December 12, 2017

Louisville Home Sales – May 2011 – By Bob Sokoler – www.weselllouisville.com

Louisville home sale numbers from April 2011 compared to April 2010 are down 17% and homes going under contract are down 44%. But don’t let the numbers fool you; remember tax credits last year artificially accelerated home sales. This year we’re looking at terrible weather, rising gas prices and an economy that still hasn’t stabilized.

Yet despite the numbers, mother nature and uncertainty, homes are still going under contract and being sold. There are more people out now looking for homes than in past months but they are looking for bargains and are not afraid to wait until they find one.

Some Louisville home sellers are coming to the painful realization they may not make a major profit if they want to sell this year.  Deals are out there, sellers are willing to deal, interest rates are stable for now at below 5% and once Derby is over and the weather gets better we should see home sales pick up even more.

Bob Sokoler is a former Anchor/Reporter turned Louisville Realtor 7 years ago in Louisville Kentucky. You can learn more about Bob, his Team and Louisville Real Estate at www.weselllouisville.com

April 2011

Number of Houses Under Contract

This month: 1222

Last month: 1374

This month last year: 0

Number of Houses Sold & Closed

This month: 921

Last month: 891

This month last year: 0

Average Selling Price

This month: $155,963

Last month: $152,801

This month last year: $0

Average Days on Market

This month: 85

Last month: 87

This month last year: 0

Median Sales Price

127,000

April 2010
Number of Houses Under Contract

This month: 2109

Last month: 1437

This month last year: 0

Number of Houses Sold & Closed

This month: 1108

Last month: 990

This month last year: 0

Average Selling Price

This month: $160,442

Last month: $157,639

This month last year: $0

Average Days on Market

This month: 88

Last month: 88

This month last year: 0

Median Sales Price

135,000


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Related posts:

  1. Louisville home sales for Januarry 2011
  2. Louisville Homes Sales tick up a notch! By Bob Sokoler, www.weselllouisville.com
  3. Louisville Home Sales…Up for May! By Bob Sokoler – The Medley Sokoler Team – www.WeSellLouisville.com
  4. Could Louisville Homes Sales be on the Increase? By Bob Sokoler, www.weselllouisville.com
  5. Louisville Home Sales slip again but there is some good news. By Bob Sokoler, www.weselllouisville.com

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