Tonight there is some encouraging news for Louisville homeowners. New Louisville home sales numbers for January 2011 show the number of homes going under contract up some 14% over January of 2010. Not impressed, oh but you should be. Remember we had a first time and a move up buyers tax credit in effect last year. Add to that January weather was terrible! I can personally tell you it’s no fun slipping and sliding into and out of driveways and walkways. So 14% is a respectable number for homes going under contract.
The rest of the news for Louisville homeowners was not quite as encouraging. The number of homes actually closing was down 6% and the median sales price of homes was down $5000 from the year before. But Hopefully those numbers are the result of a slower December 2010 for home sales.
Our Medley Sokoler Team has been busy this past month. More activity than we can remember for a January. The glass is half full and filling up.
January 2011
| Number of Houses Under ContractThis month: 895Last month: 711
This month last year: 0 |
Number of Houses Sold & ClosedThis month: 657Last month: 847
This month last year: 0 |
| Average Selling PriceThis month: $154,236Last month: $172,640
This month last year: $0 |
Average Days on MarketThis month: 93Last month: 86
This month last year: 0 |
Median Sales Price125,000 |
January 2010
| Number of Houses Under ContractThis month: 770Last month: 735
This month last year: 0 |
Number of Houses Sold & ClosedThis month: 700Last month: 972
This month last year: 0 |
| Average Selling PriceThis month: $156,021Last month: $150,486
This month last year: $0 |
Average Days on MarketThis month: 81Last month: 83
This month last year: 0 |
Median Sales Price130,000 |
Bob Sokoler is a former Anchor/Reporter turned Louisville Realtor 7 years ago in Louisville Kentucky. You can learn more about Bob, his Team and Louisville Real Estate at www.weselllouisville.com
