Greater Louisville Association of REALTORS®
Residential Sales Statistics
Single Family Residential & Condo
Members of the Greater Louisville Association of Realtors® continued to be encouraged this Fall with November closed sales up over 15% compared to November 2011. The average price for November was up 8% compared to November 2011, and the year-to-date average and median prices were up about 3%. The average and median prices are now back to the levels of 2008 and 2007 respectively. In Jefferson County, the 2012 year-to-date average price ticked up slightly to $168k and the median price is just under $140k. The inventory of homes and condos currently for sale is basically the same as this time last year, with just under 4000 for sale in Jefferson County and 6500 total for sale in the Louisville multiple listing system. Record low interest rates continued to fuel purchases by owner-occupant buyers and investors in November.