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…

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Homearama a Hit at Norton Commons

Here’s some evidence that the economy is turning — they’re packing them in at Homearama at Norton Commons, where 21 homes (16 already sold) are on display. The two-week showcase of homes in the East End has been host to hundreds of visitors since opening July 16. Last night was no exception, as a break in the heat seemed to bring out a big crowd, and there was a lot of waiting to go up and down stairs in every house. There’s nothing like Norton Commons — the architecture is meant to bring back memories of Louisville neighborhoods of the…