Thursday, June 2, 2016

End of May Real Estate Market Report for Louisville KY

End of May Real Estate Market Report for Louisville KY

FOR REAL ESTATE INQUIRIES, PLEASE CALL, YOUR JOURNEY TEAM: NIKI FULLER AT 502-523-5554 | EMAIL AT NIKI@YOURJOURNEYTEAM.COM


We showed you how the real estate market is doing in Louisville for the start of May and you can click here to compare this week's report and last week. So far, the real estate market in Louisville is still doing really good, with high demand, the price per square foot may have been a bit lower than how we started the month of May.

However, the report I'm about to show you may or may not be accurate and may change without prior notice. Also, the prices may vary and differ from each location and it's best to request for a custom market analysis or try our FREE HOME VALUE REPORT in Your Journey Team's Website.

You can also reach us at 502-523-5554  or send us an email at Niki@YourJourneyTeam.com. We'd be happy to help you in any way we can and answer any real estate concerns or questions that you may have.


Here is our End of May Real Estate Market Report for Louisville KY.

Price Trends:

Image source: altosresearch.com

The median single family home price as of May 27, 2016, for Louisville, KY is $193,279. 

Request for a FREE HOME VALUE REPORT with Your Journey Team.

Market Conditions:

Image source: altosresearch.com

With a Market Action Index as of May 27, 2016, at 40.48.

What is a Market Action Index?
“The Market Action Index (MAI) illustrates the balance between supply and demand using a statistical function of the current rate of sale versus current inventory. An MAI value greater than 30 typically indicates a “Seller’s Market” (a.k.a. “Hot Market”) because demand is high enough to quickly absorb available supply. A hot market will typically cause prices to rise. MAI values below 30 indicate a “Buyer’s Market” (a.k.a. “Cold Market”) where the inventory of already-listed homes is sufficient to last several months at the current rate of sales. A cold market will typically cause prices to fall.” Read more at: altosresearch.com.

Sales and Demand Trends:

Image source: altosresearch.com

The average property in Louisville as of May 27, 2016, has been on the market for about 117 days.

What is Sales and Demand Trend?
Simply put, “Days-on-Market,” tells you how long the active properties currently for sale, in the aggregate, have been on the market (a.k.a. “time on market”). Said otherwise, “of the active listings currently available for sale, how long have they been for sale?” - source:www.altosresearch.com.

Price per Square foot:

Image source: altosresearch.com

The median price per square foot for homes in Louisville as of May 27, 2016, is about $96.

Homes for Sale:

Image source: altosresearch.com

There are about 1,914 properties on the market in Louisville as of May 27, 2016.

What is Homes for Sale?
“Inventory” is simply real estate word for “the number of homes for sale.” This stat shows you how much supply is available in the market you are researching. Read more at http://altosresearch.com.

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Newly Listed Homes Under $250,000 around Indianapolis

Newly Listed Homes Under $250,000 around Indianapolis

FOR REAL ESTATE INQUIRIES, PLEASE CALL, YOUR JOURNEY TEAM:   

NIKI FULLER AT 502-523-5554  / E: NIKI@YOURJOURNEYTEAM.COM

This week for newly listed homes around Indianapolis area, we have chosen homes under $250,000 and we chose the best of the best. What I mean is homes with 3 bedrooms,  a minimum of 2.5 baths, at least 2 stories, spacious living space, and a huge backyard. 

If you are in the market, actively looking for a home, and or would like us to set a schedule for you to see the homes we have listed below, feel free to reach out to Your Journey Team. You can reach us at 502-523-5554 or send us an email at Niki@YourJourneyTeam.com.

Here is our list of Newly Listed Homes Under $250,000 around Indianapolis.

$227,035 | 8336 WHITAKER VALLEY BOULEVARD INDIANAPOLIS, IN 

4 BEDS | 2.5 BATHS | 2,263 SQFT | $1,066/mo. Estimated Mortgage

This Stratford floor plan offers 4 bedrooms, 2.5 baths, and a large Great Room that's open to the spacious kitchen, equipped with stainless steel appliances. The first floor has 9ft ceilings throughout, the master bedroom has tray ceilings and a luxury bath and walk-in closet. Gas log fireplace is a great focal point in the Great Room. CLICK HERE for more information.

$219,900 | 12539 EAST 86TH STREET INDIANAPOLIS, IN 46236

3 BEDS | 2.5 BATHS | 2,688 SQFT | $1,032/mo. Estimated Mortgage

Beautiful 1.7 wooded acre 3 bedroom 2 1/2 bath home with a beautiful creek in the back of the home in the heart of Geist. This home features 2 fireplaces, vaulted ceilings, updated kitchen with granite countertops and newer cabinets. Very close to Geist Reservoir, local restaurants & stores and great schools. CLICK HERE for more information.

$200,000  | 7360 COPPERWOOD DRIVE INDIANAPOLIS, IN 46217


4 BEDS | 2.5 BATHS | 2,971 SQFT | $939/mo. Estimated Mortgage


 Spacious Home on .3 acre lot near Southern Dunes Golf Course & within walking distance to 4 Star Elementary School. ~ 3,000+/- SQ. ft. Garage with 6' extension for golf cart & toys ~ Open Floorplan. Large Great Room with fireplace. First-floor office with french doors. Formal dining room. Kitchen with island & pantry. Luxuriate longer in your master retreat with Vaulted Ceiling, Double Sink, Garden Tub, Shower, Huge closet. CLICK HERE for more information. 

$198,900 | 3505 OTISCO LANE INDIANAPOLIS, IN 46217


3 BEDS | 2.5 BATHS | 3,410 SQFT | $934/mo. Estimated Mortgage

Lovely 3 bedroom home features open space, updated eat-in kitchen, granite countertops, stainless appliances, tiled master shower, gorgeous laminate hardwoods, new premium carpeting and much more. Space for all including large great room and fireplace and loft. Add 2.5 baths, huge walk-in closet in master. Enjoy a patio and fenced yard overlooking a pond. Like to swim, play tennis, golf, bike? Community amenities and easy access to everything. CLICK HERE for more information. 

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Wednesday, June 1, 2016

May 2016 End of The Month Real Estate Market Report for Indianapolis

May 2016 End of The Month Real Estate Market Report for Indianapolis

FOR REAL ESTATE INQUIRIES, PLEASE CALL, YOUR JOURNEY TEAM:   

NIKI FULLER AT 502-523-5554  / E: NIKI@YOURJOURNEYTEAM.COM

Image source: www.ibj.com

It's that time of the month to see if the real estate market improved in Indianapolis, IN. Click here to compare the beginning of the month report. Though, the information may or may not be updated right away, since it takes a lot of time to gather the general statistics. Plus, the information may or may not be accurate since this is just a general information.



I would like to remind everyone that the report I will be providing you may or may not be accurate and it is best to contact our team  for a FREE HOME VALUE REPORT  or Request for a FREE CUSTOM MARKET ANALYSIS for a more accurate information.

You can reach us at 502-523-5554 or send us an e-mail at Niki@YourJourneyTeam.com.  We are always happy to help with anything that you need. 

Here is May 2016 End of The Month Real Estate Market Report for Indianapolis.

Price Trends:

Image Source: altosresearch.com

The median single family home price as of May 27, 2016, for Indianapolis, IN is $108,921. 


Market Conditions:

Image Source: altosresearch.com

With a Market Action Index as of May 27, 2016, at 44.37.

What is a Market Action Index?

“The Market Action Index (MAI) illustrates the balance between supply and demand using a statistical function of the current rate of sale versus current inventory. An MAI value greater than 30 typically indicates a “Seller’s Market” (a.k.a. “Hot Market”) because demand is high enough to quickly absorb available supply. A hot market will typically cause prices to rise. MAI values below 30 indicate a “Buyer’s Market” (a.k.a. “Cold Market”) where the inventory of already-listed homes is sufficient to last several months at the current rate of sales. A cold market will typically cause prices to fall.” Read more at: altosresearch.com.

Sales and Demand Trends:


Image Source: altosresearch.com

The average property in Indianapolis as of May 27, 2016, has been on the market for about 125 days.

What is Sales and Demand Trend?  

Simply put, “Days-on-Market,” tells you how long the active properties currently for sale, in the aggregate, have been on the market (a.k.a. “time on market”). Said otherwise, “of the active listings currently available for sale, how long have they been for sale?” - source:www.altosresearch.com

Price per Square foot:

Image Source: altosresearch.com

The median price per square foot for homes in Indianapolis as of May 27, 2016, is about $71.

Homes for Sale:

Image Source: altosresearch.com

There are about 2,857 properties on the market in Indianapolis as of May 27, 2016.

What is Homes for Sale?

“Inventory” is simply real estate word for “the number of homes for sale.” This stat shows you how much supply is available in the market you are researching. Read more at http://altosresearch.com.

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Under $250,000 Homes Currently Listed in Louisville, KY

Under $250,000 Homes Currently Listed in Louisville, KY


FOR REAL ESTATE INQUIRIES, PLEASE CALL, YOUR JOURNEY TEAM: 
NIKI FULLER AT 502-523-5554 | EMAIL AT NIKI@YOURJOURNEYTEAM.COM

For this week, we have decided to search for newly listed homes with 3 bedrooms and 3 baths, a large living space, at least 1.5 stories, and with a huge fenced backyard. Everything that we would want for our new home. Also, since it's almost summer, We would like to also see homes available in the market with a covered patio or deck, with a spacious backyard to accommodate our guests and host weekly barbeques!

If by chance you are in the market actively looking for a home, and or would like us to set a schedule for you to see the homes we have listed below, feel free to reach out to Your Journey Team. You can reach us at 502-523-5554 or send us an email at Niki@YourJourneyTeam.com.

Here is our list of Under $250,000 Homes Currently Listed in Louisville, KY.

$250,000 | 1110 MOSER RD LOUISVILLE, KY 40223

3 BEDS | 3.5 BATHS | 2,900 SQFT | $1,174/mo Est. Mortgage

 It's rare a home with this amount of upgrades, location and in the ground pool comes along (see the pictures), this could be your next home. Walk into a formal entry with a formal dining and living room on either side. The eat-in kitchen has been completely updated with new cabinets; counter tops, stainless steel appliances, and lighting. The family room is spacious and features a wonderful fireplace with floor to ceiling brick surround. Even the half bath has been updated with new vanity and vessel sink. The master bedroom suite is spacious and offers a walk-in closet and master bath. CLICK HERE for more information about this home.

$249,900 | 7716 MANSLICK RD LOUISVILLE, KY 40214


4 BEDS | 3.5 BATHS | 3,458 SQFT | $1,173/mo Est. Mortgage


BEAUTIFULLY DECORATED WITH A LIGHT AND BRIGHT DECOR. THE FIRST FLOOR FEATURES AN AWESOME LIVING ROOM/DINING ROOM COMBO WITH A FIREPLACE, WET BAR WITH ICEMAKER AND BIG WINDOWS. A WONDERFUL OFFICE/DEN AREA OFF THE FRONT DOOR. HUGE EAT IN KITCHEN WITH ANOTHER EATING/DINING AREA. THERE IS ALSO A 1ST FLOOR LAUNDRY AND LARGE 2+ CAR GARAGE. THE 2ND FLOOR HAS A MASTER BEDROOM SUITE WITH A WALK-IN AND DOUBLE CLOSET AND HUGE PRIVATE BATH WITH A WHIRLPOOL TUB. THERE ARE 2 ADDITIONAL BEDROOMS AND A BONUS ROOM ABOVE THE GARAGE AND A SECOND FULL BATH . THE WALKOUT LOWER LEVEL OFFERS A 2ND FAMILY ROOM WITH FIREPLACE, 3RD FULL BATH. CLICK HERE for more information about this home.

$248,100 | 14110 GLENDOWER DR LOUISVILLE, KY 40245

4 BEDS | 3.5 BATHS | 4,783 SQFT | $1,165/mo Est. Mortgage

BRICK 2 STORY ON CORNER LOT WITH FINISHED WALK-OUT BASEMENT, 2 STORY FOYER, FORMAL LIVING AND DINING ROOM, FAMILY ROOM WITH FIREPLACE AND BUILT-IN BOOKCASES, VAULTED CEILING IN EAT IN KITCHEN, LOTS OF MOLDING, CEILING FANS, 1ST FLOOR LAUNDRY, FAMILY ROOM IN BASEMENT WITH FIREPLACE, FULL BATH IN BASEMENT, DECK, PATIO, 3 CAR ATTACHED GARAGE  CLICK HERE for more information about this home.

$239,900 | 4105 E PAGES LN LOUISVILLE, KY 40272

3 BEDS | 3 BATHS | 3,338 SQFT | $1,126/mo Est. Mortgage

Great open split floor plan with a private master suite to one end and 2 other bedrooms and full bath at the other end. Beautiful large entry opens into a spacious great room with dramatic ceiling and fireplace with mantle perfect for displaying prized special moments. Great area for entertaining with overflow out onto a large deck with additional entrances from the kitchen and master bedroom. Fully equipped eat in kitchen with picturesque Dining nook with High Dramatic Ceiling to bring in lots of natural lighting. The first floor is concluded with a formal Dining Room and laundry. CLICK HERE for more information about this home.

$229,900 | 11849 WASHINGTON GREEN RD LOUISVILLE, KY 40229

4 BEDS | 3 BATHS | 2,146 SQFT | $1,079/mo Est. Mortgage

ALL BRICK ranch with walk-out basement is ready for you to call it home. The main floor features a split bedroom design with the master on one side of the home and the other two bedrooms on the other. The vaulted great room and kitchen are open and flow to the deck which overlooks the backyard. The home sits on over a fifth of an acre, so there is plenty of room to spread out and play. The lower level has a secondary entertaining space as well as a 4th bedroom and a third full bath. The lower level family room opens up to the patio and rear yard as well. The oversized 2 car garage has additional depth for extra storage of yard tools or toys. CLICK HERE for more information about this home.

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