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recent news posts

Wednesday, February 22, 2017

Louisville's Housing Shortage - Good Time To List!

The Greater Louisville Housing Market is suffering from a shortage of homes for sale.  As a result the average January list price is up over 14 % over January 2016.  The average sale price also rose 4.31% in January 2017 to $196,187.  The average days on market has dropped from 92 in January 2016 to 74 in January 2017.  The number of active listings is down to 3,878 as opposed to 4,826 in January of 2016.  It is a good time for sellers who are contemplating selling in the next year to get their oar in the water.  Read More

Tuesday, November 17, 2015

It's that time of year!

It’s that time of year when we start counting our blessings and begin planning for the year ahead.  Thanks to our faithful customers and clients 2015 is going to be a banner year, both for me personally and for Rainey, Jones & Shaw.  Once again this year we will be giving a portion of our profits to our favorite charities in the name of our buyers and sellers.  In the coming year we will be strengthened by our new partnership with Leverage Global Partners, an international real estate referral network that also offers state of the art social networking and marketing resources as well as broad national and ...  Read More

Market Statistics on Louisville KY Homes for Sale 

Below find statistics on homes for sale in Louisville, KY and on neighborhoods and communities in the Louisville area, updated every day from the Louisville KY MLS.  These market statistics include information on average sale price, average days on market, average price reduction, and more.  

And we'd be happy to provide you with more detailed information about any neighborhood or community, including a list of recent solds in that area. If you have questions, just let us know -- we're here to help! 

5.23.17: Anchorage Trends

Market Snapshot

Total Properties Listed: 33

Month-Over-Month Change: 32.00%

Average Days On Market: 64

Residential Median List Price: $825,000

Land Median List Price: $399,000

Typical Property

Single-Family Home: 4.66 Bedrooms
4.59 Baths
Avg List Price: $838,303
Avg Price per SqFt: $157.83/SqFt
Avg Price Reduction: -1.00%

Average Price by Bedrooms

1 Bedroom: No Listings
2 Bedrooms: No Listings
3 Bedrooms: $493,750
4 Bedrooms: $714,483
5 Bedrooms: $945,714
View Current Listings

5.23.17: Cherokee Triangle Trends

Market Snapshot

Total Properties Listed: 14

Average Days On Market: 53

Residential Median List Price: $514,950

Month-Over-Month Change: 14.69%

Typical Property

Single-Family Home: 3.54 Bedrooms
2.54 Baths
Avg List Price: $479,750
Avg Price per SqFt: $178.57/SqFt
Avg Price Reduction: -2.00%

Average Price by Bedrooms

1 Bedroom: No Listings
2 Bedrooms: $615,000
3 Bedrooms: $419,520
4 Bedrooms: $525,580
5 Bedrooms: No Listings
View Current Listings

5.23.17: Highlands Trends

Market Snapshot

Total Properties Listed: 59

Month-Over-Month Change: 13.46%

Average Days On Market: 47

Residential Median List Price: $340,000

Month-Over-Month Change: -2.84%

Land Median List Price: $169,950

Typical Property

Single-Family Home: 3.11 Bedrooms
2.57 Baths
Avg List Price: $358,533
Avg Price per SqFt: $157.78/SqFt
Avg Price Reduction: -2.00%

Average Price by Bedrooms

1 Bedroom: No Listings
2 Bedrooms: $265,261
3 Bedrooms: $330,952
4 Bedrooms: $376,213
5 Bedrooms: $752,780
View Current Listings

5.23.17: Indian Hills Trends

Market Snapshot

Total Properties Listed: 32

Month-Over-Month Change: 6.67%

Average Days On Market: 73

Residential Median List Price: $594,000

Month-Over-Month Change: 2.59%

Land Median List Price: $162,500

Typical Property

Single-Family Home: 4.17 Bedrooms
4.00 Baths
Avg List Price: $757,713
Avg Price per SqFt: $177.33/SqFt
Avg Price Reduction: -2.00%

Average Price by Bedrooms

1 Bedroom: No Listings
2 Bedrooms: No Listings
3 Bedrooms: $354,883
4 Bedrooms: $714,433
5 Bedrooms: $739,429
View Current Listings

5.23.17: Glenview Trends

Market Snapshot

Total Properties Listed: 10

Month-Over-Month Change: -16.67%

Average Days On Market: 78

Residential Median List Price: $1,650,000

Month-Over-Month Change: 127.59%

Typical Property

Single-Family Home: 4.80 Bedrooms
5.80 Baths
Avg List Price: $1,457,743
Avg Price per SqFt: $179.59/SqFt
Avg Price Reduction: -1.00%

Average Price by Bedrooms

1 Bedroom: No Listings
2 Bedrooms: No Listings
3 Bedrooms: No Listings
4 Bedrooms: $1,286,225
5 Bedrooms: $1,052,450
View Current Listings

5.23.17: Crescent Hill Trends

Market Snapshot

Total Properties Listed: 11

Month-Over-Month Change: -42.11%

Average Days On Market: 39

Residential Median List Price: $367,500

Month-Over-Month Change: 14.86%

Typical Property

Single-Family Home: 3.18 Bedrooms
2.55 Baths
Avg List Price: $350,663
Avg Price per SqFt: $146.20/SqFt
Avg Price Reduction: -2.00%

Average Price by Bedrooms

1 Bedroom: No Listings
2 Bedrooms: $137,900
3 Bedrooms: $397,760
4 Bedrooms: $432,225
5 Bedrooms: No Listings
View Current Listings