Welcome to our new and improved Downtown Louisville Homes Report! In this report, we cover the average home sales price and the number of homes sold in Downtown Louisville and surrounding areas. Previously, I used median sale price (which is better for math reasons) but switched to average sale price because that’s a value more people are familiar with.
This Downtown Louisville Homes Report covers all the homes located within the area defined by the Louisville Association of Realtors (GLAR) as Louisville MLS Area 0 (see the map). I include the following Louisville neighborhoods and condo buildings:
- Central Downtown District
- Falls City Lofts
- Fleur De Lis
- Mercantile Lofts
- Nulu Lofts
- Old Louisville
- Paristown Pointe
- Phoenix Hill
- Shelby Park
- Southern Baptist Seminary
- The Levy
- Waterfront Park Place
Other neighborhoods and subdivisions besides those listed are also included. Check out Best Louisville Neighborhoods for more information about the nicest neighborhoods in the greater Louisville, Kentucky area.
Downtown Louisville Homes Report
Now let’s look at the average home sales price and the number of homes sold in Downtown Louisville and surrounding areas within Louisville, Kentucky.
It’s important to note a few things.
- The sample size varies greatly by the MLS area. Area 0 is quite small and may only have a handful of properties sold in a given month. Area 7 is Louisville’s largest MLS area. Look at each chart’s scale to get a better feel for the area’s size.
- The 1-year trend-line gauges where home values are going. This is superior to simply looking at the monthly totals. We average the previous 12 months of the average sale prices to arrive at this value.
This Downtown Louisville Homes Report is just one of the many housing reports I publish here. Having access to this accurate, current information gives you control. This helps you make the best possible decision in your home-buying transaction. If you have any questions, please contact Tre Pryor as I would love to work with you on achieving your real estate goals.
Would you like to use one of our graphics? There are two conditions. First, do not modify the graphic. Second, cite Tre Pryor as the author by providing a link back to this website.