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May 2019 Edition                           www.parkerandklein.com
With the summer housing market heating up we thought you would like an update on national and local statistics. Please call us for stats for your neighborhood.
National & Local Stats
 
National Association of REALTORS
1. Louisville is considered "South" so our area is up .7% for March year over year pending homes.
2. NAR forecasts interest rates at 4.3% in 2019 and 4.6% in 2020 LINK HERE FOR STATS

Greater Louisville Association of REALTORS
1. The number of homes closed YTD is down (-7.14%) from 2018
2. The median sales price of homes YTD is up (5.03%) from 2018
3. The number of homes under contract is down (-6.41%) comparing March 2018 to 2019
4. The number of active listings (as of March 15) is up (4.79%) comparing March 2018 to 2019
LINK HERE FOR PRESS RELEASE

We find that the market is moving quickly in the $120,000-$350,000 range and is behaving a bit more sluggish at the higher price point. Condition continues to be a driving factor for buyers and they are willing to pay more for a turn key property.

Setting yourself up for success in selling:
*Reach out to us sooner than later so we can work with you to create that "wow" factor for buyers.
*When decorating think sparse, neutral and bright/sunny. Clean, crisp and classic-modern touches.
*Paint goes a long way to freshen up any room or outside area.
*Did we mention that you should reach out to us for guidance? We love to be your resource.

 
Upcoming In Our Community
Free Concert (Radiotronic)
Westport Village- Herr Ln.
June 6th from 6-8PM
70's & 80's Music
LINK HERE
Prelude: Cirque Du Jardin
Waterfront Botanical Gardens
Sneak Peak
June 9th from 6-9PM
Food, Ballet & entertainment
Learn More

 
10501 Colonel Hancock Drive
OPEN HOUSE
Sunday, May 19th 1-3pm

$360,000

LEARN MORE

 
5704 Timber Ridge Drive, Prospect
Under Contract in 0 Days!
$330,000

LEARN MORE

 
2701 Sycamore Woods Court
Under Contract in 2 Days!
$409,900

LEARN MORE

 
1908 Herr Lane
Under Contract in 2 Days!
$235,000

LEARN MORE

 
711 W. Main Street Apt Q & R
$675,000

LEARN MORE

 
1011 Windsong Way
$225,000

LEARN MORE

 
14516 Old Henry Road
OPEN HOUSE
Saturday, 5/18 2-4pm

$385,000

LEARN MORE

 

Pending Listings

  • 1908 Herr Lane
  • 2701 Sycamore Woods Court
  • 711 W Main Street Apt. N
  • 5704 Timber Ridge Drive
  • 2354 Page Avenue
  • 4905 1/2 S. 3rd Street
  • 6606 Orchard Club Place

Recently Sold

  • 1010 E. Oak Street 
  • 7212 Woolrich Road
  • 15 Lake Avenue
  • 11612 Kings Lane
  • 10902 Alloway Court
  • 3907 Woodmont Park Lane
  • 4022 Woodstone Way
  • 503 Macon Avenue
  • 13805 Stillwater Court
RATES
As of May 15, 2019

 
Conventional 30 YR. 4.250% 
Down from last month @ 4.375%

Conventional 15 YR. 3.625%
Down from last month @ 3.875%

FHA 30 YR. 3.625%
Down from last month @ 3.875%

Courtesy: MortgageNetwork.net
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Memorial Day

We express sincere thanks to our friends and families who have lost a loved one in service and defense of our country. Because of their (and your) sacrifice, we have freedoms unheard of in other countries. On Memorial Day we pause to honor your loved ones, our defenders, and let you know we do not take our freedom for granted.

12 Patriotic ways to celebrate Memorial Day with kids LINK HERE
10 Ways to honor our fallen heroes LINK HERE
 
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317 Wendover Avenue, Louisville KY 40207

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Parker & Klein Real Estate · 317 Wendover Avenue · Louisville, KY 40207 · USA

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