GreaterLouisvilleAssociationofREALTORS

ResidentialSalesStatistics
SingleFamilyResidential&Condo

MembersoftheGreaterLouisvilleAssociationofRealtorscontinuetobeencouragedwithSeptember
closedsalesup13%comparedtoSeptember2011.Theyeartodateclosingfigurewasalsoup15%
comparedtoJanuarySeptemberoflastyear.Thenumberofpropertiesplacedintoapendingstatusonthe
MultipleListingService(MLS)duringSeptember2012wasup20%comparedtothesamemonthlastyear.
ManyoftheseSeptemberpendingpropertieswillshowassoldinOctober.Theaverageandmedianpricesfor
Septemberwereupabout3%and6%,respectively,comparedtoSeptember2011;andtheyeartodate
averageandmedianpricesremainedupabout34%.

InJeffersonCountythe2012yeartodateaveragepriceremainedat$167kandthemedianpriceis$138k.
Theinventoryofhomesandcondoscurrentlyforsaleisaboutthesameasthistimelastyear,withabout
4400forsaleinJeffersonCountyand7200totalforsaleintheGreaterLouisvillemultiplelistingsystem.

Asinpreviousmonths,recordlowinterestratescontinuetofuelpurchasesbyowneroccupantbuyersand
investorsinSeptember.Theselowrates(e.g.mid3%for30yrandhigh2%for15yrowneroccupant
financingwithgoodcredit)willkeephousingaffordabilityatveryfavorablelevelsforthecomingmonths.

Sept.
2011

All MLS Areas

Sept.
2012

Jan.1
Sept.30,
2011

%
Change

Jan.1Sept.
30,2012

%
Change

Houses Sold

974

1,098

12.73%

8361

9602

14.84%

Averages Selling Price

$163,408

$168,763

3.28%

$164,303

$168,767

2.72%

Median Selling Price

$135,000

$143,500

6.30%

$135,000

$140,000

3.70%

964

1157

20.02%

7044

7211

2.37%

# of Active Listings Placed into Pending Status During Sept.

Active Listings at Sept. 30

Sept.
2011

Jefferson County

Sept.
2012

Jan.1
Sept.30,
2011

%
Change

Jan.1Sept.
30,2012

%
Change

Houses Sold

675

782

15.85%

5782

6798

17.57%

Averages Selling Price

$159,137

$167,036

4.96%

$162,067

$167,362

3.27%

Median Selling Price

$127,000

$139,700

10.00%

$131,000

$138,000

5.34%

676

803

18.79%

4221

4379

3.74%

# of Active Listings Placed into Pending Status During Sept.

Active Listings at Sept. 30

Sept.
2011

Oldham County

Sept.
2012

%
Change

Jan.1
Sept.30,
2011

Jan.1Sept.
30,2012

%
Change

Houses Sold

64

70

9.38%

572

657

14.86%

Averages Selling Price

$279,242

$250,889

10.15%

$274,754

$261,766

4.73%

Median Selling Price

$252,875

$211,000

16.56%

$242,250

$230,000

5.06%

58

73

25.86%

429

482

12.35%

# of Active Listings Placed into Pending Status During Sept.

Active Listings at Sept. 30

Sept.
2011

Bullitt County

Sept.
2012

%
Change

Jan.1
Sept.30,
2011

Jan.1Sept.
30,2012

%
Change

Houses Sold

65

75

15.38%

560

641

14.46%

Averages Selling Price

$140,416

$150,985

7.53%

$138,591

$141,550

2.14%

Median Selling Price

$135,000

$132,500

1.85%

$129,925

$130,000

0.06%

62

81

30.65%

469

513

9.38%

# of Active Listings Placed into Pending Status During Sept.

Active Listings at Sept. 30

GLARContactInformation:
President,PaulOgden
PrudentialParks&Weisberg
(502)8961234

LisaStephenson
ExecutiveVicePresident
(502)8949860