Greater Louisville Association of Realtors

greater louisville association of realtors

LouisvilleKY Area Home Sales Up 2% in 2017 with Median Price Up 5%

Louisville, KY – The Greater Louisville Association of Realtors® (GLAR) reported sales up 2.09% in 2017 compared to 2016.  The average price was up 5.69% and the median price was up 5.03%. In Jefferson County, the average price in 2017 was $207,127 and the median was $168,900. For all MLS areas, the inventory of available properties was 13.86% lower than at the same time last year. In Jefferson County, the inventory of homes and condos for sale was 11.17% lower than December 2016. GLAR releases monthly statistics mid-month to allow for the most accurate and comprehensive reporting possible. Local REALTORS report…


greater louisville association of realtors

Low Supply and Price Growth Keep First-Time LouisvilleKY Home Buyers on the Sidelines  

  Louisville, KY (November 28, 2017) – The National Association of Realtors 2017 Profile of Home Buyers and Sellers shows that a continued drought in housing supply has led to price growth, keeping many first-time home buyers out of the market even when the economy has experienced steady job gains and mortgage rates are at record lows. With the rise in home prices and inventory shortages, the lower end of the market is witnessing the worst of the supply crunch. Despite strong interest in owning a home, local Realtors® are also seeing that Louisville’s low inventory is leaving first-time buyers hesitant to enter the market….


greater louisville association of realtors

LouisvilleKY Area Home Sales Up

Louisville, KY (November 15, 2017) – The Greater Louisville Association of Realtors® (GLAR) reported sales up 2.34% year-to-date (YTD) for 2017. Sales in October were 1,445 versus 1,545 last October representing a 6.47% decrease. The average price YTD was up 5.02% and the median price was up 5.06%. In Jefferson County, the average price in October 2017 was $196,908 and the median was $163,000. For all MLS areas, the inventory of available properties was 9.59% lower than at the same time last year. In Jefferson County, the inventory of homes and condos for sale was 7.72% lower than October 2016. Inventory…


greater louisville association of realtors

LouisvilleKY Area Home Sales Up 2.9% Year-To-Date and Average Price Up 5.4%

    Louisville, KY – The Greater Louisville Association of Realtors (GLAR) reported sales up 2.86% year-to-date (YTD) for 2017. Sales in September 2017 were 1,565 versus 1,671 last September. The average price YTD was up 5.39% and the median price was up 5.46%. In Jefferson County, the average price in September 2017 was $210,741 and the median was $171,900. For all MLS areas, the inventory of available properties was 10.54% lower than at the same time last year. In Jefferson County, the inventory of homes and condos for sale was 7.79% lower than September 2016. Inventory in Oldham and Bullitt…


greater louisville association of realtors

LouisvilleKY Area Home Sales up 3.6% and Average Price up 5.9% with Improving Inventory

  Louisville, KY  – The Greater Louisville Association of Realtors® (GLAR) reported sales up 3.63% year-to-date (YTD) for 2017. Sales in August were 1,811 versus 1,686 last August representing a 7.41% increase. The average price YTD was up 5.89% and the median price was up 5.23%. In Jefferson County, the average price in August 2017 was $204,575 and the median was $170,000. For all MLS areas, the inventory of available properties was 14.15% lower than at the same time last year. In Jefferson County, the inventory of homes and condos for sale was 11.01% lower than August 2016. Inventory in Oldham…


greater louisville association of realtors

LouisvilleKY Area Home Sales Up 2.6% and Average Price Up 6.4% with Continued Low Inventory

  Louisville, KY (August 17, 2017) – The Greater Louisville Association of Realtors® (GLAR) reported sales up 2.63% year-to-date (YTD) for 2017. Sales in July were 1,679 versus 1,670 last July representing a modest 0.54% increase. With the continued lower inventory, the average price YTD was up 6.39% and the median price was up 6.88%. In Jefferson County, the average price in July 2017 was $214,532 and the median was $177,000. For all MLS areas, the inventory of available properties was 15.42% lower than at the same time last year. In Jefferson County, the inventory of homes and condos for sale was…


greater louisville association of realtors

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…


greater louisville association of realtors

LouisvilleKY Area Home Sales Up 1.8% and Median Price Up 8% with Continued Low Inventory

Louisville, KY (May 15, 2017) – The Greater Louisville Association of Realtors® (GLAR) reported sales up 1.84% year-to-date (YTD) for 2017. Sales totaled 5,028 for the first four months of the year versus 4,937 last year. With the continued lower inventory, the average price YTD was up 8.68% and the median price was up 8.0%. In Jefferson County, the average price in April 2017 was $199,947 and the median was $165,000. For all MLS areas, the inventory of available properties was 20.32% lower than at the same time last year. In Jefferson County, the inventory of homes and condos for…


greater louisville association of realtors

LouisvilleKY Area Home Sales and Median Price Up with Continued Low Inventory

  Louisville, KY April 13, 2017) – The Greater Louisville Association of Realtors® (GLAR) reported sales up 4.67% year-to-date (YTD) for 2017. Sales totaled 3,608 for the first quarter versus 3,447 last year. With the continued lower inventory, the average price YTD was up 8.62% and the median price was up 6.55%. In Jefferson County, the average price in March 2017 was $193,172 and the median was $155,000. For all MLS areas, the inventory of available properties was 19.14% lower than at the same time last year. In Jefferson County, the inventory of homes and condos for sale was also 21.52% lower…


greater louisville association of realtors

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…