2023 Q1 Louisville Market Report

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2023 Q1 MARKET REPORT LOUISVILLE, KENTUCKY
All information is deemed to be reliable, but is not guaranteed. Featured Properties 12203 Lucas Lane, Anchorage | Sold at $1,887,500 528 Barberry Lane, Cherokee Gardens | Sold at $1,487,500 11018 Monkshood Drive, Norton Commons | Sold at $1,450,000

TOTAL MARKET

Page 3 marketreport.lsir.com All statistics compiled using data from the GLAR and MetroSearch, Inc. All information is deemed to be reliable, but is not guaranteed.
Residential Sales | Homes in all price points
Residential Sales | Homes $400,000 and above NUMBER OF SALES AVERAGE SALES PRICE AVERAGE PRICE PER SQ.FT. AVERAGE DAYS ON MARKET 3,856 Q1 2022 3,111 Q1 2023 $278,390 Q1 2022 $166.67 Q1 2022 27 Q1 2022 $286,275 Q1 2023 $175.18 Q1 2023 39 Q1 2023 19.3% 2.8% 5.1% 44.4% NUMBER OF SALES NUMBER OF LISTINGS AVERAGE DAYS ON MARKET 597 Q1 2022 520 Q1 2023 869 Q1 2022 41 Q1 2022 923 Q1 2023 43 Q1 2023 12.9% 6.2% 4.9%
LOUISVILLE
LOUISVILLE TOTAL MARKET
Page 4 marketreport.lsir.com All statistics compiled using data from the GLAR and MetroSearch, Inc. All information is deemed to be reliable, but is not guaranteed. INDIAN HILLS • CLIFTON • CRESCENT HILL • ST. MATTHEWS AREA 3 GLENVIEW • ANCHORAGE • PROSPECT AREA 9 NUMBER OF SALES AVERAGE SALES PRICE AVERAGE PRICE PER SQ.FT. AVERAGE DAYS ON MARKET NUMBER OF SALES AVERAGE SALES PRICE AVERAGE PRICE PER SQ.FT. AVERAGE DAYS ON MARKET 201 Q1 2022 143 Q1 2023 $353,357 Q1 2022 $202.50 Q1 2022 35 Q1 2022 $372,562 Q1 2023 $209.93 Q1 2023 25 Q1 2023 28.9% 5.4% 3.7% 28.5% 241 Q1 2022 $454,009 Q1 2022 $203.02 Q1 2022 23 Q1 2022 205 Q1 2023 $463,504 Q1 2023 $201.84 Q1 2023 27 Q1 2023 14.9% 2.1% 0.6% 17.4%
Page 5 marketreport.lsir.com All statistics compiled using data from the GLAR and MetroSearch, Inc. All information is deemed to be reliable, but is not guaranteed. NORTH OLDHAM COUNTY AREA 20 SOUTH OLDHAM COUNTY AREA 21 NUMBER OF SALES AVERAGE SALES PRICE AVERAGE PRICE PER SQ.FT. AVERAGE DAYS ON MARKET NUMBER OF SALES AVERAGE SALES PRICE AVERAGE PRICE PER SQ.FT. AVERAGE DAYS ON MARKET 100 Q1 2022 76 Q1 2023 $522,123 Q1 2022 $203.50 Q1 2022 36 Q1 2022 $440,744 Q1 2023 $211.28 Q1 2023 30 Q1 2023 24% 15.6% 3.8% 16.7% 87 Q1 2022 $394,336 Q1 2022 $189.59 Q1 2022 17 Q1 2022 78 Q1 2023 $413,975 Q1 2023 $197.05 Q1 2023 35 Q1 2023 10.3% 4.9% 3.9% 106%
Page 6 marketreport.lsir.com All statistics compiled using data from the GLAR and MetroSearch, Inc. All information is deemed to be reliable, but is not guaranteed. HIGHLANDS 40205 INDIAN HILLS • ST. MATTHEWS 40207 NUMBER OF SALES AVERAGE SALES PRICE AVERAGE PRICE PER SQ.FT. AVERAGE DAYS ON MARKET NUMBER OF SALES AVERAGE SALES PRICE AVERAGE PRICE PER SQ.FT. AVERAGE DAYS ON MARKET 95 Q1 2022 76 Q1 2023 $321,800 Q1 2022 $197.10 Q1 2022 23 Q1 2022 $367,291 Q1 2023 $205.19 Q1 2023 39 Q1 2023 20% 14.1% 4.1% 69.5% 117 Q1 2022 $404,795 Q1 2022 $213.91 Q1 2022 37 Q1 2022 98 Q1 2023 $402,162 Q1 2023 $215.55 Q1 2023 28 Q1 2023 16.2% 0.6% 0.8% 24.3%
Page 7 marketreport.lsir.com All statistics compiled using data from the GLAR and MetroSearch, Inc. All information is deemed to be reliable, but is not guaranteed. LAKE FOREST 40245 PROSPECT 40059 NUMBER OF SALES AVERAGE SALES PRICE AVERAGE PRICE PER SQ.FT. AVERAGE DAYS ON MARKET NUMBER OF SALES AVERAGE SALES PRICE AVERAGE PRICE PER SQ.FT. AVERAGE DAYS ON MARKET 144 Q1 2022 81 Q1 2023 $434,885 Q1 2022 $188.46 Q1 2022 14 Q1 2022 $507,658 Q1 2023 $203.33 Q1 2023 42 Q1 2023 43.7% 16.7% 7.9% 200% 88 Q1 2022 $623,200 Q1 2022 $232.93 Q1 2022 39 Q1 2022 77 Q1 2023 $635,083 Q1 2023 $230.06 Q1 2023 35 Q1 2023 12.5% 1.9% 1.2% 10.2%
3803 BROWNSBORO ROAD, LOUISVILLE, KY 40207 LSIR.COM Visit marketreport.lsir.com for quarterly market reports. ©2023 Lenihan Real Estate, LLC. All Rights Reserved. Sotheby’s International Realty® and the Sotheby’s International Realty Logo are service marks licensed to Sotheby’s International Realty Affiliates LLC and used with permission. Lenihan Real Estate, LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. This material may not be reproduced, displayed, modified or distributed without the express prior written consent of the copyright holder. Each office is Independently Owned and Operated.

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