Below you'll find our monthly reports for the following Louisville housing markets. These charts display Louisville home sales and Louisville median home values with a trend-line. You may view this Louisville real estate area map to see the MLS "areas." 6/11/2011 - Only Area 20 sold more homes in May 2011 than May 2010. Every other area had less real estate activity, several showed major drops. After a lackluster first quarter, Jefferson County home sales have not rebounded as many had hoped. May is the start of the "busy season" and these numbers do not paint a positive picture. Oldh

April's performance fell just shy of the trend line putting more pressure on May to "break the plane." Another month of waiting is behind us. What have we learned? Not much... we're still waiting. April 2011 for both Jefferson County and Oldham County fell below the 7-year trend line for home sales. Jefferson totaled 664 homes sold for the month, which trailed last year's 782. Certainly the record breaking rain had something to do with it so we'll see if those buyers who held off in April might be making their move in May. Oldham came in with 61 properties sold just under the 67 o

Below you'll find our monthly reports for the following Louisville housing markets. These charts display Louisville home sales and Louisville median home values with a trend-line. You may view this Louisville real estate area map to see the MLS "areas." 5/3/2011 - Other than Areas 3 and 21, the majority of the Louisville real estate market is showing home sales trail the previous year. We should always take weather into consideration when evaluating home sales activity and April was the rainiest on record. It'll be interesting to see if May makes up for April's lack of home sales or will

Each month we will bring to you an easy to read chart on how both Jefferson County and Oldham County home sales have performed over that past 7 years. I took the time to add the historical trend-line to these charts as I do in our monthly Louisville Housing Reports. And the trend is nothing if not consistent. March home sales in Jefferson and Oldham Counties have, like previous months, trailed 2010 and only barely topped 2009. With results similar to February, March saw only 621 homes sell in Jefferson County. This is 37% down from the high of 2006 and more than 10% down from last yea

Below you'll find our monthly reports for the following Louisville housing markets. These charts display Louisville home sales and Louisville median home values with a trend line. Each chart relates directly to an "area" as defined by the Louisville MLS. 3/6/2011 - A variety of factors go into both home values and home sales here in Louisville, KY. As I chart these monthly market reports, it's occurred to me that one factor I had not considered is something that effects the entire housing market—the number and average costs of new construction. New home builders build what the mar

Each month we will bring to you an easy to read chart on how both Jefferson County and Oldham County home sales have performed over that past 7 years. That's two months straight with disappointing results in terms of real estate activity. Home sales in Jefferson County just haven't picked up like some experts have predicted. I guess the only solace is that Louisville isn't the only city experiencing these results and is performing on par. Similar to both December and January market reports, February saw Jefferson County home sales drop behind 2010. Whereas in those two months, 2011 did

Below you'll find our monthly/quarterly reports for the following Louisville housing markets. These charts display Louisville home sales and Louisville median home values with a trend line. Each chart relates directly to an "area" as defined by the Louisville MLS. 3/6/2011 - A variety of factors go into both home values and home sales here in Louisville, KY. As I chart these monthly market reports, it's occurred to me that one factor I had not considered is something that effects the entire housing market—the number and average costs of new construction. New home builders build wh

Each month we will bring to you an easy to read chart on how both Jefferson County and Oldham County home sales have performed over that past 7 years. As with our first post on this feature, home sales in past two years have been roughly the same and a little better than the previous year. Still not recovering to the point of 2005-07, there is going to be some ground to be made up. Whether 2011 is the year that starts the run-up is still unclear. All real estate signs are positive for sales: interest rates, inventory and home prices. What appears to be dragging down momentum is an ove

Below you'll find our monthly/quarterly reports for the following Louisville housing markets. These charts display Louisville home sales and Louisville median home values with a trend line. Each chart relates directly to an "area" as defined by the Louisville MLS. Area 9 is one of the few areas looking to improve upon these past few down years. As you can see in this chart, home prices are trending upward and sales are ahead of 2010. Looking at the start of 2011, there isn't a lot to write home about. A few areas are up, but not as many as one would hope. Harsh winter weather is sure

For a view of what the Louisville housing market looks like, this chart shows home sales over the past 7 years, only comparing a single month. In this chart, we focus on December. There are so many ways to look at data. One could potentially create charts all day long! Without going overboard, I do desire to give you useful information in a way that's easy to understand. Putting this data into chart form is a natural choice and paints a clear picture of what our Louisville housing market looks like. National organizations treat the housing market as a whole and that's not good enou

Below you'll find our monthly/quarterly reports for the following Louisville housing markets. These charts display Louisville home sales and Louisville median home values with a trend line. Each chart relates directly to an "area" as defined by the Louisville MLS. This small downtown area saw a remarkable growth in home values this past December. Sales also beat '09 for last two months of the year. For most areas, sales remained behind 2009 levels but a few did bounce back, like Area 3 and Area 0. These areas also saw improvement in values, which doesn't always correlate with increas

Below you'll find our monthly/quarterly reports for the following Louisville housing markets. These charts display Louisville home sales and Louisville median home values with a trend line. Each chart relates directly to an "area" as defined by the Louisville MLS. Area 3 is seeing healthy increase in home value since mid-year. November beat previous year for the first time since June. Only two (Areas 3 & 20) of our monthly reporting areas saw increases in the number of homes sold compared to the previous year. This means six areas saw less activity. But for all of Jefferson county, N

Below you'll find our monthly/quarterly reports for the following Louisville housing markets. These charts display Louisville home sales and Louisville median home values with a trend line. Each chart relates directly to an "area" as defined by the Louisville MLS. Shelby County real estate is one of the only areas that is seeing home sales close to 2009 levels. Activity is down in almost every area in Louisville, KY. Roughly half the areas are seeing improvement in home prices. Expect activity to continue its languid pace as the Holidays approach. Both Monthly and Quarterly Repor

Below you'll find our eight monthly reports for the following Louisville housing markets. These charts display Louisville home sales and Louisville median home values with a trend line. Each chart relates directly to an "area" as defined by the Louisville MLS. As you would expect with school starting, home sales have dropped in every area with Area 9 being the strongest. The bigger problem is that the level on some of these areas is extremely low, almost anemic. Hardest hit are Areas 6 & 20. The bright spot is the home values are improving in most areas. This means for buyers look

Below you'll find our eight monthly reports for the following Louisville housing markets. These charts display Louisville home sales and Louisville median home values with a trend line. Each chart relates directly to an "area" as defined by the Louisville MLS. August is another under-performing month, while not quite as poorly as July. Certain areas saw home values increase but almost all saw a decrease in homes sold except for Areas 2 & 9. There may be some make-up activity in September but expect things to continue in this manner until consumer confidence rebounds. Monthly Repor

Below you'll find our eight monthly reports for the following Louisville housing markets. These charts display Louisville home sales and Louisville median home values with a trend line. Each chart relates directly to an "area" as defined by the Louisville MLS. Well, it's official. Sales volume has dropped drastically across the board for the month of July, when compared to June 2010 and July 2009. See what this means for your home area. Monthly Reports Area 2: Butchertown/Highlands/Germantown Home values continue their upward trend in this area while sales volume for July drop

Below you'll find our eight monthly reports for the following Louisville housing markets. These charts display Louisville home sales and Louisville median home values with a trend line. Each chart relates directly to an "area" as defined by the Louisville MLS. Monthly Reports Area 2: Butchertown/Highlands/Germantown Big drop in sales as values remain steady. Area 3: Clifton/Crescent Hill/St. Matthews Nice increase for June but lost last year's bigger June so trend drops. Sales, however, big winner. Area 6: Buechel/Highview/Okolona/Fern Creek Medium drop in values but all oth

2010 trending over past two years but short of 2006-07 levels. We began this feature on Louisville Homes Blog back in April and will be updating this chart periodically. Putting this data into chart form makes it easier to discern trends against past performance. Enjoy! This work is licensed under a Creative Commons Attribution-No Derivative Works 3.0 United States License.

Below you'll find our eight monthly reports for the following Louisville housing markets. These charts display Louisville home sales and Louisville median home values with a trend line. Each chart relates directly to an "area" as defined by the Louisville MLS. Update 6/7: I've created this map of Louisville real estate areas to help anyone unfamiliar with how our MLS groups houses. Monthly Reports Area 2: Butchertown/Highlands/Germantown Home values return to norm as sales continue predicable trend. Area 3: Clifton/Crescent Hill/St. Matthews Values are simply flat as volu

Ever since I launched this blog back in 2006, I knew that I wanted to communicate unbiased, real estate news and advice to the people of Louisville. Unlike most agent Web sites (including my own, truth be told) LouisvilleHomesBlog is not primarily a marketing tool my own personal real estate business. I work very hard to make sure the information is true, targeted to our local market and useful to you, my readers. With that in mind, the way I presented sales and home value data was never something in which I was completely pleased. Just for comparison, take a quick look at the March 2010 po