St. Matthews Real Estate Values Show Up As Some Of Louisville’s Best!

Among all the doom and gloom we can find about real estate, both nationally and locally, it is refreshing to find some spots around town in Louisville, KY that are not doing quite as poorly as the national media would have you believe.

Here is some of the St. Matthews real estate data I promised!  To be fair, these numbers are from Area 3 of our local MLS, but I am loosely calling it St. Matthews.

Average Sales Price for 2008 = $274,188
Average Sales Price for 2007 = $262,495

As long as we are talking about value, these numbers don’t look like the drop in sales that experts have been telling us about for months on end now.  Homes in 2008 sold for almost $12,000 more than the average in 2007!

And for the purists out there, who believe that average sales prices are too easy to manipulate, and can be affected by just a few really expensive homes, why don’t we also look at median sales prices of St Matthews homes?

Median Sales Price for 2008 = $214,000
Median Sales Price for 2007 = $208,000

An increase of $6,000!  You would never know it by reading some of the articles that are written about home sales in St. Matthews.

If you have any questions about St. Matthews homes, please don’t hesitate to visit the most complete St. Matthews Real Estate website at www.GregFly.com.  You can also call me anytime at 1-888-GREG-FLY or email me at greg@gregfly.com.

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