Annual
Market Statistics - City of Louisville
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Louisville has seen an average increase of 2.7% in single
family median home prices over the last five years. Condos
prices have been flat over that same
time period. 2010 and 2007 were great years for Louisville
with single family homes seeing increases above the average
for Boulder County, but we did see slight decreases in 2011.
Louisville inventory was down in 2011, creating a bit of a Seller's market
towards the end of the year. We'll have to see how much inventory comes
on the market this Spring, but if it stays low I expect values to go up
in 2012.
Call me today to discuss how we can work
together to meet your real estate needs.
|
2011 |
2010 |
2009 |
2008 |
2007 |
2006 |
2005 |
2004 |
2003 |
2002 |
2001 |
2000 |
1999 |
1998 |
| 2011 |
# Sold |
Sales Volume |
Average Price |
Median Price |
% Difference Over Previous Year
(Median Price) |
| Residential |
226 |
82,836,327 |
405,465 |
380,500 |
-3.8 |
| Attached |
46 |
7,073,396 |
200,960 |
182,500 |
-1.7 |
| Income |
1 |
470,000 |
470,000 |
N/A |
193.8 |
| Lease |
0 |
0 |
0 |
N/A |
--- |
| Commercial |
3 |
3,840,000 |
1,280,000 |
N/A |
551.2 |
| Vacant Land |
3 |
1,067,500 |
355,833 |
N/A |
10.2 |
| Farms |
0 |
0 |
0 |
0 |
*** |
| Total |
279 |
95,287,223 |
|
|
|
| 2010 |
# Sold |
Sales Volume |
Average Price |
Median Price |
% Difference Over Previous Year
(Median Price) |
| Residential |
195 |
85,834,454 |
440,176 |
395,000 |
11.3 |
| Attached |
42 |
8,386,522 |
199,679 |
185,700 |
-10.3 |
| Income |
2 |
519,000 |
259,500 |
N/A |
*** |
| Lease |
0 |
0 |
0 |
N/A |
--- |
| Commercial |
1 |
215,000 |
215,000 |
N/A |
-70.7 |
| Vacant Land |
4 |
1,156,000 |
289,000 |
N/A |
245.9 |
| Farms |
0 |
0 |
0 |
0 |
*** |
| Total |
244 |
96,110,976/ |
|
|
|
| 2009 |
# Sold |
Sales Volume |
Average Price |
Median Price |
% Difference Over Previous Year
(Median Price) |
| Residential |
209 |
80,098,327 |
394,573 |
355,000 |
0.0 |
| Attached |
69 |
14,290,598 |
207,110 |
207,000 |
-2.4 |
| Income |
0 |
0 |
0 |
0 |
-100.0 |
| Lease |
0 |
0 |
0 |
N/A |
--- |
| Commercial |
1 |
733,000 |
733,000 |
N/A |
*** |
| Vacant Land |
1 |
92,500 |
92,500 |
N/A |
-73.9 |
| Farms |
0 |
0 |
0 |
0 |
*** |
| Total |
274 |
95,214,425 |
|
|
|
| 2008 |
# Sold |
Sales Volume |
Average Price |
Median Price |
% Difference Over Previous Year
(Median Price) |
| Residential |
204 |
79,707,796 |
390,724 |
350,300 |
-1.3 |
| Attached |
57 |
12,236,601 |
214,677 |
212,000 |
-1.4 |
| Income |
2 |
2,019,000 |
1,009,500 |
N/A |
12.5 |
| Lease |
0 |
0 |
0 |
N/A |
--- |
| Commercial |
0 |
0 |
0 |
0 |
-100.0 |
| Vacant Land |
4 |
1,400,000 |
350,000 |
N/A |
40.3 |
| Farms |
0 |
0 |
0 |
0 |
** |
| Total |
268 |
95,423,297 |
|
|
|
| 2007 |
# Sold |
Sales Volume |
Average Price |
Median Price |
% Difference Over Previous Year
(Median Price) |
| Residential |
247 |
96,938,495 |
392,463 |
355,000 |
7.3 |
| Attached |
90 |
19,675,799 |
218,619 |
215,000 |
14.4 |
| Income |
1 |
550,000 |
550,000 |
N/A |
182.1 |
| Lease |
0 |
0 |
0 |
0 |
** |
| Commercial |
1 |
440,000 |
440,000 |
N/A |
16.7 |
| Vacant Land |
3 |
783,000 |
261,000 |
N/A |
-12.8 |
| Farms |
0 |
0 |
0 |
0 |
** |
| Total |
342 |
118,387,294 |
|
|
|
| 2006 |
# Sold |
Sales Volume |
Average Price |
Median Price |
% Difference Over Previous Year
(Median Price) |
| Residential |
271 |
98,031,316 |
361,739 |
331,000 |
6.6 |
| Attached |
69 |
13,951,570 |
202,196 |
188,500 |
6.2 |
| Income |
2 |
624,000 |
312,000 |
312,000 |
-25.4 |
| Lease |
0 |
0 |
0 |
0 |
** |
| Commercial |
2 |
1,089,400 |
544,700 |
544,700 |
67.6 |
| Vacant Land |
1 |
290,000 |
290,000 |
290,000 |
-23.7 |
| Farms |
0 |
0 |
0 |
0 |
** |
| Total |
345 |
113,986,286 |
|
|
|
| 2005 |
# Sold |
Sales Volume |
Average Price |
Median Price |
% Difference Over Previous Year
(Median Price) |
| Residential |
324 |
113,820,692 |
351,298 |
310,000 |
4.4 |
| Attached |
70 |
13,142,630 |
187,751 |
177,150 |
-1.6 |
| Income |
2 |
837,000 |
418,500 |
237,000 |
-40.8 |
| Lease |
0 |
0 |
0 |
0 |
-100.0 |
| Commercial |
1 |
325,000 |
325,000 |
325,000 |
-- |
| Vacant Land |
4 |
5,202,000 |
1,300,500 |
350,000 |
27.3 |
| Farms |
0 |
0 |
0 |
0 |
-- |
| Total |
401 |
133,327,322 |
|
|
|
| 2004 |
# Sold |
Sales Volume |
Average Price |
Median Price |
% Difference Over Previous Year
(Median Price) |
| Residential |
305 |
102,871,742 |
337,284 |
297,000 |
4.2 |
| Attached |
72 |
13,224,767 |
183,677 |
180,000 |
-1.9 |
| Income |
1 |
400,000 |
400,000 |
400,000 |
39.3 |
| Lease |
1 |
750,000 |
750,000 |
750,000 |
** |
| Commercial |
0 |
0 |
0 |
0 |
-100.0 |
| Vacant Land |
6 |
1,627,500 |
271,250 |
275,000 |
-1.8 |
| Farms |
0 |
0 |
0 |
0 |
** |
| Total |
385 |
118,874,009 |
|
|
|
| 2003 |
# Sold |
Sales Volume |
Average Price |
Median Price |
% Difference Over Previous Year
(Median Price) |
| Residential |
318 |
102,058,985 |
320,940 |
285,000 |
-4.8 |
| Attached |
68 |
12,710,163 |
186,914 |
183,500 |
4.9 |
| Income |
1 |
287,050 |
287,050 |
287,050 |
-4.3 |
| Lease |
0 |
0 |
0 |
0 |
** |
| Commercial |
1 |
379,000 |
379,000 |
379,000 |
** |
| Vacant Land |
1 |
280,000 |
280,000 |
280,000 |
166.7 |
| Farms |
0 |
0 |
0 |
0 |
** |
| Total |
389 |
115,715,198 |
|
|
|
| 2002 |
# Sold |
Sales Volume |
Average Price |
Median Price |
% Difference Over Previous Year
(Median Price) |
| Residential |
293 |
99,968,680 |
341,190 |
299,500 |
6.0 |
| Attached |
78 |
13,889,719 |
178,073 |
174,950 |
-1.2 |
| Income |
3 |
949,900 |
316,633 |
299,900 |
68.5 |
| Lease |
0 |
0 |
0 |
0 |
** |
| Commercial |
0 |
0 |
0 |
0 |
-100.0 |
| Vacant Land |
1 |
105,000 |
105,000 |
105,000 |
31.3 |
| Farms |
0 |
0 |
0 |
0 |
** |
| Total |
375 |
114,913,299 |
|
|
|
| 2001 |
# Sold |
Sales Volume |
Average Price |
Median Price |
% Difference Over Previous Year
(Median Price) |
| Residential |
273 |
83,678,740 |
306,515 |
282,500 |
11.7 |
| Attached |
87 |
15,871,565 |
182,431 |
177,000 |
16.7 |
| Income |
1 |
178,000 |
178,000 |
178,000 |
** |
| Lease |
0 |
0 |
0 |
0 |
** |
| Commercial |
3 |
2,670,000 |
890,000 |
180,000 |
-36.8 |
| Vacant Land |
2 |
161,750 |
80,875 |
80,000 |
27.2 |
| Farms |
0 |
0 |
0 |
0 |
** |
| Total |
366 |
102,560,055 |
|
|
|
| 2000 |
# Sold |
Sales Volume |
Average Price |
Median Price |
% Difference Over Previous Year
(Median Price) |
| Residential |
309 |
88,660,931 |
286,928 |
253,000 |
15.1 |
| Attached |
74 |
10,651,237 |
143,935 |
151,700 |
9.1 |
| Income |
0 |
0 |
0 |
0 |
** |
| Lease |
0 |
0 |
0 |
0 |
** |
| Commercial |
1 |
285,000 |
285,000 |
285,000 |
3.6 |
| Vacant Land |
1 |
62,900 |
62,900 |
62,900 |
-11.4 |
| Farms |
0 |
0 |
0 |
0 |
** |
| Total |
385 |
99,660,068 |
|
|
|
| 1999 |
# Sold |
Sales Volume |
Average Price |
Median Price |
% Difference Over Previous Year
(Median Price) |
| Residential |
361 |
86,504,831 |
239,625 |
219,900 |
14.5 |
| Attached |
74 |
10,748,220 |
145,246 |
139,000 |
14.9 |
| Income |
0 |
0 |
0 |
0 |
-100.0 |
| Lease |
0 |
0 |
0 |
0 |
*** |
| Commercial |
1 |
275,000 |
275,000 |
275,000 |
48.9 |
| Vacant Land |
3 |
251,000 |
83,666 |
71,000 |
42.0 |
| Farms |
0 |
0 |
0 |
0 |
-100.0 |
| Total |
439 |
97,779,051 |
|
|
|
| 1998 |
# Sold |
Sales Volume |
Average Price |
Median Price |
% Difference Over Previous Year
(Median Price) |
| Residential |
392 |
86,676,880 |
221,114 |
192,000 |
--- |
| Attached |
114 |
13,481,145 |
118,255 |
121,000 |
--- |
| Income |
2 |
450,500 |
225,250 |
181,000 |
--- |
| Lease |
0 |
0 |
0 |
0 |
--- |
| Commercial |
3 |
705,700 |
235,233 |
184,700 |
--- |
| Vacant Land |
3 |
790,000 |
263,333 |
50,000 |
--- |
| Farms |
1 |
57,500 |
57,500 |
57,500 |
--- |
| Total |
515 |
102,161,725 |
|
|
|
Source: IRES - Information Real Estate Services