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Wednesday, July 19, 2017

First Time Landlord Woes

Homeowners have a lot to keep up with, but landlords have even more. If you own a home and are thinking about renting it out, you should definitely read the common mistakes most first-time landlords ...  Read More

Monday, July 17, 2017

Market Update for June

Redfin’s newest data has stated home prices in June increased 7.1% to a median sale price of $298,000. Redfin began tracking home prices back in 2010, and last month and June was the highest ...  Read More

Louisville Real Estate Market Statistics

The statistics below provide a snapshot of the Metro Louisville real estate market and certain cities, subdivisions and neighborhoods within it.  These Louisville real estate market statistics are updated daily from the Louisville MLS.  If you have any questions regarding these statistics, would like more detail, or need assistance interpreting them, please don't hesitate to contact us.   We're here to help!

7.22.17: Anchorage Trends

Market Snapshot

Total Properties Listed: 34

Month-Over-Month Change: 17.24%

Average Days On Market: 55

Residential Median List Price: $837,450

Month-Over-Month Change: -2.90%

Land Median List Price: $687,000

Month-Over-Month Change: 72.18%

Typical Property

Single-Family Home: 4.56 Bedrooms
4.59 Baths
Avg List Price: $813,009
Avg Price per SqFt: $152.02/SqFt
Avg Price Reduction: -1.00%

Average Price by Bedrooms

1 Bedroom: No Listings
2 Bedrooms: No Listings
3 Bedrooms: $447,500
4 Bedrooms: $662,600
5 Bedrooms: $1,034,129
View Current Listings

7.22.17: Prospect Trends

Market Snapshot

Total Properties Listed: 275

Month-Over-Month Change: -2.48%

Average Days On Market: 135

Residential Median List Price: $502,500

Month-Over-Month Change: -5.55%

Land Median List Price: $242,000

Typical Property

Single-Family Home: 3.95 Bedrooms
4.01 Baths
Avg List Price: $603,137
Avg Price per SqFt: $179.14/SqFt
Avg Price Reduction: -2.00%

Average Price by Bedrooms

1 Bedroom: $2,240,000
2 Bedrooms: $295,886
3 Bedrooms: $439,380
4 Bedrooms: $646,410
5 Bedrooms: $820,843
View Current Listings

7.22.17: Indian Hills Trends

Market Snapshot

Total Properties Listed: 30

Month-Over-Month Change: 3.45%

Average Days On Market: 78

Residential Median List Price: $599,000

Month-Over-Month Change: 0.84%

Typical Property

Single-Family Home: 4.13 Bedrooms
3.83 Baths
Avg List Price: $745,540
Avg Price per SqFt: $166.59/SqFt
Avg Price Reduction: -2.00%

Average Price by Bedrooms

1 Bedroom: No Listings
2 Bedrooms: No Listings
3 Bedrooms: $398,100
4 Bedrooms: $589,428
5 Bedrooms: $788,200
View Current Listings

7.22.17: Seneca Gardens Trends

Market Snapshot

Total Properties Listed: 4

Month-Over-Month Change: 300.00%

Average Days On Market: 24

Residential Median List Price: $353,750

Month-Over-Month Change: -46.52%

Typical Property

Single-Family Home: 2.00 Bedrooms
2.50 Baths
Avg List Price: $359,000
Avg Price per SqFt: $152.63/SqFt
Avg Price Reduction: 0.00%

Average Price by Bedrooms

1 Bedroom: $69,750
2 Bedrooms: No Listings
3 Bedrooms: $648,250
4 Bedrooms: No Listings
5 Bedrooms: No Listings
View Current Listings

7.22.17: Crescent Hill Trends

Market Snapshot

Total Properties Listed: 9

Month-Over-Month Change: -47.06%

Average Days On Market: 48

Residential Median List Price: $395,000

Month-Over-Month Change: 9.87%

Typical Property

Single-Family Home: 3.44 Bedrooms
2.89 Baths
Avg List Price: $417,211
Avg Price per SqFt: $163.07/SqFt
Avg Price Reduction: -2.00%

Average Price by Bedrooms

1 Bedroom: No Listings
2 Bedrooms: No Listings
3 Bedrooms: $418,600
4 Bedrooms: $415,475
5 Bedrooms: No Listings
View Current Listings

7.22.17: Lake Forest Trends

Market Snapshot

Total Properties Listed: 63

Month-Over-Month Change: -1.56%

Average Days On Market: 64

Residential Median List Price: $515,000

Month-Over-Month Change: 0.50%

Typical Property

Single-Family Home: 4.43 Bedrooms
4.56 Baths
Avg List Price: $595,040
Avg Price per SqFt: $115.63/SqFt
Avg Price Reduction: -2.00%

Average Price by Bedrooms

1 Bedroom: No Listings
2 Bedrooms: No Listings
3 Bedrooms: $412,500
4 Bedrooms: $509,911
5 Bedrooms: $720,543
View Current Listings