Louisville Real Estate Market Report
Area 7 of the Louisville MLS covers homes for sale in FernCreek, Hikes Point, and Jeffersontown (J-town). Some of the larger subdivisions in this area are Breckenridge Meadows, Glenmary, Little Spring Farm, Orchard Lakes, Saratoga Springs and Saratoga Woods.
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Key Points
- Home Sales in this area of Louisville have really picked up! Except of June, this month had the highest number of sales since 2007.
- While sales price is down, this is not a declining market. Certainly, there are some neighborhoods that are struggling woth foreclosures and short sales. However, this area of Louisville remains desirable and many home sellers are able to get a fair price. First time home buyers are as much the cause of the average price drop as anything else. These buyers are taking advantage of the $8000 first-time home buyer tax credit and tend to purchase entry-level homes.
- For sellers, this is an indication that you can sell your home if you have a Louisville real estate agent who understands how to help you prepare, price, and promote your home.
- Buyers should take note that selection is great. As word spreads that buyers are actually taking advantage of the low interest rates, tax credits, etc, more sellers are putting their homes on the market. If you want to live in this part of Louisville, you should certainly be able to find a home that meets your needs.
Additional Market Reports (July 09)
- Louisville Homes - Area 8 Douglass Hills, Hurstbourne, Middletown
- Bullitt County Homes
- Shepherdsville Homes
- Mt Washington Homes
First Time Home Buyer Tax Credits for Louisville Home Buyers
- Time is Running Out
- $4500 Down Payment Assistance - Get Down payment Assistance money through KHC.
- $8000 Tax Credit - Get an $8000 Tax Credit on your 2008 or 2009 Tax return when you buy a home.
- $8000 Tax Credit Amended - Find how how to use the Tax Credit for a portion of your downpayment
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Erik Hitzelberger is a licensed REALTOR with RE/MAX Alliancein Louisville. If you need a Louisville Real Estate agent please email me or call 502.921.3989.
I specialize in the following areas of the Metro Louisville Area: Prospect, Middletown, Jeffersontown (J-Town), Fern Creek, Okolona, Shepherdsville, Mt Washington, Hillview, Brooks and Pewee Valley. Click the following links to learn more about Louisville and Bullitt County Real Estateor to Search for Louisville Homes
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The Federal Government banned lead-base paint in 1978. This disclosure notifies buyers homes built before that year may contain lead-base paint. If you have had any testing done to determine the presence of lead, you must disclose the test and test results.
A black lab ran up to me while I was working in my yard this morning. This is odd for multitude of reasons. Due to leash laws, neighborhood covenants, and general caring for the well-being of pets, this is the first dog I've seen running free. Additionally, I would normally be at work. I was only there because I wanted to mow / weed eat before it rained for the next few days. 


