Louisville Housing Market Report, 7 Year Period End March 2011

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.

Louisville Home Sales: 7 Year Monthly Chart for period ending March 2011
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 the past 7 years.

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 year.

In Oldham County, only 41 properties were sold during the month of March 2011. This is a little over 16% drop from the previous year and not a positive outcome.

Here’s hoping the April rains won’t put as great a damper on house hunters as I’m worried they might.