March 29, 2017

Louisville Homes Sales tick up a notch! By Bob Sokoler, www.weselllouisville.com

Louisville Home Sales

By Bob Sokoler, www.weselllouisville.com

Finally some good news to report. Don’t start jumping up and down just yet…. but I am thrilled to report that the number of Louisville homes going under contract in November 2011 was actually up over the year before. Now granted we’re only talking about a 5% increase in homes going under contract but…. any good news in this economy needs to be paraded out on a float and cheered.

Much of the rest of the news is less than impressive. The number of homes that actually closed from November this year to last year dropped about 30%. Remember last year we had a tax rebate to 1st time buyers…bla…bla..bla. Yea I know you heard it before. Hey here’s some good news the median sales price for Louisville Real Estate went up $7,900 from the year before. Of course that’s also offset by interest rates going up in the past week to 4.65

The best news I can think of is that 2010 is coming to a close. It’s been a tough year for a lot of people. Many of us think 2011 will be a much better year for everyone. There’s a lot of pent up home buying frustration. People are starting to believe in our government again …well a little bit. Here’s hoping 2011 brings us more jobs and more home sales!

November 2010

Number of Houses Under Contract

This month: 843

Last month: 947

This month last year: 0

Number of Houses Sold & Closed

This month: 772

Last month: 798

This month last year: 0

Average Selling Price

This month: $178,336

Last month: $169,018

This month last year: $0

Average Days on Market

This month: 82

Last month: 90

This month last year: 0

Median Sales Price

139,900

November 2009

Number of Houses Under Contract

This month: 802

Last month: 1232

This month last year: 0

Number of Houses Sold & Closed

This month: 1109

Last month: 1210

This month last year: 0

Average Selling Price

This month: $158,273

Last month: $163,001

This month last year: $0

Average Days on Market

This month: 83

Last month: 84

This month last year: 0

Median Sales Price

132,000

We really hope you enjoy reading our blog as much as we enjoy writing it If you have any questions about Louisville Real Estate as a buyer or a seller please e-mail me directly at bob@bobsokoler.com , call me (502) 376-5483 or visit our websites www.weselllouisville.com or www.louisvillehomestoday.com

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