So it’s official. The Louisville home sales comparison numbers are in for August. There were 1,018 properties sold during August 2014. This number comes up short compared to last August when 1,128 homes were sold. This is a decline of 9.8%.
Here are all the comparison numbers for the first eight months of the year.
Louisville home sales comparison
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 1018
Other than in June, each month trailed the previous year, some quite significantly. Even still, it’s a better real estate market than where we were during 2009-11.
As we head into the Fall and then Winter months, sales will continue to decline. Home prices are also starting their seasonal retreat as some Louisville homeowners start to plan for next year’s selling season.