Jeffersontown, KY

It appears that the asking price of condos in the J'Town area of Louisville, Ky are on the rise. If you look at the graph below, you will see data that I have charted for the past year. The black line shows weekly data points of the median asking price of condos in J'Town, while the gold line shows a rolling 90 day trend line for the same properties. As you can clearly see, it looks like we hit an inflection point sometime last month, and that prices have started moving up, at least a little bit. This runs a bit counter to homes prices in Louisville, as those continue their downward trend.

As an aside, I spoke recently with the developer and builder of a new construction condo project in J'Town, and he represents that his project has seen a recent spike in activity, which might line up well with the graph above. If you would like to see some pictures of the above mentioned project, of which I am not the listing agent, and are interested in Louisville J'Town Condos, please visit www.Magnolia-Place-Condos.com.

Over the past few months, I have been keeping tabs on a new construction condo development in the J'Town area of Louisville and Jefferson County. I am not the listing agent, but I am friends with the builder and developer, and I like to check in every once and awhile and see how my friends new construction J'Town condos are doing when I compare their sales to the average condo in J'Town. When I ask my friend, David Elder, about his condos at www.Magnolia-Place-Condos.com, I'm told that sales have picked up quite a bit since summer, and it appears that he is bucing the trend, and that his units are selling better than the average J'Town condo. Here is a graph that shows what's happening to the prices over the past six months for J'Town condos.

If you have any questions about J'Town real estate, or Louisville real estate in general, please visit my website at www.GregFly.com. Also, please feel free to call anytime or send me an email at greg@gregfly.com.

For anyone interested in J'Town condos in Louisville, Ky, I have just posted an article on my blog site at www.LouisvilleKyRealEstateBlog.com with a couple of graphs talking about decreasing prices and increased time on the market. If you like, I can also be reached via email at greg@gregfly.com.

J'Town Condo Real Estate Development Built By Two Brothers From Louisville, KY

David and Matt Elder, both Trinity High School graduates, have been busy building and selling new construction condos in the J'Town real estate market. Through the company that they own together, Redlee Construction and Development, Inc., they have built a new set of condos just off of Six Mile Lane.

If you would like more info on this Louisville J'Town Condo Development that I have mentioned here, and have mentioned before in previous postings, please visit www.Magnolia-Place-Condos.com. Or, if you would like to see some of the pictures and virtual tours of this J'Town Condo Project, you can also visit http://www.tourfactory.com/528544.

For transparency sake, and for legal reasons, I must say clearly that I am NOT the listing agent for these properties. David and Matt happen to be friends of mine, and I just wanted to help them get the word out on their new construction condos in J'Town.

For all other information regarding Louisville Highlands real estate, Louisville St Matthews real estate, Prospect Ky real estate, or anything at all to do with Louisville Ky real estate, please visit the most complete real estate website at www.GregFly.com. You may also reach me anytime at 1-888-GREG-FLY or email me at greg@gregfly.com.

J'Town Median Prices Fall In Louisville, KY

Recently, while doing a bit of research for a buddy of mine on a condo project in J'Town, which you can check out at www.Magnolia-Place-Condos.com, I ran across some interesting data for J'Town as a whole. Well, parts of J'Town at least. I was able to pinpoint the median price of homes currently on the market in the 40299 zip code, which isn't exactly J'Town, but encompasses a large part of it, and probably a big chunk of the higher end homes in J'Town!

If you have any questions about your zip code or the part of town where you live, please make sure to visit the most complete Louisville KY and J'Town 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.