Two different measurements calculating the median asking price of Louisville St Matthews homes for sale have both resulted in similar results of $280,000. The black line on the graph tracks weekly measurements of all single family homes for sale in 40207, while the gold line tracks the same properties but uses a 90 day rolling average, or trend line, to determine its value. Both methods have arrived at the same number this past week! And perhaps with a few more weeks of decent sales activity, asking prices might climb back to where they were one year ago, even though there is little hope for St. Matthews home owners of getting back to the $325,000 mark we saw at the end of 2009.
Greg is a Realtor in Louisville Ky, former glassblower, husband to one, father of two, brother to seven, uncle to 20 and a lover of cooking and eating well.
