Bullitt County Real Estate Market Report- This report analyzes property sales trends for Bullitt County homes over the last few months and versus the same time period last year. The report includes number of homes sold, average listing price, average sales price, days on market (DOM), and current inventory.
Bullitt County encompasses the primary cities of Shepherdsville, Mt Washington, and Lebanon Junction. Home sales from the smaller cities of Brooks, Fox Chase, Hebron Estates, Hillview, Hunter's Hollow, Pioneer Village and Zoneton are also included, but these are generally listed as Shepherdsville homes in the MLS.
Comments and Analysis
Let's call a spade a spade here. December was not a particularly good month for sellers. On the other hand, investors and serious buyers made out like bandits. Almost 1/3rd of the homes that sold were short sales or foreclosures. Many of the rest were priced to move quickly. In fact, I had identified a couple as great steals.
Despite this, the Bullitt County market is still in decent shape. Properties that are priced right are selling fairly quickly. Only a few homes took more than 6 months to sell and each sold within 90 days of the final price change. Home sellers who do not have to sell or are not trading up are keeping their homes off of the market. This helps keep our inventory art a reasonable level.
Buyers
You have the a real opportunity to get a move-in ready home at a historically low interest rate. First-time home buyers can also take advantage of the $7,500 tax credit. The best 3 things that you can do for yourself are to
- get serious,
- get pre-approved, and
- find a good Bullitt County Real Estate agent.
Sellers
This is not the time to test the market. If you want to sell, you need to
- be realistic with your price,
- prepare your house for sale, and
- find an agent who can promote your Bullit County home properly.
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Erik Hitzelberger is a licensed real estate agent 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: Jeffersontown (J-Town), Okolona, Fern Creek, 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 the Metro Louisville MLS.
