I’ve got another post on deck, but before we look forward I wanted to highlight some data I just found about Louisville’s 3rd Quarter of 2009 in real estate.
The first table shows total units for Greater Louisville, Region 3 of Kentucky.
# SOLD 3Q 2009 | # SOLD 3Q 2008 | # SOLD % |
3,519 | 2,993 | 17.57% |
As you can see, that’s a pretty big jump; higher than many projected. Which brings us to the second table. Why was the increase that large? Probably because prices dropped so much.
Median Price 3Q 2009 | Median Price 3Q 2008 | Median Price % |
$136,800 | $140,000 | -2.29% |
Based on information from local REALTOR associations/MLSs for the periods of July 1 – September 30, 2008 and 2009.
It’ll be interesting to see what prices did over the entire year. Be sure to check back and I promise to keep throwing more Louisville real estate statistics your way.