Louisville Home Sales
By Bob Sokoler, www.weselllouisville.com
Finally some good news to report. Don’t start jumping up and down just yet…. but I am thrilled to report that the number of Louisville homes going under contract in November 2011 was actually up over the year before. Now granted we’re only talking about a 5% increase in homes going under contract but…. any good news in this economy needs to be paraded out on a float and cheered.
Much of the rest of the news is less than impressive. The number of homes that actually closed from November this year to last year dropped about 30%. Remember last year we had a tax rebate to 1st time buyers…bla…bla..bla. Yea I know you heard it before. Hey here’s some good news the median sales price for Louisville Real Estate went up $7,900 from the year before. Of course that’s also offset by interest rates going up in the past week to 4.65
The best news I can think of is that 2010 is coming to a close. It’s been a tough year for a lot of people. Many of us think 2011 will be a much better year for everyone. There’s a lot of pent up home buying frustration. People are starting to believe in our government again …well a little bit. Here’s hoping 2011 brings us more jobs and more home sales!
November 2010
| Number of Houses Under Contract
This month: 843 Last month: 947 This month last year: 0 |
Number of Houses Sold & Closed
This month: 772 Last month: 798 This month last year: 0 |
| Average Selling Price
This month: $178,336 Last month: $169,018 This month last year: $0 |
Average Days on Market
This month: 82 Last month: 90 This month last year: 0 |
Median Sales Price
139,900 |
November 2009
| Number of Houses Under Contract
This month: 802 Last month: 1232 This month last year: 0 |
Number of Houses Sold & Closed
This month: 1109 Last month: 1210 This month last year: 0 |
| Average Selling Price
This month: $158,273 Last month: $163,001 This month last year: $0 |
Average Days on Market
This month: 83 Last month: 84 This month last year: 0 |
Median Sales Price
132,000 |
We really hope you enjoy reading our blog as much as we enjoy writing it If you have any questions about Louisville Real Estate as a buyer or a seller please e-mail me directly at bob@bobsokoler.com , call me (502) 376-5483 or visit our websites www.weselllouisville.com or www.louisvillehomestoday.com