Louisville Real Estate News : Shepherdsville Homes ~ Real Estate Market Report ~ April 2009

Shepherdsville Homes ~ Real Estate Market Report ~ April 2009

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 Shepherdsville homes sold, average listing price, average sales price, days on market (DOM), and current inventory.

The MLS includes properties for sale in Fox Chase, Hebron Estates, Hillview, Hunter's Hollow, Pioneer Village and Zoneton as Shepherdsville homes.

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Shepherdsville Real Estate

Shepherdsville Real Estate Absorption

Key Points

  1. The average sales price of Shepherdsville homes is about 10% below last year.  This does not necessarily reflect depreciation of homes.  Instead it is driven by investors buying short sales or foreclosures and first-time home buyers taking advantage of the $8000 tax credit.
  2. Average Days on Market is significantly lower than previous months or years.  Again, investors and first-time home buyers are driving a lot of this.  If you find a house you like, don't expect it to stay on the market long.
  3. Shepherdsville sellers have to be realistic about comparable home sales in your neighborhoods.  While most homes are holding their value, few are appreciating at any significant pace.  When you are ready to sell, find a knowledgeable Bullitt County Real Estate Agent who can help you price, prepare, and promote your home.

More Market Reports:

Bullitt County Homes

Mt Washington Homes

Louisville Homes - Area 7 - Ferncreek, Jeffersontown (J-Town)

Louisville Homes - Area 8 - Douglass Hills, Hurstbourne, Middletown

First Time Home Buyer Tax Credits for Shepherdsville Home Buyers

$8000 Tax Credit - Get an $8000 Tax Credit on your 2008 or 2009 Tax return when you buy a home.

$4500 Down Payment Assistance - Get Down payment Assistance money through KHC.

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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 

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