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.
FEBRUARY 2022 VS FEBRUARY 2021
15%
AVERAGE
SALES PRICE
2022 $284,755
vs 2021$245,978
-9%
HOMES SOLD
2022 1,084
vs 20211,192
3.3%
AVERAGE
DAYS ON MARKET
2022 30
vs 202129
-10.5%
ACTIVE LISTINGS
2022 1,400
vs 20211,565
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.
Source: GLAR, Single Family Residential & Condo; All Areas
WHAT YOU GET IN LOUISVILLE
A look at how much (or little) house you get for your money in three different Louisville zip codes
$700,000 - $780,000
$700,000 - $780,000
40059
12024 CHARLOCK COURT
BEDROOMS 4
BATHROOMS 3 full 2 half
SQUARE FEET 3,816
SOLD FOR $710,000
PPSF $186.06
40204
1220 SUMMIT AVENUE
BEDROOMS 3
BATHROOMS 2
SQUARE FEET 3,959
SOLD FOR $720,000
PPSF $181.86
40207
4111 ORMOND ROAD
BEDROOMS 5
BATHROOMS 3.5
SQUARE FEET 2,379
SOLD FOR $742,600
PPSF $312.15
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