Louisville Real Estate Market Statistics [2017]
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Louisville Real Estate Market Statistics [2017]

Posted by Nathan Garrett on Friday, May 5th, 2017 at 3:30pm.

A quick look at the local Louisville housing market and the current average home price in Louisville KY. Numbers and statistics are gathered from our local Louisville MLS -- April 2017.

Louisville Real Estate Market-April 2017

Louisville Housing Market Report 2017

Based on the statistics gathered from the Greater Louisville MLS, compared to April 2016, 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 18.5% from last April. The percentage of list price and actual sold price has slightly decreased to 98.15%.

April 2017 Louisville Housing Statistics

  • Median Sale Price: $164,000 (Up +8.5% from April 2016)
  • List To Sale Price Ratio: 98.15% (Up +0.59% from April 2016)
  • Days on the Market: 38 Days (Down -32% from April 2016)
  • Total Sold Listings: 935

Data shows that the April 2016 Louisville housing market continues to stay in the Seller's favor. Homes on average, are selling within 38 days on market. We have seen a great increase in the home prices around the Louisville area. Right now is still a great time for a homeowner that is thinking about selling because of the continued lack of listings.

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 local real estate agent in Louisville KY. Manager and creator of the GarrettsRealty.com website. He specializes in Real Estate in Louisville and Oldham County. Questions about buying a home? Send him an email: ngarrett@garrettsrealty.com

 

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