Home sales in Greater Louisville declined for the sixth consecutive month in June while prices continued to increase due to demand outpacing supply. Total existing-home sales decreased 16.81% from 1951 in June 2021 to 1623 in June 2022. Record demand combined with low supply continues to fuel price growth. The average home sale price was $312,860, up 9.78% from $284,989 in June 2021.
JULY
JUNE 2022 VS JUNE 2021
9.8%
AVERAGE
SALES PRICE
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2022 $312,860
vs 2021$284,989
-16.8%
HOMES SOLD
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2022 1,623
vs 20211,951
-5.6%
AVERAGE
DAYS ON MARKET
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2022 17
vs 202118
-5.9%
NEW LISTINGS
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2022 1,404
vs 20211,492
Home sales in Greater Louisville declined for the sixth consecutive month in June while prices continued to increase due to demand outpacing supply. Total existing-home sales decreased 16.81% from 1951 in June 2021 to 1623 in June 2022. Record demand combined with low supply continues to fuel price growth. The average home sale price was $312,860, up 9.78% from $284,989 in June 2021.
Source: GLAR, Single Family Residential & Condo; All Areas; New listings are in Jefferson County only.
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WHAT YOU GET IN LOUISVILLE
A look at how much (or little) house you get for your money in three different Louisville zip codes
$600,000 - $700,000
$600,000 - $700,000
40222
8702 CREIGHTON COURT
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BEDROOMS 4
BATHROOMS 2 full + 2 half
SQUARE FEET 2,782
SOLD FOR $600,000
PPSF $215.67
40222
9005 HURSTWOOD COURT
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BEDROOMS 4
BATHROOMS 3.5
SQUARE FEET 2,746
SOLD FOR $625,000
PPSF $227.60
40059
7410 SHADWELL LANE
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BEDROOMS 4
BATHROOMS 4.5
SQUARE FEET 3,105
SOLD FOR $670,000
PPSF $215.78
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