Posts Tagged ‘louisville ky homes for sale’

Louisville’s Real Estate Market Update

Monday, August 18th, 2008

I feel I talk myself “blue in the face” to anyone that I encounter regarding our local real estate market. On this subject it seems most people listen to the national media to get their opinion. Real estate market info is local so to get the most accurate information you should contact your Realtor or local Board of Realtors for the current statistics for your neighborhood.


How ecstatic I was to read a positive article in all places but our very own Courier- Journal. It was on the front page of the Forum and written by Paul Coomes (economics professor at U of L), John Burgard (economics major at the U of L), and David Heintzman (chairman of Stock Yards Bank and Trust). The article speaks for itself. Here is the link if you are at all interested in our market and the basic truth told by someone other than a home builder, realtor, or mortgage broker: Click Here


Also I’ve attached a map of Louisville that shows the increase/decrease of median home values in specified areas. There were only 5 areas with increases for this year and those are:

  • Biggest Gain goes to Area 20 (Oldham County North of I71 which includes Prospect, Goshen) at 4.6
  • Area 9 (Jefferson Co Prospect, Anchorage, Lyndon, Upper River Road) at 3.5%
  • Area 3 (Jefferson Co St. Matthews, Crescent Hill, Brownsboro Road) at 2.4%
  • Area 7 (Jefferson Co Fern Creek, Highview, Okolona,Beuchel) at .8%
  • Floyd County, Indiana at .5%

Have a great day and spread our market’s good news…it benefits all home owners and buyers.

Stephanie