Ok, so I didn’t stay for Thunder. I did drive downtown, fight the mob, and watch part of the fabulous airshow. However, I hate crowds and with the final tally at over 800,000 people, it was just too much for me. Next year I’m getting a room in one of the nearby hotels and enjoying the festivities sans the multitudes. The fireworks were fabulous (even on TV, and I’m told if I find a friend with HD it’s almost like the real thing) but the airshow this year topped all my expectations! If you were among the crowd, I hope you had fun and got home in less than 3 hours!
March Stats Monday, Apr 9 2007
Louisville real estate market 4:02 pm
For the month of March there were 1318 properties that sold and closed, at a total value of $248,020,355, and an average list price of $188,179 with an average sales price of $179,905.
This compares to 2006 when we had a total of 1353 sales, with a total value of $228,677,237, an average lsit price of $169,015, and average sales price of $164,093.
Our total number of sales has not dropped here as in many parts of the country, but our inventory is rising, and the high end market ($500,000+) is overstocked and very slow. Remember, with a lot of inventory- it’s all about price and condition!
Thunder’s coming Wednesday, Apr 4 2007
General Louisville info 3:50 pm
Well here we are again, ramping up for Derby. Brightside is working hard to make the city look its best, even McDonald’s is jumping on the Thunder bandwagon. For anyone who doesn’t know what “Thunder” is-here’s a brief synopsis. It’s simply the world’s largest free air show and fireworks presentation in the world. Usually about 3/4 of a million people congregate into a rather small area to watch the event. Lots of food vendors and beer make it a real party atmosphere. Thunder is the Saturday 2 weeks before the Derby and kicks off the Kentucky Derby Festival, two weeks of fun filled events such as the Great Steamboat Race, the Pegasius Parade, Balloon Glow, The Great Balloon Race, and many free concerts and other family events. Needless to say, the real estate market usually slows considerably for those two weeks. That means this week and next will be busy if the weather is nice. Go ahead and start to make the yards look nice, but don’t get those bedding plants out yet. Remember our frost free day is usually about the same as Derby.
