| 4438 Blenheim Rd, Louisville, KY | Sold | $230,000 |
Beechwood Village
Saturday, April 30, 2011
Tuesday, April 19, 2011
MARKET SNAPSHOT HISTORICAL COMPARISON
MARKET SNAPSHOT HISTORICAL COMPARISON
Greater Louisville Association of Realtors
Residential Single Family Statistics
28 91 182 364
Current 4 weeks Ago 3 Months Ago 6 Months Ago 1 Year Ago
4/17/2011 3/20/2011 1/16/2011 10/17/2010 4/18/2010
ACTIVE INVENTORY STATISTICS
Active Residential Listings (as
of report date) 9,355 9,013 8,631 9,583 9,795
Average List Price 223,596 221,815 219,371 232,175 233,475
Months of Inventory 11.9 14.3 16.3 13.8 11.5
TRAILING 30 DAYS STATISTICS
Number Sold 789 632 531 695 850
Average Sales Price 154,216 150,131 159,914 171,325 164,802
Sales Price vs. List Price ** 95.8% 95.7% 95.4% 95.2% 95.7%
Average Days on Market *** 83 83 90 82 87
New Listings on Market 2,319 2,220 1,467 2,031 2,882
Cancelled, Withdrawn or Expired
Listings 1,184 1,138 1,523 1,682 1,410
TRAILING 12 MONTH STATISTICS
Number Sold 11,003 11,125 11,224 11,899 12,272
Average Sales Price 165,955 166,459 166,825 163,666 161,063
Sales Price vs. List Price ** 95.6% 95.6% 95.7% 95.8% 95.8%
Average Days on Market *** 81 82 81 81 86
Regional Market Snapshot for all of Louisville Area
Regional Market Snapshot
Residential Single Family Statistics
(As of Sunday, April 17, 2011)
Greater Louisville Area
ACTIVE INVENTORY
Active Residential Listings
Currently on the Market 9,355
Average List Price $223,596
Months of Inventory * 11.9
LAST 30 DAYS
Number Sold 789
Average Sales Price $154,216
Sales Price vs. List Price ** 95.8%
Average Days on Market
*** 83
New Listings on Market 2,319
Cancelled, Withdrawn or
Expired Listings 1,184
Statistic Notes:
* - The real estate industry standard calculation for months of inventory is to divide the current inventory units by the number of units sold in the last 30 days
** - Sales to List Price ratio is calculated by dividing the average sales price into the average list price of the units sold.
*** - This number does not reflect the times a home that is sold has been on the market before by (1) its owner, (2) another Realtor whose listing expired, or
(3) a listing cancelled and then relisted to generate new interest. This number in most instances does not reflect the number of days from contract to
close which averages 30-45 days for most closings. In order to have a true picture of the date property is listed to the date of closing a seller
would need to add prior “days for sale” activity to the above average days on market plus 30-45 days from contract to close. The above is not
reflective of a specific area but takes into account all homes on the MLS that sold in the last 30 days and the last 12 months. Your agent can give you
a specific report tailored to your area.
This market report provides a summary of the three multiple listing systems in the region where Semonin Realtors currently maintains offices. The
®
only and may not represent all real estate information in our markets. Last 30 days=3/20/11-4/17/11; Last 12 months=4/18/10-4/17/11
Greater Louisville Association of REALTORSis primarily Jefferson County Kentucky and immediate surrounding counties. Information is deemed reliable but not guaranteed and none of the MLS’ are in any way responsible for the accuracy of this information. These statistics include single family homes and condos.MARKET SNAPSHOT
UPDATED EACH TUESDAY
ON SEMONIN.COM
LAST 12 MONTHS
Number Sold 11,003
Average Sales Price $165,955
Sales Price vs. List Price ** 95.6%
Average Days on Market *** 81
Becky Fangman, ABR, GRI
Semonin Realtor
Office: 502-329-5300
Cell: 502-594-5971
Fax: 502-471-5121
Email: bfangman@semonin.com
Search All Homes In Louisville: http://www.beckyfangman.semonin.com/
Friday, April 15, 2011
Tuesday, April 12, 2011
4.3 Months Supply of Homes for Sale in Beechwood Village
We currently have a 4.3 month supply of homes in Beechwood Village. Not bad considering the Louisville area currently has a 9.7 month supply down from a high of 14 months at one point.
Supply of homes means if no others came on the market it would take 4.3 months to deplete the inventory of homes for sale.
Property Currently on the Market
PROPERTY SOLD IN MARCH, 2011
Supply of homes means if no others came on the market it would take 4.3 months to deplete the inventory of homes for sale.
Property Currently on the Market
| Address | Sq Ft | Price | Days on Market |
| 224 TYNE RD | 1,507 | $190,000 | 58 |
| 4615 BLENHEIM RD | 1,700 | $209,900 | 365 |
| 213 BRUNSWICK RD | 1,530 | $219,500 | 9 |
| 320 BRAMTON RD | 1,456 | $239,900 | 17 |
| 4513 BLENHEIM RD | 1,761 | $244,900 | 9 |
| 206 RING RD | 2,278 | $254,900 | 341 |
| 306 RING RD | 2,024 | $300,000 | 203 |
PROPERTY SOLD IN MARCH, 2011
| 217 RING RD | SQ FT | 1,840 | SOLD | $199,000 | DAYS ON | 142 |
Wednesday, April 6, 2011
Months of inventory homes in Louisville and surrounding areas
MLS System | Months of Inventory | Active Residential Inventory | Average Sales Price | Average Days on Market |
GLAR | 3.3% higher 2011 – 12.4 2010 – 12.0 | 4.0% lower 2011 – 9,162 2010 – 9,547 | 5.3% lower 2011 – $152,957 2010 – $161,583 | 1 days less 2011 – 86 Days 2010 – 87 Days |
HKAR | * 2011 – 13.5 * | * 2011 – 1,723 * | * 2011- $124,903 * | * 2011 – 120 Days * |
SIRA | 12.1% higher 2011 – 13.9 2010 – 12.4 | 4.1% lower 2011 – 2,236 2010 – 2,332 | 4.3% higher 2011 – $119,661 2010 – $114,744 | 19 days more 2011 – 126 Days 2010 – 107 Days |
Inventory versus Pricing Reference | ||
Months of Inventory | Market Description | Pricing |
1-4 | Sellers | Appreciation |
5-6 | Even | The Norm |
7 plus | Buyers | Depreciation |
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