Home Sales Statistics forĀ Single Family Residential & CondoĀ from Greater Louisville Association of REALTORSĀ®
Members of the Greater Louisville Association of RealtorsĀ® continue to be encouraged with September closed home sales up 13 percent compared to September 2011. The year-to-date closing figure was also up 15 percent compared to January-September of last year.
The number of properties placed into a pending status on the Multiple Listing Service (MLS) during September 2012 was up 20 percent compared to the same month last year. Many of these September pending properties will show as sold in October. The average and median prices for September were up about 3 percent and 6 percent, respectively, compared to September 2011; and the year-to-date average and median prices remained up about 3-4 percent.
In Jefferson County the 2012 year-to-date average price remained at $167,000 and the median price is $138,000. The inventory of homes and condos currently for sale is about the same as this time last year, with about 4,400 for sale in Jefferson County and 7,200 total for sale in the Greater Louisville multiple listing system.
As in previous months, record low interest rates continue to fuel purchases by owner-occupant buyers and investors in September. These low rates (e.g. mid 3 percent for 30-year and high 2 percent for 15-year owner-occupant financing with good credit) will keep housing affordability at very favorable levels for the coming months.
|
All MLS Areas |
Sept. 2011 |
Sept. 2012 |
% Change |
Jan. 1 – Sept. 30, 2011 |
Jan. 1 -Sept. 30, 2012 |
% Change |
|||
| Houses Sold |
974 |
1,098 |
12.73% |
8361 |
9602 |
14.84% |
|||
| Averages Selling Price |
$163,408 |
$168,763 |
3.28% |
$164,303 |
$168,767 |
2.72% |
|||
| Median Selling Price |
$135,000 |
$143,500 |
6.30% |
$135,000 |
$140,000 |
3.70% |
|||
| # of Active Listings Placed into Pending Status During Sept. |
964 |
1157 |
20.02% |
||||||
| Active Listings at Sept. 30 |
7044 |
7211 |
2.37% |
||||||
|
Jefferson County |
Sept. 2011 |
Sept. 2012 |
% Change |
Jan. 1 – Sept. 30, 2011 |
Jan. 1 -Sept. 30, 2012 |
% Change |
|||
| Houses Sold |
675 |
782 |
15.85% |
5782 |
6798 |
17.57% |
|||
| Averages Selling Price |
$159,137 |
$167,036 |
4.96% |
$162,067 |
$167,362 |
3.27% |
|||
| Median Selling Price |
$127,000 |
$139,700 |
10.00% |
$131,000 |
$138,000 |
5.34% |
|||
| # of Active Listings Placed into Pending Status During Sept. |
676 |
803 |
18.79% |
||||||
| Active Listings at Sept. 30 |
4221 |
4379 |
3.74% |
||||||
|
Oldham County |
Sept. 2011 |
Sept. 2012 |
% Change |
Jan. 1 – Sept. 30, 2011 |
Jan. 1 -Sept. 30, 2012 |
% Change |
|||
| Houses Sold |
64 |
70 |
9.38% |
572 |
657 |
14.86% |
|||
| Averages Selling Price |
$279,242 |
$250,889 |
-10.15% |
$274,754 |
$261,766 |
-4.73% |
|||
| Median Selling Price |
$252,875 |
$211,000 |
-16.56% |
$242,250 |
$230,000 |
-5.06% |
|||
| # of Active Listings Placed into Pending Status During Sept. |
58 |
73 |
25.86% |
||||||
| Active Listings at Sept. 30 |
429 |
482 |
12.35% |
||||||
| Ā | |||||||||
|
Bullitt County |
Sept. 2011 |
Sept. 2012 |
% Change |
Jan. 1 – Sept. 30, 2011 |
Jan. 1 -Sept. 30, 2012 |
% Change |
|||
| Houses Sold |
65 |
75 |
15.38% |
560 |
641 |
14.46% |
|||
| Averages Selling Price |
$140,416 |
$150,985 |
7.53% |
$138,591 |
$141,550 |
2.14% |
|||
| Median Selling Price |
$135,000 |
$132,500 |
-1.85% |
$129,925 |
$130,000 |
0.06% |
|||
| # of Active Listings Placed into Pending Status During Sept. |
62 |
81 |
30.65% |
||||||
| Active Listings at Sept. 30 |
469 |
513 |
9.38% |
||||||
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