 Trends/Statistics

Possibly in reaction to a strong October, November numbers were, as expected, down. Following yearly trends, December should also be down as well, but according to many experts, 2010 should show some positive growth.
As always, if you have any questions, please don’t hesitate to contact me.
November 2009
| AREA | SALES | AVERAGE | DoM |
| 0 Central Downtown District | 6 |
$286,000 |
184 |
| 1 Downtwn/Old&WestLouisville/Shively | 61 |
$59,669 |
71 |
| 2 Butchertown/Highlands/Germantwn | 79 |
$178,683 |
54 |
| 3 Brownsboro/StMatthews | 52 |
$198,109 |
80 |
| 4 Pleasure Rdg/Valley Station | 86 |
$106,308 |
66 |
| 5 Auburndale/Fairdale/Iroquois Park | 82 |
$119,621 |
97 |
| 6 Buechel/Highview/Okolona/FernCreek | 126 |
$123,810 |
76 |
| 7 FernCrk/Hikes Point/Jeffersontown | 129 |
$164,435 |
72 |
| 8 Hurstbourne/Middletwn/Anchrg | 76 |
$239,938 |
88 |
| 9 Anchrg/Lyndn/Prospct/UpRvrRd | 99 |
$244,364 |
91 |
| 11 Bullitt Co. | 67 |
$141,394 |
84 |
| 19 Spencer Co. | 11 |
$163,767 |
92 |
| 20 Oldham Co. – North | 35 |
$283,600 |
127 |
| 21 Oldham Co. – South | 24 |
$202,838 |
106 |
| 30 Shelby Co. | 41 |
$143,388 |
83 |
Source: MetroSearch, Inc. Values are not warranted by LHB.
Tags: home sales, louisville ky, November 2009
Louisville KY Home Sales: October 2009
Nov 2, 2009 Trends/Statistics

In all but one of the Jefferson County areas home sales were up in October. That goes against seasonal trends where activity tapers off as we head into the Holidays. Average home sale prices were generally up as well, compared to September.
As always, if you have any questions, please don’t hesitate to contact me.
October 2009
| AREA | SALES | AVERAGE | DoM |
| 0 Central Downtown District | 8 |
$201,431 |
85 |
| 1 Downtwn/Old&WestLouisville/Shively | 79 |
$42,525 |
57 |
| 2 Butchertown/Highlands/Germantwn | 84 |
$181,561 |
71 |
| 3 Brownsboro/StMatthews | 74 |
$209,440 |
64 |
| 4 Pleasure Rdg/Valley Station | 82 |
$106,503 |
82 |
| 5 Auburndale/Fairdale/Iroquois Park | 84 |
$109,830 |
73 |
| 6 Buechel/Highview/Okolona/FernCreek | 146 |
$123,125 |
83 |
| 7 FernCrk/Hikes Point/Jeffersontown | 135 |
$155,343 |
62 |
| 8 Hurstbourne/Middletwn/Anchrg | 95 |
$246,533 |
103 |
| 9 Anchrg/Lyndn/Prospct/UpRvrRd | 106 |
$264,781 |
93 |
| 11 Bullitt Co. | 70 |
$167,793 |
81 |
| 19 Spencer Co. | 19 |
$148,361 |
166 |
| 20 Oldham Co. – North | 30 |
$283,302 |
110 |
| 21 Oldham Co. – South | 41 |
$243,695 |
80 |
| 30 Shelby Co. | 39 |
$141,699 |
97 |
Source: MetroSearch, Inc. Values are not warranted by LHB.
Tags: home sales, louisville ky, October 2009
Louisville KY Home Sales: September 2009
Oct 1, 2009 Trends/Statistics

Numbers are mixed compared to August which actually isn’t too bad considering that each year numbers typically drop off when summer is over and school starts. Like always, if you have any questions, please don’t hesitate to contact me.
September 2009
| AREA | SALES | AVERAGE | DoM |
| 0 Central Downtown District | 8 |
$160,089 |
164 |
| 1 Downtwn/Old&WestLouisville/Shively | 84 |
$47,110 |
71 |
| 2 Butchertown/Highlands/Germantwn | 82 |
$174,103 |
66 |
| 3 Brownsboro/StMatthews | 66 |
$207,960 |
73 |
| 4 Pleasure Rdg/Valley Station | 69 |
$99,848 |
73 |
| 5 Auburndale/Fairdale/Iroquois Park | 71 |
$115,532 |
59 |
| 6 Buechel/Highview/Okolona/FernCreek | 129 |
$122,406 |
103 |
| 7 FernCrk/Hikes Point/Jeffersontown | 124 |
$161,737 |
71 |
| 8 Hurstbourne/Middletwn/Anchrg | 75 |
$194,034 |
83 |
| 9 Anchrg/Lyndn/Prospct/UpRvrRd | 93 |
$225,000 |
102 |
| 11 Bullitt Co. | 82 |
$145,298 |
97 |
| 19 Spencer Co. | 21 |
$175,813 |
133 |
| 20 Oldham Co. – North | 37 |
$229,825 |
90 |
| 21 Oldham Co. – South | 34 |
$207,170 |
79 |
| 30 Shelby Co. | 46 |
$157,035 |
107 |
Source: MetroSearch, Inc. Values are not warranted by LHB.
Tags: home sales, louisville ky, September 2009
Louisville KY Home Sales: August 2009
Sep 2, 2009 Trends/Statistics

Fairly large drop from July but many experts believe we’ve reached the bottom of this housing recession. We’ll see if their prediction prove true.
Like always, if you have any questions, please don’t hesitate to contact me.
August 2009
| AREA | SALES | AVERAGE | DoM |
| 0 Central Downtown District | 3 |
$143,333 |
82 |
| 1 Downtwn/Old&WestLouisville/Shively | 65 |
$47,028 |
80 |
| 2 Butchertown/Highlands/Germantwn | 75 |
$188,340 |
52 |
| 3 Brownsboro/StMatthews | 71 |
$230,092 |
71 |
| 4 Pleasure Rdg/Valley Station | 62 |
$104,477 |
89 |
| 5 Auburndale/Fairdale/Iroquois Park | 63 |
$104,816 |
69 |
| 6 Buechel/Highview/Okolona/FernCreek | 134 |
$117,870 |
74 |
| 7 FernCrk/Hikes Point/Jeffersontown | 125 |
$174,676 |
87 |
| 8 Hurstbourne/Middletwn/Anchrg | 84 |
$256,290 |
88 |
| 9 Anchrg/Lyndn/Prospct/UpRvrRd | 86 |
$225,955 |
70 |
| 11 Bullitt Co. | 65 |
$144,046 |
82 |
| 19 Spencer Co. | 22 |
$186,302 |
142 |
| 20 Oldham Co. – North | 39 |
$298,141 |
101 |
| 21 Oldham Co. – South | 34 |
$223,055 |
95 |
| 30 Shelby Co. | 44 |
$157,701 |
116 |
Source: MetroSearch, Inc. Values are not warranted by LHB.
Tags: August 2009, home sales, louisville ky
Louisville KY Home Sales: July 2009
Aug 3, 2009 News

As you’d expect, numbers are up for July over June as the Summer season here in Louisville is seeing a little jump. There are still 9,680 properties for sale in our entire MLS but that’s down a bit from previous highs.
Like always, if you have any questions, please don’t hesitate to contact me.
July 2009
| AREA | SALES | AVERAGE | DoM |
| 0 Central Downtown District | 7 |
$81,000 |
44 |
| 1 Downtwn/Old&WestLouisville/Shively | 74 |
$54,208 |
85 |
| 2 Butchertown/Highlands/Germantwn | 122 |
$177,953 |
59 |
| 3 Brownsboro/StMatthews | 79 |
$212,356 |
65 |
| 4 Pleasure Rdg/Valley Station | 69 |
$99,630 |
73 |
| 5 Auburndale/Fairdale/Iroquois Park | 70 |
$99,925 |
73 |
| 6 Buechel/Highview/Okolona/FernCreek | 146 |
$130,001 |
68 |
| 7 FernCrk/Hikes Point/Jeffersontown | 152 |
$166,094 |
84 |
| 8 Hurstbourne/Middletwn/Anchrg | 87 |
$282,204 |
88 |
| 9 Anchrg/Lyndn/Prospct/UpRvrRd | 120 |
$254,619 |
96 |
| 11 Bullitt Co. | 66 |
$147,737 |
106 |
| 19 Spencer Co. | 28 |
$198,539 |
151 |
| 20 Oldham Co. – North | 38 |
$375,363 |
126 |
| 21 Oldham Co. – South | 37 |
$217,553 |
82 |
| 30 Shelby Co. | 42 |
$177,060 |
117 |
Source: MetroSearch, Inc. Values are not warranted by LHB.
Tags: home sales, July 2009, louisville ky
Louisville KY Home Sales: June 2009
Jul 2, 2009 News

Mixed again this month as East End areas are up and those to the South are down. If you didn’t see, here is last month. This is the last time I’ll post about this but if you haven’t read Louisville Kentucky Real Estate Review of 2008, here’s your chance.
Like always, if you have any questions, please don’t hesitate to contact me.
June 2009
| AREA | SALES | AVERAGE | DoM |
| 0 Central Downtown District | 12 |
$97,479 |
53 |
| 1 Downtwn/Old&WestLouisville/Shively | 78 |
$44,148 |
77 |
| 2 Butchertown/Highlands/Germantwn | 104 |
$182,447 |
67 |
| 3 Brownsboro/StMatthews | 65 |
$298,181 |
82 |
| 4 Pleasure Rdg/Valley Station | 58 |
$95,522 |
79 |
| 5 Auburndale/Fairdale/Iroquois Park | 72 |
$108,696 |
83 |
| 6 Buechel/Highview/Okolona/FernCreek | 141 |
$115,924 |
70 |
| 7 FernCrk/Hikes Point/Jeffersontown | 142 |
$167,950 |
75 |
| 8 Hurstbourne/Middletwn/Anchrg | 88 |
$236,422 |
82 |
| 9 Anchrg/Lyndn/Prospct/UpRvrRd | 107 |
$252,189 |
84 |
| 11 Bullitt Co. | 66 |
$152,540 |
96 |
| 19 Spencer Co. | 11 |
$158,900 |
115 |
| 20 Oldham Co. – North | 28 |
$278,325 |
110 |
| 21 Oldham Co. – South | 38 |
$257,016 |
110 |
| 30 Shelby Co. | 32 |
$163,971 |
98 |
Source: MetroSearch, Inc. Values are not warranted by LHB.
Tags: home sales, June 2009, louisville ky
May 2009 Home Sales in Louisville, KY
Jun 2, 2009 Trends/Statistics

Mixed again this month as East End areas are up and those to the South are down. If you didn’t see, here is last month. This is the last time I’ll post about this but if you haven’t read Louisville Kentucky Real Estate Review of 2008, here’s your chance.
Like always, if you have any questions, please don’t hesitate to contact me.
May 2009
| AREA | SALES | AVERAGE | DoM |
| 0 Central Downtown District | 2 |
$109,000 |
69 |
| 1 Downtwn/Old&WestLouisville/Shively | 78 |
$44,204 |
66 |
| 2 Butchertown/Highlands/Germantwn | 75 |
$158,728 |
70 |
| 3 Brownsboro/StMatthews | 65 |
$205,909 |
60 |
| 4 Pleasure Rdg/Valley Station | 48 |
$80,877 |
69 |
| 5 Auburndale/Fairdale/Iroquois Park | 47 |
$115,526 |
77 |
| 6 Buechel/Highview/Okolona/FernCreek | 107 |
$127,435 |
85 |
| 7 FernCrk/Hikes Point/Jeffersontown | 97 |
$159,955 |
80 |
| 8 Hurstbourne/Middletwn/Anchrg | 71 |
$225,074 |
111 |
| 9 Anchrg/Lyndn/Prospct/UpRvrRd | 81 |
$237,845 |
97 |
| 11 Bullitt Co. | 53 |
$144,169 |
99 |
| 19 Spencer Co. | 12 |
$187,585 |
177 |
| 20 Oldham Co. – North | 22 |
$215,236 |
121 |
| 21 Oldham Co. – South | 27 |
$219,656 |
114 |
| 30 Shelby Co. | 29 |
$145,524 |
60 |
Source: MetroSearch, Inc. Values are not warranted by LHB.
Tags: home sales, Kentucky, Louisville, May 2009
April 2009 Home Sales in Louisville, KY
May 2, 2009 Trends/Statistics

Mixed again this month as East End areas are up and those to the South are down. If you didn’t see, here is last month. This is the last time I’ll post about this but if you haven’t read Louisville Kentucky Real Estate Review of 2008, here’s your chance.
Like always, if you have any questions, please don’t hesitate to contact me.
April 2009
| AREA | SALES | AVERAGE | DoM |
| 0 Central Downtown District | 1 |
$255,500 |
188 |
| 1 Downtwn/Old&WestLouisville/Shively | 73 |
$41,886 |
60 |
| 2 Butchertown/Highlands/Germantwn | 54 |
$165,982 |
80 |
| 3 Brownsboro/StMatthews | 35 |
$256,367 |
57 |
| 4 Pleasure Rdg/Valley Station | 44 |
$81,070 |
77 |
| 5 Auburndale/Fairdale/Iroquois Park | 40 |
$102,578 |
98 |
| 6 Buechel/Highview/Okolona/FernCreek | 94 |
$120,326 |
79 |
| 7 FernCrk/Hikes Point/Jeffersontown | 71 |
$155,358 |
98 |
| 8 Hurstbourne/Middletwn/Anchrg | 57 |
$270,467 |
106 |
| 9 Anchrg/Lyndn/Prospct/UpRvrRd | 58 |
$264,467 |
106 |
| 11 Bullitt Co. | 56 |
$134,103 |
118 |
| 19 Spencer Co. | 14 |
$202,475 |
146 |
| 20 Oldham Co. – North | 24 |
$290,516 |
120 |
| 21 Oldham Co. – South | 21 |
$235,999 |
120 |
| 30 Shelby Co. | 29 |
$150,336 |
113 |
Source: MetroSearch, Inc. Values are not warranted by LHB.
Tags: April 2009, home sales, louisville ky
March 2009 Home Sales in Louisville, KY
Apr 2, 2009 Trends/Statistics

Numbers still moving up in most areas for number of sales over last month. Pricing also increasing, if only marginally. If you haven’t read Louisville Kentucky Real Estate Review of 2008, I’d love to hear your feedback.
Like always, if you have any questions, please don’t hesitate to contact me.
March 2009
| AREA | SALES | AVERAGE | DoM |
| 0 Central Downtown District | 5 |
$38,520 |
51 |
| 1 Downtwn/Old&WestLouisville/Shively | 81 |
$29,609 |
63 |
| 2 Butchertown/Highlands/Germantwn | 46 |
$158,500 |
70 |
| 3 Brownsboro/StMatthews | 37 |
$229,008 |
99 |
| 4 Pleasure Rdg/Valley Station | 61 |
$90,700 |
82 |
| 5 Auburndale/Fairdale/Iroquois Park | 46 |
$100,798 |
81 |
| 6 Buechel/Highview/Okolona/FernCreek | 104 |
$130,993 |
93 |
| 7 FernCrk/Hikes Point/Jeffersontown | 93 |
$163,078 |
96 |
| 8 Hurstbourne/Middletwn/Anchrg | 37 |
$253,027 |
142 |
| 9 Anchrg/Lyndn/Prospct/UpRvrRd | 52 |
$224,597 |
94 |
| 11 Bullitt Co. | 65 |
$124,973 |
68 |
| 19 Spencer Co. | 15 |
$202,390 |
104 |
| 20 Oldham Co. – North | 15 |
$265,280 |
104 |
| 21 Oldham Co. – South | 23 |
$233,984 |
131 |
| 30 Shelby Co. | 28 |
$166,719 |
115 |
Source: MetroSearch, Inc. Values are not warranted by LHB.
Tags: home sales, louisville ky, March 2009
Home Sales in December Up 6.5% Nationally
Jan 27, 2009 Trends/Statistics
It’s always interesting to me to see how headlines are formed. Sometimes they convey the true meaning of the article but many times they don’t.
Take this heading from The Wall St. Journal:
Home sales rising should be great news right? Well, they seem to feel the need to couch it alongside some negative news—the price cuts. Are we sure that it was the price cuts the forced the increase? I’m sure they played a role but many factors, including things like the weather, affect home sale numbers. Then the WSJ does it again with the tagline:
Largest Monthly Gain Since 2002, but Economists Warn of Sluggish Season Ahead
Awesome! But don’t stay happy. Sounds like our popular media is a bit conflicted. Not all experts are predicting “sluggish” results. Alexis McGee is predicting a “major improvement.”
How did we do here in Louisville? In November 2008, there were 459 homes sold in Jefferson County and 497 sold in December 2008 for an 8.3%.
Keep in mind it’s usually better to compare a particular month from one year to the same month of a previous year. When we do that, there was a significant drop from the 668 homes sold in December, 2007.
If you’d like to see what your home might sell for in today’s market, feel free to contact me for a complimentary CMA.
Tags: home sales, Wall St. Journal
Louisville Kentucky Real Estate Review of 2008
Jan 18, 2009 Trends/Statistics
It seems the popular press today didn’t listen to their parents growing up. I’m sure you’ve heard the instruction, “If you don’t have anything nice to say, don’t say anything at all.” Apparently only bad news sells commercial time, newspaper subscriptions and online ad clicks.
Well, here at Louisville Homes Blog, I’d rather tell you the whole story and let you figure out what it means. So here in our ultra-concise delivery method is the 2008 Year in Review for Louisville, KY Real Estate.
Home Values in Louisville
First, you need to understand that most valuations you find online are truly estimates. Some are wildly inaccurate while most are merely averages. Averages are fine if your home is an average home but most aren’t. Even still, with the plethora of free online information, we’d be silly to dismiss it.
According to this chart from RealtyTrac, the median home value in Louisville dropped about $1,300 in value during 2008. This amounts to about a 1% loss.
We reported in November one analyst reporting the drop in value to be -3.6%. If you look at Trulia, they have 2008 being almost a wash.
I think a drop of 2-3% is probably reasonable, which is a real negative when you consider home values in Louisville have risen 4-5% every year for the past five decades.
Home Sales in Louisville
This calculation is quite simple and very reliable given that the data is coming directly from Louisville’s MLS system.

As you can see, Louisville has certainly dropped from the high number of sales in 2005 and 2006. But properties are still selling in numbers larger than the first three years of this decade.
Foreclosures in Louisville
Since this is the most negative news in real estate today, it’s no big surprise to hear the media clamor on and on about it. So how is Louisville doing compared to the rest of the nation?
About as expected, things are the worst on either coast and Florida. Good news for us in Kentucky is that we have fewer foreclosures than our neighbors in Tennessee, Ohio and Indiana. As always, be conservative when considering an amount to borrow for the purchase of your home.
Conclusion
All in all, it was a down year for real estate here in Louisville but not nearly as bad as the media has made it out to be. Given the historically low interest rates and depending on your situation, now could possibly be the best time to make a move in real estate.
Tags: 2008, foreclosures, home sales, home values, Louisville Kentucky
Louisville Real Estate News
Dec 30, 2008 News

I started collecting some news links when the site went down so here they are en masse.
- Mortgage rates at 37-year low
Some folks are going to be kicking themselves when the rates rise and they didn’t take advantage of them. - Local home sales drop in November
November was a terrible month for sales. As a whole, 2008 is going to be down as much as 20-30% in total number of properties sold. Please check Louisville Homes Blog for a report on those numbers in January. - Home bargains can still be found in Louisville
This shouldn’t be surprising news to anyone watching the market these days.
Tags: home sales, interest rates, Louisville Homes Blog, Louisville Kentucky
November 2008 Home Sales in Louisville, KY
Dec 2, 2008 Trends/Statistics

The number of sales is down this month, as expected. Each year as we head into the Holiday season activity dies down then starts back up (slowly) after the New Year. But it’s surprising to see prices up in most of the areas. In particular, Areas 7 and 8 saw solid increases and North Oldham went from an average value of $269,452 to $342,139.
Now, averages fluctuate more erratically when the sample size is low so we can’t put too much stock in these numbers. But it is interesting to see these value increases given the overall downward trend for the year. If you have any questions, please contact me.
November 2008
| AREA | SALES | AVERAGE | DoM |
| 0 Central Downtown District | 7 |
$125,400 |
53 |
| 1 Downtwn/Old&WestLouisville/Shively | 70 |
$37,355 |
69 |
| 2 Butchertown/Highlands/Germantwn | 31 |
$182,980 |
50 |
| 3 Brownsboro/StMatthews | 31 |
$285,642 |
79 |
| 4 Pleasure Rdg/Valley Station | 37 |
$92,336 |
63 |
| 5 Auburndale/Fairdale/Iroquois Park | 48 |
$99,268 |
66 |
| 6 Buechel/Highview/Okolona/FernCreek | 88 |
$116,346 |
78 |
| 7 FernCrk/Hikes Point/Jeffersontown | 57 |
$175,456 |
62 |
| 8 Hurstbourne/Middletwn/Anchrg | 43 |
$280,655 |
99 |
| 9 Anchrg/Lyndn/Prospct/UpRvrRd | 47 |
$253,565 |
72 |
| 11 Bullitt Co. | 53 |
$147,775 |
105 |
| 19 Spencer Co. | 8 |
$152,791 |
140 |
| 20 Oldham Co. – North | 18 |
$342,139 |
114 |
| 21 Oldham Co. – South | 20 |
$214,305 |
69 |
| 30 Shelby Co. | 15 |
$147,765 |
90 |
Source: MetroSearch, Inc. Values are not warranted by LHB.
Tags: data, home sales, Kentucky, Louisville
October 2008 Home Sales in Louisville, KY
Nov 6, 2008 Trends/Statistics

More down than up this month, but where sale numbers are down, prices are rising. Looks like values are balancing out as we head into the Holidays. If you have any questions, please contact me.
October 2008
| AREA | SALES | AVERAGE | DoM |
| 0 Central Downtown District | 8 |
$162,848 |
103 |
| 1 Downtwn/Old&WestLouisville/Shively | 107 |
$43,226 |
67 |
| 2 Butchertown/Highlands/Germantwn | 58 |
$164,055 |
62 |
| 3 Brownsboro/StMatthews | 41 |
$229,671 |
60 |
| 4 Pleasure Rdg/Valley Station | 56 |
$103,127 |
73 |
| 5 Auburndale/Fairdale/Iroquois Park | 66 |
$99,799 |
93 |
| 6 Buechel/Highview/Okolona/FernCreek | 115 |
$135,527 |
62 |
| 7 FernCrk/Hikes Point/Jeffersontown | 80 |
$156,692 |
74 |
| 8 Hurstbourne/Middletwn/Anchrg | 78 |
$252,153 |
72 |
| 9 Anchrg/Lyndn/Prospct/UpRvrRd | 86 |
$220,969 |
83 |
| 11 Bullitt Co. | 67 |
$163,767 |
82 |
| 19 Spencer Co. | 23 |
$150,891 |
93 |
| 20 Oldham Co. – North | 26 |
$269,452 |
92 |
| 21 Oldham Co. – South | 29 |
$187,413 |
96 |
| 30 Shelby Co. | 22 |
$138,559 |
79 |
Source: MetroSearch, Inc. Values are not warranted by LHB.
Tags: data, home sales, Kentucky, Louisville






