2015 Louisville Real Estate Market Report

2015MarketReport

The sale of this Harrods Glen estate closed in December, making it the second highest residential transaction in 2015. Listed and sold by Jon Mand and John Lenihan. Now that 2016 has begun, it’s time to take a look back and see how the Louisville real estate market performed last year. Overall, the traction we […]

Louisville Real Estate Market Update – 3rd Quarter 2015

LouisvilleMarket3rdQuarterReport

In the latest installment of the Perspectives series with Lenihan Sotheby’s International Realty I sat down to discuss the latest trends and statistics for Louisville’s real estate market with a particular focus on the high-end segment. Although we saw activity at the high end ($400,000 and above) slow down somewhat during the 3rd quarter, that segment […]

Thinking of listing your home during the holidays?

ListingDuringHolidays

As part of the Perspectives series with Lenihan Sotheby’s International Realty I sat down with Greg Fleischaker to discuss the market conditions during the holiday season and whether it’s a good idea to list between Thanksgiving and Christmas. Spoiler alert: one size doesn’t fit all and the answer depends on the property and location. The […]

1st Quarter Report: High-end Real Estate Booming, New Sales up 73%

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This new listing in Harrods Glen is coming on the market amid a surge in high-end sales.It’s already April and the first quarter results for the Louisville real estate market are in. Overall, the Louisville housing market remains very healthywith solid activity and gains across the board, but the high-end segment (homes $400,000 and above) […]

High-End Real Estate Shines With Huge Gains in January

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This Mockingbird Gardens home was only on the market 1 month before selling in January with Jon Mand and Chuck Pence representing the buyer and seller. The numbers for January are in and closed home sales of $400,000 and above posted an 18% increase over the same period last year. With a typical transaction taking […]

2014 Louisville Real Estate Market Report

2014MarketReport

This Harrods Creek estate recently closed, making it the first sale above $1MM in 2015. Listed and sold by Chuck Pence, Jon Mand and John Lenihan.With December in the books, it’s time to review the Louisville real estate market’s performance in 2014. Overall, the market has remained healthy and even recovered some lost ground during […]

319 Mockingbird Hill Rd Property Video

319MockingbirdPropertyVideo

This classic home at 319 Mockingbird Hill Rd features formal living and dining rooms, tall ceilings, and beautiful architectural details. The kitchen includes marble counter tops and is open to an attached family room or eat-in kitchen area. Upstairs, there are 5 bedrooms and 3 full baths. Two of the bedrooms are located in a separate in-law or […]

High-end Real Estate Values Since the Recession

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The tightened supply of inventory and the tightened supply of credit continue to drive Louisville’s housing market. Together, these two trends have resulted in a slight decline in the number of sales year over year. Fortunately, consumer confidence continues to grow while consumers are generally positive about the economy and job growth. This allows local prices […]

Creating Value Through Home Renovations

AddingValueThruRenovations

On site at a client’s new renovation project. For those that are up to the task, home renovations can provide an opportunity to create value, broaden a home’s appeal and, of course, end up with a home finished exactly as desired. Whether it’s purchasing a home in need of TLC or upgrading a current home […]

New Construction Market Gains Momentum

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Last week’s recap of 2014’s existing home sales only told part of the story. This week we turn our attention to the harder to track, but vitally important new construction market. As a proxy for new construction starts I have compiled the statistics for lot sales from the Greater Louisville Association of Realtors MLS with particular […]