http://activerain.com/blogs/shooz01 en-us 133124 <p>As of June 26th&nbsp;there were&nbsp;6527 active listings listed in the MLS for Jefferson County representing a&nbsp;8.7 month supply of homes.&nbsp;5.5 months is considered optimum and&nbsp;to be a balanced market.&nbsp;As can be seen from the list below the absorbtion rate is very area dependent with St Matthews and the Highlands being a sellers market and most other areas&nbsp;leaning toward a&nbsp;buyers market.&nbsp;</p>&nbsp; <table cellspacing="0" border="0" cellpadding="0" width="544"><tbody><tr height="17"><td height="17" width="344">Louisville Market Areas&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td><td width="58">Active Listings</td><td width="110"><p>&nbsp;Months Inventory (Absorption Rate)</p></td></tr><tr height="17"><td>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </td></tr><tr height="17"><td height="17">All of Jefferson County&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td><td>6527</td><td>8.71</td></tr><tr height="17"><td height="17">Area 1 - Downtown West Louisville</td><td>1230</td><td>10.95</td></tr><tr height="17"><td height="17">Area 2 - Highlands Germantown&nbsp;&nbsp;</td><td>456</td><td>4.32</td></tr><tr height="17"><td height="17">Area 3 St Matthews&nbsp;</td><td>363</td><td>4.19</td></tr><tr height="17"><td height="17">Area 4 - PRP Valley Station&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td><td>472</td><td>7.15</td></tr><tr height="17"><td height="17">Area 5 - Auburndale Fairdale Iroquois Park&nbsp;</td><td>626</td><td>7.25</td></tr><tr height="17"><td height="17">Area 6 - Buechel Highview Okolona Fern Creek&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td><td>982</td><td>6.32</td></tr><tr height="17"><td height="17">Area 7 - Jeffersontown Fern Creek Hikes Point&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td><td>920</td><td>6.32</td></tr><tr height="17"><td height="17">Area 8 - Douglas Hills Middletown Anchorage Hurstbourne&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td><td>792</td><td>7.54</td></tr><tr height="17"><td height="17">Area 9 - Anchorage Lyndon Prospect Up River Road&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td><td>686</td><td>5.04</td></tr><tr height="17"><td height="17">Area 20 - North Oldham&nbsp;</td><td>431</td><td>9.3</td></tr><tr height="17"><td height="17">Area 21 - South Oldham&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td><td>351</td><td>8.49</td></tr><tr height="17"><td height="17">Area 30 - Shelby County&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td><td>564</td><td>10.19</td></tr><tr height="17"><td height="17">Area 11 - Bullit County&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</td><td>733</td><td>9.44</td></tr><tr height="17"><td height="17">Area 19 - Spencer County Taylorsville&nbsp;</td><td>260</td><td>13.45</td></tr></tbody></table> Bradley Long (Keller Williams Realty, Louisville East) Wed, 27 Jun 2007 06:46:20 -0500 http://activerain.com/blogsview/133124/Louisville-Metro-Market-Conditions 22691 <p>The local real estate activity slowed considerably in the third quarter, with sales down and inventory escalating dramatically.&nbsp; It would appear that we are currently experiencing a buyers market.&nbsp; The reasons for this are a little hard to figure out considering that we haven&#39;t experienced any major negative economic news and mortgage rates continue to be very attractive.&nbsp; Personally I think that the continued barrage of bad news from the media and that the third quarter was the period leading to the elections has caused a lot of uncertainty.&nbsp; </p><p>Third quarter Single family home sales declined 9% in Jefferson County, -19% in North Oldham County, -27% in South Oldham County, -5.23 in Shelby County, -14% in Spencer County.&nbsp; Bullitt County however had a sales increase of almost 9% (YEA).&nbsp; There were some bright spots in the Louisville Metro area with&nbsp;units sold&nbsp;up 7.14% in the Middletown - Anchorage (area 8) and average price up $4320.&nbsp; The Highlands had a sales decrease of 3% in homes sold, however the average homes selling price was up $19145 or 11.32%.</p><p>&nbsp;</p> Bradley Long (Keller Williams Realty, Louisville East) Mon, 27 Nov 2006 07:28:22 -0600 http://activerain.com/blogsview/22691/Third-quarter-real-estate