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March 2022 | Louisville Real Estate

February Stats | Following a record-breaking sales year in 2021, home sales in Greater Louisville declined for the fifth consecutive month due to extremely low supply and rising interest rates, according to the Greater Louisville Association of Realtors® (GLAR). Total existing-home sales, including single-family homes, condominiums, and townhomes, decreased 9.06% from 1,192 in February 2021 to 1,084 in February 2022. The median home sale price in February was up 12.02%. The average home sale price was $282,755, up 14.95% from $245,978.

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