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.

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