The residential real estate market is in rare form but we’re seeing some houses move in a few of Louisville’s most sought-after neighborhoods.
In this week’s roundup of the most expensive homes sold in Jefferson County, there are two houses in Norton Commons, one in Indian Hills, one in the Highlands and one in the far eastern end of the county. Three of the five homes in this week’s roundup sold for more than $1 million, while the other two are fairly close to that threshold.
This week’s gallery features five homes, specifically for the period of Sept. 13 through Sept. 20. And I’ve ordered them from the “cheapest” to most expensive for the period.
Check out the homes below.
No. 5 (For the period of Sep. 13- 20)
Address: 3207 Meadow Bluff Way, Louisville, KY 40245
Seller: Deville Homes Inc.
Buyer: John Patrick O’Brien and Molly A. O’Brien
Like always, I’m only looking at single-family homes in this gallery. In order to ensure an apples-to-apples comparison, I left off vacant lot sales, multi-home purchases, apartment complexes and duplexes.
More Louisville residential real estate news
If you’re into keeping track of local real estate trends, be sure to check out our coverage of Homearama 2023 from earlier this week.
The 2023 Homearama tour began Saturday, Sept. 29. It’s hosted by the Building Industry Association of Greater Louisville and showcases nine luxury custom-built and fully decorated homes from local builders, LBF Reporter Eleanor Tolbert writes.
In years past, the show took place in one neighborhood, with last year’s held in Norton Commons. This year, the homes are spread throughout the Louisville area, in Spencer, Oldham and Jefferson counties.
The home showcase continues both today, Sunday, Oct. 8, and next weekend.
For more of a national outlook, check out this story from Ashley Fahey, real estate editor for the Business Journals, which notes there are millions of homes sitting empty across America at a time when inventory and affordability are squeezing the nation’s housing market.
The story cites a recent analysis of U.S. Census Bureau 2022 American Community Survey data by LendingTree Inc. and notes there are nearly 5.5 million vacant housing units in the nation’s 50 largest metro areas. That puts the housing vacancy rate across those metros at about 8%.