January 2016 Market Update for Northside
A YEAR IN REVIEW for Louisville Homes on the “Northside” of S. Boulder Rd.
2015 was one of the best years for real estate appreciation in decades. There are lots of intangible factors that determine market value for a specific home but averages are a great way to analyze how things are generally trending in our market. The average price of a home on the Northside of Louisville jumped to $561,000 (up an extraordinary 35% from $417,000 in 2014).
Here are some interesting comparisons from 2014 to 2015 that can be used as a barometer of real estate growth. (Data only includes Single Family Homes and does not include condo/townhome data)
• 39 single family homes sold for an approximate volume of