Louisville Douglass Hills Homes For Sale | Market Update | July 2010
Thursday, July 15th, 2010
The Douglass Hills real estate development, in eastern Jefferson County, located just off of Shelbyville Road, is considered by many to be a very desirable neighborhood. Others might consider it a bit dated, having been built in the mid-1970′s. However, for an established neighborhood with a local school and other amenities, there is a lot to like about Douglass Hills, including it’s modestly priced homes.
I have attached a graph showing inventory levels of homes for sale in 40243, which is loosely Douglass Hills, as well as the average days on market homes are experiencing while they are trying to sell. Both numbers are down from their year long highs, which they notched just a few months ago. Not surprisingly, it appears that when the Federal Tax Credits ended on April 30th, many home owners took their houses off the market, bringing around a drop in the inventory levels. At the same time, with some homes coming off the market, it is safe to assume that a bunch of those homes had been on the market for quite awhile, and when they lef the market, the average number of days on the market also fell.
For more information on Louisville Douglass Hills homes for sale, please don’t hesitate to visit my website, or contact me directly at greg@gregfly.com.
Posted via email from Louisville Kentucky Real Estate, Homes For Sale









