Louisville Housing Market Update July 2012
Louisville Home Sales have increased 13% through June 2012
2012 year-to-date home and condo sales in the Greater Louisville area are at 5884 units through June 30th which is 13% above the 5207 homes sold through the same period last year. Prices are also up 3.82% to an average sales price of $166,467 from $160,349 in 2011. June 2012 unit sales were up 6.5% over June 2011 sales.
The average sales price of $166,467 are now back to 2005 levels. Prices peaked in 2007 at an average sales price of $166,467.
Click here for the graph showing the trends since 2003. Many properties are selling in less than a week and getting multiple offers. All is a good sign our market is returning to a healthier state and looking good for the future.