This is our final Louisville real estate report of the year. I sincerely hope you enjoy all this great, free content!
With the final month in the books, we can see where 2019 stacks up with the competition. But that’s for a different article.
In this post, we’ll cover all the monthly MLS areas like we normally and provide links to all the rest that are updated each quarter… which means now!
As we head into 2020, please let me know what you think of Louisville Homes Blog—good, bad or even ideas about topics we haven’t covered. I truly want you to have everything you might want when it comes to Louisville real estate. Here’s the link to Contact Tre Pryor. Looking forward to hearing from you!
Jefferson County Housing Market Report
Looks like December rebounded in a big way. Home sales for the month just barely missed matching last year. 867 homes were sold during the month compared to 892 the previous year for a 2.8% decline. Not bad.
When we take a look at prices we see a decent jump. While the median home sale price in November was $180,000, one month later that number is $189,900 good for an almost 10k increase.
Now let’s check out home real estate performed in your home’s area.
Louisville MLS Areas with Monthly Reports
A massive drop in sales from November to December but sales outpaced the previous year.
Strong month for homes in Area 3 with both metrics improved in December. The overall trend-line for values is only slightly up from a year ago.
We see a similar situation here in Area 6 with both charted values improved for the month. As long as inventory can hold out, sales will continue to grow.
These are fairly strong numbers here in Area 7 as well. Home sales were higher than last year and the median home sale price inched higher.
Even though the trend-line for Area 8 is quite flat, a strong showing this winter could help change that. Sales were on par with the previous year.
Home sales were a dead heat in December while prices moved a bit higher.
Craziest chart for the month of December is this one! I can’t really explain the incredible drop in sale prices except to think new construction homes are only selling at the low end of the price spectrum.
After a dip in October and November, home prices in December move higher. Sales dip after five straight months of winning.
Louisville Real Estate Report: Quarterly MLS Areas
All of our quarterly MLS areas are updated through the end of the year. Find the links below, or in their normal spot under the House Reports tab in the nav.
- Central Downtown District, Old Louisville – Area 0
- Downtown, Old Louisville, West Louisville – Area 1
- Pleasure Ridge, Valley Station, Shively – Area 4
- Auburndale, Fairdale, Iroquois Park, Shively Homes – Area 5
- Bullitt County – Area 11
- Spencer County – Area 19
- Shelby County – Area 30
Are you curious about what your Louisville home is currently worth? Contact me and we’ll schedule a visit. It’s completely free and I’m always happy to help!