While we still have some ground to make up, after a mildly successful July there’s still a chance that 2011 can catch 2010. There are not enough positive factors to indicate a real estate turnaround but we need to appreciate good news when it arrives.
See below for specific data for each of our monthly MLS areas. Also visit, the Jefferson County report for July over on InsiderLouisville.com for all of the county MLS areas combined.
Note: Below you’ll find our monthly reports for the following Louisville housing markets. These charts display Louisville home sales and Louisville median home values with a trend-line. You may view this Louisville real estate area map to see the MLS areas.
Monthly Reports: Period Ending July 2011
After a horrendous June, July was able to bounce back and almost tie last year’s July in number of real estate transactions. Home prices in Area 6 are up for the second straight month, which for the first time in a year brought the trend-line higher.
Fairly good month for Area 8 with home sales just shy of last year’s mark and property values moving upward. Not sure if February was an anomoly or what, but overall home prices are up over this time last year.
That’s it for this month! Please check back next month for more Louisville home sales charts.