Home » April home sales in Louisville up 23 percent from a year ago

April home sales in Louisville up 23 percent from a year ago

GLAR logoThe Greater Louisville Association of Realtors® (GLAR) released April 2013 statistics which showed a 23 percent increase in the number of homes sold in April 2013 (1,300) versus April 2012 (1,054) and a 41 percent increase compared to April 2011 (921).

Home sales prices are relatively stable, with the year-to-date figures up 1-2 percent compared to last year and the monthly averages down slightly due to the mix of homes sold. Inventory levels are about the same as a year ago, but members are reporting an increase in sales where multiple offers are received.

“Properties that are priced competitively and are also move-in ready are selling in less than 30 days,” GLAR President Paul Ogden said. “Homes that are not as attractively priced and staged are typically on the market for 3-6 months or more.”

 

All MLS Areas

April 2012

April 2013

% Change

Jan. 1 – April 30, 2012

Jan. 1 – April 30, 2013

% Change

Houses Sold

1,054

1,300

23.34%

3,474

4,039

16.26%

Averages Selling Price

$169,568

$162,613

-4.10%

$161,522

$163,906

1.48%

Median Selling Price

$138,000

$135,000

-2.17%

$133,246

$135,000

1.32%

# of Active Listings Placed into Pending Status During April

1,273

1,615

26.87%

Active Listings at April 30

6,343

6,354

0.17%

Jefferson County

April 2012

April 2013

% Change

Jan. 1 – April 30, 2012

Jan. 1 – April 30, 2013

% Change

Houses Sold

752

914

21.54%

2432

2833

16.49%

Averages Selling Price

$168,936

$163,002

-3.51%

$159,826

$163,178

2.10%

Median Selling Price

$135,250

$134,950

-0.22%

$130,000

$133,000

2.31%

# of Active Listings Placed into Pending Status During April

905

1,150

27.07%

Active Listings at April 30

3,756

3,792

0.96%

Oldham County

April 2012

April 2013

% Change

Jan. 1 – April 30, 2012

Jan. 1 – April 30, 2013

% Change

Houses Sold

77

72

-6.49%

231

247

6.93%

Averages Selling Price

$269,317

$282,540

4.91%

$250,578

$256,743

2.46%

Median Selling Price

$239,768

$217,325

-9.36%

$225,000

$219,650

-2.38%

# of Active Listings Placed into Pending Status During April

107

106

-0.93%

Active Listings at April 30

371

399

7.55%

 

Bullitt County

April 2012

April 2013

% Change

Jan. 1 – April 30, 2012

Jan. 1 – April 30, 2013

% Change

Houses Sold

71

78

9.86%

253

277

9.49%

Averages Selling Price

$133,026

$145,764

9.58%

$133,240

$145,279

9.04%

Median Selling Price

$125,000

$128,000

2.40%

$127,000

$131,500

3.54%

# of Active Listings Placed into Pending Status During April

82

108

31.71%

Active Listings at April 30

472

425

-9.96%