So after Louisville home sales jumping 9% in October, November came back to Earth.
With just 675 home sale transactions for the month, it was a drop of 13.2% compared to last November and the worst performing month of the year.
For the year, that brings total home sales in Jefferson County to 9,203. We had 9,639 at the same point last year for a decrease of 4.5%.
Following are the stats for each month of the past two years.
Jefferson County Home Sales
2013 2014 Jan 589 540 Feb 581 579 Mar 757 709 Apr 920 815 May 1022 934 Jun 1009 1073 Jul 1060 1020 Aug 1128 1143 Sep 965 854 Oct 830 920 Nov 778 675
It’s a bit disappointing that 2014 didn’t have the sales volume of the previous year, especially with interest rates maintaining at historically low levels while most experts thought they’d rise. Even still, there was more activity than 2009-2012.
It’ll certainly be interesting to see how the next year opens, as Winter predictions call for a less biter cold than last year.
Compared to 2013-14, which was one of the coldest winters in recent memory in the Upper Midwest, this winter the chill looks to be more focused on the East Coast and Gulf Coast, according to the winter forecast prepared by WSI, which along with The Weather Channel is part of The Weather Company.
That’s it for now!