March was an interesting month for Bullitt County Real Estate. Once again, sales were off vs. last year (-39%). The good news is that there were also significantly fewer new listings than this time last year and inventory levels actually improved vs February. The better news is that average sales price of Bullitt County homes continued to climb. In fact, for the first quarter, the average sales price is up a whopping 6.3%.
Looking ahead, there are currently 74 pending listings in Bullitt County and April is setup to be a good month. I strongly encourage home sellers to make sure that your home is ready for the market BEFORE it is listed. Even with the reduced inventory levels, you are still competing with hundreds of other sellers. If you are considering buying a Bullitt County home, now is a great time to buy. Mortgage rates are still at or below 6% and choices are abundant.
Note: Higher Index numbers indicate a Buyer's Market while Lower Index numbers indicate a seller's market.
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Erik Hitzelberger is a licensed REALTOR with RE/MAX Alliance in Louisville. If you need a Bullitt County 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 Estate or to Search for Bullitt County Homes
