Louisville, KY Real Estate Market Update for May 2016

The Louisville, KY real estate market is still proving to be a great situation for home sellers. Buyer demand continues to increase through the end of spring with low inventory available.

Louisville, KY Real Estate Market Update for May 2016

View Louisville, KY homes for sale under $150,000.
View Louisville, KY homes for sale under $250,000.
View Louisville, KY homes for sale under $350,000.

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Homes sold from January through May this year showed an 11.53% increase compared to January through May in 2015 with growth from 5,818 homes sold in 2015 to 6,489 homes sold in 2016. When looking individual MLS areas, Jefferson County had an increase of 9% in homes sold from January through May in 2015 compared to January through May in 2016. Oldham County’s homes sold increased 16.81%, and Bullitt County increased 17.9%. These large increases demonstrate that Louisville is still a seller’s market. There are more buyers actively searching for the perfect home than there are homes available. This high demand for quality properties can boost the average selling price of the area as well.

How much is your home worth? It might be more than you think! Find out how much more here.

Louisville, KY Real Estate Market Update for May 2016

When comparing the month of May in 2015 to May of 2016, an overall increase of 5.02% in average selling prices can be seen. Jefferson County average selling price in May 2015 was $199,155; it rose 4.68% in May of 2016 to $208,469. Oldham County average selling prices saw an increase of 8.57%, and Bullitt County saw a 10.4% increase in selling prices. Again, increased prices can oftentimes be attributed to lower inventory. More competition between buyers usually results in more competitive prices.

You may also like: 4 Things to Consider When Pricing Your Home to Sell

If you are thinking about selling your home, now is the ideal time to do so. Active listings decreased 23.65% compared this time last year. The Louisville, KY real estate market is truly in need of your quality listing!

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Are you unsure of where to start? Contact Pam Ruckriegel with Louisville Real Estate Pros at Keller Williams Realty Louisville East, and she’ll get you moving in the right direction. She is the best Realtor for the job! 402-435-5524.

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2009 Properties
Page 1 of 168
$65,000
Subdivision: Chateau Bohne
2
Beds
2
Baths
1,057
Sq.Ft.
1974
Year Built
1
Days on Site
1551708
MLS
First floor condo, balcony overlooks pool and creek. assigned parking in the garage under the building.with elevator for easy access Laundry area off the kitchen. nice sized 2 bedroom and 2 full...
3
Beds
1
Baths
1,025
Sq.Ft.
1990
Year Built
1
Days on Site
1551709
MLS
Located around the corner from Blake Elementary School, this ALL BRICK 3-bedroom 1 bath home offers everything you have been looking for, at an affordable price! With fresh paint and carpets, it is...
Open 1/26
2223 Winston Ave Louisville, KY 40205
$529,000
Subdivision: Strathmoor
4
Beds
2F11/2
Baths
3,044
Sq.Ft.
1926
Year Built
1
Days on Site
1551710
MLS
Welcome to this wonderful 3 story brick home in Strathmoor Village / Upper HIGHLANDS. This 4 bedroom, 2.5 baths will sell quickly with a hard to find 4th bedroom a true Master Suite. Remodeled...
$97,500
Subdivision: Carolina Crossing
2
Beds
1F11/2
Baths
934
Sq.Ft.
2002
Year Built
1
Days on Site
1551711
MLS
Such a great townhouse! Spacious rooms. 1st floor laundry with laundry shoot upstairs. You have a choice of sitting on the awesome screen in deck or the front covered porch. This gem boast 2...
$119,000
Subdivision: Woodfield Commons
3
Beds
2
Baths
1,118
Sq.Ft.
1999
Year Built
1
Days on Site
1551712
MLS
Located across the street from Blake Elementary School, this ALL BRICK 3-bedroom 2 bath home offers everything you have been looking for, at an affordable price! With fresh paint and carpets, it is...
$349,900
Subdivision: Pavilion Park
4
Beds
3F11/2
Baths
3,941
Sq.Ft.
2008
Year Built
1
Days on Site
1551715
MLS
Beautiful Home with 4 Bedrooms 3.5 Baths, Gorgeous inlay wood floors, Built-in's in the Great room, Large Master Suite, 2 Laundry Rooms (One on Main Level, second in the basement), Granite counters...
$260,000
Subdivision: Schnitzelburg
3
Beds
2F11/2
Baths
1,409
Sq.Ft.
2019
Year Built
1
Days on Site
1551716
MLS
Welcome home to this new construction in the highly sought after Schnitzelburg neighborhood! This beauty sits on a corner lot and boasts a gorgeous open floor plan, 3 bedrooms and 2 1/2 baths....
$239,900
Subdivision: Oakhurst
3
Beds
2
Baths
1,724
Sq.Ft.
1997
Year Built
1
Days on Site
1551718
MLS
Beautifully refinished home in the east end that has it all. Open home concept with original hardwood floors that have been refinished. Nice family room with a cozy fireplace, lights of natural...
Open 1/26
1018 Highland Ave Louisville, KY 40204
3
Beds
1
Baths
1,499
Sq.Ft.
1910
Year Built
1
Days on Site
1551720
MLS
First showing 1/26/2020 1-3 open house This little Germantown gem is priced to move. All you need is a little touch of your own. Super poetential as the home next door just sold for 199K. Walk to...
$189,000
Subdivision: Winding Brook
3
Beds
2
Baths
1,320
Sq.Ft.
2000
Year Built
1
Days on Site
1551722
MLS
Move right in to this brick 3BR/2ba ranch on a quiet cul-de-sac in peaceful Winding Brook. Most private, tucked away lot in the neighborhood! New neutral paint, flooring, & blinds throughout the...
$69,900
Subdivision: Parkland
2
Beds
1
Baths
982
Sq.Ft.
1947
Year Built
1
Days on Site
1551724
MLS
Same owner for almost 20 years! This home has been well cared for with additional finished rooms in the basement. Updates include roof, siding, windows, furnace and water heater to name a few. Don't...
$89,900
Subdivision: Parkview Estates
3
Beds
1
Baths
950
Sq.Ft.
1966
Year Built
1
Days on Site
1551725
MLS
A MUST SEE if your looking in this neighborhood. Owner has made recent updates that include new flooring. Home is being sold AS-IS

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