Louisville Monthly Market Update – Single Family Homes

City of Louisville Single Family Homes (Detached)

Information provided by IRES and Metrolist Information Services.

YTD Comparison:

LOUISVILLE SINGLE FAMILY HOMES 2018 YTD 2019 % Change
Total Units Sold 192 6 Insufficient YTD Data
Average Sales Price $750,140 $636,985 Insufficient YTD Data
Median Sales Price $669,500 $625,205 Insufficient YTD Data
Average Days to Contract 27 42 Insufficient YTD Data

 

 

(Single Family Homes – % Under Contract)

SINGLE FAMILY HOMES Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’ Nov

18’

Dec 18’ Jan 19’
UNDER $750K 64% 50% 68% 58% 58% 43% 57% 40% 58% 42% 43% 47% 64%
$750K+ 27% 60% 73% 56% 41% 48% 21% 31% 41% 20% 50% 40% 50%
OVERALL % U/C 45% 60% 70% 59% 51% 45% 44% 39% 50% 37% 45% 45% 59%

 

(Single Family Homes – Inventory)

SINGLE FAMILY HOMES Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’ Nov

18’

Dec 18’ Jan 19’
  22 25 37 46 49 51 48 43 42 41 22 20 34

 

(Single Family Homes – # Sold)

SINGLE FAMILY HOMES Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’ Nov

18’

Dec 18’ Jan 19’
  6 8 12 19 24 24 15 22 14 15 15 9 6

 

(Single Family Homes – Absorption Rate in Months) Based off 6-month sales average

SINGLE FAMILY HOMES Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’ Nov

18’

Dec 18’ Jan 19’
  2 1.97 3.12 1.52 3.42 3.29 2.82 2.22 2.13 2.15 1.25 1.6 2.51