Louisville Housing Market Reports for January 2011

Area 9 is one of the few areas looking to improve upon these past few years. As you can see in this chart, home prices are trending upward and sales are ahead of 2010.

Looking at the start of 2011, there isn’t a lot to write home about. A few areas are up, but not as many as one would hope. Harsh winter weather is sure to account for some lack of traction. I expect this Spring to be better in terms of transactions and likely home values as well.

Note: Below you’ll find our monthly/quarterly reports for the following Louisville housing markets. These charts display Louisville home sales and Louisville median home values with a trend line. Each chart relates directly to an “area” as defined by the Louisville MLS.

Monthly Reports: Period Ending January 2011