Louisville & Bullitt County Real Estate

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Shepherdsville Real Estate Market Report ~ Dec 2008

Shepherdsville Real Estate Market Report- This report analyzes property sales trends for Shepherdsville 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.

Despite the fact that Fox Chase, Hebron Estates, Hillview, Hunter's Hollow and Pioneer Village are incorporated, home sales from these areas are generally included with the Shepherdsville home sale data.  This month's results are shown in the chart below.

Shepherdsville Market Report

Comments and Analysis

AsI mentioned in the Bullitt County Real Estate Report, December was a tough month for sellers and a very good month for buyers.  Many of the Shepherdsville homes sold were short sales or foreclosures.  No area or price point is immune to this fact as evidenced by the sale of a home in Stoney Ridge for $189,000.  

See Also: Bullitt County Real Estate Market Report ~ Dec 08

Three Reasons to Buy a Shepherdsville Home Right Now

  1. Selection - Thirteen months of inventory is the highest we have seen in years.
  2. Affordability- Good pricing and historically-low interest rates combine to make home ownership more reasonable than renting.
  3. Tax Credit -Buyers can get a $7,500 tax credit on the purchase of a Shepherdsville home as long as you haven't owned a home in the last 3 years.  

See Also: Price Doesn't Matter to Buyers

Three Keys to Selling your Shepherdsville Home Right Now

  1. Price it correctly the from the start
  2. Prepare your house for sale before you list it
  3. Promote your home where buyers can find it 

See Also, How to Promote your Shepherdsville Home online    

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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

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