May 2012 was a big month for Louisville real estate! As you can see from the chart below, home sales in Jefferson County far outpaced the previous year coming close to the strangely strong 2010 number.
Looking at actual numbers, 859 homes were sold in May. This was 29% more than the 664 homes that were sold last May. That’s big time!
The market is without a doubt improving, which is great news for home sellers. Buyers, however, now have their window of opportunity slowly closing. Combined with the opportunity for interest rates to rise, savvy buyers will make their move before year’s end.
Do you have an real estate questions? Please contact Tre Pryor, REALTOR your trusted advisor in Louisville real estate.