Louisville Market Watch Residential

July Louisville Home Sales Quite Strong

July Louisville home sales just surpassed the previous year. And we all thought sales would be down after 2016’s record total. So much for our expert projections, right?

July Louisville Home Sales

2017 is taking a back seat to no year!

During July 2016, there were 1,165 homes sold in Louisville. Not the highest July ever recorded but quite good. Now in 2017, our July home sale total was 1,175 which narrowly surpassed last year’s total. Good enough for a whopping .086% increase. In case you didn’t know, that was sarcasm right there.

So where do we stand year-to-date in 2017? Could it be possible to create a new record this year, even with housing inventory at pitifully low levels? Anything is possible!

From January through July, the 2016 tally was 7,002. That number was the highest on record for that time span. This year, we’re sitting proudly at 7,127! (Get ready for more sarcasm.) That’s a massive 1.79% lead over last year. Well, it’s a lead anyway. It’s also good news for the Louisville real estate market that shouldn’t be performing as well as it is.

Sellers who are on the fence should seriously consider a sale this year, especially if you are planning to downsize.

About the author

Tre Pryor, Editor-in-Chief

Tre Pryor is the recognized expert Louisville Realtor who can:
  • List and sell your current home in Louisville,
  • Help you purchase your next Louisville home, or
  • Guide you in your relocation to Louisville, Kentucky
» Contact Tre now!