Louisville Home Sales Charts through October 2015

Post author:Tre Pryor
Post published:November 10, 2015
Post category:Louisville Market Watch

Welcome to our Louisville Home Sales Charts through October 2015. For most of the MLS areas, Louisville real estate saw positive growth in both sales and values. There were two exceptions, however.

South Oldham (#21) and Highlands (#2) didn’t show the same great numbers that were displayed in other parts of the city during the month.

But on the whole, numbers are moving in the right direction. 2015 looks to be near a record breaking year. After a strong 2014, we’re arriving close the high water mark of 2005 with our real estate totals.

Louisville Home Sales Charts (period ending October 2015)

One of only two monthly reports where the home sales total didn’t surpass last year’s mark. At least home prices are trending higher through October.

Great activity in number of homes sold for St. Matthews MLS area but it’s troubling to see the values continue to slide. This might be a market correction because there’s really no other strong explanation for it to be the case.

Our Okolona market report continues to impress with both metrics performing quite well. Median sales value is the highest it’s been, well… ever. This while home sales are strong after a slow start to the year.

The Jeffersontown area has had a very strong year so far with home values moving higher and sales keeping pace as well. Just barely edged the previous year in sales this October but looking at the Summer months, this value is perfectly in line with a bell curve.

The last three months have seen home prices steadily decline in our Middletown region. Sales have been solid, matching or beating the previous year throughout the year.

Very positive month for Prospect real estate in October with prices moving higher and sales hitting a home run! The 133 properties sold during October even surpassed August’s total.

October was a decent month for the North Oldham area. Sold home prices have dipped below the trend but sales were somewhat strong.

The biggest loser in October was South Oldham real estate. While prices had been rocketing upward, they fell back to earth. This while the number of sold homes fell sharply for the month.