Louisville Market Watch

Louisville Home Sales Charts through September 2015

Map of Louisville MLS Areas

Welcome to our Louisville Home Sales Charts through September 2015. We thought sales were slowing but September said, “Hold on just one moment!”

Typically sales and home values start to decline heading out of the Summer selling season but as you will see, in several of our Louisville real estate areas (#7 and #21), this is definitely not the case. If you’re interested in what Jefferson County did as a whole, head over and read Home sales surge in September as inventory remains shallow that I wrote for InsiderLouisville.

Louisville Home Sales Charts (period ending September 2015)

Charts of Louisville home sales and Louisville home prices for Highlands MLS area 2 for the 12 month period ending September 2015.
The number of homes sold in The Highlands area of Louisville real estate just barely beat last September but the values, well… they just keep moving up. Check out that trend!

Charts of Louisville home sales and Louisville home prices for St. Matthews MLS area 3 for the 12 month period ending September 2015.
Our St. Matthews area didn’t perform as well as it had been. It appears that we’re having a bit of a market correction when it comes to values here that may have overrun in previous years. The trend is down half a point from this time last year.

Charts of Louisville home sales and Louisville home prices for Okolona MLS area 6 for the 12 month period ending September 2015.
Home sales in Area 6 refuse to believe that Summer is over with a large number of properties sold in Okolona. Prices are following season trends more typically.

Charts of Louisville home sales and Louisville home prices for Jeffersontown MLS area 7 for the 12 month period ending September 2015.
Jeffersontown is the real estate rock star of these Louisville real estate reports. Home sale prices in the area are moving much higher, this while sales activity is trouncing the previous year. Can you say “Win-win”?

Charts of Louisville home sales and Louisville home prices for Middletown MLS area 8 for the 12 month period ending September 2015.
Now the 7th straight month where home sales beat the previous year for our Middletown real estate area. Prices are below the trend but up from last month.

Charts of Louisville home sales and Louisville home prices for Prospect MLS area 9 for the 12 month period ending September 2015.
After a massive spike in home sale prices for Prospect real estate, our median value came back to Earth. This sharp decline is impactful but we need another month or two to see how it affects our trend. Sales matched the previous year.

Charts of Louisville home sales and Louisville home prices for North Oldham County MLS area 20 for the 12 month period ending September 2015.
Sales activity in North Oldham real estate last month merely matches the previous year but did improve over August. Values of sold property are right on spot with the 12-month trailing average.

Charts of Louisville home sales and Louisville home prices for South Oldham County MLS area 21 for the 12 month period ending September 2015.
While North Oldham is moving along horizontally, the South Oldham real estate area is going a bit crazy with both metrics performing well. The trend-line value last September was $226,547. It’s currently $243,601. That’s some massive growth.

Other Louisville home sales charts by the remaining MLS areas are updated each quarter. The following were completed through Q3 of 2015.

About the author

Tre Pryor, Editor-in-Chief

Tre Pryor is the recognized expert Louisville Realtor who can:
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