About Shelby County, KY

State of the Real Estate Market for Shelby County Ky.

In the below graph I compared the number of single family homes that sold and closed for 2009, 2010 and 2011:

Encouraging to see that 2011 we are up in number of units sold from the year before.

The below graph compares the median sales price for single family homes from 2009, 2010 and 2011:

Even though 2010 saw a decrease in number of units sold the median sales price jumped considerably (up $8,000) from 2009. 2011 stayed about the same as the year before in terms of median sales price, though an increase in units sold.

What does all of this mean?

I think all of this points to signs that the market in Shelby County KY is stabilizing and will contiue to climb at a

good steady pace.

Shelby County KY had a good 2nd half of 2010 in terms of home prices increasing and finished the year on a high note. Home sales for December also improved. These are both positive signs for this area.

Market report for Area 30 in Louisville, KY for period ending December 2010.

This report is published Quarterly.

Statistics come from the Greater Louisville MLS. Information is deemed reliable but not guaranteed.

3752 Shelbyville Rd, Shelbyville, KY 40065

$ 173,000

1930's Bungalow

Located on desirable US 60 just west of Claudia Sanders.

On beautiful 2 acre lot. Country setting yet conveniently located just 2 minutes from Shelbyville.

32 minutes to downtown Louisville and 33 minutes to downtown Frankfort.

Features include open floor plan with 9' ceilings, a spacious country kitchen with 1/2 bath.

2nd floor laundry is conveniently located near the 3 bedrooms. 8 x 30 front porch and a 15 x 30 rear patio. 16 x 28 building with water and electric. Underground dog fence on 1-3/4 of the 2 acres.

For Detailed information or to show this property, Contact:

Dennis Brooks, Realtor

502-664-6125

Bank of America, GMAC and Chase have recently announced a freeze on foreclosures. Soon thereafter they announced they lifted the freeze and will continue the foreclosures.

There is much confusion in the market.

One thing is sure, however, if the borrower is behind on payments, the lender eventually has the right to foreclose.

The reality is that a foreclosure freeze is not the answer to your problem. However, there are steps you can take to avoid foreclosure.

Please click here for a free report on the Five Steps to Avoid Foreclosure

Shelby County prices are up over the previous year by a good amount and overall sales for the year isn't that different for 2010 than it was for 2009.

Market report for Area 30 in Louisville, KY for period ending October 2010.

This report is published Quarterly.

Statistics come from the Greater Louisville MLS. Information is deemed reliable but not guaranteed.