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JULY 2014LOUISVILLE MLS
MEDIAN SALES PRICE
LOUISVILLE KY MLS
The Median Price for all homes sold in July was $157,500, which is 2% more than
the median sales price in June and 1% lower than the median sales price in July
2013.
JULY 2014
JULY 2013
$157,500
$159,000
1%
JULY 2014
$157,500
$0
$20,000
$40,000
$60,000
$80,000
$100,000
$120,000
$140,000
$160,000
$180,000
Jul-13 Aug-13 Sep-13 Oct-13 Nov-
13
Dec-13 Jan-14 Feb-14 Mar-
14
Apr-14 May-
14
Jun-14 Jul-14
CLOSED TRANSACTIONS
LOUISVILLE KY MLS
The Market Trend Report for July showed a 2% decrease in the number of Closed
Transactions over June and no change over sales in July 2013.
1,461
1,466 0%
JULY 2014
JULY 2014
JULY 2013
1,461
0
200
400
600
800
1000
1200
1400
1600
Jul-13 Aug-13 Sep-13 Oct-13 Nov-13 Dec-13 Jan-14 Feb-14 Mar-
14
Apr-14 May-
14
Jun-14 Jul-14
DAYS ON THE MARKET
LOUISVILLE KY MLS
The average Days on the Market for all homes sold in July was 61. There was no
change in the average Days on Market from June and 8 days less than the
average in July 2013.
12%
61
69
JULY 2014
JULY 2014
JULY 2013
61
0
10
20
30
40
50
60
70
80
90
Jul-13 Aug-13 Sep-13 Oct-13 Nov-13 Dec-13 Jan-14 Feb-14Mar-14 Apr-14 May-
14
Jun-14 Jul-14
MONTHS SUPPLY OF
INVENTORY
LOUISVILLE KY MLS
The number of Months Supply of Inventory at the end of July was 5.8 which is 5%
higher than June and a 26% increase over July 2013.
5.8
4.6
26%
JULY 2014
JULY 2014
JULY 2013
5.8
0.0
1.0
2.0
3.0
4.0
5.0
6.0
7.0
8.0
Jul-13 Aug-13 Sep-13 Oct-13 Nov-13 Dec-13 Jan-14 Feb-14Mar-14 Apr-14 May-
14
Jun-14 Jul-14
Description
The Market Trend Report is distributed each month on or about the 15th.
The Report is based on data provided by Terradatum from the local
Louisville Multiple Listing Service and is not annualized. While MLS and
Terradatum data are believed to be accurate, it cannot be
guaranteed. MLS data is constantly being updated, making any analysis
a snapshot at a particular time. Data for prior periods is not being
recalculated for this report.
Definitions
Median Sales Price is the median price of all residential properties sold
during the month. Closed Transactions are the number of residential
transactions closed during the given month. Days on the Market is the
number of days that pass from the time a property is listed until the
property goes under contract for all residential properties sold during the
month. Months Supply of Inventory is the total number of residential
properties listed for sale at the end of the month (active inventory)
divided by the number of sales contracts signed (pended) during the
month).

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Louisville MLS July 2014 Market Trends

  • 2. MEDIAN SALES PRICE LOUISVILLE KY MLS The Median Price for all homes sold in July was $157,500, which is 2% more than the median sales price in June and 1% lower than the median sales price in July 2013. JULY 2014 JULY 2013 $157,500 $159,000 1% JULY 2014 $157,500 $0 $20,000 $40,000 $60,000 $80,000 $100,000 $120,000 $140,000 $160,000 $180,000 Jul-13 Aug-13 Sep-13 Oct-13 Nov- 13 Dec-13 Jan-14 Feb-14 Mar- 14 Apr-14 May- 14 Jun-14 Jul-14
  • 3. CLOSED TRANSACTIONS LOUISVILLE KY MLS The Market Trend Report for July showed a 2% decrease in the number of Closed Transactions over June and no change over sales in July 2013. 1,461 1,466 0% JULY 2014 JULY 2014 JULY 2013 1,461 0 200 400 600 800 1000 1200 1400 1600 Jul-13 Aug-13 Sep-13 Oct-13 Nov-13 Dec-13 Jan-14 Feb-14 Mar- 14 Apr-14 May- 14 Jun-14 Jul-14
  • 4. DAYS ON THE MARKET LOUISVILLE KY MLS The average Days on the Market for all homes sold in July was 61. There was no change in the average Days on Market from June and 8 days less than the average in July 2013. 12% 61 69 JULY 2014 JULY 2014 JULY 2013 61 0 10 20 30 40 50 60 70 80 90 Jul-13 Aug-13 Sep-13 Oct-13 Nov-13 Dec-13 Jan-14 Feb-14Mar-14 Apr-14 May- 14 Jun-14 Jul-14
  • 5. MONTHS SUPPLY OF INVENTORY LOUISVILLE KY MLS The number of Months Supply of Inventory at the end of July was 5.8 which is 5% higher than June and a 26% increase over July 2013. 5.8 4.6 26% JULY 2014 JULY 2014 JULY 2013 5.8 0.0 1.0 2.0 3.0 4.0 5.0 6.0 7.0 8.0 Jul-13 Aug-13 Sep-13 Oct-13 Nov-13 Dec-13 Jan-14 Feb-14Mar-14 Apr-14 May- 14 Jun-14 Jul-14
  • 6. Description The Market Trend Report is distributed each month on or about the 15th. The Report is based on data provided by Terradatum from the local Louisville Multiple Listing Service and is not annualized. While MLS and Terradatum data are believed to be accurate, it cannot be guaranteed. MLS data is constantly being updated, making any analysis a snapshot at a particular time. Data for prior periods is not being recalculated for this report. Definitions Median Sales Price is the median price of all residential properties sold during the month. Closed Transactions are the number of residential transactions closed during the given month. Days on the Market is the number of days that pass from the time a property is listed until the property goes under contract for all residential properties sold during the month. Months Supply of Inventory is the total number of residential properties listed for sale at the end of the month (active inventory) divided by the number of sales contracts signed (pended) during the month).