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Business, Louisville, Real-Estate June 15, 2017

LouisvilleKY Area Home Sales Up with Continued Low Inventory

  Louisville, KY (June 15, 2017) – The Greater Louisville Association of Realtors® (“GLAR”) reported sales up 3.65% year-to-date (YTD) for 2017. Sales totaled 6,794 for the first five months of the year versus 6,555 last year. With the continued lower inventory, the average price YTD was up 7.99% and the median price was up 6.58%. In Jefferson County, the average price in May 2017 was $216,285 and the median was $176,002. For all MLS areas, the inventory of available properties was 17.09% lower than at the same time last year. In Jefferson County, the inventory of homes and condos…

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greater louisville association of realtors

Business, Louisville, Real-Estate March 15, 2017

LouisvilleKY Area Home Sales Down and Prices Up in February

Louisville, KY (March 15, 2017) – The Greater Louisville Association of Realtors® (GLAR) reported sales down 4.5% compared to February 2016. Sales totaled 1,054 this February versus 1,104 last year. Year-to-date (YTD) sales were down just 0.8%, coming off of a strong January. With the lower inventory, the average price YTD was up 8.1% and the median price was up 8.5%. In Jefferson County, the average price in February 2017 was $191,281 and the median was $155,000. For all MLS areas, the inventory of available properties was 21% lower than at the same time last year. In Jefferson County, the inventory of homes…