A quick look at the local Louisville housing market and the current average home price in Louisville KY. Numbers and statistics are gathered from the Louisville MLS -- December 2016.
Louisville Housing Market Report
Based on the statistics gathered from the Greater Louisville MLS, compared to December 2015, the data shows homes continue to sell faster compared to the previous year. Inventory continues to lag behind the buyer's demand. Median sale price for Louisville real estate has increased by 0.87% from last December. The percentage of list price and actual sold price has increased to 97.78%.
Data shows that the December 2016 Louisville housing market continues to stay in the sellers favor. Homes on average, are selling within 42 days on market. This number is slightly down 2.86 percent from this time last year. Still a great time for a homeowner thinking about selling!
These numbers are from the Local MLS: Area of 00-Central Downtown District/Old Louisville, 01-Dtwn Old Louisville/Shively/West Lou, 02-Buchertwn/Hghlnds/Germantwn, 03-Clifton/Crescent Hill/St Matthews, 04-Pleasure Rdg/Valley Station/Shively, 05-Auburndale/Fairdale/IroquoisPrk/Shively, 06-Buchel/Hghvw/okolona/FernCreek, 07-FernCreek/Hikes Point/Jeffersontown, 08-DglasHls/Hurstbrn/Mdltwn/Anchrg/StMatt, 09-Anchrg/Glnvw/Lyndn/Prospct
Nathan Garrett is a Licensed REALTOR in Louisville Kentucky. Manager and creator of the GarrettsRealty.com website. Specializing in Real Estate in the east end of Louisville and Oldham County. Questions about Real Estate? Give Him a Call!